Mortgage Refinancing

If you have a mortgage that has a high interest rate, it may benefit you to do a refinance. Refinancing means that you get a new mortgage with a different lender that replaces your existing mortgage. Refinancing can also be done to take cash out of your home or change the terms of your mortgage, for example in the case of divorce, inheritance, or buying out partners in a real estate project. We can help you get the refinancing you need, even if you are self-employed.

Basic refinancing information for business owners & self-employed professionals

Different mortgage programs have different qualification requirements. As a general guideline, in order to qualify for a refinance as a self-employed borrower, you will need:

  • a home equity of at least 20%

  • a credit score of 660 or more

  • a debt-to-income ratio of 43% or less (this is the ratio between your monthly income and your monthly debt servicing payments)

  • at least four months worth of your full mortgage payment as a reserve in your bank account

We routinely work with clients for a period of months to even years to help them qualify. For example, we help our clients improve their credit score as a free service provided as part of the loan application process.

If you would like to get information for your particular loan scenario, call us today at 310-294-9417, and we will let you know what your options are.

“We found Alejandro to be very knowledgeable of all the different programs available. I recommend him to anyone who needs an honest, dependable mortgage broker.”

— Nolan, Professional Trumpet Player

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Our mortgage features

Depending on your needs, we can provide mortgages with:

  • No W2s needed

  • No tax returns needed

  • Loan amount up to $7M—may be higher on a case by case basis

  • Bank statements only loans

  • Asset-based loans

  • Interest-only loans to improve your cash flow

  • No prepayment penalty

  • Loan programs catering to investment properties for foreign nationals

  • Flexible loan modules; our loan programs often consist of different modules, each of which can be uniquely tailored to your goals

Case Studies

  • Case Study — High-Net-Worth Entrepreneur Successfully Refinances after Bank Rejection

  • Case Study — Artist Refinances Commercial Loan into Residential Loan on Live-Work Studio

  • Case Study — Entrepreneur Refinances Two Properties with a Single Profit & Loss Statement

See Case Studies

Knowledge & experience

Alejandro Szita has been solving out-of-the-box real estate problems since 2006. He enjoys challenges and uses a network of 15 different speciality lenders to get his clients the loans they need.

Thanks to his knowledge and experience, he is quickly able to ascertain the benefits and disadvantages of doing a refinance in specific situations, and he will give helpful advice on how different options could play out for you in the short and long term.

Get a Free Brainstorming Consultation

A refinance comes with costs, so it is only worth doing if you can use it to substantially improve your financial situation. When you call us for a free consultation, Alejandro will answer all your questions and show you the numbers, so you can decide if a refinance would make sense for you.

Call us now at 310-294-9417 or click here to request an appointment online.