Contact a Qualified Loan Officer (800) 718-8906
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 do this by understanding borrower needs and requirements.
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.
Our unconventional purchase loans open a new world of real estate finance possibilities. Obtain the mortgage credit you feel you deserve.
Discover new real estate financing opportunities with our extraordinary purchase loan programs, designed for borrowers who want a Non-QM mortgage lender. Our unconventional loan options cater to those seeking flexible lending solutions, ideal for buyers who may not qualify for traditional mortgages.
With our Non-QM mortgage options, you can achieve the credit access you deserve. Whether you’re self-employed, have complex income, or need unique loan terms, our program offers customized solutions to meet diverse financial profiles, expanding your options in today’s competitive real estate market.
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.
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 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.