Alt Doc Loans
Nationwide Customized Lending Solutions for Real Estate Investors
Nationwide Alternative Documentation Loan
An Alt Doc Loan, also known as an alternative documentation loan, is a flexible mortgage solution that allows borrowers to qualify using non-traditional income documentation instead of full tax returns. At RGC Capital, we specialize in Alt Doc mortgage programs, low doc home loans, and alternative income verification loans designed specifically for self-employed borrowers, entrepreneurs, real estate investors, and others with complex financial profiles. These programs can utilize a variety of income sources, including business bank statement mortgages, personal bank statement loans, rental income qualification, P&L-only mortgage options, and even simplified W-2-only mortgage approval for borrowers who do not fit conventional lending criteria.
Our mission is to make non-QM mortgage lending more accessible by offering flexible underwriting, common-sense guidelines, and a streamlined approval process that focuses on real cash flow and actual financial performance, not rigid tax return requirements. Whether you’re purchasing, refinancing, or pursuing a cash-out Alt Doc mortgage, RGC Capital provides competitive rates, fast closings, and customized loan structures that help you secure the financing you need with ease and confidence.
12 Month and 24 Month Bank Statement Loan
Loan Program Highlights
Diverse income sources through alternative documentation
Streamlined non-QM mortgage approval process
Great for borrowers who miss bank eligibility
Low doc mortgage loans with no global underwriting
Flexible mortgage terms with structured prepay options
Investment property mortgage options available
Types of Properties Eligible for Alt Doc Loans
Multi-Family Apartments (5+ Units)
1 -4 Residential properties
Mixed-Use & Mobile Home Parks
Commercial Property
Benefits of the Loan Program
Our Alternative Documentation Loan Program offers a range of benefits designed to meet the needs of self-employed borrowers, investors, and business entities. Enjoy a quicker loan process with low doc mortgage loans that reduce paperwork and speed up approvals. We provide a variety of loan options, including non-QM mortgage solutions, tailored to different financial profiles. Borrowers benefit from low prepay options and high loan-to-value ratios, making it easier to access capital. Additionally, we accommodate Corp, LLC, and Partnership mortgage structures, offering flexibility for business owners and real estate investors seeking investment property mortgage solutions.
Target Clientele for this Loan Program
Our 12 to 24 month bank statement loans are ideal for self-employed borrowers, high net worth individuals, and those with non-traditional income documentation who may not qualify through conventional underwriting. Instead of relying on income tax returns, our bank statement mortgage program allows borrowers to use 12 or 24 months of personal or business bank statements to verify income. We focus on actual bank deposits and cash flow rather than tax filings, making this a flexible solution for those seeking alternative documentation mortgage loans.
Documents Required for Loan Program Application
1. Sign RGC Capital loan proposal (LOI)
2. Bank statements 12 or 24 months of (all pages) personal and business
3. Driver’s license, social security card or other legal identification
4. Loan application (business purpose applications click here /
For residential applications click here )
5. Insurance quote on all properties owned
6. Current mortgage statement on all properties owned
7. If rental – lease(s)
8. If cash out, letter of explanation
9. Complete entity docs if corporation or LLC
Submit Your Loan Scenario
Frequently Asked Questions (FAQs)
What is an Alt Doc (Alternative Documentation) loan?
An Alt Doc loan is a non-QM mortgage that allows borrowers to qualify using alternative income documentation instead of full tax returns. Approval is based on real cash flow, bank deposits, rental income, or simplified documentation rather than traditional W-2s and tax filings.
Who are Alt Doc loans best for?
Alt Doc loans are ideal for self-employed borrowers, business owners, real estate investors, entrepreneurs, and high-net-worth individuals with complex or non-traditional income.
How do Alt Doc loans verify income?
Income can be verified using 12 or 24 months of personal or business bank statements, rental income, profit-and-loss statements, or other alternative documentation, depending on the borrower’s profile and loan structure.
Are tax returns required for Alt Doc loans?
No. Alt Doc loans are designed specifically for borrowers who do not want to use tax returns. Qualification focuses on deposits and cash flow instead of reported taxable income.
What is the difference between Alt Doc loans and stated income loans?
Alt Doc loans use alternative documentation such as bank statements or P&Ls to support income, while stated income loans rely primarily on property value with little to no income verification. Alt Doc loans provide more documentation flexibility while still offering long-term financing.
Are Alt Doc loans available for investment properties?
Yes. Alt Doc loans are available for investment properties, including residential, multifamily, mixed-use, and commercial real estate.
What types of properties qualify for Alt Doc loans?
Eligible properties include 1–4 unit residential properties, multifamily apartments (5+ units), mixed-use properties, mobile home parks, and commercial real estate such as retail and other income-producing assets.
What loan terms are available with Alt Doc mortgages?
Alt Doc loans offer flexible mortgage terms, structured prepayment options, and competitive rates designed to meet the needs of investors and business owners.
Are Alt Doc loans available to LLCs or corporations?
Yes. Alt Doc loans can be structured under Corporations, LLCs, and Partnerships, making them well suited for real estate investors and business entities.
Do Alt Doc loans require global income underwriting?
No. These programs do not require global income underwriting, which simplifies qualification for borrowers with multiple income streams or complex financial structures.
How long does it take to close an Alt Doc loan?
Alt Doc loans typically close faster than traditional bank loans due to streamlined non-QM underwriting and reduced documentation requirements.
What documents are required to apply for an Alt Doc loan?
Typical requirements include a signed loan proposal (LOI), 12 or 24 months of personal or business bank statements, government-issued ID, loan application, current mortgage and insurance information, lease agreements for rental properties, a letter of explanation for cash-out requests, and entity documents if using an LLC or corporation.
