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Unconventional Mortgages - A Wealth of Information Resource & Service: (800) 718-8906

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Purchase Loan Options

All across the United States, borrowers are not receiving the quality mortgage services they merit. Our lenders specialize in offering loan programs tailored to accommodate sensible borrowing needs, ensuring personalized solutions that align with your specific requirements.

All We provide self-employed individuals access to financing options that meet their specific needs and financial circumstances.

Self-Employed Borrower Income Documentation Programs:

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. Non-QM mortgage lending is leveling out the playing field for buying power between the self-employed and wage-earners.

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Non-Qualified Mortgages

Borrowers without verifiable income and/or without verifiable employment, our Lending solutions help solve a wide variety of scenarios, some are unique and require additional assistance by a qualified loan officer with the knowledge and experience to structure a loan.

Self-Employed Borrowers

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 Lenders

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 Verification of Employment (VOE) guidelines, 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.