Build Your Pipeline with Limited Docs Non-QM
Get more ways to qualify your borrower with this flexible Non-QM program. Qualify using:
Streamline WVOE - Working for family and 1099 borrowers allowed
P&L Only – 3rd party using PTIN tax preparer
Asset Utilization – divided by 60 months
Have a Look at the Guideline Highlights
Loans from $150K to $3.0M
FICOs from 660
30- and 15-Year Fixed
Interest-Only offered on 30-year fixed
Purchase and R&T up to 80% LTV
Cash-out up to 75%
SFR, Condo, non-warrantable Condo, PUD, 2-4 Units
Rural properties allowed up to 5 acres
Primary, second home, and investment
U.S. Citizens, Permanent Resident, Non-Permanent Residents
ITIN borrowers allowed on WVOE and P&L only
No AUS and No 4506-C
Max DTI 50%
Living rent free allowed
1099 borrowers cannot have any ownership in the company
Appraisal Transfers Accepted
WHO ARE YOUR IDEAL CANDIDATES FOR THIS PROGRAM?
Cash businesses
Businesses with seasonal income, and/or make intermittent deposits that do not follow a regular predictable pattern on a week-to-week, or month-to-month basis
Businesses that have been in operation for at least one year with prior employment in the same line of work
Wage earners who do not receive typical paychecks
Wage earners who change their payments to 1099