Non-QM Loans
At Home Plate Lender, we provide a range of mortgage options to suit your unique needs. Our Conforming Loans adhere to the strict financing limits set by the Federal Housing Finance Agency (FHFA) and meet the underwriting guidelines established by Fannie Mae and Freddie Mac. This ensures your mortgage stays within defined loan sizes and debt-to-income ratios, often resulting in lower interest rates.
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We also understand that one size doesn’t fit all. Our non-conforming mortgage loans offer a valuable alternative for borrowers who may not meet these strict guidelines. While these loans may come with higher interest rates, additional fees, or insurance requirements, they provide a tailored solution when conventional options fall short.
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Let us help you explore the best home financing solution to make your homeownership dreams a reality.
Non-QM DSCR Loans
At Home Plate Lender, our Non-QM DSCR Loans are designed with investors in mind. These loans focus on the property's income rather than traditional borrower income, making them ideal for those with income-producing properties or rental portfolios. While DSCR loans offer flexible underwriting based on property performance, they may carry higher interest rates and fees compared to conventional options. Let us help you leverage your investment income to secure the financing you need.
Non-QM Asset Depletion Loans
Our Non-QM Asset Depletion Loans provide an innovative way for borrowers with substantial assets to qualify for a mortgage. Instead of relying solely on traditional income documentation, these loans use your asset base to calculate qualifying income. This approach can open the door to homeownership for those who may not have regular employment income, although it might come with slightly higher rates and additional fees. Explore this alternative financing option with us to see if it fits your financial picture.
Non-QM Bank Statement Loans
At Home Plate Lender, we understand that self-employed borrowers and business owners often face challenges with conventional income documentation. Our Non-QM Bank Statement Loans address this by using bank statements to verify income, offering a flexible solution for those with non-traditional income streams. While this option helps bridge the gap for many qualified borrowers, it may involve higher interest rates and some extra fees. Let us guide you through the process of leveraging your bank statements for a successful home financing experience.
Get Started Today
Ready to turn your vision into reality? Contact us today to learn more about our New Construction Loans and how Home Plate Lender can help you build your dream home. Fill out the form below; you will be contacted within 24-48 hours!