NonQmFunding.com considers the bigger picture when it comes to lending. Unlike other lenders who may only require one source of income, our Non-QM programs allow for multiple sources of income to be used, ensuring that your borrowers’ entire income stream is taken into account.
Highlights of our Non-QM Loans
- Income can be documented using a mix of bank statements, P&L, W2, and asset conversion
- FICO scores can go as low as 550
- Maximum LTV available is 90%
- DTI can go up to 50%
- Loan amounts can reach up to $3.5M
- Loan terms can extend up to 40 years
- DSCR can be as low as ≥ .75
- Only 1 day out of bankruptcy, foreclosure, or short sale required
- Borrower-disputed accounts do not have to be removed from the credit report
Our goal is to assist you in finding the ideal solution for your non-QM borrowers. With our capability to combine various income documentation, the options are limitless!
