Family Mortgage, powered by City Lending Inc., is redefining the mortgage industry by providing alternative financing solutions for homebuyers who don’t fit into the traditional lending framework. With a strong focus on self-employed individuals, small business owners, and borrowers with limited U.S. residency status, Family Mortgage is bridging the gap for those who have historically faced obstacles in homeownership.
Led by Branch Managers Dominic Alvarez and Ricardo Hernandez, the team specializes in creative mortgage solutions designed to meet the needs of clients who are often overlooked by conventional lenders. By focusing on flexibility and innovation, Family Mortgage aims to provide lending options that accommodate the financial realities of modern borrowers who may not meet the strict criteria of traditional banks and lending institutions.
Alternative Loan Programs for Self-Employed and Business Owners
Traditional mortgage lenders often require extensive tax documentation and W-2 forms, making it difficult for self-employed individuals and small business owners to qualify for loans. Family Mortgage eliminates this hurdle by utilizing alternative financing programs such as bank statement loans and Debt Service Coverage Ratio (DSCR) loans, which assess a borrower’s ability to pay based on cash flow rather than tax returns. These loan programs provide more realistic approval opportunities for entrepreneurs, freelancers, and gig workers whose incomes do not always fit the mold of standard mortgage applications.
“Our goal is to help clients find a loan that fits their financial situation, rather than forcing them into a one-size-fits-all solution,” said Dominic Alvarez. “Many hardworking individuals have the ability to afford homeownership but struggle to meet the rigid qualifications of traditional lenders. We’re here to offer them a path forward.”
A recent example highlights the company’s impact: A restaurant owner with two locations had been denied a mortgage by six different banks due to irregular income documentation. Family Mortgage stepped in with a bank statement loan, allowing the business owner to qualify and purchase a home without needing traditional tax return verification. This success story is just one of many instances where Family Mortgage has helped self-employed individuals achieve their goal of homeownership.
In addition to bank statement loans, Family Mortgage provides DSCR loans for real estate investors who may not have traditional income documentation but can demonstrate sufficient rental income to cover mortgage payments. These loans are ideal for individuals looking to build wealth through property investment, even if their tax returns do not reflect their true earning potential.
Bilingual Support and Inclusive Lending Practices
Family Mortgage prides itself on offering bilingual services in both English and Spanish, ensuring that language barriers do not prevent families from achieving their dreams of homeownership. The team is dedicated to making the mortgage process seamless and understandable for clients who may feel overwhelmed by complex loan requirements.
“No client should feel excluded due to language or financial complexities,” said Ricardo Hernandez. “We’re committed to making sure every borrower understands their options and feels supported throughout the process.”
Beyond language accessibility, Family Mortgage is focused on helping immigrant and non-traditional borrowers who may not have Social Security numbers or conventional credit histories. The company offers Individual Taxpayer Identification Number (ITIN) loans for non-U.S. citizens who pay taxes but do not qualify for standard mortgages. These programs provide opportunities for many hardworking individuals and families who have been unable to secure a mortgage through traditional means.
By expanding access to home loans, Family Mortgage is helping families build generational wealth and establish long-term financial stability. The company understands that homeownership is one of the most significant investments a person can make, and they are dedicated to making that dream a reality for as many individuals as possible.
Making Homeownership a Reality
By focusing on financial inclusivity and tailored mortgage solutions, Family Mortgage is making homeownership a reality for more people. Whether it’s a self-employed entrepreneur, a business owner with fluctuating income, or an immigrant with limited residency, the company is proving that innovative lending solutions can transform lives.
“Our belief is simple: Homeownership should be accessible to everyone,” said Hernandez. “And we’re here to make sure it happens.”
Family Mortgage’s approach is rooted in a deep understanding of the challenges facing modern borrowers. With rising housing prices and increasingly strict lending requirements, many individuals struggle to qualify for traditional mortgages despite having the financial means to afford homeownership. By offering flexible solutions that take into account real-world earning patterns and financial situations, Family Mortgage is helping to close the gap and create new opportunities for homebuyers.
The company continues to expand its services and reach, working with clients from diverse backgrounds and financial situations. With a dedicated team that values customer service, transparency, and innovation, Family Mortgage is committed to breaking down barriers in the mortgage industry and making homeownership more attainable for all.
For individuals who have faced challenges securing a mortgage due to self-employment, credit history, or residency status, Family Mortgage provides a lifeline. Through alternative financing options and personalized support, the company is making homeownership more inclusive and accessible, ensuring that more people can achieve financial stability through property ownership.
For more information, contact:
Dominic Alvarez – Email: Dominic@thefamilymortgage.com
Ricardo Hernandez – Email: Ricardo@thefamilymortgage.com
Website: Top-Rated Lending Services in Oregon | FAMILY MORTGAGE INC.