Everything You Need To Know About Interest-Only Mortgages and How They Work What is an Interest-Only Mortgage? Simply put, an interest-only mortgage lets you enjoy lower monthly payments for a set period, usually between 5 to 10 years. During this time, you only have to pay the interest on the loan without having to pay […]
Interest-Only Mortgages: What You Need to Know Read More »
Everything You Need To Know About Getting A DSCR Loan in California Imagine buying an investment property without your personal income impacting your chances of qualifying. Debt-service coverage ratio (DSCR) loans can help you achieve those investment goals. If you live in California and want to learn more about getting a DSCR loan, you’ve come
California DSCR Loans: The Complete Guide Read More »
The Ultimate Guide to Getting a California Bank Statement Loan For self-employed individuals living in the Golden State, California bank statement loans can be a valuable tool to help achieve homeownership. Without traditional income documentation like W2s, pay stubs, and tax returns, it can be difficult for self-employed individuals to qualify for conventional loans. In
California Bank Statement Loans: The Complete Guide Read More »
A Comprehensive Guide on Everything You Need to Know About Private Mortgage Lenders While traditional banks dominate the mortgage industry, private lenders offer an alternative path to financing your dream home. Private mortgage lenders tend to have more flexible lending criteria, which can be a lifeline for those who don’t fit the traditional mold
Private Mortgage Lenders: The Complete Guide Read More »
A Guide to Getting a Mortgage for Individuals With Non-Traditional Income Sources Being your own boss can come with many perks, but when it comes to securing a mortgage, it can sometimes feel like a disadvantage – an unnecessary cost that stems from when traditional institutions fail to comprehend the driven nature of the entrepreneurial
Self-Employed Mortgages: The Complete Guide Read More »
Your Ultimate Guide to Non-QM Mortgage Lenders What is a Non-QM Mortgage? A non-QM (Non-Qualified Mortgage) mortgage is a type of loan that doesn’t meet traditional lending standards and requirements, which are set forth by the Consumer Financial Protection Bureau (CFPB). This means that non-QM loans allow lenders to be more flexible with their standards
Top 15 Non-QM Mortgage Lenders, Explained Read More »
Defy Mortgage, LLC is a direct lender and licensed under NMLS #2383214, 1030 16TH AVE S FL 2, Nashville, TN 37212. Licensed under the Oregon Consumer Finance Act. Georgia Residential Mortgage Licensee # 2383214. Defy Mortgage, LLC, Loans made or arranged pursuant to a California Financing Law license – License # 60DBO-173959. Available in select states.
