Conventional mortgage guidelines do not work for every borrower. Self-employed business owners, real estate investors, foreign nationals, and borrowers with complex income often find themselves denied by conventional lenders, even when they are financially strong. Below are some of the specialty programs and solutions that make our Non-QM platform stand apart.
1-Year Bank Statement and 1099 Programs Up to 90% LTV
Many self-employed borrowers have strong cash flow but minimal taxable income due to business deductions and write-offs. Our 1-Year Bank Statement and 1099 programs allow borrowers to qualify based on actual deposits rather than tax returns.
Program highlights include
- Up to 90% loan-to-value financing
- 1-year bank statement qualification
- 1099-only income options
- Expense factors starting as low as 10-20%
- Flexible treatment for businesses with multiple employees
Bridge Loans Eliminate DTI Problems
One of the most common problems homeowners face when purchasing a new property is carrying the debt from their departing residence. Our bridge loan solutions are specifically designed to solve that issue.
Features include
- Departing residence excluded from debt-to-income calculations
- Up to 12 months to sell the departing home
- Interest-only and interest-deferred options
- No out-of-pocket mortgage payments during the bridge period in many cases
- Stand-alone or simultaneous bridge loan structures are available
DSCR Financing for Real Estate Investors
Debt Service Coverage Ratio (DSCR) loans remain one of the most powerful tools available to real estate investors.
Our investor programs include
- DSCR financing up to 85% LTV
- Ability to use the greater of lease income or 1007 market rents
- 5-10 unit DSCR properties available in certain states
- Qualification options with a 0 DSCR ratio in some scenarios
Financing for Non-Warrantable Condos and Condotels
Many traditional lenders avoid non-warrantable condos and condotel projects entirely.
We specialize in financing complex property types.
- Non-warrantable condominiums
- Condotels
- Unique investor properties
- Foreign national borrower transactions
Cannabis Industry Income Accepted
Many banks and lenders still struggle with cannabis-related income, even in states where the industry is fully legal.
We offer financing solutions.
- Cannabis dispensary owners
- Cannabis industry employees
- Self-employed cannabis operators
- W-2 cannabis income
- Bank statement qualification for cannabis-related businesses
Minimum Loan Amounts Starting at $75,000
Whether financing a small investment property or a large portfolio acquisition, we offer loan sizing with minimum loan amounts starting at $75,000.
Contact our office and speak to a professional who can give more insight into our non-QM loan programs. We have plenty of them.
