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Unconventional Mortgages - A Wealth of Information and Service: (800) 718-8906
Non-Prime Mortgage Lending offers a diverse spectrum of mortgage options, our non-prime mortgage products cater to borrowers with varying credit profiles and financial circumstances. With our Full Doc option, applicants with a minimum FICO score of 560 can access financing, while those opting for Bank Statements need a minimum FICO score of 600.
Non-Prime and Unique Income Documentation
Non-prime alternative income and employment documentation starts with a 600 credit score. 580 credit score with compensating factors. Find out what you qualify for without a credit check with our comprehensive short application.
We understand the complexities of income documentation, hence why we accept 1099 income only and offer flexibility with Written Verification of Employment (WVOE) and P&L statements, even if unaudited and provided by tax (not sourced) preparers.
Flexible Loan Program Guidelines
Our commitment to flexibility extends beyond income verification. With our Asset-Based approach, we evaluate borrowers’ ability to repay without being limited to a “Debt-to-Income” (DTI) ratio. Additionally, we consider Asset Utilization and offer loan amounts ranging up to $5,000,000, with larger amounts considered on a case-by-case basis. We specialize in financing properties that may not meet traditional lending criteria, including Condotels, Non-Warrantable Condos, Short-Term Rentals, Adult Care Facilities, Rural properties, and Manufactured or Modular homes classified as real property.
Recent Credit Life Events
Furthermore, our non-prime mortgage products accommodate borrowers with recent credit events such as Short Sale, Deed in Lieu, Modification, Bankruptcy, or Foreclosure, with acceptable occurrences within specific timeframes. Additionally, we provide options for Interest-Only payments with both 5/30-year and 10/40-year terms. With a focus on meeting diverse borrower needs, our non-prime mortgages offer flexibility, accessibility, and tailored solutions for a wide range of applicants
Non-Prime Mortgages – Do You Qualify
Regarding credit, typically, non-prime lender guidelines allow for derogatory credit like one day after “major credit event” such as a bankruptcy, foreclosure, short sale, deed-in-lieu, mortgage lates (up to 1×60 days late) in the previous 18 months and lower credit scores down to 520 for both conventional and unconventional, Non-Qualified mortgage loans.
Flex Supreme, a leading Non-QM loan program offering top-tier pricing for financially stable borrowers with or without credit challenges. Ideal for non-prime lending solutions.
Portfolio Direct Lender is a direct lender with their own portfolio of loan products and programs, and they make their own Non-QM and Non-Prime manual underwriting decisions. Some Portfolio lenders can also be a bank that lends their own money
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 – government regulated. Non-QM is manually underwritten per investor guidelines as well as underwriter discretion.. Non-QM
No Income verification super jumbo Loan up to $30 Million. Access high-value financing without income documentation or employment history. Ideal for self-employed, retirees, day traders, and those with unconventional income. If you have strong equity, this program is tailored for you.
Discover our comprehensive Bank Statement Non-Prime Loan Program, offering flexible solutions for diverse financial profiles on our Non-Prime mortgages.
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 recently experienced a housing event such as bankruptcy, foreclosure, or short sale. Non-Prime mortgages are
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 and Non-Prime manual underwriting decisions. Moreover, portfolio lenders have the capability to lend their own
Jumbo Bank Statement Program – 620 Credit Score Self-Employed including Sole Proprietor 1099 Independent Contractors as well as W2 Commission Professionals. Now you can also use your 1099(s) for to qualify (sole proprietor) as additional income/”ability to repay” 3 Bank
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 wholesale lending and loan origination experience and have streamlined the approval and escrow work flow
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 their own Non-QM and Non-Prime manual underwriting decisions. Some Portfolio lenders can also lend their
Non-Prime Super Jumbo Loans up to $5,000,000 for self-employed borrowers. Use 12 or 24 months of business bank statements to demonstrate your ability to repay, eliminating the need for traditional income verification. Ideal for high-net-worth individuals seeking flexible financing.
Foreign Nationals are buying properties now more than ever which means good & effective Buying Power for the foreign national and also more and more experience for us with the Foreign National mortgage loan programs. Purpose: Purchase, Cash Out Refinance
Flex Supreme, a leading Non-QM loan program offering top-tier pricing for financially stable borrowers with or without credit challenges. Ideal for non-prime lending solutions.
No Income verification super jumbo Loan up to $30 Million. Access high-value financing without income documentation or employment history. Ideal for self-employed, retirees, day traders, and those with unconventional income. If you have strong equity, this program is tailored for you.
Discover our comprehensive Bank Statement Non-Prime Loan Program, offering flexible solutions for diverse financial profiles on our Non-Prime mortgages.
Non-Prime Super Jumbo Loans up to $5,000,000 for self-employed borrowers. Use 12 or 24 months of business bank statements to demonstrate your ability to repay, eliminating the need for traditional income verification. Ideal for high-net-worth individuals seeking flexible financing.
Flex Supreme, a leading Non-QM loan program offering top-tier pricing for financially stable borrowers with or without credit challenges. Ideal for non-prime lending solutions.
Portfolio Direct Lender is a direct lender with their own portfolio of loan products and programs, and they make their own Non-QM and Non-Prime manual
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 –
No Income verification super jumbo Loan up to $30 Million. Access high-value financing without income documentation or employment history. Ideal for self-employed, retirees, day traders, and those with unconventional income. If you have strong equity, this program is tailored for you.
Discover our comprehensive Bank Statement Non-Prime Loan Program, offering flexible solutions for diverse financial profiles on our Non-Prime mortgages.
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
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
Jumbo Bank Statement Program – 620 Credit Score Self-Employed including Sole Proprietor 1099 Independent Contractors as well as W2 Commission Professionals. Now you can also
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
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
Non-Prime Super Jumbo Loans up to $5,000,000 for self-employed borrowers. Use 12 or 24 months of business bank statements to demonstrate your ability to repay, eliminating the need for traditional income verification. Ideal for high-net-worth individuals seeking flexible financing.
Foreign Nationals are buying properties now more than ever which means good & effective Buying Power for the foreign national and also more and more