Non-Traditional mortgages offer more flexible terms and underwriter guidelines. We have dozens of lenders covering every area of residential mortgage lending. Including Non-QM, Portfolio (QM and Non-QM), Prime, Non-Prime, Investor, Hard Money, and Business Purpose
Each loan scenario is large part is made up with the following core criteria: For instance, Loan Purpose, Loan-to-Value (LTV), Property Type, Zoning, Occupancy, Title Vesting, Business Entity, income, income documentation needs, employment documentation needs, reserves, credit scores/criteria, residual income. We have lenders that excel in every area.
Why mortgage brokers work with Non-QM Lenders? Non-Qualified lenders offer higher DTIs, flexible terms like 40-year amortization with and without Interest-Only periods, Lite Doc, Reduced Doc, No Doc, No Ratio, DSCR, P&L Only (borrower produced and unaudited), and other Alt Doc income and employment doc loan programs like Verbal Verification of Employment (VVOE), CPA (licensed tax professional) Letter, etc. which is ideal for business professionals and self-employed individuals, especially those with irregular income, multiple sources of income, multiple companies with various % of ownership) and of course complicated business and personal tax returns.
Unconventional mortgage financing stands out for its specialization in catering to individual borrower requirements, particularly benefiting self-employed individuals. Unconventional mortgages shine in this regard by providing a diverse array of options tailored to unique financial circumstances.
Diverse financing, exemplified by unconventional mortgages, distinguishes itself through its capacity to cater to the specific requirements of individual borrowers, particularly business professionals, small business owners and the self-employed borrower. These specialized mortgage products stand out by providing a wider range of options tailored to address the unique financial circumstances of each borrower. Unlike traditional mortgages, unconventional ones are designed to accommodate the distinct needs and challenges faced by self-employed individuals, offering flexible solutions that are responsive to their varied income sources and documentation requirements.
This 12-Month Bank Statement Jumbo Program is designed for self-employed borrowers and those with non-traditional income sources, providing flexible financing options for high-value properties. *
Prime and Non-Prime Bank Statement Options | Self-Employed Borrowers Portfolio Direct Lender is a direct lender with their own portfolio of loan products and programs,
Non-Prime Bank Statement Options Self-Employed Borrowers: Portfolio Direct Lender is a direct lender with their own portfolio of loan products and programs, and they make
1099 Only Super Jumbo Loan Program – $7,500,000 1099 mortgage loan programs accommodate Sole proprietors, Independent Contractors, and Freelance Professionals. Non-Occupying Co-Borrowers OK. On a
P&L Only Mortgage Loan Program The 12-Month P&L Only Loan Program offers a streamlined alternative documentation solution for borrowers with complex tax returns. Use profit
One-Year Lite Income Documentation | W2 Wage Earner Co-Borrower OK 620 Minimum Middle Credit Score – 75% LTV * Purpose: Purchase / Rate & Term
Five Alternative Income Verification Options – This Non-QM loan program uses bank statements in lieu of Traditional Income Documentation to determine a borrower’s Ability-to-Repay. Agency
The Real Estate Investor Program offers flexible income documentation options, including Full Doc or DSCR (Debt Service Coverage Ratio) Purpose: Purchase or Cash Out Refinance
12 Months Income Alternative to 24 Months As an alternative to the standard two years of income documentation, we have two options for you: either
Debt Service Coverage Ratio (DSCR) continues to be popular with real estate investors. Below are guidelines using Long- and Short-Term Rental Income. We can use
2024 Update: Credit Score Requirement: 680 Minimum Purpose: Purchase, Refinance and Cash Out Refinance ** Purchase and Rate/ Term Refinance to $3,500,000 & 80% LTV**
Qualifying for a mortgage on an investment property can be tricky, particularly if you own multiple properties. The DSCR (Debt Service Coverage Ratio) option makes
“DSCR” stands for Debt Service Coverage Ratio Loans. Additional loan programs information below.
