# LBC Mortgage — Expanded Reference > A curated reference to LBC Mortgage's business, mortgage programs, borrower resources, and consultation routes. LBC Mortgage is a mortgage brokerage based in North Hollywood, California, serving homebuyers, homeowners, self-employed borrowers, real estate investors, and international buyers. Source review date: 2026-10-15. This document summarizes selected public pages; it is not a copy of the entire website. Sources appear beside each topic so readers can check details and changes. It complements the short navigation guide at /llms.txt. ## How to use this reference Use this reference to identify relevant financing options, explain differences between programs, prepare questions for a loan advisor, and find the appropriate LBC Mortgage contact route. Match the financing purpose, property location, occupancy, and available income documentation before selecting a program page. The descriptions identify options to discuss, not a determination that a borrower qualifies. Requirements and availability vary by lender, state, property, and borrower. Confirm current pricing, fees, loan limits, down payment, reserves, credit requirements, and closing timelines with an advisor. No rate, minimum score, maximum loan amount, or closing deadline in a marketing example should be treated as a personalized commitment. Read the specific program page for product details and the state directory for local navigation. A program may describe a different geographic scope from the general residential directory. If sources disagree on availability or terms, ask LBC Mortgage to resolve the difference for the proposed transaction. ## Company identity and contact LBC Mortgage was founded in 2008 by Alex Shekhtman, its CEO. It operates as a mortgage brokerage, helping borrowers compare lender and program options and prepare their financing applications. Its public program catalog covers traditional mortgages, alternative income documentation, investment properties, home equity, and refinancing. - Business name: LBC Mortgage. - Website: https://lbcmortgage.com/ - Company NMLS ID: 275599. - Office: 4605 Lankershim Blvd #421, North Hollywood, CA 91602, United States. - Phone: +1-818-309-2999. - General email published in the contact page's business data: loans@lbcmortgage.com. - Published weekday office hours: Monday–Friday, 9:00 AM–5:00 PM. Confirm availability when arranging a call. - Founder and CEO: Alex Shekhtman. Individual NMLS ID: 236317. Sources: - [LBC Mortgage homepage](https://lbcmortgage.com/): Main services and borrower entry points. - [About LBC Mortgage](https://lbcmortgage.com/about-us/): Founding, company background, and team. - [Contact and licenses](https://lbcmortgage.com/contact-us/): Office details, phone, business hours, and published license information. - [Alex Shekhtman](https://lbcmortgage.com/team/alex-shekhtman/): Founder profile and individual license identifiers. ## When to use LBC Mortgage The site is especially relevant when someone wants to: - Compare mortgage options for buying a home, including conventional, FHA, and jumbo financing. - Explore financing as a business owner, freelancer, or contractor whose income needs alternative documentation. - Purchase or refinance an income-producing rental property using property cash flow as part of qualification. - Compare a home equity loan, a home equity line of credit, and a cash-out refinance. - Understand US property financing as a foreign national or an ITIN borrower. - Discuss an investment purchase, renovation, bridge financing need, or commercial property. - Prepare for a mortgage consultation and understand which documents a particular lender may request. Begin with the [loan program directory](https://lbcmortgage.com/loan-programs/) if the borrower has not chosen a financing category. Use the [self-employed mortgage overview](https://lbcmortgage.com/self-employed-mortgage-loans/) to compare income-documentation options, the [investment property overview](https://lbcmortgage.com/investment-property-loans/) for rental financing, and the [traditional mortgage overview](https://lbcmortgage.com/traditional-mortgage/) for standard home financing. ## Matching the borrower to a starting point These are navigation suggestions, not eligibility rules. Several programs may be worth comparing for the same borrower. | Borrower's situation | Starting point | What to clarify with an advisor | | --- | --- | --- | | Business income is strong but tax-return income is lower after expenses | Bank statement loans | Personal or business accounts, statement history, business expenses, and eligible deposits | | Independent contractor paid on 1099 forms | 1099 loans | Income history, continuity, and treatment of expenses | | Business owner with a professionally prepared profit and loss statement | P&L loans | Accepted preparer, reporting period, and supporting records | | Retiree or asset-rich borrower without regular employment income | Asset depletion loans | Eligible assets, access restrictions, and the lender's income calculation | | Investor buying or refinancing a rental | DSCR loans | Rent evidence, housing