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.

6 Months Bank Statements - 660 minimum middle mortgage credit score - Business and/or Personal Bank Statements

This lender allows for either Personal or Business account statements and can be used with any qualified assets and requires a minimum credit score of 660 and goes to a maximum loan-to-value ratio (LTV) of 90% See details below:

Eligible Transactions:

  • Purchase

  • Refinance - Rate/Term and Cash Out

Eligible Occupancies

  • Owner-Occupied/Primary Residence

  • Second Homes

  • Investment Properties - 10 Maximum REO

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 and Owner-Occupied/Primary Residence:

Purchase and Rate/Term Refinance:

    • 85% LTV - $1,000,000

    • 80% LTV - $3,000,00

  • Cash Out Refinance

    • 75% LTV - $1,000,000

    • 70% LTV - $3,000,000

  • Second Home - Purchase and Rate/Term Refinance:

    • 70% LTV - 3,000,000

  • Cash Out Refinance - Second Home

    • 70% LTV - $3,000,000

2-4 Units:

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 and Second Home

    • 65% LTV - $3,000,000

 

  Mortgage Pre-Qualification Form - Credit Check Not Required   

 

Available in the Following States:

Alabama, Arizona, California, Colorado, Florida, Georgia, Hawaii, Illinois, Iowa, Maine, Maryland, Massachusetts, Nevada, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and Washington