Non-QM Mortgage Program
A flexible non-QM mortgage program designed for borrowers with credit scores as low as 500.
Underwriting at a glance
- Minimum FICO
- 500+
- Max LTV (purchase / rate-term)
- 65%
- Max LTV (cash-out)
- 65%
- Loan amount
- ? - $1,250,000
- Documentation
- full-doc, alt-doc
- States
- AL, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MI, MN, MS, MO, MT, NE, NV, NH, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, UT, VT, VA, WA, WV, WI, WY, TX
Highlights
- •500 minimum FICO
- •Manual underwriting for expanded approvals
- •First-time homebuyers allowed with 580+ FICO
- •6 months minimum reserves
- •Cash-out proceeds allowed for reserves
- •FICO scores down to 500
- •First-time homebuyers eligible with 580+ FICO
- •Flexible reserves starting at 6 months
- •FICOs down to 500
- •Max 45% DTI
- •500 minimum FICO score
- •Flexible reserves starting at 6 months with cash-out proceeds allowed
- •Maximum 45% DTI
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 7/24/2026. 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.