A Non-QM loan, or a non-qualified mortgage,
is a type of mortgage loan that allows you to
qualify based on alternative methods, instead of
the traditional income verification required for
most loans.
This is a mortgage option for borrowers who are
looking to purchase or refinance N/O/O SFR,
Condo, and 2-4-unit properties. Long term (30
years) loans with NO balloon payments and
Interest only options are available. You can
count on many options for prepayment
privileges and impounding for your property
taxes/insurance.
No Income Proof Needed
All Loans are N.I.V. (No Income Verified)
No Income stated on 1003
LTV up to 80%
DSCR ratios as low as . 75
Rates as low as 4.50%
Loan Amounts from $100,000 - $3,000,000
Lending to LLC's, S-Corp, C-Corps, Trusts or Individuals.
Property Types Include: SFR, Condo, 2-4 Units
Interest Only Option Available
Foreign Nationals - OK
100% Gift Funds - OK
This is a mortgage option for borrowers who are
looking to purchase or refinance N/O/O SFR,
Condo, and 2-4-unit properties. Long term (30
years) loans with NO balloon payments and
Interest only options are available. You can
count on many options for prepayment
privileges and impounding for your property
taxes/insurance.
No Balloon payments - 30 year fully amortized
No Income Proof Needed
All Loans are N.I.V. (No Income Verified)
No Income stated on 1003
LTV up to 75%
No DTI Ratios
No DSCR calculated
Rates as low as 5.50%
Loan Amounts from $100,000 - $3,000,000
Lending to LLC's, S-Corp, C-Corps, Trusts or Individuals.
Property Types Include: SFR, Condo, Condotels, 2-4 Units
Interest Only Option Available
Foreign Nationals - OK