Non-QM Mortgage Program
A closed-end second mortgage program designed to help borrowers access home equity without refinancing their existing first mortgage. It supports various documentation types including full doc, bank statement, P&L, WVOE, 1099, and DSCR.
Underwriting at a glance
- Minimum FICO
- 700+
- Max LTV (purchase / rate-term)
- 75%
- Max LTV (cash-out)
- -
- Loan amount
- ? - $850,000
- Documentation
- full-doc, 12mo-bank-stmt, 24mo-bank-stmt, p-and-l, wvoe, 1099-only, dscr-only
- States
- most states
Highlights
- •Preserve low first lien rates
- •Flexible across all documentation types
- •Unlock equity for home renovations, debt consolidation, and investments
- •Loan amounts up to $850K
- •Max 75% CLTV
- •Max 50% DTO
- •Interest-only senior liens allowed
- •Full Doc, Bank Statement, and 1099 options available
Want to see if you qualify?
Tell us about your scenario - we'll come back with current pricing and exact guidelines.
Program guidelines and rates can change at any time without notice. Last confirmed 5/19/2026. Not a commitment to lend.
Today's mortgage rates
Conventional
6.250%
6.288% APR
FHA
5.750%
5.780% APR
VA
5.750%
5.780% APR
Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.