Non-QM Mortgage Program
A Non-QM loan program for borrowers with credit scores as low as 500, offering purchase, rate/term, and cash-out options with loan amounts up to $1.2M.
Underwriting at a glance
- Minimum FICO
- 500+
- Max LTV (purchase / rate-term)
- 65%
- Max LTV (cash-out)
- 60%
- Loan amount
- ? - $1,200,000
- Documentation
- alt-doc, full-doc
- States
- AZ, CA, GA, IL, MA, MO, RI, NJ, VA, AK, AL, AR, CO, CT, DC, DE, FL, HI, IA, ID, IN, KS, KY, LA, MD, ME, MI, MN, MS, MT, NC, ND, NE, NH, NM, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, WA, WI, WV, WY
Highlights
- •500 minimum FICO
- •First-time homebuyers allowed with 580+ FICO
- •Use cashout for reserves
- •Max 45% DTI
- •Use cash-out proceeds for reserves
- •Maximum 45% DTI
- •500 minimum FICO score allowed
- •Use cash-out for reserves
- •Loan amounts up to $1.25M
- •Max 45% DTI ratio
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 10/2/2026. Not a commitment to lend.
Today's mortgage rates
Conventional
6.750%
6.789% APR
FHA
6.250%
6.282% APR
VA
6.250%
6.281% APR
Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.