Insights
Utilizing Qualified Assets for Mortgage Approval: A Non-QM Solution for Self-Employed Borrowers
Self-employed individuals often face challenges when it comes to qualifying for a loan. We offer a non-qm loan program called asset utilization allowing the utilization of qualified assets to qualify for a mortgage. In this scenario, we explore how a borrower with 16 months of self-employment and a 722 FICO score successfully purchases a second home using their assets for qualification. The...
A Non-QM Solution for ITIN Borrowers: Self-Employed ITIN Card Holders Can Qualify for an ITIN Loan
In today's diverse and globalized world, many individuals living and working in the United States may not possess United States Citizenship. However, this should not hinder their dreams of homeownership. In this blog post, we will explore a non-QM (non-qualified mortgage) solution that enables ITIN (Individual Taxpayer Identification Number) borrowers to purchase a primary home. Scenario Overview:...
Non-QM Second Mortgage: A Solution for Debt Consolidation
Are you a borrower looking to consolidate your debt while keeping your current interest rate on your first lien mortgage? Look no further than our Second Mortgage product. With this innovative solution, you can obtain a stand-alone second mortgage using alternative income calculations, allowing you to consolidate your debt and improve your financial situation. Let's explore how this product can...
5-10 Unit Properties Attached and Detached with Restrictions
The 5-10 unit property investment market offers unique prospects for real estate investors, but entering this arena comes with a distinct set of criteria and restrictions. At NonQmFunding.com, we specialize in catering to these specific needs, ensuring that potential investors are equipped with the right knowledge and financing options to make informed decisions in this lucrative field. Here are some...
Unique Property Financing
We are dedicated to assisting you in uncovering the remarkable opportunities presented by distinctive properties. Our expertise lies in providing financing solutions for various property types that frequently do not fit within the confines of traditional lending practices.Adult Care FacilitiesShort Term RentalsCondotelsManufactured HomesRural PropertiesMixed UseNon-Warrantable CondosAt...
Jumbo Loans with No Credit History Program
At NonQmFunding.com, we specialize in Jumbo No Credit and Limited Credit financing, catering to borrowers in all 50 states and DC. Our loan options range from $100,000 to $5,000,000, ensuring that we can assist individuals facing various credit challenges. We understand that the reasons for limited credit profiles can be diverse. That's why we're here to provide solutions for borrowers who have...