Alternative Non-QM Loans



An FHA (Federal Housing Administration) loan is a loan insured against default by the FHA. In other words, the FHA guarantees that a lender won’t have to write off a loan if the borrower defaults – the FHA will pay. FHA loans are not for everybody. Nevertheless, they are a great help to some borrowers. FHA loans allow people to buy a home with a down payment as small as 3.5%. Other loans might not allow such a low down payment.

Apply Online Today!

Programs:

  • No Income Verification / No W2’s / No Bank Statements / No Taxes / No Ratios
    Primary Residence or 2nd Homes
    1 to 4 units, Condos, SFR or PUD
    Loans up to $3m
    25% Down Purchase
    25% Equity for Refinance
    35% Equity for Cash Out Refinance
    680 Minimum Credit Score

  • Bank Statement Loans
    25% Down Primary Residence 680 credit score
    30% Down Rental property 680 credit score
    12 to 24 months of personal or business bank statements
    2 Years Self Employed borrower only
    Average all deposits over a 12 or 24 month period
    12 months personal bank statements: 100% of personal deposits are averaged
    24 months business bank statements: 60% of business deposits are averaged
    No tax returns required
    2 years self-employment required

  • Foreign National: Non US Citizen living outside the USA
    30% down payment required
    No credit history required
    2nd Homes and Rentals okay with additional down payment

  • H1B Visa buyer:
    Primary Residence
    Available 1st month on the job
    No credit history required
    No waiting to establish credit
    20% Down

  • Hard Money Investment Property:
    30% Down 660+ score
    No BK or FC last 2 years
    Refinance to 70% of home value

  • Bridge Loans - Call for more info.

  • Condotel Loans: see condotel program guidelines

  • ITIN Loan:
    Primary Residence
    25% Down Payment
    680+ Credit Score Required

Our Reviews


Google Reviews