Loan Programs

Bank Statement Loans are an alternative lending product for self-employed individuals and business owners who lack traditional tax returns or W-2 documentation. These loans are generally based on 12-24 months of personal or business bank statements to verify the applicant's ability to repay. This approach helps borrowers with variable income, cash-based businesses, or irregular employment qualify for financing. Bank statement loans typically carry higher interest rates than conventional loans, reflecting the increased risk to lenders. These loans are commonly used by freelancers, contractors, real estate investors, and small business owners.

Construction loans provide short-term financing for building new homes or major renovations, typically lasting 6-12 months during the construction phase. These loans usually require interest-only payments during construction, with funds disbursed in stages as building milestones are completed. Upon construction completion, borrowers typically convert to permanent mortgage financing through a construction-to-permanent loan or secure separate long-term financing. Construction loans require detailed building plans, qualified contractors, and substantial down payments due to their specialized nature.

Designed specifically for real estate investors, DSCR loans allow borrowers to qualify based primarily on the income-generating potential of the property rather than personal income or tax returns.

Instead of focusing on employment history, W-2s, or traditional income calculations, lenders evaluate whether the property's projected rental income is sufficient to cover its mortgage payment and related debt obligations. This streamlined approach can make it easier for investors to acquire, refinance, and expand their rental property portfolios.

DSCR loans are an excellent financing solution for investors seeking to leverage rental income, preserve personal borrowing capacity, and grow their real estate holdings with greater flexibility.

At TPRG Capital, we help investors identify financing strategies that support long-term portfolio growth and wealth-building objectives.

Build wealth, not just obtain financing.

Foreign national loans provide mortgage financing for non-U.S. citizens and non-permanent residents seeking to purchase property in the United States. These specialized programs accommodate borrowers without U.S. credit history or Social Security numbers, often requiring larger down payments and cash reserves. Lenders may accept foreign credit reports, international income documentation, and alternative verification methods. Foreign national loans enable international buyers to invest in U.S. real estate markets while meeting specific documentation and financial requirements.

Jumbo loans are mortgages that exceed the conforming loan limits established by the Federal Housing Finance Agency, making them too large to be purchased by government-sponsored enterprises. These loans typically require larger down payments, higher credit scores, and more substantial cash reserves than conventional mortgages. Interest rates may be slightly higher due to increased lender risk and reduced liquidity in the secondary market. Jumbo loans are a great option for purchasing high-value properties in expensive real estate markets.

Non-Qualified Mortgage (Non-QM) loans are alternative financing products that don't meet the Consumer Financial Protection Bureau's Qualified Mortgage standards, offering flexibility for borrowers with unique financial situations. These loans may feature interest-only payments, alternative income documentation, or higher debt-to-income ratios than traditional mortgages. Non-QM products serve borrowers who don't fit conventional lending criteria, such as self-employed individuals, real estate investors, or those with irregular income patterns. While offering greater flexibility, these loans typically carry higher interest rates and fees to reflect increased risk.

Reverse mortgages allow homeowners aged 62 and older to convert home equity into cash while continuing to live in their homes. The most common type, Home Equity Conversion Mortgages (HECM), are insured by the Federal Housing Administration and provide flexible payout options including lump sums, monthly payments, or credit lines. No monthly mortgage payments are required, with the loan becoming due when the borrower moves, sells, or passes away. Reverse mortgages require counseling sessions and have specific eligibility requirements to protect senior borrowers.

Commercial loans finance income-producing properties such as office buildings, retail spaces, warehouses, and multi-family apartment complexes. These loans are evaluated based on the property's cash flow potential, debt service coverage ratio, and borrower's commercial real estate experience. Commercial mortgages typically feature shorter terms, higher down payment requirements, and variable interest rates compared to residential loans. The underwriting process emphasizes property income generation and market analysis rather than personal income verification.