If you are looking to buy a home in Los Angeles and you do not qualify for a prime loan, you may qualify for a non-prime loan, also known as a subprime loan. Non-prime loans are available to borrowers with lower FICO scores as well as those who may not meet the income-to-debt ratio requirements for prime loans.
Here at Pacshores Mortgage, we help clients throughout L.A. to apply for the following types of non-prime loans:
When you apply for a traditional mortgage, you need to provide proof of your income in the exact amount before you can be approved. While this is often straightforward, there are situations where providing this proof may act as a barrier to getting a loan and where a stated income loan can help.
Need Los Angeles Subprime Lending? Pacshores Mortgage Can Help
Even if you are not eligible for a Los Angeles prime loan, you may qualify for a non-prime loan in L.A. county. Contact Pacshores Mortgage today at
We can consult with you about your financial situation and goals, and help you to find a non-prime loan with a competitive interest rate and friendly terms.