NON QM

Non_QM

NON QM

Non QM Product Highlights:

  • 620 Min FICO
  • Loan Amounts up to $2,000,000 on all products
  • Up to 90% LTV with NO MI
  • Bank Statement Loans (Self Employed)
    • 620 Min FICO
    • Up to 90% LTV , NO MI
    • Loan Amounts up to $2,000,000
    • SFR, Condo, 2-4 units ok
    • 12 and 24 months Personal Bank Statements
    • 12 and 24 months Business Bank Statements
    • NO P&L statement required on Business Bank Statements
    • DTI up to 50% back end in some cases
  • Jumbo Agency Alternative Loans
    • 620 Min FICO
    • Loan Amounts up to $2,000,000
    • Owner occupied and Investment Properties
    • SFR, Condo, 2-4 Units Ok
    • 620 min – 80% LTV
    • 680 min – 90% LTV, No MI
    • 3 or 6 months reserves only required on many programs
    • DTI as high as 50% back end on some programs
    • Interest Only Options
    • Cash Out up to $1,000,000 cash in hand
  • Recent Credit Events
    • Borrowers that can’t qualify for Conventional or FHA
    • 620 Min FICO
    • Loan Amounts up to $2,000,000
    • LTVs up to 85%
      • Mortgage Lates in the last 12 months (30s, 60s, 90s, 120s)
      • 1 day out of foreclosure
      • 1 day out of short sale
      • 1 day out of BK
  • Investment Property Loans
    • 620 Min FICO
    • SFR, Condo, 2-4 Units Ok
    • Loan Amounts up to $2,000,000
    • Unlimited owned Properties
    • Unlimited Financed Properties
    • Close in LLC or Corporation or Trust
    • Full Doc or ¬†Bank Statements , or No Income / No Assets
    • NO Income / No Asset
      • Credit and Collateral Loan
      • DSCR or No DSCR option
      • No income docs, No Job Listed on 1003, No Assets Required
        • 640 Min FICO
        • LTVS up to 80% (with DSCR)
        • LTVS up to 75% (with No DSCR)