The Rich Somers Report Lending, Liquidity, and the 2026 Real Estate Outlook | Jonathan Yoo & Dustin Rosenberg E473
Mar 10, 2026
Dustin Rosenberg, co-founder of Convoy Home Loans who builds creative investor lending solutions, and Jonathan Yo, co-founder and non-QM mortgage specialist for investors and self-employed borrowers. They unpack DSCR and bank-statement loans. They discuss spreads vs treasuries, lender risk appetite and secondary market buyers. They cover tightening guidelines, debt-yield basics, and the 2026 rate-cut outlook.
AI Snips
Chapters
Transcript
Episode notes
Qualify Self‑Employed With Bank Statement Income
- Use bank statement underwriting to qualify self‑employed buyers by averaging gross deposits and applying a multiplier.
- Jonathan explains lenders often take gross deposits and divide by two to compute qualifying income for DTI.
Non‑QM Lets You Lend To Creative Income Profiles
- Non‑QM loans serve self‑employed and investor use cases by focusing on demonstrated cash flows instead of IRS‑reported income.
- Dustin contrasts full‑doc QM (tax returns/W2s) with bank statement, DSCR, asset depletion and cross‑collateralization options.
Use DSCR To Qualify Deals By Rental Cash Flow
- Use DSCR loans when you want to qualify off rental income instead of personal bank statements or tax returns.
- Jonathan says DSCR compares gross rents to PITI (or ITI if interest‑only) to approve investor loans quickly.