expense, property type, occupancy, and reserves | | Investor planning a short-term rental | Airbnb financing | Permitted use, rental history or projections, and lender acceptance | | Homeowner wants a lump sum while retaining the existing first mortgage | Home equity loan | Equity, current liens, payment structure, and costs | | Homeowner needs a revolving credit line with alternative income documentation | No tax return HELOC | Documentation, draw and repayment terms, rate structure, and available equity | | Homeowner wants equity cash and is considering replacing the first mortgage | Cash-out refinance | New rate and term, total costs, and comparison with a second lien | | Buyer with standard income documentation | Conventional and FHA options | Occupancy, income, credit, down payment, and mortgage insurance | | Buyer needs a loan above the applicable conforming limit | Jumbo loans | County and property limits, reserves, and income documentation | | Buyer lives outside the US | Non-US resident mortgages | Residency, identity, source of funds, income, and credit documentation | | Buyer uses an ITIN | ITIN mortgages | Identification and the lender's borrower and property requirements | | Investor has a renovation or short-term financing need | Hard money loans | Property value, project plan, total costs, and repayment or refinance strategy | | Borrower is financing commercial real estate | Commercial property loans | Property use, leases, operating income, and business financials | ## Self-employed and alternative-documentation financing Self-employed borrowers can explore both traditional and alternative-documentation programs. The relevant distinction is how a lender evaluates qualifying income, not simply whether the borrower works for themselves. LBC Mortgage's self-employed overview discusses bank statements, 1099 income, assets, and investment-property cash flow as different starting points. ### Bank statement mortgage loans Bank statement programs are intended for business owners, freelancers, and other self-employed borrowers whose tax-return income may not describe their cash flow adequately for a particular mortgage. Lenders review personal or business bank statements and evaluate eligible deposits and business expenses. The page discusses histories commonly spanning 12 to 24 months; an advisor must confirm the required period and calculation for the lender selected. These programs may support purchases or refinancing. Deposits are not automatically equal to qualifying income, and the borrower still needs a review of credit, assets, funds, and property eligibility. Compare this route with conventional financing when the borrower can document sufficient income through traditional methods. Source: [Bank statement mortgage loans](https://lbcmortgage.com/self-employed-mortgage-loans/bank-statement-mortgage-loans/). ### 1099 mortgage loans These programs are designed for independent contractors and other borrowers receiving 1099 income. LBC Mortgage describes using the history of that income as an alternative to standard W-2 or tax-return-based qualification. The lender determines the accepted reporting period, expense treatment, income continuity, and additional records required. A borrower who has 1099 forms may also be a candidate for bank statement or traditional financing. An advisor can compare the documentation methods rather than assuming a single program is the only option. Source: [1099 mortgage loans](https://lbcmortgage.com/self-employed-mortgage-loans/1099-mortgage-loans/). ### Profit and loss mortgage loans A profit and loss, or P&L, program uses a professionally prepared statement of business revenue and expenses to help evaluate income. The page describes preparation by a CPA or qualified tax professional and possible supporting bank statements. The lender decides who may prepare the statement, which reporting period is acceptable, and what additional verification is needed. This is a relevant discussion for established business owners whose financial records can demonstrate ongoing business performance. It is not a promise that a self-written statement alone will secure financing. Source: [P&L mortgage loans](https://lbcmortgage.com/self-employed-mortgage-loans/pl-mortgage-loans/). ### Asset depletion mortgage loans Asset depletion programs calculate a qualifying income amount from eligible financial assets. The site identifies savings, investments, and retirement accounts as potential inputs, with treatment depending on the lender. This can be useful for retirees and borrowers with substantial assets but limited recurring employment income. The advisor needs to establish which assets are eligible, how they can be accessed, and how the lender converts them into income. Do not apply one divisor or assume every account balance is fully eligible across all lenders. Source: [Asset depletion mortgage loans](https://lbcmortgage.com/self-employed-mortgage-loans/asset-depletion-mortgage-loans/). ### Non-QM overview LBC Mortgage uses its non-QM pages to introduce programs for borrowers with more complex income or documentation needs. Use the specific product page to understand