Category Archives: non-qm

cash rich one million dollars

Loans for Cash Rich Borrowers with Low Monthly Income

Recently, a new loan program came out whereby the borrower does NOT have to be employed. In fact, there is no employment or income information on the application. This is…

12 month bank statement program

Big Mistakes Borrowers Make Using Bank Statements as Income

With the new Dodd-Frank rules, it has impacted hundreds of thousands of legitimate self-employed borrowers from getting a residential home loan. It has for the most part taken away stated…