Mortgage Broker · Glendale, CA

Glendale Mortgage Broker

Own a business with family, and your tax return makes it look like you barely earn anything? We compare your loan across more than 100 lenders and find the ones who read family business income properly. Ask us first, it costs nothing.

5.0 · 22 Google reviews NMLS #1277693 25 years mortgage & real estate experience Licensed in California
  • ✓ NMLS #1277693
  • ✓ Licensed in California
  • ✓ Direct broker access

How a Mortgage Broker Helps Family Business Owners Buy

You built a business with your family, the whole household pays into the same accounts, and the mortgage application only has room for one person's paycheck. That mismatch is why good borrowers get turned away. A broker matches your real situation to a lender who has seen it before. We compare more than 100 lenders, so you do not have to explain yourself to one bank at a time.

Where a standard application goes wrong

A lender's software wants a borrower with a W-2 and two clean tax returns. Your income might run through a company you share with a brother or a parent. It might show up on a K-1, which is the form that splits a business's profit among its owners. Some lenders can read that form well. Others cannot, and they decline you for it. Choosing the lender who reads it correctly is most of the battle. Send us the basics and we will tell you who that is.

Hillside or flat, the loan changes

If you are buying in the hills, your loan probably lands above the conforming limit and becomes a jumbo loan. If you are buying on the flat streets below, you often stay inside conventional territory. The two paths lead to different lenders, and we sort out yours before anything else happens.

Leo Teplitsky, Mortgage Broker | Founder, Advanced Funding Solutions
Family businesses are the backbone of a lot of neighborhoods, and their tax returns are the hardest ones for a bank to read. I look at the entity, the owners and the deposits, and I find the lender who understands how the money actually moves.
— Leo Teplitsky Mortgage Broker | Founder · NMLS #1277693

When You Own a Business With Family

You and a relative own a shop, a wholesale company or a contracting business together, and the profit reaches you through a K-1. Your personal return looks small after depreciation and write-offs. A bank statement loan skips the return and reads 12 to 24 months of deposits into the business or personal account. It shows a lender the cash your business really produces. See our bank statement loan overview.

If Relatives Live With You and Help Pay

Your parents or adult children live in the home and put money toward the payment. Some lenders refuse to count anyone who is not on the loan, and others count it in specific ways. That difference can decide whether you qualify. We ask who lives in the house and who contributes before we choose a lender, and we point you to one that treats shared households normally.

If Your Credit History Is Short

You are new to credit in this country, or you have always paid in cash and your score does not show it. Lenders that need a long credit history will pass on you. A few will accept rent, utilities and insurance payments as proof of how you handle bills. We start there, because pulling a thin credit report at the wrong lender leaves you no better off.

Buying Below the Hills

You want a good home on the flat side of town, and you have a steady job. Your loan is the straightforward kind, and the question is who offers it to you at the best price. Same borrower, same house, different lender, different closing costs. We put your loan in front of several and show you the results side by side. Ask for a quick quote.

Buying in the Hills

You want an estate or a custom house up in the canyons, and it costs more than the conforming limit set by the Federal Housing Finance Agency. That makes it a jumbo loan, and jumbo lenders disagree with each other more than most. They ask for a bigger down payment and more months of reserves. Hillside lots can also bring extra steps in the appraisal. We choose the lender before you order anything. See our jumbo loan overview.

Buying a Rental Together

You and a relative want to buy a rental, and you want it to stand on its own. A DSCR loan qualifies the property on its rent instead of on either of your incomes. It can also be held in a company name, which some lenders allow and others do not. We line up the ones that do, and we explain the tradeoffs before you sign. See our DSCR loan overview.

Glendale Mortgage Loans at a Glance

Loan types
Bank statement, jumbo, conventional, DSCR
Lenders we compare
More than 100 wholesale lenders
Business owners
Bank statements, K-1 income and shared entities reviewed together
Shared households
Lender chosen for how it counts relatives' income
Short credit history
Lenders that accept rent and utility payments
Office
Calabasas Road, Calabasas
Experience
25 years of mortgage experience
Licensed states
California
NMLS
#1277693
Who Qualifies

Who We Help

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 own a business with family and your personal tax return does not show what the business makes
  • Your income arrives on a K-1 and you want a lender who reads it correctly
  • Relatives live with you and share the payment, and you need that income counted properly
  • Your credit history is short and you want lenders who accept rent and utility payments
  • You are buying in the hills and need a jumbo lender who is comfortable with the lot
  • You want to buy a rental that qualifies on its rent
The Process

How Getting Your Loan Works

1

Tell Us About the Business and the Household

You do not need papers yet. We ask what you want to buy, how you are paid, who else lives in the home and who else owns the business. Those answers tell us which kind of lender to look for. Nothing formal starts and nobody pulls your credit. A ten minute talk here saves weeks later.