DSCR First Time Investor Loan OK Our DSCR cash flow loan offers borrowers an interest-only option to qualify using the interest-only payment plus escrows. This
A Stand-Alone Second Mortgage, also known as a second lien mortgage, enables borrowers to unlock equity while retaining their current first lien mortgage and low
3 Month Business or Personal Bank Statement Loan Program Business Bank Statements or 3 Months Personal Bank Statements Our 3 Month Program is the alternative
Bank Statement Alt Doc Options Available – 2024 Updates We calculate your monthly income number (DTI purposes) before your loan is submitted to the underwriter
Bank Statement and Asset Depletion Non-QM loan program uses bank statements In lieu of Traditional Income Documentation to determine a borrower’s Ability-to-Repay. Agency – government
New Jumbo Guidelines with Loan Amounts to $10,000,000 Most Non-QM lenders require a 620 minimum credit score to qualify for 85% LTV Cash Out for
Jumbo and Super Jumbo – Cash-Out – 600 Credit Score Second Mortgages also Available. Private Money Lender, southern California based with LTVs up to 80%
Maximum Loan Amount: $4,000,000 Cash Out: $2,000,000 Specialized lender leads the way in the Non-Prime niche mortgage lending space with over 50 years of collective
Unconventional Real Estate Investor (DSCR) Loan Program Debt Service Coverage Ratio – 620 Minimum Credit Score Underwriter Guideline Highlights: * Maximum LTV 85% Purchase Transactions
Jumbo Bank Statement Program – 620 Credit Score Now you can use your 1099(s) for to qualify (sole proprietor) as additional income/”ability to repay” Self-Employed
Six Alternative Income Verification Options Non-QM loan program uses bank statements in lieu of Traditional Income Documentation to determine a borrower’s Ability-to-Repay. Agency – government
DSCR – Real Estate Investor Program to $5,000,000 Eligible Transactions – Purchase and Cash Out Refinance Employment Not Required. Income – Rental Leases or Appraisal.
Non-QM Alt Doc Bank Statement Loans to $10,000,000 Now you can use your 1099(s) to qualify as additional income/”ability to repay” (ATR) Non-QM loans are
This Alt Doc loan program is for buyers that have extraordinary or unconventional income and documentation including self-employed borrowers and fixed income along with previous
1 Year Full Doc (Lite Doc) Program – Lite Income and Reduced Employment Reduced doc loan program is for both W2 Wage Earner and Self-Employed
Lite Doc – 1 Year 1099 Only Income Documentation Program Purchase, Rate/Term – 600 Credit Score – 80% LTV – $1,500,000 Loan Amounts: $250.000 to
1-Month Bank Statement Loan for Self-Employed Borrowers This 1-Month Bank Statement Loan is a convenient solution for self-employed individuals seeking flexible income documentation. This Non-QM
3 Months Business Bank Statements or Personal Bank Statements Our 3 Month Program is the alternative to 6-month, 12-month and 24-month programs. We also have 1-month and 2-month
3 Months Business Bank Statements or 3 Months Personal Bank Statements Our 3 Month Program is the alternative to 6-month, 12-month and 24-month programs. We
Portfolio Mortgage Asset-based Income Documentation | Asset Based Lending * Debt-to-Income DTI (expense ratio) up to 55% Now you can use your 1099(s) for to
Self-Employed Bank Statement Super Jumbo loans Borrowers utilize 12 or 24 months of business bank statements to demonstrate their Ability to Repay, eliminating the need
Real Estate Investor Loan Program Designed for real estate investors, this Bank Statement loan can qualify investor income and self-employment income in different or multiple
Non-Qualified Mortgage Lender Serving California Business Owners Non-QM lender offering Non-QM loan programs to California self-employed borrowers. California business owners need flexible non-qualified underwriter guidelines
Hard Money Loan Program Guideline Overview Interest-Only Payment Term Available * Loan Amounts: * $250,000 – $7,500,000 Property Types: * SFR (Single Family Residence) *
1099 Only mortgage for Independent Contractors with one or two year self-employment histor.
12 Month Bridge Program Lending Partner with the Flexibility to Deliver Results 12 Month Bridge Loan allows Borrowers Access to the Equity in their Property
Foreign Nationals are buying properties now more than ever which means good & effective Buying Power for the foreign national and also more and more
1099 Only Lite Doc Income Documentation Bank Statement Loan | 660 Credit Score – 90% LTV to $1,500,000 Minimum Credit Scores: Portfolio Non-QM Lender Guidelines
DSCR Debt Service Coverage Ratio Loan Program Debt Service Coverage Ratio Loan Program Guidelines and Requirements Experienced Real Estate Investors – 25 Financed Properties –
Our ARV construction loan enables investors to finance the purchase and renovation of a property, leveraging the expected increase in value after repairs are completed.
