Non-QM / Conventional Programs

Non-QM loans are aimed at borrowers with financial profiles that don’t meet the requirements of a typical qualified mortgage. This often involves an inconsistent or nontraditional income structure, a major credit event or high debt.

A condominium is deemed non-warrantable when it does not meet criteria by Fannie Mae and Freddie Mac to allow for mortgage financing. Beyond the homebuyer's qualifications for financing the purchase, both entities place additional expectations on the condo community.

Because Fannie Mae and Freddie Mac purchase conventional mortgages on the secondary market, if the condo doesn't meet its criteria, neither will purchase the loan.

We have a portfolio of products for non-warrantable condos or buildings going through 25-50 years recertification, which can help you successfully close on your purchase.

Bank Statement Programs are designed for self-employed or business owner individuals. The deposits made in the personal or business account of the individual for a period of 12 -24 months are considered as the source of income for qualification purposes.

  • Non income verification loan, qualification is based on rental income of the property and monthly payments.

Asset-based loans allow you to utilize your assets like stocks, bonds, cash, retirement funds, to determine if you qualify for a home loan. Instead of providing traditional income documentation, the lender classifies assets as income to compute the loan amount you are eligible for.