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In addition to traditional refinance options, we specialize in Non-QM mortgage alternatives, offering flexibility beyond conventional lending criteria. Non-QM loans cater to borrowers who do not qualify for standard mortgage guidelines, featuring adaptable underwriting and financing solutions.
If you are self-employed, and want to learn more, you should take a look at these alt doc programs: Bank Statement Programs, Stated Income Programs, No Doc Programs, Asset Depletion/Asset Utilization Programs, Lite Doc, and Reduced Doc programs.
Mortgage Underwriting Guidelines: Essential for mortgage underwriters to comprehend thoroughly, encompassing both new and existing regulations.
Underwriting Process: Lenders employ underwriting to determine mortgage approval or denial, crucial in the mortgage application process.
Eligibility: Homeowners can qualify with a mortgage LTV up to 97% and a DTI of 65% or less.
Refinance Requirements: Varies based on the type of refinance chosen, loan program, and the purpose behind refinancing.
Refi Possible: Offers flexible underwriting requirements, including no minimum requirement for Loan Product Advisor and manually underwritten mortgages. If you have several outstanding bills, you may want to consider refinancing your home and using the cash to consolidate and pay off your other high interest rate debts. The monthly savings could be substantial.
Utilize the equity in your home to access cash out for any purpose. Can help you evaluate the potential benefits and qualifications necessary for a new home loan.