Non-QM Mortgage Program
Investment property loan program utilizing profit and loss statements for income qualification.
Underwriting at a glance
- Minimum FICO
- 660+
- Max LTV (purchase / rate-term)
- 85%
- Max LTV (cash-out)
- 80%
- Loan amount
- ? - $3,000,000
- Documentation
- p-and-l
- States
- AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WY
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
- •No bank statements required using CPA, EA, or CTEC prepared P&L
- •Up to 85% LTV available
- •Loan amounts up to $3M
- •100% gift funds allowed
- •First-time homebuyers allowed
- •Primary, second, and investment properties eligible
- •Interest only available
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 9/16/2026. 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.