Non-QM Mortgage Loans | Alternative Qualifying Income

Not every lender can accommodate every borrower which is why flexible loan products are necessary to help all types of borrowers from owner-occupants to investors. Perhaps your bank says your debt to income ratio is too high based on tax returns. We have loans with DTI over 50 that you may qualify for.

You don't need to always provide tax returns to qualify. Use one of the seven loan programs below which uses only bank statements, 1099 forms, profit & loss statements, or the rental income from the investment property. You'll work with a company that has access to multiple Non-QM lenders not just HomeX or Citadel.

In today's market, it is not uncommon to buy properties that were purchased a year ago for 20-40% less and went through an extensive rehab to resell for a profit. Properties like these may present seasoning issues for most lenders but there are companies with loan programs that will use today's value.

Review financing below for low documentation, cash out refinancing right after buying, and fix & flip loans.

Outside the box loans are a great option for home buyers, homeowners and investors.

Alternate Income Products	Quick highlights	More Info
1 Year Tax Returns	If self-employed, minimum 640 credit scores W2 with 660+ credit scores	(1 year tax return info)
Bank Statements Only	No Tax Returns - self-employed ONLY Alternative Income - up to 90% financing Use 12 or 24 months of statements personal or business	(Get more info
1099 Contractors	NO Tax Returns or transcripts Use income on your 1099 forms up to 85 or 90% financing Must be a contractor or non-employee paid 1099.	(Get more info)
Liquid Assets Only	No Job, No Income, No Tax Returns up to 85% financing or 15-percent down employed, self-employed or retired	(More Info)
Profit & Loss Only	NO Tax Returns or transcripts Income & expense statement by CPA CPA provides 12 or 24 months P&L and YTD P&L for self-employed
Non-warrantable Condos	Finance condos not approved by the bank high investor percentage allows daily or weekly rentals non-warrantable & condotel lenders	Condo not approved by Fannie, Freddie, FHA, or VA non-warrantable info
Major Credit Event	Recent foreclosure, bankruptcy, or short sale For borrowers with a 620 credit score or higher	click for more info
DSCR	Qualify using rental income No Job, No Income, or 1040s.	(click for more info)
No Ratio	Qualify with 20%+ down payment and 660+ credit scores. Primary home allowed No Job, No Income, or 1040s.	(click for more info)
Stated Income	A true "Stated Income" mortgage Buy with 30-35% down payment Learn more about the conditions	(more info)