For borrowers who don’t fit the W‑2 box
Financing built around how you actually earn.
Bank statement, DSCR, home equity and alternative-documentation programs. One mortgage professional reads your scenario and names the programs that fit.
No credit check at this step. Not an application. No obligation.
NMLS #1717191 · Licensed in CA
What comes back
- Programs that fit Named for your scenario, not a menu.
- How your income would be read Deposits, 1099s, a P&L, assets, or the property's rent.
- The trade-off of each What it costs in pricing, documentation or flexibility.
An independent practice: requests are handled here, not sold as leads
Your goal
What are you trying to accomplish?
Start here
Pick the closest fit.
Each choice shows the program that usually applies and starts the guided form with that goal preselected.
Compare all programsLikely fit
Bank Statement Loans
Usually the starting point when deductions leave the tax return understating real cash flow. To begin we'll ask how you're paid, roughly how long you've been in business and whether deposits run through personal or business accounts.
Likely fit
DSCR Loans
Built for buy-and-hold investors: the property's rent, not your personal income, carries the qualification. To begin we'll ask about the property, the expected rent and whether you plan to hold it in an LLC.
Likely fit
Home Equity Line of Credit (HELOC)
For homeowners who want funds without replacing a first mortgage worth keeping. To begin we'll ask about the home, what you owe on it and how you plan to use the line.
Likely fit
Alternative-Documentation Loans (Stated Income / No Doc)
For borrowers with real income or assets that standard paperwork captures badly. To begin we'll ask how you earn and which records you actually have: 1099s, asset statements or a CPA-prepared P&L.
Guided start
Start with a conversation, not a program.
Many borrowers qualify through more than one program. Tell us about your situation and a mortgage professional will lay out the options. No application, and no credit check at this step.
How it works
Four steps from first question to closing.
RateLogiq is an independent mortgage professional's practice for self-employed borrowers, real-estate investors and homeowners. Every request is read by a mortgage professional, and every loan is fully underwritten.
Tell us your goal
A short form or a conversation: what you want to do, the property, and how you earn. Ranges are fine; documents come later.
Scenario review
We read your situation the way an underwriter will: deposits, rents, equity, entity structure. Then we identify which programs fit.
Options, with the trade-offs
You see the realistic options side by side, including what each one costs you in pricing, documentation or flexibility. We will tell you if a conventional loan is the better path.
A guided closing
Application, appraisal, underwriting conditions, closing. You hear what is needed, and why, before it is needed.
Review my scenarioNo credit check at this step.
Why RateLogiq
Smart technology. Human expertise. Straight answers.
The technology removes the friction. The professional supplies the judgment. The table shows what that changes for the same borrower.
Smart technology
Calculators that show their math and a short form that asks for ranges, not documents. The technology handles the intake; it never makes the decision.
Run the numbersHuman expertise
One mortgage professional reads every scenario and stays on the file through underwriting and closing. No call center, and no hand-off once the questions get hard.
Flexible programs
Bank statement, DSCR, home equity line and alternative-documentation programs, matched to how you earn and how you hold property.
Same borrower. Different reading.
| Comparison point | Typical conventional process | RateLogiq approach |
|---|---|---|
| How income is read | Two years of tax returns and W-2s, averaged. Deductions reduce what you qualify for. | The documentation that fits how you earn: bank statements, 1099s, a CPA-prepared P&L, assets, or the property's own rent. |
| Investment property | Personal income and debt ratios must carry each additional property; entity vesting is usually not allowed. | DSCR programs qualify the property on its rental income and can close in an LLC with a personal guarantee. |
| Who reviews your file | An originator, then a processor, then an underwriter, usually different people. | One professional who stays on the file from the first conversation to closing. |
| What you are told up front | A rate and a payment, based on the documents the template expects. | Which programs fit, what each costs you in pricing or flexibility, and whether conventional is the better path. |
| Where it stops | When the tax-return average does not support the payment. | When no program's guidelines fit the credit, the property or the records you have. There are more ways to document income here, and every one of them still has to be underwritten. |
Review my scenarioNo credit check at this step.
Illustrative scenarios
Situations these programs were built for.
Composite examples of how each program reads a file. They are not real clients and not a promise about any outcome.
Bank statement
The contractor who keeps every receipt
Strong deposits, thin taxable income after equipment and vehicle deductions. A business-statement program measures the deposits and applies an expense factor instead of reading the tax return.
See the program
DSCR
The fourth rental
Three financed rentals and a complicated return. A DSCR program qualifies the fourth property on its lease and closes it in the investor’s LLC.
See the program
HELOC
The kitchen and the low first mortgage
A family with a first mortgage worth keeping opens a line for a phased remodel and draws as each stage is invoiced, leaving the original loan untouched.
See the programLearning center
How each program reads a file.
Guides to the questions borrowers ask before they apply, trade-offs included.
Self-employed financing
Bank Statement vs Conventional for the Self-Employed: Run Both First
Before choosing a bank statement loan, have a broker recompute your Schedule C the way an agency underwriter would: add back depreciation, home office and one-time costs.
DSCR & real estate investing
How DSCR Is Calculated, Including the Appraisal Rent Schedule
DSCR is the property's gross monthly rent divided by its full monthly payment (principal, interest, taxes, insurance and association dues).
Home equity
HELOC Draw Period vs Repayment Period: Why the Payment Jumps
During the draw period most HELOCs require interest only on the drawn balance.
Which program is right for me?
It depends on how you earn and how the property will be used. Self-employed owners whose returns understate cash flow usually start with a bank statement loan; investors buying a rental look at DSCR; homeowners keeping a good first mortgage look at a home equity line; 1099, P&L and asset-based earners, alternative documentation. The scenario review form asks for ranges so a licensed professional can name the programs worth pricing.
Does the form check my credit?
No. Nothing on this website pulls a credit report. The form asks how you would describe your credit, and that self-reported range only points you toward suitable programs. A credit inquiry happens later, after you authorize it as part of an actual loan application with a licensed professional, and you will know when that step arrives because you will have signed the authorization for it.
What does non-QM mean?
Non-QM means a mortgage that sits outside the federal qualified-mortgage definition, the rulebook that limits a loan's features, fees and how income is documented. Outside that definition does not mean outside underwriting. For a home you will live in, the lender still has to verify your ability to repay from records such as bank statements or assets, and a rental you will not occupy is business-purpose credit underwritten to its rent. Pricing is generally less favorable than conventional financing. Read What is a non-QM loan? for the trade-off in full.
What happens after I submit the form?
A RateLogiq mortgage professional reads your goal, property and ranges and follows up by the method you chose. The form is a request for contact, not an application, and no credit report is pulled. The first conversation is about fit: which programs are worth pricing and what each would require. If you decide to proceed, a secure application opens then, and underwriting begins only after that.
Is non-QM the same as subprime?
No. Subprime describes a borrower's credit profile; non-QM describes how a loan is documented and structured, and the two are independent. A self-employed owner or investor with strong credit whose income a tax return understates is a typical non-QM borrower, not a subprime one. The higher cost reflects the documentation method, not a judgment about the person. What is a non-QM loan? covers the difference in full.
Do you work with W-2 borrowers?
Yes. Salaried and hourly borrowers often have a reason to look past a conventional loan: a side business or rental portfolio that complicates the file, a property outside agency rules, or a rental purchase that fits a DSCR loan better. W-2 homeowners also use home equity lines. If your income and property are conventional, a conventional mortgage is usually the less expensive route, and we say so.
Find out which program fits your situation.
Answer a few questions about your goal, the property and how you earn. Christopher Barton reviews your scenario and comes back with the options and the trade-offs of each.