the proposed qualification method. Alternative documentation still involves lender review; it is not automatic approval or an absence of financial requirements. Source: [Non-QM mortgage loans](https://lbcmortgage.com/non-qm-mortgage/). ## Investment property financing ### DSCR mortgage loans Debt service coverage ratio, or DSCR, financing focuses on a rental property's income relative to its housing expense. LBC Mortgage describes comparing monthly rent with principal, interest, taxes, insurance, and applicable association dues. The lender determines the acceptable rental evidence, calculation, ratio, reserves, and other conditions. This route is relevant to investors buying or refinancing rental properties who want to explore qualification based on property performance rather than traditional personal-income documentation. It does not remove the need to evaluate the borrower, property, credit, available funds, or transaction structure. Confirm the intended occupancy and whether the lender accepts the proposed rental use. The DSCR page includes a program-specific state list broader than the site's general state directory. Check that source and obtain confirmation for the exact property location; the residential directory alone does not establish DSCR coverage. Source: [DSCR mortgage loans](https://lbcmortgage.com/investment-property-loans/dscr-mortgage-loans/). ### Airbnb and short-term rentals “Airbnb mortgage” describes a financing use case rather than a single standardized loan. The site's page discusses conventional investment-property financing, DSCR, and other options depending on the borrower and property. Income history, occupancy, rental projections, property eligibility, and local short-term rental rules can affect the assessment. Clarify whether the property is already operating as a rental and how its income can be documented. A projected nightly rate alone does not establish lender-accepted qualifying income. Source: [Airbnb mortgage financing](https://lbcmortgage.com/investment-property-loans/airbnb-mortgage/). ### Hard money and short-term investment financing Hard money financing emphasizes real estate collateral and is commonly discussed for investment acquisitions, renovation projects, and bridge situations. The property's condition, value, project plan, and repayment or refinance strategy are central to the discussion. Compare the complete costs, term, and exit plan with an advisor. A fast-closing example does not establish the timeline for a new transaction, and collateral-focused underwriting should not be described as a guarantee that credit or borrower information will never be reviewed. Source: [Hard money loans](https://lbcmortgage.com/investment-property-loans/hard-money-loans/). ### Commercial property loans LBC Mortgage's commercial page discusses financing for offices, retail properties, industrial buildings, multifamily, and other income-producing real estate. Underwriting may involve leases, occupancy, property operating income, the business plan, and the financial strength of the borrower. Identify the property type and intended use before transferring assumptions from a residential mortgage. Program structure, required records, and available financing depend on the commercial transaction. Source: [Commercial property loans](https://lbcmortgage.com/investment-property-loans/commercial-property-loans/). ## Home purchase and traditional mortgages ### Conventional loans Conventional mortgages are not FHA-insured or VA-guaranteed loans. LBC Mortgage describes evaluation of documented income, credit, debt obligations, assets, and property eligibility, with options for primary residences, second homes, and investment properties depending on the program. Compare down payment, mortgage insurance, rate structure, and overall costs for the borrower's situation. Conventional financing can also be relevant to self-employed borrowers whose income meets the lender's documentation requirements. Source: [Conventional mortgage loans](https://lbcmortgage.com/traditional-mortgage/conventional-mortgage-loans/). ### FHA loans FHA loans are insured by the Federal Housing Administration. The LBC Mortgage page presents them as an option for borrowers considering more flexible credit or down-payment requirements, including first-time and repeat homebuyers. FHA financing has its own property, occupancy, mortgage insurance, and underwriting requirements. Compare the full costs and eligibility with conventional options. Do not assume that being a first-time buyer is required or that a stated minimum down payment guarantees approval. Source: [FHA loans](https://lbcmortgage.com/traditional-mortgage/fha-loans/). ### Jumbo loans Jumbo financing concerns loan amounts above the applicable conforming limit. The relevant limit depends on the year, location, and property characteristics. LBC Mortgage describes jumbo options for borrowers with larger financing needs and emphasizes income, credit, and reserves. Confirm the applicable limit and lender program for the actual property. This reference deliberately does not reproduce a nationwide dollar threshold from a marketing page, because