Reduced Doc | 12 Months Reduced Income Documentation and Reduced Employment Verification Documentation We can help new business owners or self-employed borrowers who experienced a
Asset Depletion Income Program to 90% LTV Our asset depletion programs can also qualify your business as well as your personal bank (100% gross deposits)
Super Jumbo Second Mortgage Home Renovation Loan Program Renovations are hard work. Get your financing in line. Feel comfortable and confident your financing needs are
Purpose: Purchase Rate & Term Refinance – Rate & Term and Cash Out * Jumbo Bank Statement Loan to $5,000,000 * Maximum Loan Amounts: $5,000,000
Self-Employed Borrowers: Purchase 90% LTV, and Cash Out – 85% LTV ~ Self-employed borrowers can now take advantage of alternative income documentation with options to
Alt Doc Loans Bank Statement Loans Bank Statement Mortgages Jumbo Loan Programs Jumbo Loans
Bank Statement Mortgage – Wage Earner Jumbo and Super Jumbo Alt Doc Mortgage Purpose: Purchase, Rate/Term and Cash Out Lite Doc – W2 Wage Earner
6 Months Bank Statements – 660 Minimum Mortgage Credit Score Personal or Business account statements can be used with any qualified assets with a credit
Jumbo Second Mortgage Bank Statement Loan CLTV (Combined Loan-to-Value) / Loan Amount * 85% CLTV / $250,000 * 80% CLTV / $350,000 * 75% CLTV
Self-Employed Mortgage One Month Bank Statement Option One Month Bank Statement Loan for Self-Employed Borrowers: A flexible mortgage option for purchase, rate/term, or cash-out refinancing.
Conventional Lender – Minimal Overlays The condition “Purchase: Source & season Earnest Money Deposit in the amount of $XXXX is usually not required. Stock and
Interest-Only Non-QM Jumbo Mortgage Product Interest Only – $2,000,000 Eligible Transactions: Purchase; Refinance – Rate/Term; Refinance – Cash Out Non-QM Mortgage Loans /”Interest-Only” Payment Option
This loan program is designed for home-buyers (purchase transaction) and home-owners (refinance transaction) that do not want to provide (Form 4506-T not required and Form
Non-Qualified Mortgage Jumbo Programs This Non-QM mortgage product is from a Portfolio lender and has unique unseasoned employment and super jumbo loan amounts. Non-QM Income
12-Months and 24-Months Bank Statement 80% LTV Purchase up to $3,000,000 – 660 Credit Score with Six Months Reserves Cash Out Refinance up to $2,500,000
Self-Employed Borrower Income Documentation Portfolio direct lender functions as a direct lender boasting its unique portfolio loan of products and programs. They autonomously determine Non-QM
Self-Employed Borrowers – Forms 4506-T / 4506-C Not Required This Alt Doc Home Loan program allows you to qualify using bank statements, providing a flexible
Self-Employed Borrower Bank Statement Loan Program This mortgage program is for self-employed borrowers who write off too much on their taxes or do not do their
Niche Loan Non-Prime Mortgage Our non-prime jumbo mortgage loan program offers flexible financing options, allowing borrowers to qualify using either 12 or 24 months of
Alternative Income Documentation 600 Credit Score Bank Statement Month Options: 12 or 24 Months Business and/or Personal (Co-Mingled OK) Accounts More and more Self-Employed Americans
Unconventional Mortgages and Loans High 95% LTV Cash Out Financing 5% Down Payment for your Jumbo purchase or 95% LTV Jumbo financing for Rate /
Bank Statement Jumbo to 90% LTV Financing Guidelines * 12 Months Bank Statements or One Year 1099 “1099 Only Program” Sole proprietors can qualify for
Self-Employed Home Loan Program This kind of loan product is for the Self-Employed borrower that can produce a 1-year P&L along with a letter from
True Stated Income 2024 | Forms 4506-T and 4506-C Not Required An alternative to the “bank statement loan” program for the well-qualified self-employed borrower. You
Non-Prime Mortgage Loan Program- 580 Credit Score The co-borrower must have at least a 580 credit score and also must not have more than 42%
Manual Underwrite Super Jumbo Mortgage Super Jumbo Non-Conventional Mortgage Loan Program | Flexibility | Freedom | Buying Power Mortgage financing freedom ability available to purchase
Alt-Doc Mortgage Program | Forms 4506-T and 4506-C Not Required ** 90% LTV (loan-to-value) Financing ** $1,500,000 – Maximum Loan Amount: ** $3,500,000 – Maximum
