theLender is proud to introduce our new Non QM Program Series

We have always set out to make a huge impact for our partners so they can grow their business but this time we really outdid ourselves. Our NON-QM products are truly a work of art and we believe it offers everything needed in the current NON-QM space and then some. Combine that with our state of the art technology and everyone wins. Take a look for yourself, we promise you won’t be disappointed.


Resources

 
 
 
View Non QHEM & Non QHEM Plus Matrix
View Foreign National Matrix
 

1 Page Bank Statement

Results without all the BS
(Bank Statements, that is!)

  • Page 1 of the Business Bank Statement reflecting the company on the P&L
  • Qualify off the P&L only: nothing more, nothing less
  • 12 or 24 month P&L OK
  • Purchase LTV’s up to 90%
  • Cash-Out LTV’s up to 80%
  • Loan Amounts up to $4MM
  • DTI up to 50%
  • 50% business ownership required

Asset Qualifier:

For those sitting stacks of cash looking to push their savings to work

  • Minimum Eligible Assets required is the lower of $1,000,000 or 150% of the loan balance.
  • Qualifying income based upon Total Assets Eligible for Depletion, less down payment, less out of pocket closing costs, less required reserves, divided by 84.
  • Maximum DTI 43%. Rental Income
  • Rental properties are calculated based on 75% of lease less PITIA to determine impact on debt service.

Bank Statement Qualifier:

For those who are self-employed and looking to own a home

  • Personal and Business Bank Statements allowed
  • 12 month and 24 month Bank Statement options
  • Max LTV (purchase only)
    • Up to 90% on Non QHEM Plus
    • Up to 85% on standard Non QHEM
  • 2nd Home and Investment properties up to 80% LTV
  • Loan amounts up to $4MM
  • Non-Warrantable Condos allowed
  • DTI up to 55%
  • Credit scores down to 600
  • Recent Credit Events Allowed
  • 7/6 and 10/6 ARM, 30, and 40 yr I/O option not fixed
  • Multiple financed properties allowed

Foreign National

For Foreign Nationals looking to purchase or refinance a second home.

  • Foreign or US credit with 680+ FICO allowed
  • 2nd home and Investment properties only
  • Standard 2 years income docs for wage earner or self employed
  • Asset Utilization allowed
  • 50% DTI allowed
  • Purchase – Up to 75% LTV
  • Rate/Term and Cash-out Refinances – Up to 70% LTV
  • Loan Amounts up to $2,000,000
  • First-time Homebuyers allowed
  • Unleased Properties allowed
  • Condotel’s allowed
  • Up to 20 acres allowed

Full Doc Qualifier:

For those who file income the traditional way looking to expand their loan qualifications

  • DTI up to 55%
  • Credit scores down to 600
  • Recent credit events allowed
  • All occupancy types allowed
  • 7/6 and 10/6 ARM, 30, and 40 yr I/O option not fixed
  • Multiple financed properties allowed
  • Max LTV (purchase only)
    • Up to 90% on Non QHEM Plus
    • Up to 85% on standard Non QHEM
  • Non-Warrantable Condos allowed
  • Loan amounts up to $4MM

Gig Qualifier:

For those independent contractors & freelance workers that are paid like a business owner, but may not own a business

  • DTI up to 55%
  • Credit scores down to 600
  • Recent credit events allowed
  • All occupancy types allowed
  • 7/6 and 10/6 ARM, 30, and 40 yr I/O option not fixed
  • Multiple financed properties allowed
  • Max LTV (purchase only)
    • Up to 90% on Non QHEM Plus
    • Up to 85% on standard Non QHEM
  • Non-Warrantable Condos allowed
  • Loan amounts up to $4MM
 

NonQM Premier

Take advantage of our newest NonQM program
which gives better rates than ever before.
Introducing

  • Min Fico 700
  • Max LTV 80%
  • Max Loan Amount $2mm
  • Available doc types
    • Full doc – 1 & 2 year
    • 12 & 24 bank statement – Business & Personal
    • WVOE
    • 1099
    • No P&L or Asset Utilization
  • Unlimited Cash-Out to max LTV’s