it would not apply to every county and property. Source: [Jumbo loans](https://lbcmortgage.com/traditional-mortgage/jumbo-loans/). The [traditional mortgage directory](https://lbcmortgage.com/traditional-mortgage/) also discusses government-backed options such as VA and USDA. Ask an advisor about borrower eligibility and local program availability when those options are relevant. ## International buyers and ITIN borrowers ### Foreign-national and non-US-resident mortgages These pages are relevant to buyers living outside the United States who want to finance US property. The site describes lender review of identity, residency or visa documentation where applicable, income, assets, source of funds, and credit information, potentially including records from the buyer's home country. The intended property use and available documentation affect which options can be considered. An absence of US credit history does not by itself establish approval or denial across all lenders. An advisor must assess the particular profile and property. Source: [Non-US resident mortgage loans](https://lbcmortgage.com/non-qm-mortgage/non-us-resident-mortgage-loans/). ### ITIN mortgages ITIN mortgage programs serve borrowers applying with an Individual Taxpayer Identification Number. The lender still evaluates the required identity, income, credit, assets, and property information. ITIN and foreign-national financing address different aspects of a borrower's situation. Do not assume that every foreign national uses an ITIN or that possession of an ITIN establishes eligibility for every mortgage program. Source: [ITIN mortgage loans](https://lbcmortgage.com/non-qm-mortgage/itin-mortgage-loan/). ## Accessing home equity ### Home equity loan A home equity loan, also called a HELOAN, provides a lump sum secured by the property. LBC Mortgage describes it as a way to access equity through a second mortgage while retaining an existing first mortgage, subject to the selected program. Its page contrasts the lump-sum structure with a revolving line of credit. This is a relevant discussion when the borrower knows how much funding is needed. Review the proposed lien position, total mortgage balances, payment structure, costs, and available equity with an advisor. Source: [Home equity loans](https://lbcmortgage.com/home-equity/). ### No tax return HELOC A home equity line of credit, or HELOC, provides a credit line with draws subject to the agreement's terms. LBC Mortgage describes alternative income-documentation possibilities including bank statements, professionally prepared P&L statements, assets, and certain rental-property cash-flow approaches, depending on the lender and program. “No tax return” describes a possible documentation method; it does not mean that the borrower supplies no records or undergoes no underwriting. Review the income method, draw period, repayment period, rate structure, liens, equity, and costs for the actual offer. Source: [No tax return home equity line of credit](https://lbcmortgage.com/home-equity/no-tax-return-home-equity-line-credit-heloc/). ### Cash-out refinance A cash-out refinance replaces an existing mortgage with a larger new loan, with proceeds available after paying off the existing balance and applicable transaction costs. It therefore changes the first mortgage, unlike adding a separate home equity loan or line of credit. Compare the new rate, repayment term, closing costs, total payment, and intended use of funds with the alternatives. Accessing equity does not automatically lower the payment, reduce total borrowing costs, or improve the existing rate. Source: [Cash-out refinance](https://lbcmortgage.com/cash-out-refinance/). ## Property location and state-specific information The [Where We Lend directory](https://lbcmortgage.com/where-we-lend/) links to the state hubs below. These are navigation destinations, not a statement that every product is available to every borrower in each state. Confirm the loan type, property use, and location with an advisor. Some investment programs describe broader coverage on their own pages. - [California](https://lbcmortgage.com/mortgage-broker-california/): California mortgage programs and local resources. - [Colorado](https://lbcmortgage.com/colorado-mortgage-broker/): Colorado mortgage programs and local resources. - [Florida](https://lbcmortgage.com/florida-mortgage-broker/): Florida mortgage programs and local resources. - [Illinois](https://lbcmortgage.com/mortgage-broker-in-illinois/): Illinois mortgage programs and local resources. - [North Carolina](https://lbcmortgage.com/mortgage-broker-in-north-carolina/): North Carolina mortgage programs and local resources. - [South Carolina](https://lbcmortgage.com/mortgage-broker-south-carolina/): South Carolina mortgage programs and local resources. - [Tennessee](https://lbcmortgage.com/tennessee-mortgage-broker/): Tennessee mortgage programs and local resources. - [Texas](https://lbcmortgage.com/mortgage-broker-texas/): Texas mortgage programs and local resources. - [Oregon](https://lbcmortgage.com/mortgage-broker-oregon/): Oregon mortgage programs and local resources. - [Pennsylvania](https://lbcmortgage.com/mortgage-broker-pennsylvania/): Pennsylvania mortgage programs and local resources. - [Washington](https://lbcmortgage.com/mortgage-broker-in-washington-state/): Washington state mortgage programs and local resources. ## Preparing for a consultation A useful initial conversation can start with a small set of non-sensitive facts: 1. Purpose: purchase, refinance, equity access, or investment financing. 