Non QM loans
Life happens and not everyone has perfect credit or two years of stable income. That doesn’t mean you shouldn’t be able to buy a home. This rapidly growing section of the mortgage market gives buyers options even if they don’t qualify for traditional financing
Alt-A | Key Features
Loan amounts from $75,000 to $3,000,000
Down payments as low as 10%
No mortgage insurance
Credit scores as low as 600
Two years seasoning for foreclosure or bankruptcy
Asset qualification and asset depletion available.
1 year tax return program available
Can be used for purchase or refinance
Bank Statement Loans | Key Features
Loan amounts from $150,000 to $3,000,000
Down payments as low as 10%
No mortgage insurance
Credit scores as low as 600
Two years seasoning for foreclosure or bankruptcy
No tax returns required
1 year personal and business bank statements required
two year history required for self employed borrowers
Non-Prime | Key Features
Loan amounts from $75,000 to $1,000,000
Down payments as low as 10%
No mortgage insurance
Credit scores as low as 500
One day out of foreclosure or bankruptcy
Limited credit can be considered
Up to 50% DTI considered
