Non-QM Mortgage Program

Flexible Non-QM second mortgage solutions for self-employed and complex borrowers with loan amounts up to $1MM and CLTV up to 85%.

Underwriting at a glance

Minimum FICO
-
Max LTV (purchase / rate-term)
85%
Max LTV (cash-out)
-
Loan amount
? - $1,000,000
Documentation
alt-doc, 12mo-bank-stmt, 24mo-bank-stmt, p-and-l
States
most states

Highlights

  • Up to 85% CLTV on bank statement programs
  • Loan amounts up to $1MM
  • Flexible income qualification for self-employed borrowers
  • 24-48 hour turn times
  • Flexible income qualification options
  • Flexible income qualification with bank statements and profit and loss statements
  • Designed to serve self-employed and complex borrowers

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 8/11/2026. 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.

Have a term sheet or loan estimate?

Upload a competing offer. We'll show you what we can save you.

Backed by a $2,000 Best Price Guarantee. Terms

Not ready to apply?

No pressure. Reach out with your scenario and we'll get back to you with a same-day response.

Jennifer Kirby

Rate Direct is run by Jennifer Kirby. Every loan is originated personally through Loan Factory Inc. Every email, text, and call comes from us directly, and we never sell your information.

NMLS# 2672337 Loan Factory Inc., NMLS# 320841

jennifer@ratedirect.netjennifer.kirby@loanfactory.com

Backed by Loan Factory's $2,000 Best Price Guarantee

Find a lower rate elsewhere? We'll beat it or pay you $2,000. Send your competing Loan Estimate and we'll return a side-by-side comparison the same day.