We also offer non-traditional (non-QM) portfolio loan programs that allow special circumstances for purchase and re-finance for Primary Residence, Second Homes, and Investment Properties:

• Gift funds allowed (even for investment properties!)
• Interest only option
• Non-warrantable condos
• Condotels
• Asset Depletion
• Loan amounts between $100,000 and $3 million for purchase and refinance
• Major derogatory events (BK, foreclosure) allowed after 4 years and down to 2 years with exceptions
• DTI > 43% and < 50%
• Up to 15 properties financed
• Foreign income and assets allowed with restrictions
• Non-occupant co-borrower allowed
• Projected income without a guaranteed non-revocable contract
• Gaps of employemne toutside of QM requirements (exception basis only)
• Investment purchase transactions using rental income with no lease agreements
• Departure residence excluded from debt-to-income ratio when the property is not listed for sale or leased to rent at the time of the subject transaction
• RSU income allowed
• Bank Statement only (coming soon)