A Wealth of Information and Service - Contact a Loan Officer (800) 718-8906
A Wealth of Information and Service - Contact a Loan Officer (800) 718-8906
Contact a Loan Officer
All across the United States, borrowers are not receiving the quality mortgage service. Our lenders specialize in sensible underwriter guidelines, sensible loan approvals and reasonable approval conditions. We start by understanding borrower needs and requirements.
Our unconventional purchase loans open a new world of real estate finance possibilities. Obtain the mortgage credit you feel you deserve.
1099 Only Loans, Bank Statement Loans, DSCR Mortgages, Stated Income, No Doc Mortgages and Loans, Asset Depletion / Asset Utilization, Lite Doc, Reduced Doc and other income documentation options.
Complex income and unique approval conditions specific to your approval solution. Meet diverse financial profiles with custom approvals. Expand your options today.
Discover new real estate financing opportunities with our extraordinary purchase loans.
Borrowers that have unverifiable, unseasoned, or unique employment scenarios can require the knowledge and experience of a qualified loan officer to properly structure your loan;
properly pre qualify you (to save time and to set proper expectations) early in the process (pre full application), methodically secure and process your approval, strategically expedite your close of escrow date. Your business purpose or primary residence mortgage needs is our opportunity to create real estate finance solutions.
We can help simplify documentation surrounding complicated tax return business or Personal (W2’s, 1099’s, investor income) or income documentation from numerous sources of business income, K1’s, Schedule “C”, and/or streams of income such as interest income, distribution income (unseasoned OK!)), dividend income, rental income, capital gains, royalties, and licensing. We can help streamline the most complicated scenarios for lending purposes.
Non-Qualified Mortgage (Non-QM) guidelines stem from the Ability to Repay Rule (ATR) within the Dodd-Frank Act. These guidelines offer more lenient underwriting standards compared to Qualified Mortgages (QM).
Non-QM features include Interest-Only options, 40-year amortization periods, alternative income documentation, reduced employment seasoning requirements, and flexible full doc, bank statement, and 1099 debt ratio‘s allowing for a 55% debt-to-income ratio (DTI). QM loans cap DTI at 43%. Moreover, Non-QM Automated Underwriter System (AUS) approvals are now accessible.
The Non-Qualified Mortgage (Non-QM) industry continuously updates its loan program guidelines in the Non-QM mortgage market. It offers competitive interest rates alongside reasonable approval conditions tailored to borrowers’ needs.