Entries by Prime Choice Funding

What Is a No Doc Loan?

In an era when interest rates are attractive and processing is streamlined, getting a mortgage is as quick and painless — so to speak — as it ever was. With the prevalence of automated underwriting systems and relaxed, pre-banking crisis guidelines, loan applicants find that their approvals are accelerated and the terms are favorable. One […]

What Is a Bank Statement Loan?

In January of 2019, Forbes magazine announced that “The explosion of the gig economy continues unabated.” Noting that 55 million Americans engage in either freelance or contract work, the article predicted a further increase in 2020. While entrepreneurship and hustle are trademarks of the successfully self-employed, so too are hours of paperwork and a good […]