Home Builder Construction Loan Program | Forms 4506-T and 4506-C Not Required This is a short-term construction loan for home builders for subject properties located
Non-Prime Super Jumbo Bank Statement Loan – 600 Credit Score Non-Prime Bank Statement Loans provide financing for borrowers with a 600+ credit score. Self-employed individuals
Soft Money Mortgage Program Exceptions made to 75% LTV for qualifying counties in the state of California. This means that the pricing is less than
High LTV Super Jumbo Commercial Loan Program Meet our Commercial Jumbo Loan Program offering up to 80% LTV on loans up to $6,000,000. Perfect for
Nationwide Private Mortgage Lender This is a Private Money lender that has funded thousands of loans nationwide, and makes all decisions in-house with over $200,000,000
Self Employed 1099 Only and Bank Statement Home Loans The Non-QM Mortgage Loan Program offers flexible solutions for self-employed borrowers, including 1099-only for Sole Proprietor
Asset-Based Qualification Program – No 4506-C This is both a Stated Income and Asset Depletion loan program and it is designed for the high-net-worth borrower
Self Employed 1099 Only and Bank Statement Home Loans This loan program is for home buyers and homeowners that have a few late payments or
Non-Prime Alt Doc Self-Employed Program Non-Prime mortgages are not only for challenged credit borrowers, but also good and excellent credit borrowers that require a higher
This hard money lender will do primary residential loans which are somewhat rare. Similar to a Business Purpose Mortgage Loan Purpose: Purchase, Refinance, and Rate
High LTV Hard Money Jumbo Loan This hard money loan program can be applied to a variety of loan types including Fix and Flip, Blanket
Inherited Property Financing 80% Loan-to-Value (LTV) This loan program is for people that have lost a family member and would like to keep the home.
Jumbo Second Mortgage Alt Doc – Form 4506-T Not Required 80% LTV 2nd mortgage to $350,000 Alt-Doc for Self-Employed Borrowers and Full Doc for everyone.
EXCERPT FROM CONTENT EDIT True No Doc Home Loan
Qualifying Criteria for this loan program are Asset Based. This program can also be used to supplement additional alt doc programs such as Bank Statements
Income Documentation Alternative for the Well Qualified Self-Employed Borrower November 2024 Stated Income Loan – Tax Returns Not Required This Stated Income Mortgage loan program
Maximum Loan Amount – $3,000,000 This investment property loan program provides up to $3,000,000 for purchases and rate-term refinances, with cash-out refinancing available up to
Non-Prime – One Day Out of a Short Sale or Foreclosure This loan is for people that have recently either foreclosed or short sold their
Asset Depletion Jumbo Loan Self Employed and W-2 Wage Earner Co-Borrower ~ 660 Mortgage Credit Score – 80% LTV to 2 million ~ 640 Mortgage
Income Documentation Self-Employed Alternative + 55% DTI 24 Months Business or Personal Bank Statement Program ** $3,000,000 Loan Amount – 55% DTI** $2,500,000 Loan Amount
Stated Income / Verified Assets -Minimum Credit Score – 660 Maximum Financing 70% LTV Self-Employed Income Documentation *Form 4506-C Not Required Loan Amounts: * $200,000
Bank Statement Loans for Self Employed Borrowers Whether you’re purchasing your first home or expanding your real estate portfolio, these loans adapt to your income
Discover our comprehensive Bank Statement Non-Prime Loan Program, offering flexible solutions for diverse financial profiles on our Non-Prime mortgages.
Jumbo Purchase Loan for the First-Time Homebuyer to $1,000,000 Eligible Transactions: Purchase. See refinance loans Loan Amounts to $2,500,000 First Time Homebuyer to $1,000,000 –
Hard Money Super Jumbo Mortgage program Super Jumbo Loan Amounts: $5,000,000 and up to $10,000,000 on a case-by-case basis. Eligible Transactions Eligible for a variety
Stated Income Primary Residence Mortgage Program True Stated Income eligible on primary residence. Include multi-unit owner-occupied investment properties. Form 4506-C not required. This program can
Primary Borrower – Self-Employed Home Loan Bank Statement Loans are ideal for self-employed borrowers, defined as those with at least 25% ownership in a company.
