NON-QM PRODUCTS
Brokers Advantage was founded on the idea that the lives of today’ s borrowers have outgrown the guidelines of institutional lenders. Borrowers now live beyond a traditional income lifestyle and loans of the future need to adapt to this growing landscape.
We are the Next step in that evolution.
Our Non-QM programs are designed to qualify borrowers with a holistic view in mind. We help our borrowers navigate the tricky waters of Alt-lending income qualification and provide versatile tools to qualify and close their loan.
Closed End 2nd
Non-QM Home Equity Loan with flexible income qualification options.
- Up to 90% CLTV
- 660 Minimum FICO
- Full Doc, Bank Statements, 1099, P&L Only & WVOE
- Up to $4.0MM Combined Liens
- $600K Max Loan Amount
HELOC
Non-QM Home Equity Line of Credit with flexible terms
- Up to 90% LTV
- Full Doc & Bank Statement
- 680 Minimum FICO
- Max $500K Loan Amount
- 50% Max DTI
Portfolio 1st TD
Non-QM program with comprehensive qualification options
- 90% Max LTV
- Full Doc & Bank Statement, 1099, P&L Only, WVOE & Asset Depletion
- 620 Minimum FICO
- 50% Max DTI
- Max $3.00MM LoanAmount
EDGE
Flexible guidelines with competitive pricing
- Up to 85% LTV
- Full Doc & Bank Statement, 1099, P&L Only, WVOE &Asset Depletion, & DSCR
- Flexible Property Types
- 660 Minimum FICO
- Max $3.00MM Loan Amount
Core
Expanded guidelines priced according to the risk
- Up to 90% LTV
- Full Doc & Bank Statement, 1099, P&L Only, WVOE & Asset Depletion, & DSCR
- 620 Minimum FICO
- Max $4.00MM Loan Amount
- Flexible Mortgage Rating
- DSCR Below 1 Available