Non-QM Mortgage Program
Investment property loan program utilizing profit and loss statements for income qualification.
Underwriting at a glance
- Minimum FICO
- -
- Max LTV (purchase / rate-term)
- 85%
- Max LTV (cash-out)
- 80%
- Loan amount
- -
- Documentation
- p-and-l
- States
- most states
Highlights
- •85% LTV for owner-occupied purchase and rate-term refinance
- •80% LTV for owner-occupied cash-out
- •80% LTV for non-owner occupied purchase and rate-term refinance
- •Service business expense factor 10%
- •Product business expense factor 20%
- •No sourcing of large deposits
- •First-time homebuyer allowed
- •Rural properties allowed
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 6/11/2026. Not a commitment to lend.
Today's mortgage rates
Conventional
6.125%
6.164% APR
FHA
5.500%
5.531% APR
VA
5.500%
5.530% APR
Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.