NON QM

Non QM Product Highlights:

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)