Bank Statement/1099/Self Employed
Bank Statement/1099 Employment Loans are a perfect solution for self-employed borrowers who need flexible income verification. Instead of relying on traditional tax returns, these loans calculate income based on bank statements, making it easier for business owners and independent contractors to qualify.
12 OR 24 MONTH
Can be used for Primary, Vacation, or Investment
MINIMUM 10% DOWN PAYMENT
Loan amounts up to $3,000,000
Business bank statements and personal bank statements permitted
Borrower does not have to be 100% owner of the business
W-2 with Bank Statements combinations allowed
P&L statements NOT required
Business expense ratio as low as 10%
Multiple business bank accounts acceptable
Gift Funds Allowed
A Bank Statement/1099 Employment Loan makes it easier for self-employed borrowers to qualify without the hassle of traditional income documentation. If you’re ready to explore this flexible option, contact me today, and let’s get started on your path to homeownership!
Debt Service Coverage Ratio (DSCR)
DSCR/Rental Property Mortgages are designed for real estate investors looking for a hassle-free way to finance rental properties. With no tax returns or income verification required, approval is based on the property’s cash flow. If the rental income covers the expenses—like principal, interest, taxes, insurance, and HOA—you’re good to go. Perfect for purchase, cash-out, or refinancing, this loan keeps things simple for investors!
Unlimited financed properties and up to 10 loans for any one investor permitted
MINIMUM 15% DOWN PAYMENT
Non-warrantable condos permitted
Rate buydown feature available
DSCR (as low as .75x)
Investment Properties Only: Single-Family, Condos, Townhomes, Multi-Family, Commercial, Mixed Use, Office, Retail, Industrial, Warehouse
$75K – $5M
Fixed rates/Adjustable
Interest Only Option Available
No Prepayment Penalty Option Available.
A DSCR/Rental Property Mortgage makes it easy for investors to finance rental properties without the need for traditional income documentation. If you’re ready to grow your portfolio or refinance an existing property, reach out today, and let’s find the right solution for your investment goals!
Vacant Land
Ready to purchase vacant land for your dream home, vacation retreat, or investment property? We offer flexible mortgage options designed to help you secure the perfect spot. Whether it’s for building your primary residence or creating a getaway, we’ll guide you every step of the way!
You can build your dream home
Build on your own time.
Converts to balloon payment after 5 years
Higher down payment requirement (35%)
A vacant land mortgage is your first step toward building the home, vacation spot, or investment property you’ve been dreaming of. Let’s make it happen together—contact me today to explore your options and get started!
Foreign National
Foreign National Loans are designed for international buyers looking to invest in U.S. real estate or purchase a second home. These loans make it easier to secure financing, even without U.S. residency or credit history, so you can turn your property goals into reality!
Available for vacation and investment properties
No tax returns required
Foreign credit report allowed
30% down payment
Only 30 days sourcing & seasoning of assets
Various types of visa's accepted
A Foreign National Loan opens the door to owning investment or vacation properties in the U.S., no residency or U.S. credit required. Ready to take the next step? Contact me today, and let’s find the perfect loan to match your goals!
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ITIN/WORK VISA
ITIN/Work Visa Loans are a great option for individuals looking to purchase a home in the U.S. without a Social Security number. These loans are ideal for both residents and non-residents, as well as their spouses, offering a pathway to homeownership regardless of citizenship status.
Designed for professionals entering the U.S. with a valid work authorization and for U.S. Citizens living and working abroad
Only an offer letter is needed for pre-approval
No U.S. credit required
MINIMUM DOWN PAYMENT 10% for new immigrants to the U.S.
MINIMUM DOWN PAYMENT 30% for U.S. Citizens living abroad (2nd Home)
Loan amounts up to $5,000,000 (LTV limits)
An ITIN/Work Visa Loan makes homeownership possible for those without a Social Security number, offering a simple solution for residents, non-residents, and their spouses. Ready to take the next step? Contact me today to explore your options and start your journey to owning a home in the U.S.!
