Primary Home Mortgage

Alejandro Szita, Broker

Alejandro Szita, Mortgage Broker & Co-Owner of Prosperity Lending

Do you have a complicated financial situation or have you been rejected by your bank or previous mortgage broker? No problem!

At Prosperity Lending, we specialize in mortgages and refinancing for business owners and self-employed professionals. This means that we routinely deal with borrowers who have complex financial situations and/or income patterns.

These “unusual” scenarios can be confusing to most mainstream lenders. More often than not, clients come to us after they have been rejected by someone else.

When we look into their situation during a free second opinion consultation, we usually find that they are perfectly qualified when using the right loan program intelligently structured for their unique situation. This is where we excel.

“We are self-employed so proving income is a different ballgame for us. Alejandro was willing to work with us, and because of that, we are now moved into a home we love!”

— Shannon, Marketing Entrepreneur

Mortgage features

We provide home mortgages for loan amounts between $250K and $22M. Each mortgage program is customized to the client’s needs.

Mortgage features we offer include:

  • Bank statement loans (no tax return needed)

  • Tax return loans (when feasible)

  • Certified Profit & Loss based loans (no tax returns needed, minimum documentation)

  • Asset-based loans (no tax returns needed, minimum documentation)

  • Interest-only loans

  • 40-year fixed-rate loans

  • Adjustable-rate mortgages for real estate investment purposes (only recommended in specific cases)

Case Studies

  • Case Study — Business Owner Successfully Buys Home After Initial Qualification Scare

  • Case Study — High-Income Employee Switches to Freelance Work

  • Case Study — Business Owner Improves Credit Score and Qualifies for Dream Home

Why getting a mortgage or refinance as a business owner can seem more difficult

Business owners and self-employed professionals tend to have unique income and expense patterns, and they may own “unusual” assets or have complex income streams. These are not easily understood by the computerized processes and algorithms favored by today’s mainstream lending industry.

Additionally, because business owners have many deductible expenses, their tax returns often do not reflect their full financial picture. This makes it more challenging to prove your income using tax returns, as is required by most “mainstream” lending programs.

Some lenders also consider self-employed professionals to be more “risky” borrowers, even though this is not necessarily the case.

We partner with specialized lenders who cater to self-employed borrowers. We have established relationships and know exactly which lenders and programs to use for different situations and different borrower types. We continually update our industry knowledge and connections, as lenders frequently update their mortgage programs to reflect the changing economic landscape.

Get a Free Brainstorming Consultation

We provide many mortgage options that are specifically geared to self-employed borrowers. If you are interested in getting a mortgage or refinance, give us a call so we can let you about your options. We will give you helpful advice and answer all your questions, even if you are not yet ready to move forward. 

Call us at 310-294-9417 for a free consultation, or self-schedule an appointment online.