Non-Qualified Mortgage loans offer more opportunities for homebuyers who may have had difficulty qualifying for standard loan products due to unique circumstances such as self-employment and recent credit events.
NON-QM HIGHLIGHTS
- LTVs up to 95% with no mortgage insurance
- 12 and 24 month personal bank statement programs
- 12 and 24 month business bank statement program
- ≥ 50% borrower business ownership allowed
- CPA / Tax Preparer expense statement used for qualifying
- Ratios to 55%
- FICOs as low as 620
- Loan amounts to $2,000,000
- Programs for borrowers with recent credit events
- Cash out can be used for reserves
- Aggressive asset depletion program
Contact me to learn more about how you can qualify for a Non-QM home loan!
