Alternative Income Documentation for Self-Employed and W2 Commission Business Professionals

This 6 Month Super Jumbo Bank Statement Non-Qualified Mortgage (Non-QM) Loan program is for all residential property types and occupancy types including investment properties. This lender requires a minimum credit score of 660 and goes to a maximum loan-to-value ratio (LTV) of 80% See details below:

6 Months Business and/or Personal Bank Statements - 660 Minimum Middle Credit Score

Eligible Transactions:

  • Purchase

  • Refinance - Rate/Term

  • Refinance - Cash Out

Eligible Occupancies

  • Owner-Occupied / Primary Residence

  • Second Homes

  • Investment Properties - 6 Maximum

Eligible Property Types

  • Single Family Residence (SFR)

  • Condominiums (including non-warrantable condos)

  • Planned Urban Development (PUD's)

  • 2 - 4 Unit

SFR, Condos, and PUD's: Owner-Occupied / Primary Residence

  • Purchase and Rate / Term Refinance

    • 80% LTV - $1,000,000

    • 75% LTV - $3,000,00

  • Cash Out Refinance

    • 70% LTV - $1,000,000

    • 65% LTV - $3,000,000

Second Home - Purchase and Rate/Term Refinance

    • 65% LTV - 3,000,000

Second Home - Cash Out Refinance:

    • 65% LTV - $3,000,000

2-4 Unit's

Purchase/Rate and Term

  • Owner-Occupied / Second Home

    • 70% LTV - $3,000,000

  • Owner Occupied / Second Home - Cash Out Refinance

    • 65% LTV - $3,000,000

SFR, 1-4 Units, Condos & PUD's

Purchase and Rate/Term Refinance

  • Investment Property

    • 70% LTV - $3,000,000

Cash Out Refinance

  • Investment Property

    • 65% LTV - $3,000,000

Purchase/Rate and Term

  • Owner-Occupied / Second Home

    • 70% LTV - $3,000,000

  • Owner Occupied / Second Home

    • 65% LTV - $3,000,000

6 Months Business and/or Personal Bank Statements

States:

Alabama | Arizona | California | Colorado | Florida | Georgia | Hawaii | Illinois | Iowa | Kansas | Kentucky | Louisiana | Maine | Maryland | Massachusetts | Nevada | Oklahoma | Oregon | Pennsylvania | South Carolina | Tennessee | Texas | Virginia | Washington