Stewardship Capital

Loan Programs

Wise with what you have. Patient with what's coming. Generous with both.

There is no single best loan. The right one depends on the home, on how you earn, and on what you want the next few years to look like. Here is what we work with most, grouped by the situation it fits.

Buying a home

The loan that fits depends on the home and on you. These cover the situations that come up most.

• Jumbo LoansWhen the loan is bigger than your county's limit.
• 2-to-4 Unit Properties and House HackingLive in one unit, rent the others.
• California Down Payment AssistancePrograms that help with the money up front.
• USDA Rural Home LoansFor eligible homes outside the busier areas.
• Manufactured, Mobile and Modular Home LoansWhat lenders need, and how these differ.
• Non-Warrantable Condo, Condotel and Co-op LoansWhen the building itself is the hurdle.
• Land, Lot and Hobby Farm LoansBuying ground, with or without a house on it.
• Assuming a VA or FHA LoanTaking over the seller's existing loan.
• Buy Before You SellMoving without having to move twice.

Self-employed, or income that is hard to show

Tax returns do not tell the whole story for everyone. There is more than one way for a lender to look at income.

• Bank Statement Loans for Self-Employed BorrowersWhen your returns show less than you really earn.
• ITIN and Foreign National LoansBuying without a Social Security number.
• Buying After a Credit EventBankruptcy, foreclosure or a short sale behind you.

Building, renovating and adding on

Some homes are not finished yet. These loans pay for the work as part of the loan.

• Renovation LoansBuy it and fix it with one loan.
• Construction Loans and One-Time CloseBuilding from the ground up.
• ADU Financing in CaliforniaAdding a second unit to a property you own.

Refinancing and using your equity

If you already own, the question is usually what the equity should be doing for you.

• Streamline Refinance: FHA Streamline and VA IRRRLA simpler path if you already have an FHA or VA loan.
• Reverse Mortgages and HECMFor homeowners 62 and older. A loan, with real duties.

Investors

Property as a business decision, underwritten on the numbers.

• Fix and Flip and Investor Bridge LoansShort-term money for a project with an exit.

Common questions

How do I know which loan program is right for me?

Start with the home and your situation, not the program. The property type, how you earn your income, how long you plan to stay and how much cash you have all point toward different loans. Stephen walks through it with you before you are committed to anything.

Can I use more than one program at once?

Sometimes. Down payment assistance is often paired with another loan, for example. Whether two programs can be combined depends on the rules of each one, so it is confirmed on the specific file rather than assumed.

Do you only lend in California?

No. Stewardship Capital is licensed in California, Idaho, Tennessee, Florida, Arizona, Kansas and Texas. Most of the business is in Southern California, around Murrieta, Temecula, Menifee, Wildomar and Lake Elsinore.

What if my situation does not fit any of these?

Tell Stephen anyway. This list covers the programs that come up most, not everything that exists. Unusual files are common, and the first step is a conversation, not an application.

About this page. Program availability and guidelines vary by investor, by county and over time, and this page is a summary rather than a full statement of any program's rules. This is not a quote, a commitment to lend or an offer of credit. Stephen Chakerian, NMLS #2193331 | Stewardship Capital, a team of Barrett Financial Group, L.L.C., NMLS #181106 | Equal Housing Opportunity.