Alternative Documentation Loans
For California Homes Only
Not everyone qualifies under today’s conventional lending guidelines, and Westpark Loans has built our business helping people who don’t fit “inside the box.”
Who Would Benefit from an Alternative Documentation Loan Program?
Small business owners, real estate investors, high net worth individuals, retired people, commissioned salespeople, foreign nationals, self-employed individuals, and savvy financial professionals can all greatly benefit from our Alternative Documentation Loan Programs.
How It Works
Most lenders you see or hear advertisements from on television or the radio offer essentially the same government-backed conventional loans. However, Westpark Loans specializes in offering the unconventional loans. Our loans are usually hedge fund or private lender backed, so the guidelines are much more flexible and use common-sense underwriting.
With any home loan, there are many parties that will be involved, including the loan originator, loan processor, underwriter, appraiser, funder, title agent, and escrow agent, just to name a few. Running your loan through that process with so many people involved can be a frustrating experience. That is where having a great loan officer in your corner can help. Our loan officers are highly seasoned and experienced with many circumstances outside of the conventional lending arena. They are trained from the ground up to provide unparalleled excellent customer service.
Westpark Loans has been providing specialized and creative financing since 2007. We offer many Alternative Documentation Loans. See the pages below for more details on our most popular programs:
- All In One Loan
- Asset Depletion Loans
- Bank Statement Loans
- Blanket Loans
- Cash-Out Refinance Loans
- Foreign National Loans
- Fix & Flip Loans
- Hard Money Loans
- Private Money Loans
- Stated Income Loans
Because there is no one-loan-fits-all, it is hard to describe all the available options. Our website details some of our most popular programs, but not everything we offer. To help you determine if an Alternative Documentation Loan Program is right for you, please contact one of our licensed Loan Specialists by calling us directly at 844-574-LOAN (5626), by submitting the form below or by completing an application directly on our website.
i. Loans are not available in all states; Westpark Loans only brokers loans in California.
ii. Rates are subject to change daily and throughout the day without notice.
iii. Neither this website nor its parent company is a lender.
iv. The rates and payments shown do not factor in all your information. Your specific situation may warrant a higher rate and payment based on credit history, income, and many other factors. Speak to one of our mortgage professionals to get personalized rate and monthly payment quotes.
v. Credit may exceed the fair market value of the dwelling. Interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes. The consumer should consult a tax adviser for further information regarding the deductibility of interest and charges.
vi. Stated Income products may have a higher interest rate, more points, or more fees than other products requiring documentation.