First National Financial LP®
self-employed

Self-employed & contract buyers

Help self-employed and contract workers achieve their real estate goals

Not everyone works in a traditional way.  At First National, we believe that every one of your clients should be able to achieve their real estate goals, regardless of how they choose to work. We have two solutions targeted toward self-employed and contract workers who may not be able to provide traditional income verification.

Conventional Stated Income: key features

  • Available for purchase only
  • Ideal for borrowers with a strong down payment and minimum three-year credit history
  • Primary owner occupied residential property in markets with high resale demand
  • Maximum two units with one unit owner occupied
  • Up to 65% financing with no insurance premium
  • Five-year terms for fixed and adjustable
  • Amortization of up to 25 years

Insured Stated Income: key features

  • Available for purchase only
  • Ideal for borrowers with a strong record of repayment and a minimum two-year credit history
  • Owner occupied single family residential dwelling with up to two units
  • Five-year term for fixed and adjustable
  • Maximum loan to value up to 90% for purchase
  • Amortization of up to 25 years
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Mortgage Solutions

The more options that you have, the more borrowers you can service. Get familiar with our portfolio of mortgage solutions tailored to the needs of today’s changing borrowers.