Loan amount exceeds the limits for a conventional conforming loan.
Self-employed borrower with excellent credit whose income stated on their tax return won’t qualify them for the luxury home they can afford. Qualify with 100% on Personal Account Deposits and 50% on Business Account Deposits (12 consecutive months).
DSCR (Debt Service Coverage Ratio) Program.
This is the easiest program among all of the Non-QM programs.
Income/Employment Status/Tax Return is not required.
Wage earner borrowers Only
Borrower signed P&L Allowed
Super Easy Qualify.
Home Equity Line Of Credit.
Standalone & Piggyback.
Min. Down Payment 20%; WVOE and CPA P&L are Available.
Easy Qualified Closed End Second.
No Tax Return & W2 Needed for Second Loan; Available for Invesment.
Portfolio Bank Statement/DSCR/FN DSCR.
The First-year Rate is Equal to Note Rate Minus 2%;
The Second-year Rate is Equal to Note Rate Minus 1%……