NON-QM LOAN
Borrowers with recent credit events are eligible to purchase a home using this product. There are usually reduced waiting periods for foreclosure, short-sale or bankruptcies. Bank statement can be used to calculate income for self employed borrowers. Investors can grow their portfolio with our Investor Cash Flow product. we qualify investors based on property cash flow and do not require tax returns or paystubs. The closing process is simple.
Information regarding NON-QM LOAN
- 12 to 24 months bank statements
- Non-warrantable condos allowed
- Loan for Foreign investors
- Separate personal and business bank statements not necessary
- Recent foreclosure, short-sale or bankruptcy allowed
- No personal income necessary for investment loans
The Non-QM loan can be used for a rate-and-term refinance, a cash out refinance, a new home purchase for owner-occupied second homes or investment properties. Contact Us to learn more about how a Non-QM loan might be the right home financing solution for you.