Featured Articles
Actionable lending insights to help mortgage brokers and LOs close more loans.
Understanding the Different Types of Second Mortgages
As more borrowers look for liquidity without refinancing, second mortgages are becoming an essential tool for brokers. This article breaks down the key second mortgage options, when each structure makes sense, and why they are gaining traction in non-QM lending as a flexible way to solve for debt consolidation, renovations, investments, and other large expenses.
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Lendz Financial EVP of Business Development, PJ Harley, Named 2026 HousingWire Rising Star
Lendz Financial announced that PJ Harley, Executive Vice President of Business Development, has been named a 2026 HousingWire Rising Star. The recognition highlights Harley’s leadership in expanding broker relationships, driving strategic initiatives, and advancing technology solutions that support Lendz Financial’s growth in the non-QM mortgage space.
Who Can Benefit from Non-QM Loans?
Non-QM loans help borrowers who fall outside traditional mortgage documentation standards still qualify for financing through alternative income verification methods. This includes self-employed borrowers, real estate investors, 1099 earners, foreign nationals, and others with complex income structures. For mortgage brokers and loan officers, understanding how to match these borrowers with the right non-QM program can open more opportunities and make challenging files more workable.
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Is a Bank Statement Loan the Best Mortgage for the Self-Employed?
Bank statement loans are often the best mortgage solution for self-employed borrowers because they measure real cash flow instead of relying only on tax returns. This article explains why traditional underwriting can disadvantage business owners, how bank statement programs calculate income, who benefits most, what underwriters look for, and when other non-QM options like 1099, P&L, or DSCR loans may be a better fit.
Types of Non-QM Loans: Which One Fits Your Needs?
Understanding the different types of non-QM loans helps mortgage brokers match borrowers to the right financing solution faster. From DSCR and bank statement loans to P&L, asset depletion, jumbo, and foreign national programs, each option serves a different borrower profile and deal structure.
Cross-Collateral Loan Benefits for Real Estate Financing
Real estate investors often have equity spread across multiple properties. This article explains how cross-collateral loans allow borrowers to use portfolio equity across several assets to secure one loan, potentially strengthening leverage for purchases, refinances, or portfolio restructuring. It also outlines when this structure makes sense, common program guidelines, and what brokers should verify early to keep deals moving smoothly.
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What Is a Cross-Collateral Loan and How Does It Work?
A cross-collateral loan allows real estate investors to use multiple properties as collateral for one mortgage, creating a portfolio-level financing strategy instead of structuring one loan at a time. This approach is especially useful in the non-QM space, where flexibility, DSCR qualification, and equity leverage matter more than traditional underwriting limits.
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1099 vs Bank Statement vs Profit and Loss Loans
Self-employed borrowers don’t usually struggle because of credit - they struggle because their income doesn’t fit traditional documentation rules. This guide compares 1099 loans, bank statement loans, and P&L loans, explaining how each option verifies income, when it makes the most sense, and how brokers can structure cleaner, smoother non-QM approvals.
What Is A 1099 Loan?
This guide breaks down who a 1099 loan is best for, how underwriting evaluates income, and the key rules brokers must confirm early - including the 2-year history requirement, the 80% YTD deposit test, and the 25% cap on income increases. When structured correctly, a 1099 loan offers brokers a clean, efficient path to approval for strong self-employed borrowers with real income but complex documentation.
