N-QM Funding Offers the Following Loan Programs
As a leading prime jumbo mortgage lender, our Flex Supreme loan program offers competitive rates for highly qualified borrowers with strong credit, stable employment, and a solid financial history.Whether you’re looking to purchase, refinance, or cash out (up to $1M), this program provides flexible documentation options, including 12 or 24-month bank statements, 1099 income, or asset utilization, ensuring you meet the “Ability-to-Repay” Rule requirements commonsense, not underwriter guidelines. under the Dodd-Frank Act.
Non-Prime/ Non-QM Jumbo Program
N-QM is a fairly new Non-QM lender. However, they’re well on their way to the top of the Non-Qualified lending space as they are eager to fund loans as they aim to please their brokers as they increase their market ownership.
N-QM is “price matching” any other lender on a comparable loan program. N-QM Funding programs waterfall offering the best pricing for the most qualified borrowers who do not have any credit challenges and possess very stable employment, income and assets history.
Income Documentation
1 or 2 Years 12 month history Lite Doc and 24 months Alt Doc: 12 or 24 Months Bank Statements, 1 or 2 Years 1099, Asset Utilization also eligible to help DTI qualify or to show an “Ability-to-Repay” (Dodd-Frank Act).
Cash Out OK Maximum Cash Out (cash-in-hand) – $1,500,000
Prime jumbo purchase, refinance with or without cash out mortgage loan programs are designed for high-value property purchases and refinancing, including rate/term and cash-out options.
These loans offer flexible income documentation, including 12 or 24 months of bank statements, 1099 forms, or asset utilization, helping to meet the Ability-to-Repay rule.
This Non-QM mortgage option is ideal for those who need alternative methods to prove income and qualify for large loan amounts.
Investor DSCR 5-10 Units or 2-8 Mixed Use
P&L and 2 Month Bank Statement
Mortgage Pre-Qualification Form – No Credit Check
Check back often as we are always updating our lender and loan program information.