Alternative Income Verification
Alternative Income Calculator
Qualify for financing with flexible income verification when traditional lending doesn't fit your situation.
Alternative Income Analysis
Property Information
20.0% down payment
Annual Income Sources
Current Debts
Credit Profile
Financing Summary
Loan Amount
$680,000
80.0% LTV
Interest Rate
9.25%
Private lending rate
Monthly Payment
$5,823
25-year amortization
Term
2 Years
Typical private term
Income Analysis
Total Gross Income:$215,000
Adjusted Rental Income (75%):$27,000
Adjusted Self-Employed (85%):$68,000
Qualifying Income:$194,000
Qualification Ratios
GDS Ratio
36.0%
Max: 50% (private)
TDS Ratio
61.8%
Max: 60% (private)
Risk Profile
Medium Risk Profile
Rate: 9.25% | LTV: 80.0% | Credit: 650
May Require Adjustment
Consider increasing down payment or improving debt-to-income ratios
Private Lending Advantages
- Flexible income verification (stated income accepted)
- Self-employed and commission income considered
- Faster approval process (7-14 days)
- Higher debt-to-income ratios accepted
- Credit challenges considered case-by-case