Non Qualified Mortgage Loans by Compadre Brokers
Every loan counts. That's why we offer make sense loans for those clients that don't meet conforming guidelines.
Underwriting for self-employed borrowers and investment based applicants with loan to values as high as 90%. Bank statement verification of income and declining asset qualification programs allow us to provide common sense lending to an increasingly diverse market.
Non QM
• Full Documentation loans up to 55% DTI
• 90% LTV No MI to $1.5 Million Loan Amount
• Non Warrantable Condo up to 80% LTV
• 12 month or 24 month bank statement program
• Interest Only Options
• Use assets as income up to 60% LTV
Non Traditional Jumbo
• Up to 95% LTV NO MI to $1.5 Million
• Up to 90% Cash Out Jumbo
• Minimum Fico 600
• DTI to 50%
Portfolio ARM - Asset Based
• Use P&L for income verification to 70% LTV (no tax returns)
• BK 3 years
• Short Sale 2 years
• Foreign National Loans to 60% LTV on Purchase
• Aggressive 7/1 ARM
For more information about our non traditional mortgage programs, call us at 760-385-8660