Enjoy significantly lower monthly payments for the first 10 years with a 40-Year Interest-Only mortgage. At Convoy Home Loans, we help savvy homeowners and investors in San Diego, El Segundo, and across California access this powerful financing option designed for maximum cash-flow flexibility and long-term wealth building.
Creative financing options (also known as Non-QM or alternative documentation loans) are mortgage programs designed for borrowers who don't fit neatly into conventional, FHA, or VA guidelines. These loans use alternative ways to verify income, assets, and credit instead of relying solely on W-2s and tax returns.
Our creative financing programs include:
Bank Statement Loans - Perfect for self-employed borrowers who want to keep all their business write-offs.
1099-Only Loans - For independent contractors and gig workers paid primarily via 1099s.
Profit & Loss (P&L) + Bank Statements - Quick qualification using recent P&L statements and just 2 months of bank statements.
Asset Utilization / Asset-Based Loans - Use liquid assets (stocks, bonds, retirement accounts, even Bitcoin) as the basis for qualification.
Cross-Collateralization & Pledging - Leverage additional liquid or non-liquid assets to strengthen your loan application.
These flexible programs open doors for borrowers who have strong finances but unconventional income documentation.
No need to add back business expenses that reduce your taxable income.
12-month or 24-month bank statement options available.
Use investment portfolios, crypto, or other holdings instead of traditional income.
Ideal for contractors, consultants, and business owners.
Often available on jumbo and super jumbo loan sizes.
Full range of transaction types supported.
LLCs, corporations, and trusts are commonly accepted.
Typically 0.25%-1.0% higher than traditional loans due to increased lender risk.
Often 10-25%+ depending on the program and credit profile.
Some programs have 30-year maximum terms.
Although still far more flexible than conventional loans.
Requires specialized Non-QM lenders.
These programs are ideal for:
✓ Self-employed professionals and small business owners
✓ Real estate investors and 1099 contractors
✓ Gig economy workers and high-earning freelancers
✓ Borrowers with significant assets but lower reported W-2 income
✓ Individuals with complex tax situations
✓ High-net-worth clients using Bitcoin or investment portfolios for qualification
✓ Anyone declined by traditional banks due to documentation challenges
We evaluate your full financial picture - bank statements, P&L, assets, 1099s, etc.
We match you with the best creative financing solution (Bank Statement, Asset-Based, etc.).
Submit the required alternative records (12/24 months bank statements, P&L, asset statements, etc.).
Specialized lenders review your file with flexible guidelines.
Get approved and close on your purchase or refinance with confidence.
We guide you through every step and shop multiple Non-QM lenders to secure the best terms.
Program Type | income documentation | Best for | rate comparison | down payment |
|---|---|---|---|---|
Creative / Non-QM | Bank Statements, 1099, Assets | Self-employed & investors | Slightly Higher | 10-25%+ |
Conventional | W-2 + Tax Returns | Salaried borrowers | Lowest | 3-20% |
Bank Statement Loan | 12 or 24 months deposits | Business owners | Moderate | 10-20% |
Asset Utilization | Investment & crypto holdings | High-asset / lower income | Moderate | Varies |
As a nationally licensed mortgage broker (NMLS #2130517) with offices in San Diego and El Segundo, we have strong relationships with top Non-QM and alternative lenders. Our mission is to provide financing options that enhance your standard of living while treating you like family.
We specialize in turning "no" from traditional lenders into "yes" with creative solutions.
Ready to explore creative financing options that actually work for you? Get pre-approved today - no obligation.
A program that uses 12 or 24 months of personal and/or business bank statements to verify income instead of tax returns.
Yes - we have dedicated 1099-only programs designed for independent contractors.
Yes - we can use Bitcoin and other digital assets for qualification under our asset utilization programs.
We use your liquid assets (stocks, bonds, bank accounts, retirement funds, crypto, etc.) to help qualify you for the loan.
Yes - both liquid and non-liquid assets can be pledged to strengthen your application.
Absolutely - many of our programs work excellently for primary residences, second homes, and investment properties.
Yes - we are licensed in many states and can assist borrowers nationwide where permitted.
Real Estate Investor Lending · NMLS #2130517 · Licensed Mortgage Broker
AZ · CA · CO · FL · GA · ID · MD · MI · MN · NC · NM · OH · OR · PA · TN · TX · VA · WA and more
This is not a commitment to lend. All loans subject to credit approval. Equal Housing Lender.