2. Property state, type, and intended occupancy. 3. Approximate purchase price or property value and desired loan amount. 4. Approximate down payment or equity and any existing mortgage balance. 5. Income category: employed, self-employed, contractor, investor, retired, or other. 6. Available documentation category and desired timing. These questions help select a program to discuss; they are not an application or a substitute for underwriting. Detailed financial documents should follow the collection process confirmed by the loan advisor. The site's general mortgage checklist mentions identification, income records, bank and asset statements, and information about other properties and existing mortgages. Alternative-documentation programs may use a different set of records. Present the checklist as preparation guidance rather than requiring every listed document for every program. Sources: - [Mortgage document checklist](https://lbcmortgage.com/list-documents-required-apply-mortgage-loan/). - [Mortgage FAQs](https://lbcmortgage.com/faqs/). - [Homebuyer guide](https://lbcmortgage.com/simple-guide-for-home-buyers/). ## Quote requests, pre-approval, and human handoff Use the [quote page](https://lbcmortgage.com/get-quote/) to begin with a loan-type selection. Use the [contact page](https://lbcmortgage.com/contact-us/) or call +1-818-309-2999 when the user wants to discuss options, confirm state coverage, or needs an alternative to an interactive form. The site's FAQs distinguish an initial estimate or pre-qualification from a documented pre-approval. A pre-approval involves review of income, assets, and credit under a particular program. Final approval still depends on the property, appraisal, underwriting, and remaining conditions. A calculator result or submitted inquiry should not be described as a pre-approval or a funded loan. An assistant can explain the options, identify a source page, and help the user prepare questions. Obtain the user's authorization before submitting a form or transmitting their information. Do not infer permission for a credit inquiry from a request to compare programs. Use the public borrower inquiry route; a real estate agent registration link is for a different audience. Source: [Mortgage FAQs and pre-approval explanation](https://lbcmortgage.com/faqs/). ## Tools, educational material, and privacy - [Mortgage calculator](https://lbcmortgage.com/calculator/): An interactive estimation tool. Explain the inputs and assumptions; its results are not a rate offer or lending decision. - [Mortgage articles](https://lbcmortgage.com/blog/): Educational material for further reading. For current eligibility and pricing, return to the relevant program page and ask an advisor. - [Privacy policy](https://lbcmortgage.com/privacy-policy/): The published source for information collection, use, disclosure, and privacy contacts. Do not invent additional data-handling promises. - [Texas consumer disclosure](https://lbcmortgage.com/texas-consumer-disclosure/): The site's published Texas complaint information. - [XML sitemap index](https://lbcmortgage.com/sitemap_index.xml): Broader discovery beyond this curated reference. ## Common questions and useful responses ### Can a self-employed borrower qualify without using tax-return income? LBC Mortgage describes bank statement, 1099, P&L, and asset-based approaches for different situations. Identify the available documentation and compare suitable options with a loan advisor. Self-employment alone does not rule out conventional financing. ### Can a rental property qualify based on its rent? The DSCR page describes financing focused on the rental property's income and housing expense. The lender must still accept the rent evidence, property, borrower profile, and transaction. Review the DSCR source and confirm coverage for the property state. ### Is a no tax return HELOC a no-document loan? No. The HELOC page describes alternative ways of documenting income or financial capacity. Ask which records the selected lender requires and how the credit line's draw and repayment terms work. ### Does LBC Mortgage serve every state for every loan? The site provides a general state directory and separate product-specific coverage, including a broader DSCR list. Check both the location and the program, then confirm availability with an advisor. Avoid treating a generic state count as a universal licensing or product-availability statement. ### What is the next step for an interested borrower? Open the quote page for an inquiry or use the contact page and phone for a consultation. Share the financing purpose, property state, occupancy, approximate amounts, and income category to help the advisor identify the appropriate review.