Wholesale non-QM Solutions for Your Business
FEARLESS LENDING THROUGH TAILORED STRUCTURING
FM Home Loans Wholesale offers responsible non-prime lending products, meeting the needs of alternative credit and income borrowers in today’s mortgage market. Our programs are structured to successfully address the issues limiting a borrower's access to credit through common sense underwriting.
DSCR Investment Programs
Loan Amounts based on rent roll and not tax returns
Bank Statement Programs
Qualify with personal or business accounts, for self-employed borrowers
Responsible Lending to Credit-Impaired Borrowers
Loans for borrowers affected by foreclosure, short sale or bankruptcy, Credit Scores as low as 500, Cash out programs available, Call to discuss scenario
Investor Property
Underwritten to property income (DSCR) and borrower credit
Loan Amounts up to $5MM
PROGRAMS
DSCR INVESTMENT PRODUCTS
- LTV’s up to 80%
- MIN Credit Score 580
- Qualification based on cash flow of subject property
- MIN DSCR .80%
*Intorducing DSCR for Mixed Use Properties*
- Investment Properties Only
- Up to 10 Units
- LTV’s up to 75%
- Min DSCR 1.25
- Min Credit Score 620
Fix and Flip
- 85% LTV for Purchase Price
- 100% for Construction Costs
- Min FICO 660
- Fast Closings
SELF EMPLOYED
- Alternative ATR Products
- Bank Statement Products
- Owner Occupied
- Non-owner occupied
FOREIGN NATIONALS
- Second Homes
- LTV’s up to 75%
- Utilize U.S. and/or Foreign CREDIT
- Utilize U.S. and/or Foreign ASSET
- Investment Properties
- DSCR ALLOWED
- LTV’s up to 70%
More Info