VA Loans, Self-Employed Mortgages & Lightning Equity Hybrid HELOC
Strategic loan structuring. Lending in 49 states. New York excluded. Based in Colorado Springs.
No SSN required. Takes about 2 minutes.
The JD.Mortgage Team
Paramount Residential Mortgage Group, Inc.
The JD.Mortgage Team is led by J.D. Peck, a mortgage professional with more than 25 years of industry experience, 3,100+ closed loans, and recognition as a Scotsman Guide Top Originator 2026 — helping homebuyers, homeowners, active service-members, veterans, investors, and builders navigate financing decisions with clarity and strategy.
Based in Colorado Springs — lending in 49 states, New York excluded — the JD.Mortgage team works as both a direct lender and broker to provide access to a wider range of loan programs and pricing options. The focus is simple: real analysis, realistic approvals, and loan structures that actually fit a borrower’s financial picture.
The team is especially known for VA home loans with no minimum credit score, manual underwriting scenarios, self-employed and investor financing, construction loans, investment property financing, and advanced equity solutions. Every file is approached with a long-term mindset, not just to get to closing, but to set clients up for sustainable homeownership and financial stability.
VA Loans
We work straight from the VA handbook, not from lender overlays. That means low credit scores, no minimum credit score, manual underwriting when it makes sense, and approvals built around residual income — not just a FICO number. Whether you’re using your benefit for the first time or restructuring entitlement after a previous VA loan, we build the file for approval before we submit it.
Self-Employed & Investor Lending
These programs are for borrowers whose income doesn’t fit within a standard W-2 box. We close Bank Statement loans for self-employed borrowers, DSCR loans qualified by rental income instead of personal income, Asset Depletion for high-net-worth or retired clients, and 1099 programs for contractors. The right product depends on how your income actually flows — not how a typical lender wants to see it.
Lightning Equity Hybrid HELOC
The Lightning Equity Hybrid HELOC lets you tap your home’s equity without touching your first mortgage. Each draw locks at a fixed rate, payments stay predictable, and funding can happen in as little as 5 days. Lines available up to $750,000. If you’ve got a low first-mortgage rate you want to keep, this is usually the smarter path than a cash-out refinance.
Who We Help
Most of our files don’t fit within a standard box. Here’s who we close loans for every month.
Active Duty Military & Veterans
VA loans built straight from the handbook. Low credit, no minimum credit score, manual underwriting, and entitlement restructuring all on the table. Learn more
Self-Employed
Bank Statement loans qualified on cash flow, not tax returns. 12 or 24 months of statements — we build the file around how you actually get paid Learn more
Real Estate Investors
DSCR loans qualified by the property’s rent, not your personal income. No tax returns, no W-2s, no employment verification. Close in your name or an LLC. Learn more
1099 Contractors & Commission Earners
1099-only income programs that skip the tax return math. Built for sales pros, gig workers, and contractors whose write-offs hurt them on a traditional loan. Learn more
Retirees & High-Net-Worth Borrowers
Asset Depletion programs that qualify you on liquid assets and retirement accounts — not job income. Built for borrowers who have the money but not the paystubs. Learn more
Homeowners With Equity
Lightning Equity Hybrid HELOC up to $750,000 with funding in as little as 5 days. Keep your low first-mortgage rate and tap equity at a fixed rate per draw. Learn more
Which program fits depends on how your income actually flows — W-2, 1099, bank deposits, or rental income. That’s the first thing we look at.
No SSN required. Takes about 2 minutes.
Does the VA require a minimum credit score for a VA loan?
No. VA itself sets no minimum credit score. Each lender sets their own. As a no-overlay lender, The JD.Mortgage Team follows VA guidelines — not extra bank rules.
What is a “no overlay” VA lender?
A no-overlay lender follows VA rules without adding extra restrictions like minimum credit scores, DTI caps, or reserve requirements. Same VA file, same veteran — denied by one lender, approved by another. The difference is overlays.
How much can a seller pay toward my VA loan closing costs?
Sellers can pay your closing costs, permanent rate buydown points, AND up to 4% in concessions — three separate buckets under VA rules. Closing costs have no VA cap. Permanent buydown points have no VA cap. The 4% concession cap only applies to extras like the funding fee, paying off your debts, and prepaids.
Can I get a mortgage if I’m self-employed, without showing tax returns?
Yes. Bank statement loans use 12 or 24 months of personal or business bank statements to qualify — no tax returns required. Built for self-employed borrowers whose tax returns don’t reflect actual income.
What is a DSCR loan?
A DSCR (Debt Service Coverage Ratio) loan qualifies investment property buyers based on the property’s rental income — not personal income or tax returns. If the rent covers the payment, you can qualify.
What credit score do I need for a bank statement or DSCR loan?
DSCR loans start at a 620 credit score. Bank statement loans start at 660. Down payment, reserves, and how the file is structured matter more than the score alone.
Can I get a HELOC and keep my low first mortgage rate?
Yes. A HELOC is a second lien — it sits behind your first mortgage. You keep your existing low rate and only borrow against the equity you need.
How much can I borrow with a HELOC?
The Lightning Equity Hybrid HELOC allows up to 85% combined loan-to-value (CLTV), with lines up to $750,000. On a $500,000 home with a $300,000 first mortgage, that is roughly $125,000 in available equity.
How fast can you close a loan?
VA purchase loans typically close in 21–30 days. Bank statement and DSCR purchase loans typically close in 14–21 days. VA IRRRL streamline refinances can close in as little as 14 days. Lightning Equity Hybrid HELOCs typically fund in 5–7 business days.
Where does the JD.Mortgage Team lend?
The JD.Mortgage Team at PRMG lends in 49 states. New York excluded.