The article does a good job or explaining alternative mortgages. There are cases, such as self employed that penalized for not showing enough income. I have seen many conventional (FHA – Fannie mae) type underwriting engines approve somewhat weak borrowers with DTI just barely enough to qualify. I have seen self employed borrowers with 20years in business denied due to fluctuating income but solid income, cash reserves and low ltv.
For many borrowers we make loans for just that situation. Have a well written summary of your occupation, 12-24 months of bank statements and a Personal financial statement available and call us. Many non conventional – “portfolio” loans are very well qualified and deserve a loan.