Stop renting and start building. FHA financing makes your first home possible with flexible credit and gift funds, then gives you a streamlined path to refinance later. Not FHA-eligible? We have options for ITIN borrowers and self-employed buyers too.
Illustration only. Streamline eligibility isn't guaranteed and requires a lower payment or other net tangible benefit.
We look at FHA first for its flexible credit and Streamline refinance path. If you use an ITIN or qualify with business income, we move down to the option built for you.
Flexible credit and down payment help, with a path to refinance later.
For buyers who file taxes with an ITIN instead of a Social Security number.
For business owners with 3 years of business licensing or local municipal permits.
Rates change daily. Call a Mares loan officer for today's rate and APR based on your credit, loan amount, down payment and property. ITIN and profit & loss loans are non-QM programs, not FHA loans, and typically carry higher rates than FHA. Not a commitment to lend; all loans are subject to credit approval and underwriting.
Waiting for rates to drop can mean another year of rent. With FHA, you can buy now and, after six on-time payments, look at an FHA Streamline Refinance: less paperwork, usually no new appraisal, and a lower payment if rates have come down.
Close on your FHA purchase loan and start building equity instead of paying rent.
About seven months. At least 210 days must pass after closing.
We keep an eye on the market and tell you when a Streamline makes sense.
Reduced documentation and a lower payment, if you qualify.
FHA Streamline Refinance is available for existing FHA loans only and requires a net tangible benefit, such as a lower payment. ITIN and profit & loss loans are not FHA loans and can't be streamlined, but you may be able to refinance into FHA or conventional financing later. Ask about any prepayment terms. Eligibility is not guaranteed.
These programs are designed for people whose income or paperwork doesn't fit a standard box.
Flexible FHA credit guidelines and gift funds from family toward your purchase.
Qualify with a profit & loss statement backed by your business licensing or permits.
W-2, 1099, asset depletion and rental income can all count.
ITIN and DACA borrowers may qualify. We'll find the right fit.
Every option on this page is reviewed with a licensed Mares loan officer. Reach out for today's rates and a plan for your first home.
Your dedicated Mares loan officer, with clear communication from application to funding.
Your dedicated Mares loan officer, with clear communication from application to funding.
Your dedicated Mares loan officer, with clear communication from application to funding.
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Your dedicated Mares loan officer, with clear communication from application to funding.
Your dedicated Mares loan officer, with clear communication from application to funding.
Your dedicated Mares loan officer, with clear communication from application to funding.
Your dedicated Mares loan officer, with clear communication from application to funding.
Your dedicated Mares loan officer, with clear communication from application to funding.
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