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About Us

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Our Story

We understand the mortgage industry is not designed for self-employed people, so we decided to create a mortgage lender that is.

Our team has over a century of collective experience working with business owners, freelancers, and entrepreneurs to help them achieve their financial goals.  We understand many self-employed home buyers who receive a pre-approval letter are later denied a mortgage.  Because of this, our team performs a full underwriting review up front so that our self-employed customers can have confidence knowing they can close on a home.  We provide alternative ways to qualify income, such as using bank statements, 1099 statements, or by using the expected cash flow of a rental property.

At LoanBud, we believe in providing business owners access to capital to grow their businesses.  Our team provides loans up to $5 million through the Small Business Association (SBA).  We understand that obtaining an SBA loan can be an overwhelming task, so we guide our customers step by step, from application to funding.  As an SBA Preferred Partner, we are authorized to make credit decisions internally, which saves our borrowers time and money.

LoanBud is led by Burke Purcell, an industry veteran with nearly 20 years of banking experience who has been specializing in self-employed lending for the last decade.

About LoanBud

LoanBud is a Division of BayFirst National Bank, N.A., a Federal Reserve member, and a state-chartered banking institution, offering mortgages and SBA 7(a) loans in all 50 states. 

LoanBud’s mission is to become the number one lender in the country for self-employed people by providing mortgages and SBA-backed loans to entrepreneurs, freelancers, and small business owners.

Equal Housing Lender, Member FDIC.        NMLS ID 806183.

LoanBud Headquarters

777 Brickell Ave, Suite 500
Miami, FL 33131



Loan Officers are available Monday through Friday 9:00 a.m. - 6:00 p.m. EST.


Other Locations:

287 Park Ave South

7th Floor, New York, NY 10010


161 Elliott Street SE

Orangeburg, SC 29115

Employment Opportunities

We are always looking for talented people to join our team.  Please check back for updates on job openings.  In the meantime, if you're interested in sharing your resume for future openings please email your resume to 

Press Inquiries

For press related inquiries, please email

LoanBud is a Division of BayFirst National Bank, N.A., Member FDIC, Equal Housing Lender NMLS ID 806183 Copyright © 2022. All rights reserved.
*Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.

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