Non-QM loans at a glance
There’s More Than One Way to Move Forward
A breakdown of alternative financing solutions designed for borrowers with complex income or credit profiles.
Bank Statement ProgramQualify with 100% on personal account deposits & up to 90% on business account deposits (12 consecutive months)
Ideal for: Self-Employed Borrowers who do not meet traditional guidelines, but can qualify using cash flow from bank statements.
Qualifications
- Loan amounts up to $4M
- Max 90% LTV Purchase
- Max 85% LTV R/T Refinance
- Max 80% Cash Out Refinance
- Minimum 600 FICO
- No reserves required ≤ 75% LTV
- No 4506T / No K1’s / No P&L’s
- No MI
- Owner Occupied, Non-Owner Occupied, Second Homes
- Self-Employed & 1099 Borrowers
- Down to a 10% expense factor
Investor Cash Flow | DSCRQualify based on the cash flow of the subject property
Ideal for: Real Estate Investors looking to qualify with limited documentation.
Qualifications
- Max 80% LTV Purchase & R/T Refinance
- Minimum 600 FICO
- Loan amounts up to $3M
- Available on SFRs, 2-4 Units, Condos, Townhomes, Condotels, Rural Properties, Non-Warrantable Condos
- Non-Owner Occupied only
- No income or job verification
- 30-year Fixed program
- Reconciled rent estimate based on 1007 or lease agreement
- May qualify off Interest Only payment
ATR-in-Full ProgramQualify based on liquid assets to cover the loan balance
Ideal for: Borrowers who have significant assets, but do not meet traditional income requirements.
ITIN Loan ProgramQualify using Individual Taxpayer Identification Number
Ideal for: An individual who is living in the United States and does not have a Social Security number.
Program Highlights
- Max 75% Purchase
- Max 70% C/O Refinance
- Minimum 640 FICO
- Loan amounts up to $1M
- Wage Earners qualify with 24 month WVOE and 1 month bank statement - No W2s or paystubs
- 12-Month Bank Statement for Self-Employed
- DSCR for NOO properties
- Valid Government ID
- No reserves required ≤ 75% LTV
- P&L Only, 1099 Only
1099 Only ProgramQualify based on income earned via non-employment such as a freelancer/contractor
Ideal for: Self-Employed borrowers who do not meet traditional guidelines.
Program Highlights
- Max 80% Purchase
- Max 75% Cash Out Refinance
- Income Docs: One year 1099 & two months bank statements
- Owner Occupied, Non-Owner Occupied, and 2nd Homes
- Property Types: SFR / Condo / Townhome (No rural or Non-Warrantable Condos)
- Reserves not required ≤ 75% LTV
- Minimum 660 FICO
Profit & Loss ProgramFinancial report showing the company's revenues and expenses over a period of time.
Ideal for: Self-Employed borrowers who do not meet traditional guidelines.
Program Highlights
- Max 80% Purchase
- Max 75% Refinance
- Minimum 660 FICO
- Loan amounts up to $4M
- 3 Months Bank Statements required (unless >700 FICO & ≤70% LTV)
- CPA / registered tax preparer P&L on CPA’s letterhead (most recent 12 months)
- All Occupancies
- SFR / Condo /Townhome (No rural or Non-Warrantable Condos)
- Reserves not required ≤ 75% LTV
Unique PropertiesFlexible underwriting for properties such as mixed-use buildings, rural homes, manufactured homes on land, log homes, barndominiums, and other non-traditional residences.
Ideal for:
Buyers purchasing properties that don’t fit traditional lending guidelines due to design, zoning, or usage.
Non-Warrantable Condo LoansAlternative financing for condos with high investor concentration, pending litigation, commercial space, low reserves, or other factors that make them ineligible for standard condo loans.
Ideal for:
Condo buyers whose building does not meet conventional or agency approval standards.
ADVERTISEMENT. EVERETT FINANCIAL, INC. D/B/A SUPREME LENDING NMLS ID #2129 (www.nmlsconsumeraccess.org) 14801 Quorum Dr., #300, Dallas, TX 75254. 877-350-5225. Copyright © 2025. Eligibility is subject to completion of an application and verification of home ownership, occupancy, title, income, employment, credit, home value, collateral, and underwriting requirements. Loan program terms and conditions will depend on underwriting and consumer credit characteristics. This is not a commitment to lend or offer of credit. Not affiliated with any government agency. GA Mortgage Lender License 22114– Georgia Residential Mortgage Licensee. Florida Mortgage Lender Servicer License MLD909. North Carolina Mortgage Lender License L-122702.
Before You Give Up, Talk to Someone Who Knows the Options
If another lender has told you no, it does not mean homeownership is off the table. Many unique financial situations simply require experience, creativity, and a deeper understanding of available loan programs. A conversation with a Supreme Lending loan officer can help uncover solutions others may not offer. It is always worth a conversation.
Supreme Condo Service
Condo transactions can sometimes feel complicated, but they don’t have to be…
With over 40 years of experience serving Georgia and South Florida, Supreme Condo Service brings deep expertise, proactive communication, and proven systems to every condo transaction.
From warrantable and non-warrantable units to unique HOA requirements and documentation, our team knows how to navigate the details that delay or derail most condo deals.