AltDoc Loans

Built for the loans
that fall out.

AltDoc Loans is a non-QM rescue desk in Costa Mesa, California. DSCR, bank-statement, P&L, second TDs, and bridge takeouts — same-day answers, the comp split printed on the term sheet, and your client stays yours.

FILE RESCUED · CLIENT RETURNED
THE ALTDOC WAY — EVERY DEAL, EVERY TIME
Text the scenario (949) 244-6405 ken@altdoc.loans · Ken Schisler
79loans funded in 2025
$79.2Mvolume
$1.2Maverage loan
Same dayanswers, yes or no
Programs

Full-strength loans, alternative documentation.

When the file doesn't fit an agency box — income that lives in bank deposits, equity behind a first that shouldn't be touched, a private note coming due — there's a program for it here.

INVESTOR

DSCR

Qualify on the property's rent, not the borrower's tax returns. Purchase, rate-and-term, and cash-out for 1–4 unit investment property.

SELF-EMPLOYED

Bank statement

Twelve or twenty-four months of deposits stand in for W-2s. Built for business owners whose returns understate what they actually make.

SELF-EMPLOYED

P&L only

CPA-prepared profit-and-loss programs when even bank statements tell the story sideways.

EQUITY

Second TDs

Tap equity behind a low-rate first that should never be refinanced. Quoted with live CLTV against the existing lien.

NO-DOC

Stated income

Business-purpose and investment property only. When the asset and the equity carry the deal — no tax returns, no bank statements.

EXIT

Bridge takeout

Thirty-year exits for maturing private-money and hard-money notes. Investors paid, note retired, borrower returned.

The exit desk for private lenders →
For referral partners

The no-poach pledge.

Around 75% of our volume is rescue and fallout referred by partners. That business model only works one way: the client is yours, and stays yours.

Your client, returned

We close the file you couldn't, and hand the relationship straight back. We never market to your borrower. Ever.

Refis go home

When your borrower's next opportunity surfaces — a refi, a new purchase — it goes back to you, not into our pipeline.

Comp in print

Your split is printed on the term sheet itself. Never a mystery, never a renegotiation after the fact.

How it works

No portal. No packet. No PDF application.

1

Text the scenario

Address, balance, rough credit, what broke. That's it.

2

Same-day answer

A yes comes with a term sheet. A no comes fast, with the reason — so you can re-plan while there's still runway.

3

The split, stamped in ink

The term sheet shows the rate, the payment, the fees, and your compensation — printed, not promised.

Who sends us deals

Partners with locked boxes.

Bank & retail LOs

Your product menu is fixed and your fallout is real. Send the file that doesn't fit, keep the client, get paid on the rescue.

Private & hard-money lenders

Maturing notes need exits. Thirty-year takeouts that pay your investors on time — and our too-ugly-for-non-QM files flow back to you.

Visit the exit desk →

Brokers & agents

A deal-saving second opinion before the escrow dies. Agents: we do your loans too — ask anyone who's called for their own.

One broken file. Test us.

Send the scenario that's stuck on your desk right now. Worst case, you get a fast no and a reason. Best case, it gets the stamp.

Text the deal (949) 244-6405

Borrower with a file that doesn't fit? Same number, same same-day answer.