Non-QM loans fit a broad range of potential consumers and can be used to purchase primary, secondary, and investment properties. To ensure you qualify, it is best to consult a licensed loan officer, so they can assess your personal profile to determine if this product is right for you.
Non QM Product Highlights: 620 Min FICO; Loan Amounts up to $2,000,000 on all products; Up to 90% LTV with NO MI; Bank Statement Loans (Self Employed) 620 Min FICO; Up to 90% LTV , NO MI; Loan Amounts up to $2,000,000; SFR, Condo, 2-4 units ok; 12 and 24 months personal bank statements; 12 and 24 months Business Bank Statements
Non-Qm full doc 50% DTI/15&30 yrs fixed bank statement/ Investor Most Non-Qm products ITIN Investor/ fix&flip / good rates & terms Foreign National Robin Buttner email@example.com Janet Maning Miguel Morales firstname.lastname@example.org Foreclosure Bailouts Non Qm Quick closing Hard money small.
Non-Agency / Non-QM Loan Products Non-Agency / Non-QM Lending. RAC is a correspondent investor filling the void in today’s residential mortgage market. Non-agency lending solutions. The rac advantage. exceptions available 5/1, 7/1, 15-yr fixed, and 30-yr fixed terms on all products Interest Only available Rate available in pricing engines
2018-01-30 · In 2018, mortgage industry analysts predict non-QM mortgage volume will double or triple. As refinancing stalls, home prices rise and inventory tightens, these high-quality alternatives to agency loans will become more widely accepted by lenders and financial institutions.
HomeXpress Mortgage Corporation is a company that specializes in non-qualified mortgage (non-QM) loans. It was established by mortgage professionals whose goal was to offer loans to borrowers who didn’t fit under the qualified mortgage category. These professionals have many years of lending experience and quality service under their belts.
“Vacation Rental or Long-term Rental? Visio Lending is the nation’s leader in Non-QM loans for buy and hold sfr rentals. 30-year terms, buy ups and buy downs on rates and pre-pays, I/O available. No.
As a result, some lenders have begun to originate so-called "non-QM loans," which as the name implies, do not comply with the Qualified Mortgage rule. The downside to providing these loans is the lack of liability protection, along with a less liquid secondary market to unload the mortgages to investors.