(Fort Lauderdale, FL) – A&D Mortgage, a leading Non-QM lender, is pleased to announce a 12.5 basis point (bps) pricing improvement for mortgages with FICO scores above 780 that qualify for the company’s Super Prime program. This pricing enhancement applies to both Non-QM loans and DSCR loans, providing high-credit borrowers with more attractive terms.
“Our goal has always been to offer flexible and competitive solutions to our broker partners,” said Max Slyusarchuk, CEO of A&D Mortgage. “This improvement further solidifies A&D Mortgage’s commitment to offering superior pricing for borrowers with excellent credit, ensuring they have the best possible options for their mortgage needs.”
Super Prime Program Highlights
- Minimum FICO: 620
- Loan Amounts: Up to $4 million ($2.5 million for P&L)
- Max Cash-in-Hand: $500,000 for CLTV > 65%; $1 million for CLTV ≤ 65% to ≥ 55%; No max for CLTV < 55%
- Loan Terms: 30 & 40-year Fixed, 5/6 & 7/6 ARM options
- DTI (Debt-to-Income Ratio): Up to 55%
- Documentation Options: 1Y & 2Y Full Doc, 12 & 24 Bank Statements, 1Y & 2Y P&L, Asset Utilization, WVOE, 1099
- Reserves: Minimum of 3 months required; Gift funds for reserves allowed
- Borrower Contribution: 0% for Owner-Occupied, 20% for Non-Owner Occupied
- Eligible Properties: Condos/NY up to 90% CLTV, Condotels allowed
- Credit Event: 24 months out
DSCR Program Highlights
- Minimum FICO: 620
- Loan Amounts: Up to $3.5 million
- Max Cash-in-Hand: $500,000 for CLTV > 65%; $1 million for CLTV ≤ 65% to ≥ 55%; No limit for CLTV < 55%
- Loan Terms: 30 & 40-year Fixed, 5/6 & 7/6 ARM options
- Income Verification: No income or employment verification required
- Eligible Borrowers: Non-Permanent Residents, ITIN, and Foreign Nationals allowed
- Eligible Properties: 1-4 Units, Condotels, Mixed-use, and Multi-family (5-8 units) allowed
- Borrower Contribution: Minimum 20%
- Gift Funds: Allowed for down payment and reserves
This pricing enhancement for borrowers with FICO scores above 780 is part of A&D Mortgage’s commitment to providing competitive, flexible lending solutions for a wide range of credit profiles and property types.
For additional information about A&D Mortgage, please visit https://www.admortgage.com/.
About A&D Mortgage
As a premier direct mortgage lender, A&D Mortgage offers a full spectrum of conventional, government, and Non-QM loan products with 24-hour turnaround times and some of the most competitive rates in the industry. In addition to their Prime Jumbo loan product, A&D Mortgage offers programs for Prime borrowers, Foreign National borrowers, as well as borrowers with imperfect credit histories. Programs with no income verification are also offered for investment property loans. The company offers free concierge services, bank statement reviews, marketing tools and resources, and more to support the brokers they serve. In 2024, A&D Mortgage received several prestigious industry awards, including being officially verified as the #1 Non-QM Lender and a Top 3 DSCR and Bank Statement Lender by Scotsman Guide. They were also named a Top 10 Wholesale Lender by Forbes, awarded a Stevie for Innovative Mortgage Technologies, and received a Globee for Achievement in Artificial Intelligence.
A&D Mortgage LLC is an Equal Housing Lender. NMLS ID #958660. 1040 South Federal Highway, Hollywood, FL 33020. For important disclosures and state licensing information:
