Loan Products
Welcome to Jumbo Non-QM Redefined
Standalone 2nd Mortgage
For borrowers who want to access their equity but keep the low rate from their first mortgage.
Cash-out, debt consolidation or piggy-back purchase junior liens available for primary residences, second homes, and 1-4 unit investment properties.
- • Qualify with Bank Statements, P&L, Full Doc, or 1099 Only
- • Loans up to $1M
Bank Statement Program
Perfect for self-employed borrowers who have issues proving income with full documentation.
Seven different methods of income calculation. Multiple businesses welcome. Spouse W2 income can be added.
- • No Tax Returns Necessary
- • Qualify with 12- or 24-Month Bank Statements
- • Loan Amounts up to $10M
P&L Only Program
Qualify self-employed borrowers with a single CPA- or tax preparer-prepared profit & loss statement.
No tax returns. No bank statement averaging. Pair with asset allowance if more income is needed.
- • CPA- or Tax Preparer-Prepared P&L
- • Asset Allowance Available
- • Loan Amounts up to $6M
Asset Qualifier
For borrowers with substantial assets but little or no documented income — qualify on assets alone, or use asset allowance to supplement income.
Stocks, bonds, retirement, and depository accounts all eligible.
- • Assets Only — No Income Required
- • Deplete Assets over 36, 60 or 84 Months
- • Loan Amounts up to $6M
Non-QM Full Doc
This exception-based loan program is for borrowers who just miss qualifying for conventional full doc. We have increased LTVs and allow higher DTI.
- • Assets Only and 60 Months Asset Allowance
- • Can Exclude Departing Residence from DTI
- • Loan Amounts up to $10M
DSCR or No Ratio
We have two DSCR programs to fit your real estate investors' needs. Qualification is based solely on the cash-flow of the non-owner-occupied property.
- • DSCR Can Be Down to 0
- • Foreign National Option
- • Loan Amounts up to $10M