Unconventional Mortgages and Loans (800) 718-8906

Unconventional Mortgages and Loans

Customer Service: (800) 718-8906

6 Month Bank Statement Mortgage Loan

Alternative Income Documentation for Self-Employed and W2 Commission Business Professionals

This 6 Month Super Jumbo Bank Statement Non-Qualified Mortgage (/non-qualified-mortgages) (Non-QM) loan program is for all residential property types and occupancy types including investment properties.

6 Months Bank Statements – 660 minimum middle Mortgage Credit Score

Lender allows for either Personal or Business account statements and can be used with any qualified assets and requires a minimum credit score of 660 and goes to a maximum loan-to-value ratio (LTV) of 90% See details below:

Eligible Transactions: Purchase / Rate/Term and Cash Out

Eligible Occupancies

* Owner-Occupied/Primary Residence

* Second Homes

* Investment Properties – 10 Maximum REO

Eligible Property Types:

* Single Family Residence (SFR)

* Condominiums including non-warrantable condos

* Planned Urban Development (PUD’s)

* 2 – 4 Unit

SFR, Condos, and PUD’s and Owner-Occupied/Primary Residence:

Purchase and Rate/Term Refinance:

* 80% LTV – $1,000,000

* 75% LTV – $3,000,00

Cash Out Refinance:

* 70% LTV – $1,000,000

* 65% LTV – $3,000,000

Second Home – Purchase and Rate/Term Refinance:

Owner-Occupied/Second Home

* 65% LTV – 3,000,000

Cash Out Refinance – Second Home OK to 65% LTV – $2,500,000

Purchase/Rate and Term:

70% LTV – $3,000,000

Owner Occupied/Second Home OK

65% LTV – $3,500,000

SFR, 1-4 Units, Condos & PUD’s:

Purchase and Rate/Term Refinance

Investment Property

70% LTV – $3,000,000

Cash Out Refinance

Investment Property

65% LTV – $3,000,000

Purchase/Rate and Term

Owner-Occupied/Second Home

70% LTV – $3,000,000

Owner Occupied and Second Home

65% LTV – $3,000,000

6 Months Business and/or Personal Bank Statements

Mortgage Pre-Qualification Form – Credit Check Not Required

Available in the Following States:

Alabama, Arizona, California, Colorado, Florida, Georgia, Hawaii, Illinois, Iowa, Maine, Maryland, Massachusetts, Nevada, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and Washington.

Alternative Income Documentation

Contact a Loan Officer

Non-Qualified Mortgage Lending

Alt Doc Purchase Loans

Alt Doc Refinance Loans

Category - Non-QM Lenders