Are you self-employed or a 1099 earner who’s tired of hearing “you don’t qualify”  just because your tax returns don’t show your real income? You're not alone and you’re not out of options. At LJ Mortgage Team Inc. , we proudly offer flexible Non-QM (Non-Qualified Mortgage)  programs built specifically for business owners, gig workers, and independent contractors whose traditional tax documents don’t tell the full story of their financial strength. If you have strong deposits

Another successful closing in the Sunshine State! Our client secured a beautiful Florida property using a Non-QM loan the perfect solution for borrowers who may not fit traditional lending guidelines but are financially strong. Let’s break down this winning deal: 📊 Loan Snapshot 💰 Purchase Price:  $507,000 🏦 Loan Amount:  $405,600 📈 Interest Rate:  6.49% (Fixed) 💵 Principal & Interest:  $2,561.00 📑 Estimated Escrow:  $1,232

Helping Self-Employed Buyers Achieve Homeownership in Nassau County Today’s file review is a perfect example of how flexible lending options can open doors for business owners who don’t fit traditional mortgage guidelines. This Franklin Square home purchase showcases how a Non-QM 24-Month Bank Statement Loan  can make homeownership possible without W2s or tax returns. 📍 Property & Loan Snapshot Location:  Franklin Square, NY (Nassau County) Purchase Pric

At LJ Mortgage Team Inc. , we love celebrating real success stories from hardworking clients across the country. This recent closing in Indiana  proves that being self-employed doesn’t have to stand in the way of homeownership! 💼 Loan Snapshot Loan Type:  Non-QM 1099 Bank Statement Loan Purchase Price:  $410,000 Down Payment:  25% Loan Amount:  $307,500 Credit Score:  740 Income:  $92,626 (verified through 24 months of bank statements) I

This latest LJ Mortgage Team Inc.  closing highlights the power of strategic investing and smart financing! 💼 Investor Purchase:  Single-family property (to be converted to 2-family) 💰 Purchase Price:  $700,000 | Down payment:  30% 👥 Borrowers:  2 | Credit Score:  689 💵 Household Income:  $353,949 | Business Owners 📉 Monthly Liabilities:  $47K 📑 Property Taxes:  $5,327 | HOI:  $2,015 📈 Interest Rate:  6.75% 💳 P&I Payment:  $3,178.13/month ⚠️ Prepayment Penalty (PPP):

Another successful closing by the LJ Mortgage Team! 📍 Property Details Location:  Yonkers, NY Type:  2-Family Property Bedrooms/Bathrooms:  6 Beds | 3 Baths Purchase Price:  $795,000 Down payment:  20% Credit Score:  761 Interest Rate:  6.49% Monthly Payment (P&I):  $4,015 Escrow:  $967 Closing Costs:  $39,932 (~5.02% of purchase price) 💼 Loan Program Non-QM 1099 Loan

When exploring mortgage or loan options, you may come across something called a balloon payment   and it’s important to understand exactly what that means before you commit. A balloon payment  is a large lump sum due at the end of a short loan term , typically 5–10 years , after making lower monthly payments  that are calculated as if the loan were stretched over a longer amortization (like 30 years). This setup can make your payments more affordable upfront , which is great

If you're self-employed and find traditional mortgage requirements hard to meet, you're not alone and more importantly, you're not out...