I have been asked to write an article about the recent news involving the collapse and near collapse of certain banking institutions in the USA.

This is something I have resisted because I see that many journalists, economists and commentators are doing this, and I didn’t want to add to the noise with no solution.

Alejandro shares practical information about money that empowers clients financially and helps them keep more of the money they earn.

An assisted-living entrepreneur had been running a successful small, live-in elderly care operation in a single family home she owned…

Alejandro Szita is a Mortgage Expert For the Self Employed. He is the President of Prosperity Lending. Alejandro has worked his way up in this world. Originally from Chile, he specializes in helping the self-employed understand the mortgage market and access deals many brokers don’t even know exist. His results speak for themselves.

How could you take a reverse mortgage AND still leave your home to an heir?

The assumption is that if you do a reverse mortgage, then the equity is going to be consumed or eaten up by the interest and then there would be nothing left for your heirs. Worse, if the reverse mortgage eats up all the equity and then some, your heirs could be left with a debt.

Alejandro is a mortgage broker in California & Florida, and president of Prosperity Lending, a firm that specializes in servicing self-employed borrowers such as artists and small business owners.

If you're a self-employed entrepreneur, you know how difficult it can be for you to qualify for a mortgage. Lenders favor those with stable W-2 jobs even though many individuals with less regular income still can be excellent potential borrowers.

After gaining extensive experience as a real estate agent for over a decade, and working as a prominent commercial and luxury real estate broker, Alejandro Szita launched his own venture, which centers around real estate loans for business owners and creative entrepreneurs.

As a mortgage broker in California and Florida, Alejandro Szita caters to business owners and self-employed professionals.

“Alejandro is friendly and professional, but what I like about him the most is his above-average communication. He keeps you up-to-date about proceedings and explains things in a transparent manner.“

Real Estate Lending is based on 4 pillars:

Income

Reserves

Credit

Collateral

Income is by far the most important factor, followed by Reserves (savings), while Collateral is not as significant. Credit sits in the middle.

Alejandro Szita is a licensed mortgage broker who specializes in serving business owners, artists, and entrepreneurs in CA and FL. In this episode, he explains why it is possible for the self-employed to secure a mortgage.

Sixteen years ago, back in 2007, I was new to the mortgage business. I sensed something was about to happen, but I didn't know what—and no matter how much I searched, I could not find anyone who could explain it.

Alejandro Szita discusses the ins and out of mortgages for artists, musicians and other creative entrepreneurs with show host Joey Held.

I did a loan for an artist couple; they were successful and had each been in business for over 30 years, but they were having trouble getting the loan they needed.

They wanted a particular kind of loan which is interest only. After they told me their story and what they were looking to achieve, it made perfect sense.

Alejandro talks to show host Ty Crandall about real estate financing for business owners, entrepreneurs, and self-employed professionals.

“Alejandro was extremely professional. Everything was explained along the way, and he answered my questions quickly and in a way that I could understand. Additionally, he was very reassuring and never once made me worry that it would not be possible to do the loan.”

If you ever thought about purchasing a home as your primary residence from your parents or grandparents, cousins or in-laws, did you know that they could sell you the property for less than its Fair Market Value?

If you own a home, did you ever wish you could sell it to a family member and help them buy it? Even if you don’t personally have a lot of resources?

There is a little known method to accomplish these objectives which in the Lending World it is called “Gift of Equity.”

When you have a mortgage, there is a hidden source of savings in your mortgage payment.

“As an accountant, I know about numbers, but I still had some questions when it came to the details of mortgages. Alejandro is very knowledgeable, and he was able to answer all my questions. He really makes sure that you understand what is happening, and that nothing is going over you head.”