In the dynamic world of real estate, a dependable partner is essential.
Prime Choice Funding is your go-to ally for achieving excellence.
What We Offer:
- Expert Mortgage Team: Our seasoned experts, including a dedicated Senior Loan Officer, ensure your success and client satisfaction.
- In-house Processing and Operations Team: Ensuring a seamless loan process from submission to funding.
- Fast Turn-Times: We understand the importance of timing in real estate. Our team is committed to fast turn-around times, allowing you to close deals efficiently.
- Co-Branded Marketing Materials: We provide world-class co-branded marketing materials that will keep you and your clients connected and informed.
- Loan Programs for Just About Anyone: From 500-FICO government loans to Non-QM and first-time homebuyers, we have loan programs to meet the needs of a diverse range of clients.
Why Partner with Us?
When you join forces with Prime Choice Funding, you’re aligning yourself with a top-notch team dedicated to your success and your clients’ satisfaction. Together, we pledge to provide unparalleled support, ensuring your clients’ needs are met, and transactions are closed seamlessly and on time.
Our team brings a wealth of experience and expertise to the table, specializing in assisting a diverse range of clients, including self-employed individuals, first-time homebuyers, and real estate investors. What sets us apart is the wide array of unique loan programs available, designed to address the specific needs of different clients.
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Have questions? Chat with one of our Expert Mortgage Partners.
Sam Arnold
Sr. Loan Officer | NMLS #1652752
OFFICE: (714) 955-5720
MOBILE: (714) 403-9200
EMAIL: sarnold@mypcf.com
My name is Sam, and in the dynamic world of real estate, having a reliable partner by your side can make all the difference. Allow me to introduce myself as an exceptional Senior Loan Officer at Prime Choice Funding, ready to elevate your real estate endeavors.
You’ll be joining forces with a top-notch team where commitment to your success and your clients’ satisfaction is paramount. Together, we pledge to provide unparalleled support, ensuring your clients’ needs are met and transactions are closed seamlessly and on time.
I bring a wealth of experience and expertise to the table, with a specialization in assisting a diverse range of clients, including self-employed individuals, first-time homebuyers, and real estate investors. What sets me apart is the wide array of unique loan programs available, designed to address the specific needs of different clients.
HOW IT WORKS
Connect and Discover
Connect with us to discuss your client’s unique scenario. We’ll listen, understand, and tailor a plan to fit their needs.
Guided Application Process
We’ll take charge, reaching out to your client and helping them with the loan application process, aligning them with the perfect loan program. We’ll ensure all details are captured accurately.
From Approval to Funding
Once all requirements are met and we receive clearance to proceed, we’ll prepare and finalize the necessary loan documents. Your client will sign the documents, and upon completion, their loan will be funded.
Home Loan Solutions For Self-Employed Business Owners & Gig Workers
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No W-2? Don’t qualify traditionally? No problem!
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Buy Or Refinance Your Home. No Tax Returns Required! LTV Up To 85% For Cash Out Or 90% For Home Purchases.
Securing a home loan for your clients who are self-employed or gig workers might seem challenging, but our specialized Self-Employed and Gig Worker Solutions mortgages are here to make it easier.
Qualify seamlessly using business or personal bank statements—no tax returns needed. Our programs are designed for those who don’t fit the traditional mold due to self-employed tax returns or income verification complexities in the gig economy.
Benefit from competitive rates and outstanding service as our team navigates you through the process, helping you select the optimal option for your clients’ distinct circumstances. Contact me today to explore how our tailored solutions can transform their homeownership aspirations into reality.
Navigating home loans for self-employed clients? Our Self Employed Solutions mortgage streamlines the process
- No W2, No Problem!
- Qualify with one year self-employed program
- Using bank statements as income
- Qualify with profit & loss statement
- Qualify with 1099 only
- Multiple lenders and options available for your clients
Our Additional Attractive Loan Programs
Do your clients need to buy a home or refinance but can’t prove their income?
Our loan program offers smart underwriting to serve borrowers, eliminating unnecessary documents that are not part of the credit underwriting decision and complying with regulatory rules. This program is a practical option for those who are self-employed, own a small or cash-based business, are retired, or have a unique financial situation.
To be eligible for this program, borrowers must have a credit score of 660 or above, a down payment of 20% for purchase, and some funds in their bank account. Cash-out refinances are eligible for up to 70% of the home’s value, and no income documents are necessary for qualification.
Our no-income home loan program can help your clients achieve their homeownership goals.
No tax returns required! LTV up to 75% for cash out or 85% for home purchases with our DSCR Rental Investment Property Loan.
Discover the perfect mortgage solution tailored for real estate investors! Our Investor Solutions loan program requires no personal income verification, offering a hassle-free experience for purchasing or refinancing investment properties. Qualify based on the property’s projected rental income, eliminating the need for tax returns. Skip high rates, lengthy approval processes, and strict lending criteria. With our Investor Solutions loan program, your clients can qualify based on your property’s cash flow, not their income.
Income Documentation Options
No matter what your client’s income looks like, we have non-traditional loan options.
Profit & Loss Only
Designed as an income documentation alternative to bank statements allowing Self-Employed borrowers to utilize their Profit & Loss statement.
Bank Statement
Designed to offer an income documentation option for self-employed or 1099 borrowers utilizing Personal or Business Bank Statements.
Asset Utilization
Designed for high net worth borrowers who wish to qualify for a mortgage using assets rather than income, this option allows you to utilize your borrower’s personal and business assets, such as checking and savings accounts, stocks, and mutual funds, in order to qualify them for a home loan.
Rental Income
Debt Service Coverage Ratio (DSCR) rental income allows qualification based on projected rental income, potentially bypassing the need for tax returns.
No Income
The loan application does not require information about the borrower’s income or employment status. Instead, eligibility is determined based on factors such as the loan-to-value ratio, a minimum FICO score of 640, and the available funds in the bank account.