Expanded NonQM

Discover our expanded NonQM guidelines, built to help you reach more borrowers than ever before.

Ignite NonQM Expanded Guidelines Highlights

  • Full Doc, Bank Statements, 1099, P&L, and DSCR options
  • Loan amounts to $4MM
  • 640 minimum credit score
  • Unlimited 30-day mortgage lates
  • 36-month seasoning on major credit events, 24 months allowed with additional requirements
  • Reduced reserve requirements available
  • Aggressive LTVs to $2MM Loan Amount  
  • 90% LTV on Condos
  • Three credit scores allow waiver of trade line requirement
  • Six months ownership to use appraised value