Diana Bunn Mortgage Loan Officer Fernandina Beach and Jacksonville FL

Diana Bunn Mortgage Loan Officer Fernandina Beach and Jacksonville FL Loan Officer with First Coast Mortgage Funding serving Fernandina Beach, Amelia Island, Yulee, Callahan, Hilliard, Nassau County, Jacksonville and GA.

Conventional, FHA, VA, USDA, jumbo, DSCR, bank statement and Non-QM loans. NMLS #316314.

Thinking About Building an ADU? You May Be Able to Finance It!Accessory Dwelling Units (ADUs) are becoming one of the sm...
05/08/2026

Thinking About Building an ADU? You May Be Able to Finance It!

Accessory Dwelling Units (ADUs) are becoming one of the smartest ways for homeowners to create additional income, add space for family, or increase property value.

An ADU can be:
✔️ A guest house
✔️ In-law suite
✔️ Garage apartment
✔️ Detached tiny home
✔️ Rental unit for extra income

The good news? There are financing options available that may allow homeowners to:
🔹 Build an ADU
🔹 Renovate existing space into an ADU
🔹 Use equity from their current home
🔹 Roll renovation costs into financing

Whether your goal is multigenerational living, passive income, or increasing long-term property value, an ADU could be a great solution.

I’d be happy to help you explore financing options and see what may work best for your situation.

📩 Message me anytime to learn more!

THIS ONE LOOKED DEAD.Until we changed the strategy.At first glance, this looked like a straightforward agency deal. Stro...
05/07/2026

THIS ONE LOOKED DEAD.
Until we changed the strategy.

At first glance, this looked like a straightforward agency deal. Strong W2 borrower, solid income, stable employment, clean file. Then the rental properties came into play.

Because the borrower had owned the rentals for more than 12 months, agency guidelines required tax returns. No way around it.

Once we reviewed the returns, the issue was obvious. Heavy write-offs and depreciation losses. Great for lowering taxes, not so great for qualifying.

The losses crushed the income and the deal was basically dead.

Instead of forcing an agency approval that was not going to work, we pivoted to a WVOE Non-QM solution.

No tax returns.
No W2s.
No paystubs.

Just a written verification of employment.

Now the rental properties actually helped the file instead of hurting it. Using the lease agreements, we were able to use 75% of the rental income without the tax return losses dragging the borrower down.

Same borrower. Same properties. Completely different outcome.

That is the difference between quoting guidelines and understanding how to structure loans.

WVOE Program Highlights:
• 2 years with same employer
• Up to 80% LTV
• No tax returns, W2s, or paystubs
• No bank statements required at or below 70% LTV
• Primary, second homes, and investment properties
• 620 minimum credit score

If rental properties have been owned for more than a year, agency guidelines will require tax returns. That part is not changing.

But this is exactly where Non-QM can create options, even for traditional W2 borrowers who look “easy” on the surface.

In today’s market, one of the biggest advantages you can have is working with a loan officer who knows when to pivot, how to structure the deal correctly, and where to place it when the first option falls apart.

This deal was dead… until it wasn’t.Another lender couldn’t get it done.We stepped in, restructured it, and got it clear...
04/22/2026

This deal was dead… until it wasn’t.

Another lender couldn’t get it done.
We stepped in, restructured it, and got it clear to close in 10 days.

That’s the difference between quoting loans… and actually closing them.

Best part of what I do?Watching clients come back… and then refer their friends and family.Some of my Realtor partners h...
04/22/2026

Best part of what I do?

Watching clients come back… and then refer their friends and family.

Some of my Realtor partners have sent me every deal for 19+ years.

That doesn’t happen by accident. Last month my clients referred me both of their sons who were ready to buy their first home...these types of referrals mean the world to me.

It happens when you show up, communicate, and actually close.

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Fernandina Beach, FL

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