NMLS 110855
Home Loan Scenarios
1. Cannabis Dispensary Clerk
Dispensary clerk Larry and his healthcare worker roommate just got their rent raised again. So they decided to pool their money for a down payment to buy a 2-bedroom condo together. They went to Larry's bank and his roommate's credit union. They were turned down for a $300,000 loan since they couldn't use Larry's cannabis industry income because it wasn't considered legal under federal law. His roommate's income alone would only get a $200,000 loan for a 1 bedroom condo.
Larry heard about CannabisHomeLoan.com from a coworker. Next thing he knew, he was now able to use his previously illegal income and combined with his roommate's income, they qualified for a much larger $300,000 2-bedroom condo with just 5% down -- less than what they were paying in rent.
2. Cannabis Chef
Chef Shaniqua recently got married. She and her Navy spouse were excited about buying their first home together. They were disappointed to find out they couldn't qualify for a VA loan together since Shaniqua's cannabis income couldn't be used.
Luckily, by contacting us, they were able to qualify with both incomes for a $500,000 home in the neighborhood they wanted.
3. Cannabis Dispensary Owner
Cannabis dispensary owner Sharon was flush with savings. She spoke to her bank who told her they could not use her cannabis industry income to qualify for a home loan, so she was saving to pay cash for her next home. Her million-dollar “dream” home seemed out of reach since she’d only set aside about $300,000 so far.
Then she learned that CannabisHomeLoan.com offers home loans, with as little as 10% down, to owners and contractors working in the cannabis industry. Using 30% down she was able to get an even better rate to buy her million-dollar dream home. She also discovered that she was able to purchase investment properties, with 20% down. So she put her cash to work, provided rental properties to her employees, and added another source of income.
The cannabis industry includes a plethora of professions that all contribute to the various stages of cannabis production, packaging, and sales. All these qualify for one of the home loan products outlined on our Loans page. Here's a partial list of job titles and positions that may qualify under these terms:
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Budtender / Online Budtender (online sales)
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Delivery Driver
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Edible Chef
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Cultivation Garden Tech
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Harvest Trimming Tech
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Production Tech- edibles
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Greenhouse Facilities Grower
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Assistant Grower
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Master Grower / Director of Cultivation
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Cannabis Packer
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Cannabis Consultant (knowledge of strains and medical use)
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Preroller
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Guest Intake Personnel (checks IDs)
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Security Guard
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Lab Analyst Tech 1, 2, 3
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Brand Ambassador
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Inventory Specialist
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Extract Packer
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Extraction Tech
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Extraction Lab Manager
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Social Media Specialist
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Cannabis Marketing Professional
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Cannabis Warehouse Worker
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Cannabis Icecream Truck Driver
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Cannabis Accountant
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Field sample tech
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Tissue Culture Tech
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Tissue Culture Manager
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Sales Representative
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Plant Breeder
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Integrated Pest Manager
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Microbiologist
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Compliance Manager
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Dispensary Manager
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Agronomist
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Chief Scientific Manager
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Manufacturing Director of Operations
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Chief Financial Officer