This loan program can be a “stand-alone” second mortgage or used in conjunction with a first mortgage close usually to achieve the desired LTV. 720
Non-Prime Jumbo Program Loan Amount – $3,500,000 600 Credit Score Jumbo Mortgage Program, designed to provide accessible financing solutions for discerning investors. With loan amounts
Jumbo Loan Amounts: $2,500,000 Maximum Unlock your home’s equity with a jumbo cash-out refinance. Borrow up to $2,500,000 with maximum loan-to-value (LTV) of 85%. Eligible
Unique Investor Loan Program real-estate-investor-cash-out/Designed for real estate investors, this Bank Statement loan can qualify investor income and self-employment income in different or multiple accounts.
This Jumbo Loan Program is for Borrowers with Less Than Perfect Credit Jumbo Loan Amounts to $4,000,000 | Maximum Cash Out – $1,500,000 Credit Score
Commercial Mortgage Stated Income This Commercial Mortgage Loan Program Does Not Require Tax Returns or W-2’s Credit Score: 660 Middle Credit Score Loan Purpose:* Purchase*
Nontraditional Credit Loan Program | 620 Credit Score Required This loan is for borrowers that don’t have or don’t have enough traditional credit; credit that
96.5% LTV with 630 Credit Score Purchase and Rate and Term Refinance Only. No Cash Out 55% Maximum Debt Ratio DTI * Owner Occupied Only
Real Estate Investor Loan: Up to 12 Financed Properties OK Borrower can own unlimited properties, but only 10 can have a mortgage lien 680 Middle
Income and Asset Documentation Not Required Forms 4506-T and 4506-C Not Required Update: September 2023 Tax Returns Not Needed for Self Employed or W-2 Employees
No down payment home.
Manufactured Home Loan Programs 680 Credit Score, Minimum 50% – Maximum Debt-to-Income Ratio DTI No Cash Out All Automated Underwriting Owner-Occupied Only FHA Maximum LTV:
Loan Purpose: 97% LTV Purchases Rate/Term and Cash Out Refinance Unlimited acreage I multiple parcels Max Loan Amount $550,000 Terms: Fixed & Arms available Eligible
Portfolio Mortgage Program Highlights 2024 * FHLMC Super-Conforming * FNMA unpermitted space ok if documented per guidelines * Transferred appraisals ok on most programs- *
Cash Grant for Repairs This is a government program available to most borrowers. The government likes it when a homeowner buys in a rough area
Qualify on a Lite Doc – 12 Month Bank Statement Program 12 Month Average Gross Deposits in-lieu of Traditional Income Documentation Self-Employed Borrower’s Only –
Home Equity Line of Credit Options Get Approved for a low-rate Home Equity Line of Credit that allows you to Borrower and Re-borrower. A Home
Non-QM Mortgage Broker Loan Purpose: Purchase; Rate/Term and Cash Out Refinance; Construction; Commercial; Acquisition For the Super Jumbo Loan Program facilitated by our Non-QM Mortgage
Jumbo Mortgage Portfolio Bank Loan – Highlights * Alternative Lite Doc income documentation: 1099 Only to $3,000,000 * This Bank Loan Super Jumbo is a
Access an easy home loan up to $4,000,000 based on stated income, with a minimum credit score of 740. Skip the hassle and stress of
We now also have Bank Statement Second Mortgages – September 2023 * Maximum Loan Amount: $750,000 Purpose: * Stand-Alone Second * Purchase Piggy-Back Second Mortgage
Submit your application for 48-hour approvals! Conforming, Jumbo Conforming, FHA loan programs Full and Lite Doc income documentation programs Up to 64.9% Debt to Income
Real Estate Investor Program SFR, Condos, 2-4 Units Investors,1-10 Financed Properties allowed even if non-owner occupied 10-, 25- and 40-Day Locks Available on All Loans
Super Jumbo Hard Money Loan Program 1st, 2nd, and 3rd Stand-Alone Mortgage | Forms 4506-T and 4506-C Not Required LTV – 70% to 75% depending
Hard Money Loan Program All Property Types (Except Land & Manufactured Homes) 1st Trust Deeds Available and 2nd Trust Deed HELOC’s from $250,000 – $10,000,000
Jumbo Second Mortgage | Alt Doc + Minimum Mortgage Credit Score: 680 Available Terms – 15- or 20 Year Fixed Rate Second Mortgages. Available for
A lender committed to providing gap financing solutions 1st and 2nd Loan Packages Cross collateralization for larger loan sizes Fast underwriting decisions and funding Additional
Jumbo Cash-Out Refinance Loan – DTI to 55% Jumbo Mortgage Cash-Out Refinance – 680 Credit Score This special jumbo cash-out refinance loan program allows homeowners