Discover the Flexibility of Non-Agency Programs
Our non-agency programs are tailored to meet the unique demands of unique borrowers who potentially do not qualify for a mortgage using the conventional route. Our Non-QM programs open up a galaxy of options for every borrower, ensuring we can find the perfect fit for your financial needs.
One of the standout features of our offerings is our P&L program, which requires no bank statements.
Program Highlights
– Debt-to-Income (DTI) Ratio: We offer a generous DTI ratio of up to 50%, providing flexibility for borrowers with varying financial profiles.
– Credit Score Requirements: A minimum FICO score of 660 ensures access to our programs for a wide range of credit profiles.
– Buydown Options: Use 1/0 or 2/1 buydowns to manage your initial mortgage payments effectively.
– Loan Amounts: We offer a maximum loan of $3.5 million, accommodating modest and substantial borrowing needs.
– Loan-to-Value (LTV) Ratios: Enjoy up to 80% max LTV for purchase and rate/term refinances, providing substantial borrowing power.
– First-Time Homebuyers (FTHB) & Non-Occupant Co-Borrowers: Our programs welcome first-time homebuyers and allow non-occupant co-borrowers, expanding your loan options.
– Cash-Out Options: Access up to $1 million in cash-out, which can also be used as reserves, and up to 75% cash-out, including delayed financing.
– Appraisal Requirements: Only one appraisal is needed for loan amounts up to $2 million, simplifying the process and reducing costs.
– Loan Terms: Choose from 40-year fixed and 40-year full amortization 5/6 & 7/6 ARMs, offering long-term stability and flexibility.
– Funding Options: We accept gift funds, gift of equity, and business funds, providing additional avenues to secure your loan.
We are committed to providing flexible, innovative solutions that cater to the unique needs of our unique clients. Contact our office for more information about non-qm mortgage programs.
