Let your Realtors know not to turn away a borrower because they think they won’t qualify for a conventional loan. Non-QM can save a deal and close as quickly as a conventional loan.
Common situations include self-employed people who don’t have tax returns. Our Bank Statement program is perfect for self-employed borrowers and they can now own 50% of a business to still qualify. People with lower credit scores, recent foreclosures and other circumstances can still qualify as well.
Why work with anyone but the best in non-QM?
- 1 day out foreclosure, short sale, deed-in-lieu, or bankruptcy
- Up to 95% LTV / No MI (including Jumbo loans)
- 12 months personal or business bank statements
- Loans up to $3 million
- Non-warrantable condominiums allowed
- Owner-occupied, second homes and investment properties
- 30 year fixed rates with zero add-on to rate