Portfolio Lender Overview

Non-QM Portfolio Lender Service Overview

If you think you don’t perfectly fit within the standard guidelines of a regular lender, you may be right. This out of the box portfolio lender will look at any loan scenario with an 80% LTV or lower. This is one of the advantages of working with a portfolio lender is because they hold onto the loan, not just service the loan; exceptions are made in-house, not from a request from an outside investor.

Think of it as a big bank with a wholesale broker division. Think of BrokerMortgages, Inc as a wholesale broker with a, you division.

Quick Close

Loan submissions go directly to the Lender Rep for time and over-all service efficiency for fast closings in 30 days or less and pre-approvals done within 48 hours of complete submission.

Non-QM Portfolio Lender Niche Overview

Some of our specialty programs include asset depletion loans, non-warrantable condos, condotels, co-ops, Portfolio niche lender with loan amounts to $5 million with unlimited cash out for debt consolidation, kid’s education or just simply cash in hand up to the $4,000,000 with no purchase seasoning requirements for appraised value up to 90% LTV available.

Self-Employed Borrowers

For 1-year tax return calculation allowed for self-employed borrowers at 85% LTV.

Foreign National Borrowers

Foreign nationals and work visa borrowers with no US credit or tax returns. We can offer no credit, DACA, work, and student visas, EAD, or other work authorization loans.

Title / Vesting

LLC closings allowed for investment properties including cash out. Gift funds allowed for down payment and reserves, even on investment properties.

Flexible Debt-to-Income (DTI) and Reserve (liquid assets) Guidelines

We can exclude the PITI payment from debt ratio on a primary residence listed for sale with 30% equity.

Removal of alimony and child support from the income vs. adding as a liability and cash out can be counted towards reserve requirements or added to the asset depletion to reduce debt ratio. Non-occupant co-borrower allowed on cash-out refi, second homes, and purchases with true blended ratios. RSU’s, Stock Options, Stock Grants may be used as income and the vested stock can be used as an asset.
Hobby farms, acreage properties, mixed-use, properties with out-buildings and other unique properties considered.

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