Thank you so very much for all of your help in securing a loan for our new home here in Dallas, TX. Sunray Mortgage was organized, thorough, and professional!
– Jeannie A.
Home equity loans are a second mortgage allowing you to use your home’s value as collateral to pull out cash in a lump sum. Home equity loans differ from traditional mortgages by taking out the loan after you have equity in your house, while traditional mortgages are used to purchase the home.
Self-employed and have a lot write-offs? For small business owners, freelancers, or 1099 employees, Sunray Mortgage offers a great home loan product: bank statement loans, aka self-employed mortgage. Don’t let your taxable income stop you from getting a home loan. You may qualify without having to supply tax returns or extensive documentation.