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Asset Depletion Loan
October 9, 2025
Qualify using bank deposits, not tax returns. An Asset Depletion Loan is designed for borrowers who do not qualify for a home using traditional employment income but rather have a large amount of money in an asset account. Instead of asking for traditional income documents, we review your asset statements to measure income.
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1099 Loan
October 9, 2025
Buy a home without traditional tax returns. The 1099 Loan is designed for borrowers who get paid on 1099s instead of W-2s. Instead of looking at your tax returns, we use your actual 1099 income to help qualify you for a mortgage. This option makes homeownership easier for contractors, freelancers, and anyone who earns primarily […]
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Bank Statement Loan
October 9, 2025
Qualify using bank deposits, not tax returns. The Bank Statement Loan is made for small business owners and self-employed borrowers. Instead of asking for tax returns, we will review your personal or business bank statements to measure income. This program helps self-employed buyers qualify more easily while keeping the process simple and flexible.
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Open Doors Grant
May 27, 2025
At Treadstone, we believe that the door to home ownership should be easier to open — and the Open Doors Grant is here to help make that possible! With the Open Doors Grant, you could receive up to $2,500 toward your down payment or closing costs — no strings attached. Seriously. This grant is national, […]
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HELOC
May 27, 2025
Imagine a brand-new kitchen, a backyard oasis, college tuition covered, and debt paid down. A HELOC (Home Equity Line of Credit) allows you to tap into your home’s equity to fund what matters most to you. Unlike a traditional loan, a HELOC offers flexible access to a revolving line of credit, allowing you to borrow […]
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DSCR Loan
May 27, 2025
A DSCR (Debt Service Coverage Ratio) Loan helps real estate investors qualify for a mortgage based on the property’s rental income rather than personal income. To determine eligibility for DSCR Loans, we instead evaluate the rental income in relation to the loan payment. This type of loan is ideal for real estate investors, buyers of […]
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Veterans VA Renovation Loan
November 26, 2024
The Veteran’s Renovation Loan works just like a normal VA Loan, but allows for renovations to be done to a home after closing, with all renovation costs being added into the original loan. This loan is a great option for veterans because it opens up so many more possibilities in a tight housing market. The […]
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Down Payment Assistance
October 4, 2023
Homeownership is closer than it appears with the Michigan State Housing Development Authority (MSHDA) Down Payment Assistance Program. The funds provided by this program can be used for closing costs, pre-paids, and the down payment itself. The Down Payment Assistance (DPA) funds are not “free” money — it’s a state loan at a zero percent […]
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2–1 Buydown
October 4, 2023
Buy in today’s hot market, with yesterday’s low rates! The 2-1 Buydown is an exciting financing option that lowers the interest rate on the buyer’s mortgage temporarily, making the first two years of homeownership more affordable. How does it work? The seller or builder kicks in enough money to reduce the buyer’s mortgage rate for […]
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Home Possible Loan
October 4, 2023
The Freddie Mac Home Possible® Loan offers more options and credit flexibilities than ever before to help very low to moderate income borrowers attain the dream of owning a home. Home Possible features a low down payment requirement, allowing as little as 3% down, and allows down payment funds from a variety of sources. Works […]