Our Programs 

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.

  • Qualify Using:
    • 12 or 24 Month Personal or Business Bank Statements
    • 12 or 24 Month 1099 with 10% Expense Ratio
    • 2 or 6 Months Bank Statements with Additional Documentation
    • Asset Depletion
  • Loan Amounts Up To $2M
  • Maximum of 1x30x12
  • Credit Scores as Low as 620
  • Up To 85% LTV on Purchases
  • Up To 80% LTV on Cash-Out
  • Up to 50% DTI
  • First Time Home Buyers OK
  • Non-Occupant Co-Borrowers Allowed
  • 2-1 Buydown Options Available
  • 15, 30, and 40-year fixed
  • 30 and 40-year IO terms
Sequoia Non-QM Expanded

Did You Know?

We Use Primary Wage Owners Mid Score As The Qualifying Credit Score!

Talk to an Account Executive today about how this may impact your borrowers’ qualification or pricing.

Price Your Scenario

Use our Quick Pricer or Talk To Your Account Executive

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View Our Turn Times For Non-QM Expanded Loans

Non-QM Expanded FAQ

Non-QM loans are designed to help borrowers who don’t fit in the rigid box of QM guidelines achieve homeownership. These loans can help borrowers like:

  • Self-employed borrowers
  • Business owners
  • Gig workers
  • Real estate investors
  • Contractors
  • Freelancers and more

Yes, before you walk away from a deal, always speak to your Newfi Account Executive!