DSCR · Bank statement · Investor lending
The property qualifies.
Not your paystub.
Non-QM lending for real estate investors and the self-employed — DSCR loans that read the rent instead of your tax returns, from the Lending Lakes team at Fairway Home Mortgage.
No forms. No trackers. Just answers — and a calculator that doesn’t ask for your email.
Ashland · Lending Lakes0
Loans Ashland closed in 2025
$0M
2025 personal volume
0+
Families helped by our branch in 2024
0
Loan officers on the team
2025 production figures provided by the Lending Lakes team; branch figures from Ashland's 2025 HousingWire Rising Star profile. Read verified client reviews on Experience.com →
Why non-QM exists
Great borrowers, allergic to boxes.
Conventional lending asks one question: what do your tax returns say? For investors, business owners, retirees, and international buyers, that’s the wrong question. Non-QM asks better ones.
The property can qualify
DSCR loans size approval on rent vs. payment — depreciation, write-offs, and your personal DTI never enter the room.
Your cash flow can qualify
Bank statements, 1099s, or a CPA-prepared P&L stand in for the tax returns your write-offs hollowed out.
Your assets can qualify
Asset qualifier programs turn portfolios into qualifying income — retirement without a W-2 is not a disqualification.
The investor’s first-step path
From "found a deal" to keys, the DSCR way
Run the ratio
Rent ÷ PITIA. Two minutes on our DSCR calculator tells you if the deal is in the zone.
Text the team
Send the address and the rent. We’ll pressure-test the numbers and map the program the same day.
Light documentation
Entity docs, insurance quote, appraisal with a rent schedule. Our checklists make it a 20-minute job.
Close & collect
Close personally or in your LLC. First rent check hits before you’ve finished bragging about the ratio.
The full non-QM shelf
Nine ways to yes
DSCR LoansFlagship
The rental’s income does the qualifying — no tax returns, no W-2s, no personal DTI math.
Learn more →Bank Statement Loans
Your deposits tell the income story — 12 or 24 months of statements instead of tax returns.
Learn more →1099-Only Loans
Qualify straight off your 1099s — no tax returns, no expense archaeology.
Learn more →P&L-Only Loans
A CPA-prepared profit & loss statement stands in for the entire income file.
Learn more →Asset Qualifier Loans
Substantial assets, modest paper income — your balance sheet becomes your income.
Learn more →ITIN Loans
No Social Security number required — qualify with an ITIN and a real credit story.
Learn more →Foreign National Loans
No U.S. credit, no U.S. income, no problem — financing for non-resident buyers.
Learn more →Interest-Only & 40-Year
Engineer the payment: interest-only periods and extended terms for maximum cash flow.
Learn more →Bridge & Fix-and-Flip
Short-term capital for acquisitions, rehabs, and the gap between buy and refi.
Learn more →No idea which one?
Totally normal. Text us the situation in one sentence and we’ll name the program in the reply.
💬 Text 612-505-7663
Meet the team
Led by Ashland. Backed by a bench.
Ashland Alitz leads the Lending Lakes team from Fairway’s Eden Prairie branch — 136 loans and $48M closed personally in 2025, a 16-LO team behind her, and HousingWire Rising Star and Scotsman Guide Top Originator honors on the shelf. Investor files aren’t a side quest here; they’re the specialty.
Around her: Olivia, Ella, Ashlyn, and Melissa — the crew that keeps files moving, questions answered, and closings boring (the highest compliment in this business).
No dumb questions
The jargon, translated
PITIA. LLPA. Prepay step-downs. Rent schedules. Investor lending has its own dialect — ourglossary gives every term the friend treatment, and theFAQ answers what people actually text us.
Open the glossary →Got a deal on the table? Run it past the team.
No pressure, no jargon, no obligation — a straight answer on whether the numbers work, from a team that lives in investor lending. Text, call, or apply whenever you’re ready.