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
- States
- most states
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
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 5/26/2026. Not a commitment to lend.
Today's mortgage rates
Conventional
5.875%
5.906% APR
FHA
5.375%
5.405% APR
VA
5.375%
5.402% APR
Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.