Unconventional Mortgages and Loans (800) 718-8906

Unconventional Mortgages and Loans

Customer Service: (800) 718-8906

Asset Depletion Program

Asset Depletion Income Program to 90% LTV

Our asset depletion programs can also qualify your business as well as your personal bank (100% gross deposits) accounts on either a 6-month, 12-month, or 24-month bank statement programs.

Service

We will maximize your credit profile for better credit grades, more buying power to help you qualify for more options, better terms, and additional credit for lower down payment purchase loans and higher LTVs on Rate/Term and Cash Out, higher loan amounts, etc. Liquid assets can also be utilized either as a stand-alone source of qualifying “income” or in conjunction with our other flexible income documentation programs.

75% LTV on Investment Properties and Loan Amounts to $2,000,000 on Primary / Owner-Occupied Properties

Income Documentation:

Departing Residence Rental Income – Yes

Projected Rental Income on Investment Property Loans – OK. NOO (60% max LTV on NOO)

Rental Income – We Can Utilize Your Most Recent Year of Rental Income on Schedule E instead of 24-Month History

Rental Income – Properties Not Showing on the 1040s, Allowed Case by Case with Proof of Lease and Canceled Checks

Less Than 2 Year Company History Self-Employed Allowed case by case (80% or less LTV on primary). Most Prevalent Loan Scenario/funded Example has Been When the Borrower Goes from W2 to 1099 and does Not Have a Full 2 Year Tax Returns

Available in the following States:

Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Nevada, New Jersey, North Carolina, Oregon, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, and Wisconsin.

Alternative Income Documentation

Contact a Loan Officer

Non-Qualified Mortgage Lending

Alt Doc Purchase Loans

Alt Doc Refinance Loans

Category - Non-QM Lenders