A&D Mortgage’s Full Doc Non-QM loans are a perfect solution for small business owners, investors, or other self-employed individuals, who believe they would not qualify for a traditional agency loan. These loans are also ideal for borrowers who are recovering from a recent credit event.
Full Doc Non-QM loans require documented evidence that proves the income and assets a borrower claims on their loan application are genuine.
- FICO 580
- Up to 90% CLTV
- Loan amounts up to $4 million
- Max cash in hand $1 million, no limit for CLTV < 55%
- 3 months reserves
- Cryptocurrencies accepted for reserves, down payments and closing costs
- 12 months from bankruptcy or foreclosure
- Mortgage history 0 x 60 x 12
- Combination of business and personal bank statements allowed
- Condo and condotels allowed
- FICO 580
- Up to 80% CLTV
- Cash-out up to 75% CLTV
- Savings and checking 100%
- Securities at 100%
- Cryptocurrencies accepted for reserves, down payments and closing costs
- Retirement at 70%
- Cash out available
- Income calculation - all eligible assets divided by 60
- Super Prime & Prime programs
- FICO 599
- Up to 85% CLTV
- Loan amounts up to $3 million
- Max cash in hand $1 million, no limit for CLTV <55%
- 40- & 30-year fixed, 5/6 ARM, and 7/6 ARM terms
- Cryptocurrencies accepted for reserves, down payments and closing costs
- No income or employment verification
- DSCR as low as 0
- Cash-out proceeds may be used for reserves
- Eligible for Non-Permanent Residents and Foreign Nationals
- DSCR is available under Foreign National Program
- Ownership of any property within the past 24 months
- Condotels allowed
- FICO 660
- Up to 90% CLTV
- Bank statements allowed
- Cryptocurrencies accepted for reserves, down payments and closing costs