Licensed in New York, New Jersey, and Florida; BFR is an expert in non-QM lending. We will walk you through some of the key guidelines for this loan product.
Non-Qualified Mortgage (Non-QM) mortgages are typically for borrowers with unique income qualifications There are many people who may have adequate income but don't qualify with their tax returns for “conventional” loans.
Good borrowers with unconventional circumstances are often not qualified for traditional lending. Rather than turn business away, turn to a non-QM programs for loans up to $3 million and help your unconventional borrowers.
Our Lenders say "YES" to borrowers who:
Our lenders accept alternative documentation to verify income such as 12-to-24 months of personal or business bank statements and one year of W-2s or tax returns, and help borrowers whose credit or housing events happened up to 3 years ago. Lenders will look at investment properties based upon their cash-flow versus mortgage expenses only! What’s more, our lenders also still believe there is a place for manual underwriting – which is why some of our lenders considered industry leaders!
Because of our dedicated service to customers whose circumstances require a little extra effort, our wide array of Non-QM programs and manual underwriting, our lenders often say “Yes” to unconventional borrowers when so many others say “No.”
Give us a call and let's talk Non-QM!