Burbank Mortgage Broker
Paid by the project, and every bank wants two years of steady pay? We compare your loan across more than 100 lenders and find the ones who count your income the way you earn it. Asking costs you nothing, and no one checks your credit on the first call.
- ✓ NMLS #1277693
- ✓ Licensed in California
- ✓ Direct broker access
How a Mortgage Broker Helps When Your Pay Comes in Projects
Your money arrives in bursts, and the forms at most banks assume it arrives every two weeks. A broker exists to close that gap. We look at how your income really comes in, then search more than 100 lenders for the ones whose rules treat that pattern as normal. You talk to us once instead of knocking on bank doors one at a time.
Why a good year can still get you declined
Most lenders average your last two years of taxable income. If one of those years had a long gap between jobs, the average drags your number down, even though your bank balance tells a better story. Some lenders count residuals and contract pay in a friendlier way, and some skip the tax returns and read your deposits instead. Same income, different answer. Tell us how you get paid and we will tell you which way to lean.
Three kinds of buyer, three lender lists
If you are shopping for a condo or townhome near the studios, you are often inside conventional or FHA limits. If you want a bungalow in the middle of town, you sit somewhere between. If you want a horse property in the northern foothills, you are almost certainly in jumbo territory and you need an appraiser who knows what a stable and an arena are worth. Figuring out which buyer you are is the first thing we do.
Two people can earn the same amount, one on salary and one by the project, and get completely different answers from the same bank. I read your deposits and your contracts first, then I pick the lender who counts them fairly.
If You Are Paid by the Project
You edit, produce, mix or consult, and your income lands as 1099 payments that swing from month to month. Your tax returns then show your deductions instead of your paychecks. A bank statement loan reads 12 to 24 months of deposits and qualifies you on what actually came in. Lenders differ on how they treat business expenses and mixed accounts, so the choice of lender moves your number. See our bank statement loan overview.
If You Have a Steady Job Plus Residuals
You have a regular employer, and some of your pay comes as residuals or bonuses that change every quarter. Many lenders want two years of that variable pay averaged, and a few will only count the lowest year. You may not need a special loan at all. You may just need the lender whose averaging works in your favor, and we can find that one before you apply.
Buying Your First Home
You are buying for the first time and you have not saved a huge down payment. An FHA loan is built for that, with a smaller down payment than most conventional loans ask for. HUD sets the mortgage insurance that comes with it. We compare FHA against a conventional loan on your actual numbers, because the cheaper one depends on your credit and how much you are putting down.
When You Want a Condo or Townhome
You found a condo you like, and the lender says the building does not qualify. That happens when too many units are rented out, the association keeps thin reserves, or the insurance is light. Lenders check the building as well as you. We ask about the building early, so you learn whether it works before you pay for an appraisal. If it does not, we look at loans that accept buildings the big agencies turn away.
Buying a Horse Property
You want land with a barn, an arena and room to ride, and the price puts you above the conforming limit set by the Federal Housing Finance Agency. That makes it a jumbo loan. A general appraiser tends to price the stable like a shed, and your loan amount shrinks with the value. We steer these purchases to lenders that use appraisers who know equestrian property. See our jumbo loan overview.
Buying a Rental
You want to buy a rental, and your own income is hard to explain on paper. A DSCR loan skips your personal income and asks one question: does the rent cover the payment. It works for a condo, a townhome or a single family house. How you document the rent decides which lender fits. See our DSCR loan overview.
Burbank Mortgage Loans at a Glance
Who This Fits
Contact Advanced Funding Solutions to discuss whether this program may be a fit for your scenario. Eligibility, loan amounts, and terms are set by the funding lender after a complete application and underwriting review.
Get a Quote →- You edit, write, mix or produce on contract and your deposits tell a better story than your tax returns
- You have a regular job with residuals or bonuses and want a lender that averages them fairly
- You are buying your first home and want to know whether FHA or a conventional loan costs you less
- You want a condo or townhome and need to know the building qualifies before you spend money
- You want a horse property and need a lender that can value a barn and an arena
- You are buying a rental and want it to qualify on the rent instead of on your income
Four Steps From First Call to Closing
Tell Us How Your Pay Arrives
You do not need paperwork yet. We ask what you want to buy, whether it is a condo, a house or a horse property, and how your money comes in: salary, contract checks, residuals or rent. Those answers narrow more than 100 lenders down to a short list. Nothing formal starts, and your credit stays untouched.
We Line Up the Lenders Who Fit
Next we compare your loan against lenders whose current rules match it. If your pay is irregular, that means lenders who read deposits or average residuals kindly. If you want a condo, we check the building. If you want a horse property, we find the lenders who use the right appraisers. You see the options before you commit to any of them.
Choose One and Send Your Documents
When you pick a lender, we collect your bank statements, pay records or lease and send everything in one clean package. Then the lender does the formal review. We keep track of every request so you are not chasing an inbox, and we explain each one in plain words. The formal credit check happens at this step and not before.
Close and Move In
The lender approves and funds your loan. We stay on it through the appraisal, the title work and the signing, and we tell you what each step means as it lands. Advanced Funding Solutions is a licensed California mortgage brokerage, so we never fund loans ourselves. That is why we can send you to whichever lender fits you best.
Mortgage Broker in Burbank: Common Questions Answered
How do lenders count residuals and 1099 pay?
I had a gap between projects last year. Am I out?
Will a lender treat my horse property differently?
Can I use FHA to buy a condo?
Does a DSCR loan work for a rental condo?
When do I need a jumbo loan?
What should I have ready when I call?
About Mortgage Broker in Burbank, CA
Buyers here fall into a few very different groups. Condos and townhomes cluster around the studios and near the airport, bungalows fill the streets in the middle, and the northern foothills hold large lots zoned for horses. A single loan officer at a single bank rarely fits all three, which is one reason people come to a broker.
The film and television business shapes who buys. Many people here work by the project, so a great year and a slow year can sit side by side on the same tax return. If that sounds like you, ask about a bank statement loan before you go to a bank that wants a tidy two year history.
Horse property is the last piece worth knowing about. The value of a stable and an arena is easy to miss, and the wrong appraiser will miss it. Choosing the lender first, then the appraiser, avoids most of that trouble. For the wider picture, see our Los Angeles mortgage broker page.
Mortgage Broker programs in California → · Los Angeles County Mortgage Broker Overview → · Advanced Funding Solutions, NMLS #1277693 →
Other Loan Programs in Burbank
Burbank borrowers working with Advanced Funding Solutions have access to the full non-QM suite, not just mortgage broker. Whether you need jumbo loans in Burbank , hard money loans in Burbank, AFS routes your scenario across 100+ wholesale lenders to the one best positioned to fund it.
Mortgage Broker in Other California Cities
Tell us how you get paid
Tell us what you want to buy and how your income arrives, and we will point you to the lenders most likely to say yes before you apply anywhere. No application, no obligation. Call (818) 478-2555 or send the form. Advanced Funding Solutions, NMLS #1277693, is a licensed mortgage brokerage in California. All loans are subject to credit, income, asset, property, and underwriting approval.
Ready for a Burbank Mortgage Broker quote?
Advanced Funding Solutions, NMLS #1277693. Licensed in California. No call center. No junior LO handoff.