ASSET DEPLETION
Asset Depletion Loans allow you to qualify for a mortgage using your personal or business assets as income. Whether it’s stocks, checking accounts, or retirement savings, this option provides flexibility for borrowers who may not have traditional income but have substantial assets.
Asset Qualifier program draw period is only 5 years (qualifying assets / 60 months).
Primary Residence: – MINIMUM DOWN PAYMENT 10% for Purchase and MINIMUM EQUITY AMOUNT 20% for Rate/Term Refinances – MINIMUM EQUITY AMOUNT OF 30% for Cash-Out Refinances
Second Homes and Investment Properties: – MINIMUM DOWN PAYMENT OF 20% for Purchase and MINIMUM EQUITY AMOUNT OF 25% for Rate/Term Refinances – MINIMUM EQUITY AMOUNT OF 30% for Cash-Out Refinances
Borrower must have no mortgage delinquency in the last 3 years
Ready to make your dream of rural or suburban homeownership a reality? Contact me today to see if you qualify for a USDA mortgage and take the first step toward your new home!
NON-WARRANTABLE CONDO
Non-Warrantable Condo Loans are a great solution for condos that don’t meet standard lending criteria. This includes properties where more than half the units are owner-occupied as primary or vacation homes, or when an individual or company owns more than 10% of the units in the community.
Up to 50% commercial space permitted
New construction buildings permitted
Allowed on DSCR / Investor Cash Flow Program
Purchase, Rate & Term Refi and Cash-Out Refinance available
MINIMUM DOWN PAYMENT 20%
Loan amounts as high as $3,000,000
A Non-Warrantable Condo Loan offers the flexibility you need to finance unique condo properties that fall outside traditional guidelines. Ready to get started? Contact me today, and let’s find the right loan to make your condo purchase a reality!
CONDOTEL
A condotel (short for condominium-hotel) is a hybrid property that combines the features of a condominium and a hotel. These properties are typically located in resort areas or popular vacation destinations and offer individual ownership of condo units with access to hotel-like amenities.
MINIMUM DOWN PAYMENT OF 25% for Purchase Loans
MINIMUM EQUITY AMOUNT OF 30% for Rate &Term Refinances
MINIMUM EQUITY AMOUNT OF 35% for Cash-Out Refinances
Investment Property and Second Home Only
Potential rental income when participating in the rental program.
Access to resort-style amenities and services.
Ability to enjoy the property as a personal vacation home.
A condotel is a great option if you’re looking for a vacation home with resort-style amenities and the potential to earn rental income. Ready to explore your financing options? Contact me today, and let’s find the perfect solution for your condotel investment!
Looking to buy or refinance an investment property?
Good news for Looking to invest in real estate? With a DSCR mortgage, you can qualify based on your rental income, not personal finances. Take the next step toward growing your portfolio—get your quote now!
© Pioneer Mortgage Funding, Inc. | NMLS# 1936558
Mortgage Broker only, not a Mortgage Lender or Mortgage Correspondent Lender
All loan approvals are conditional, not guaranteed, and subject to lender review of all information. A loan is conditionally approved when the lender has issued an approval in writing, but until all conditions are met, a loan cannot be funded. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. Pioneer Mortgage Funding, Inc is an Equal Opportunity Mortgage Broker headquartered in Tampa, Florida. This licensee is performing acts for which a mortgage broker license is required. Pioneer Mortgage Funding, Inc is licensed by the Florida Office of Financial Regulation, NMLS# 1936558. Pioneer Mortgage Funding, Inc. is approved to originate Conventional, FHA, VA, and USDA loans, and has the ability to broker such loans to Conventional, FHA, VA, and USDA approved lenders. Pioneer Mortgage Funding, Inc. is not acting on behalf of or at the direction of HUD/FHA or the VA.
Corporate Address:
142 W. Platt St
(855) 525-9070
