Non traditional financing

[Nicolas Vera-Arroyo]

I have a friend who has the capital for a down payment on a house however he recently started his business (less than 1 year) and he would not qualify for a traditional loan.

I hear that there’s lenders that still approve people without a two-year solid and consistent employment history. Wondering what type of loan that would be or the institution that would finance under such conditions.

Thank you!