Non-QM
Jumbo
Fixed Seconds
Agency
Non-QM
Jumbo
Fixed Seconds
Agency
Non-QM
Available on Rainier & Sequoia Non-QM
Qualify your full doc and alt doc borrowers easily with this innovative Non-QM solution.
- Full Doc & Alt Doc Income
- Loan Amounts up to $3.5M
- 660 Minimum Credit Score
Non-QM Expanded
Available on Sequoia Non-QM
Designed to help qualify Non-QM borrowers with up to 1 mortgage late and a wider credit box.
- Full Doc & Alt Doc Income
- Loan Amounts up to $2M
- 620 Minimum Credit Score
Bank Statements
Available on Rainier & Sequoia Non-QM
Qualify self-employed and business owner borrowers using bank statements.
- Business or Personal Bank Statements
- Loan Amounts up to $3.5M
- 2-1 Buydown Available
Asset Depletion
Available on Sequoia Non-QM
Use a simple equation to qualify borrowers looking to use assets as income.
- Income = Assets / 60 Months
- Loan Amounts up to $3.5M
- No Liquidation Required
Asset Utilization
Available on Sequoia Non-QM
Qualify borrowers using their assets—liquidation of assets not required.
- Assets = Loan Amount + 60 Months
- Loan Amounts up to $3.5M
- No DTI Requirements
CPA Gross Receipts
Available on Sequoia Non-QM
Qualify gig workers using CPA Gross Receipts.
- Standard 50% Expense Factor
- Requires Minimal Business Bank Statements
- No Tax Returns Needed
CPA Prepared P&L
Available on Sequoia Non-QM
Qualify borrowers using their CPA Prepared P&L Statements.
- No Expense Factor Required
- Qualifying Income = Net Income / 12 / Percentage of Business Owned
- Requires Minimal Business Bank Statements
IRA
Available on Sequoia Non-QM
Qualify borrowers using IRA income—combine with other income or use as standalone.
- No Liquidation Required
- Income = IRA Funds / 36 Month Continuance
- Can Be Used Before Retirement Age
Real Estate Flipper
Available on Sequoia Non-QM
Qualify borrowers with RE Flipper income—combine with other income or use as standalone.
- No Tax Returns Required
- Loan Amounts up to $3.5M
- Must Have At Least 25% Ownership in the Projects
W-2 to 1099
Available on Rainier & Sequoia Non-QM
Qualify contractors without expenses or history of being a 1099 employee.
- No Minimum 1099 Income History
- Loan Amounts up to $3.5M
- No Expense Factor Applied
1099 Income
Available on Rainier & Sequoia Non-QM
Qualify gig workers, contractors, and freelancers with ease!
- Qualify Using 1099 Income
- Loan Amounts up to $3.5M
- Standard 10% Expense Ratio Applied
DSCR > 1.00
Available on Sequoia DSCR
Qualify real estate investors without income or employment documentation.
- Qualify Using Estimated Rent
- Loan Amounts up to $3M
- Long & Short-Term Rentals
DSCR ≥ 0.75
Available on Sequoia DSCR
Qualify real estate with DSCR ratios from 0.75 and 1.00.
- Negative Cash Flow Allowed
- Loan Amounts Up to $2M
- Long-Term Rentals Only
Biscayne Jumbo AUS
AUS approval options to easily qualify borrowers with high loan amounts.
- Loan Amounts Up to $3.5M
- No MI at Any LTV
- True Blended Ratios
Lassen Jumbo AUS
Use Seller, Builder, Realtor, or Lender Credit to buydown mortgage rate.
- Loan Amounts Up to $3M
- 80% Max LTV
- 2-1 & 1-0 Buydown Options
Teton Jumbo AUS
Low down payment option on purchases and reduced tradeline requirements.
- Loan Amounts up to $3.5M
- No MI at Any LTV
- Up to 90% LTV on Purchases
Full Doc Fixed Second Liens
Available on Olympic Closed-End Second Liens
Borrowers can access their home’s equity without touching their first mortgage.
- Full Doc Fixed Rate Solution
- Loan Amounts from $75k-$750K
- 660 Minimum Credit Score
Bank Statement Second Liens
Available on Glacier Closed-End Second Liens
Designed for self-employed borrowers to tap into their home’s equity.
- Bank Statement Fixed Rate Solution
- Loan Amounts from $150k-$500k
- 680 Minimum Credit Score
