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Prime, Super Prime, Apex Prime – each tier in AD Mortgage’s Non-QM lineup raises the bar on eligibility and rewards it with better pricing. Apex Prime stands at the top of that lineup and provides significant price improvement for your Non-QM files.
What is Apex Prime
AD Mortgage develops Non-QM products that help partners expand their client base. Our goal is to provide mortgage professionals with a pricing advantage in the market. And Apex Prime is an example of such an advantage.
Apex Prime is a pricing tier available across AD Mortgage’s core Non-QM programs: Full Doc, Bank Statement, 1099, and Asset Utilization. It is available through all business channels.
Qualifying files go through the standard submission and underwriting workflow. Apex Prime is available through AD Mortgage’s Non-QM AUS, which makes the process faster and more predictable. Apex Prime files receive better pricing than they would under standard Non-QM guidelines.
Who Qualifies for Apex Prime
| Income Documentation | Full Doc, Bank Statement, Asset Utilization, and 1099 |
| Credit Score | FICO 680+ |
| Transaction type | Purchase or refinance |
| Property Type | Single-family residence, PUD, or 2-4 unit properties (non-condo, non-rural) |
| CLTV | Up to 80% on owner-occupied properties; up to 75% on investment properties and second homes |
| DTI | Up to 45% |
| History | Clean 24-month housing history with no rent-free situations |
Which Borrower Profiles Benefit Most
Apex Prime applies to files with a FICO score of 680 or above, clean payment history, and documented income. If any of these profiles are in your pipeline, they are worth a closer look.
Self-employed Borrower
Best-fit programs: Full Doc, Bank Statement.
Some self-employed borrowers have no problem qualifying through standard tax returns. Others show a stronger income picture through 12 or 24 months of bank deposits, once business expenses are factored in. Apex Prime supports both paths, and for a borrower with a FICO of 680 or above and a clean two-year history, either documentation type can provide them with top-tier Non-QM pricing.
Independent Contractor with Consistent 1099 Income
Best-fit program: 1099.
Contractors and consultants often have income that is easy to document and hard to place in a conventional loan. A solid credit profile and steady 1099 earnings are enough to qualify for Apex Prime. With AD Mortgage, this borrower won’t have to pay a rate premium because their income does not come with a W-2.
Asset-rich Borrower with Limited Traditional Income
Best-fit program: Asset Utilization.
Retirees and investors often carry more financial strength than a pay stub can show. Apex Prime allows qualifying income to come from the balance sheet, which opens top-tier pricing to a borrower profile that standard guidelines do not accommodate.
Put Apex Prime to Work
AD Mortgage helps partners secure better pricing for their borrowers. If you have a scenario in mind, submit it through the form – we will respond within 30 minutes.
Your next winning Non-QM deal starts with Apex Prime.
Apex Prime is a pricing tier within AD Mortgage’s core Non-QM programs – Full Doc, Bank Statement, 1099, and Asset Utilization. Files that meet the Apex Prime criteria receive more competitive pricing than they would under standard Non-QM guidelines. It is available through all business channels. Apex Prime is available to borrowers with a FICO score of 680 or above, a DTI of 45% or below, and a clean 24-month housing history with no rent-free situations. The property must be a single-family residence, PUD, or a 2-4 unit property – non-condo, non-rural. CLTV is up to 80% on owner-occupied properties and up to 75% on investment properties and second homes. Both purchase and refinance transactions are eligible. Condos, condotels, and rural properties are ineligible. Apex Prime does not allow P&L or WVOE income, ITIN borrowers, or IO/ARM loan structures. Borrowers with credit events less than 48 months seasoned do not qualify, and rent-free housing history isn’t accepted. Log in to AIM and complete all required information, including the Loan Information section and the 1003. Then go to the Products and Pricing tab, click “Select Product,” choose the option that fits your file, and click “Confirm.” All three are Non-QM pricing tiers at AD Mortgage. Prime is the most accessible tier, with a minimum FICO of 620 and flexible guidelines on condos, tradelines, and credit events. Super Prime requires a cleaner credit history and higher residual income, but allows higher CLTV on owner-occupied properties (up to 90%) and a higher max loan amount (up to $4M). Apex Prime requires a minimum FICO of 680, DTI capped at 45%, 0x30x24 mortgage history, no condos or rural properties, no P&L/WVOE, no ITIN. Apex Prime delivers the most competitive pricing across the lineup.
FAQ: Apex Prime
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