Explore Your Loan Options
Business – Residential – Commercial – Agriculture – Farming – Vacant Land – DSCR/Investment – Bridge/Construction
Conventional Loans
Home loans that are offered by private lenders without any direct government backing. Meaning they are not insured or guaranteed by a government agency.
FHA Loans
A type of mortgage that is backed up by the Federal Housing Administration meaning it is insured by the federal government.
VA Loans
Loan that will help service members, veterans, and their families buy homes with no down payment (if the sales price doesn’t exceed the appraised value), and no private mortgage insurance (PMI) requirement.
HELOC
A line of credit borrowed against the available equity of your home. Just like a piggy bank or “ATM” that you can borrow multiple times and is an adjustable rate.
HELON
Allows you as a homeowner to borrow money up front by leveraging the equity in your home and is a fixed interest rate.
Jumbo Loans
A mortgage that is used to finance properties that are too expensive for a conventional conforming loan.
Bank Statement Loan
A home loan that allows you to qualify for a mortgage using bank statements rather than tax returns.
Stated Income
A home loan that does not require any income verification or documentation.
ITIN
A unique kind of home loan for individuals that may not have the traditional documentation needed to obtain a mortgage loan. Meaning, borrowers with no social security numbers, but with ITIN cards and are eligible they can qualify for a mortgage.
DSCR
An investment loan, a non-QM loan used by a real estate investor to help them qualify for a loan based on their property’s cash flow, without having to verify personal income.
Business Loan
A type of commercial financing qualified businesses can get from traditional banks, online lenders and credit unions. Businesses can use funds to cover the costs that come with operating and growing a business, including everything from working capital and equipment purchases to larger purchases like real estate.
Commercial Loan
A commercial loan is a debt-based funding arrangement that a business can set up with a financial institution, as opposed to an individual.
USDA
A loan that allows no down payment and has a cheap mortgage insurance, but you must buy in a “rural” area and meet income limits.
Your Trusted Partner for VA Loans
At Loans By Maz, we specialize in assisting veterans, active-duty service members, and eligible National Guards and Reserves members with their VA loans. Our dedicated team understands the unique needs of military personnel and is committed to providing personalized support throughout the entire loan process. Whether you're a first-time homebuyer or looking to refinance, we're here to guide you every step of the way. From explaining the benefits of VA loans to helping you navigate the application process, we strive to make your experience smooth and stress-free. Let us help you unlock the benefits of VA loans and achieve your homeownership goals with confidence.
Qualifying Loans
Non-QM Loans
• Jumbo Mortgages
• Bank Statement Only Loans
• Verification of Employment Loans
• No Income – No Documentation Loans
• Stated Income Loans
• ITIN Loans
• Debt-Service Coverage Ratio (DSCR) Loans for Non-Owner Occupied Properties with No Income
Is a Reverse Mortgage Right for You?
Considering the Suitability of a Reverse Mortgage
Are you a homeowner aged 62 or older seeking to maximize the value of your home equity? Look no further than a reverse mortgage – a powerful financial tool designed to empower you in your golden years.
Flexibility & Freedom
With a reverse mortgage, you can tap into your home's equity and transform it into tax-free loan proceeds. Whether you prefer a lump sum, a line of credit, fixed monthly payments, or a combination of these options, the choice is yours. Say goodbye to financial constraints and hello to newfound flexibility and freedom.
Peace Of Mind
Unlike traditional mortgages, which allow you to make monthly payments to the lender, a reverse mortgage flips the script. Instead, it provides you with income, allowing you to enjoy the fruits of your homeownership journey without worrying about monthly payments. And the best part? Repayment only occurs when you leave your home, whether through a sale or when you pass away, ensuring peace of mind for you and your loved ones.
Experience Financial Freedom with Stated Income Loans
Step into a new era of homeownership with stated income loans. These innovative financial tools streamline the mortgage process by eliminating the need for extensive income verification and documentation. Gone are the days of paperwork overload – with stated income loans, lenders simply require your stated income, making the process quicker and more efficient.
A Secure Borrowing Experience
While once tarnished by association with risk, modern stated income loans have evolved. They now prioritize responsible lending practices, ensuring a secure borrowing experience for all parties involved. Say goodbye to the uncertainties of the past and embrace a brighter future in homeownership.
Flexibility and Convenience
Unlock the door to your dream home without the burdens of traditional mortgage requirements. Stated income loans offer the flexibility and convenience you need to make your homeownership dreams a reality. Don't let outdated perceptions hold you back – take advantage of the opportunities presented by stated income loans today.
The Dodd-Frank Act ushered in significant changes to the landscape of home loans, particularly benefiting borrowers by ensuring stringent documentation of their ability to repay. Today, obtaining a home loan necessitates comprehensive proof of financial capability, with lenders mandating thorough documentation from borrowers.
However, amidst these requirements, stated income loans stand as an exception. Designed primarily for self-employed individuals, these loans sidestep the traditional income documentation process, making them an attractive option for those with fluctuating income streams. Despite Dodd-Frank regulations, stated income loans remain accessible, albeit restricted to non-owner-occupied properties.
For employed borrowers, qualifying for a conventional mortgage entails presenting a slew of documents, including tax returns, W-2 forms, and recent pay stubs. Conversely, self-employed individuals face higher documentation standards due to the variability of their income. Stated income loans offer a contrasting approach, with lenders emphasizing documentation and income verification less. Instead, they prioritize factors like a solid credit score, ample reserves, and a substantial down payment.
Painting a compelling financial picture is key to securing approval and favorable interest rates. With stated income loans, borrowers who can demonstrate financial stability and responsibility are more likely to navigate the lending process and secure advantageous terms easily.