- Loans up to $3 million with a minimum of $150,000
- Rates are 30-year fixed
- 40 year fixed interest only available
- Purchase, cash-out or rate-term refinance
- 1099 option is also available
- Owner-occupied, second homes, and non-owner occupied
- Non-warrantable condos allowed
- 640+ FICO Credit score required
- 90% Loan to Value (LTV) no Mortgage Insurance (MI)
- 12 or 24 months business or personal bank statements
- Two years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
- Two years self-employed required
- Borrowers can own as little as 50% of the business for business bank statements and 25% for personal bank statements
- Most loans will be qualified on an expense factor of 50%. Companies with a lower expense factor will require a statement from a third party CPA or tax preparer. (Some industries with traditionally higher expense factors will be underwritten with a 70% expense factor.)
What Non-QM mortgage is right for you?

- Loans up to $3 million and minimum loan amount of $150,000
- Purchase and cash-out or rate-term refinance
- Owner-occupied, second homes, and non-owner occupied homes
- Non-warrantable condos are allowed
- Max Loan to Value (LTV) of 90% with a FICO Score of 700+
- Max Loan to Value (LTV) of 80% with a FICO Score of 640-700
- No tax returns are required
- Most recent one or two years 1099 plus year to date earning statement allowed
- Year to date earnings are verified from earning statement, paystubs, or bank statements
- 1099s must be from a single employer
- Borrower must be self-employed working for the same employer for two years
- Four years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
- Loans up to $1.5 million and a minimum loan of $75,000
- 40 year fixed interest only available
- Purchase and cash-out or rate-term refinance
- No personal income or employment information required
- Qualification based on property cash flow − Minimum Debt to Service Coverage Ratio (DSCR) of 1.0
- No Debt Service Coverage Ratio (DSCR) needed with a minimum FICO Score of 700 and a max Loan to Value (LTV) of 75%
- Properties can be in a LLC's name
- No limit on total number of properties
- Non-warrantable condos are allowed
- Loans up to $3 million, Minimum loan of $250,000
- Rates are 30-year fixed
- Interest only program is available
- Primary residence, purchase, refinance, and non-warrantable condos allowed
- No employment, no income, no DTI
- Five years seasoning foreclosure, short sale or bankruptcy
- Required assets: Loan amount, recurring monthly debt multiplied by 60 months, funds to close and six months reserves
- Borrowers must have at least $500,000 in post-closing assets.
- All assets must be sourced and seasoned for a minimum of six months
- Loans up to $2.5 million
- 40 year fixed interest only available
- Purchase, cash-out, or rate-term refinance options
- For: Owner-occupied homes, second homes, investment properties, and non-warrantable condos
- Gift funds are allowed
- Up to 50% debt-to-income ratio (DTI)
- One year seasoning for foreclosure, short sale or deed-in-lieu
- Two years seasoning for bankruptcy