2

We Match the Lender to Your Setup

We compare your situation against the lenders whose current rules fit it. If the business is shared, we look for lenders who read K-1 income well. If relatives help with the payment, we look for lenders who count it. If your credit is new, we look for lenders who accept rent history. You see the options and pick one.

3

Gather Your Statements and Send Them In

After you choose, we tell you exactly which documents to bring, usually bank statements, a business license and an ID. We check them for gaps before they go in, so the lender does not send back a list of questions. The lender then reviews everything and orders the property work. Your credit is pulled at this step and not earlier.

4

Sign and Get the Keys

After you pick a lender, we stay on the loan through appraisal, title and signing, and we call you when something changes. Advanced Funding Solutions is a licensed California mortgage brokerage, so we do not fund loans ourselves. That is what lets us pick from more than 100 lenders on your behalf.

FAQ

Mortgage Broker in Glendale: Common Questions Answered

My business is shared with a relative. Can I still qualify?
Yes. Shared ownership just means the lender has to read the company's records, and some lenders do that well. We look at your bank statements and your K-1 first, then pick a lender that handles shared businesses without fuss. Your share of the deposits or profit is what counts, so a clear split between owners helps.
What is a K-1 and why does it matter?
A K-1 is the tax form that shows your share of a partnership or S corporation's profit. Lenders read it differently. Some count all of it, some count only what you actually took out, and some ask for extra records. Picking the lender whose method fits your business can change your qualifying income a lot.
Can my parents' income help me qualify?
Sometimes. If they are on the loan, their income counts in the usual way. If they only live in the house and chip in, some lenders count that contribution and others ignore it. We ask early who is in the household so we can steer you to a lender that fits.
I have little credit history. Is that a dead end?
Not always. Some lenders will build a picture from rent, utilities and insurance payments instead of relying only on a score. It takes a bit of extra paperwork, and we help you gather it. The goal is to avoid applying at a lender that would have said no on day one.
Do hillside homes cost more to finance?
Not the loan itself, but the process can take more steps. The appraisal may take longer, and insurance on a hillside lot can cost more, which raises your monthly payment. Those two things change how much you qualify for, so we plan around them while choosing the lender.
Can I hold a rental in a company name?
With a DSCR loan, often yes. Many DSCR lenders allow an LLC to own the property, which some investors prefer for liability reasons. Not every lender does, so we ask before we send anything. A tax adviser can tell you whether it makes sense for you.
Where do I begin?
Call (818) 478-2555 or send the form and we will call you. Bring three answers: what you want to buy, who owns the business, and how the household shares expenses. That is enough for a first talk. We have 25 years of mortgage experience, and our office is in Calabasas.
Los Angeles County · Glendale, CA

About Mortgage Broker in Glendale, CA

The hills in the north and east hold estates and custom homes, while the streets on the flat side of town are dense with older Spanish and Craftsman houses. Prices split with the terrain. Many buyers in the hills need a jumbo loan, and many on the flat side stay conventional.

What sets this market apart is who buys. A large share are business owners, often running wholesale, retail or construction companies with relatives, and a lot of households pool income across generations. Standard lender software was not built for that, so a human who can read the paperwork matters.

If you are comparing options across the county, our Los Angeles mortgage broker page covers every loan type, or you can tell us about your purchase directly.

More in Glendale

Other Loan Programs in Glendale

Glendale borrowers working with Advanced Funding Solutions have access to the full non-QM suite, not just mortgage broker. Whether you need jumbo loans in Glendale , hard money loans in Glendale, AFS routes your scenario across 100+ wholesale lenders to the one best positioned to fund it.

Start with a ten minute call

Tell us what you want to buy, who owns the business and how your household shares the payment, and we will tell you which lenders are 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 Glendale Mortgage Broker quote?

Advanced Funding Solutions, NMLS #1277693. Licensed in California. No call center. No junior LO handoff.