Non-Qualifying Mortgages

WHAT IS A NON-QUALIFYING MORTGAGE?
Simply stated. a Non-qualifying loan is a funding solution for borrowers with unique financial
circumstances. Listed below are a few examples
SELF-EMPLOYED BANK STATEMENT PROGRAM
Personal or business statements
100% of eligible deposits from personal and business accounts
Borrower’s qualifying income is calculated by 12 months most recent bank statements in
place of tax returns.
Click to Learn more
ASSET DEPLETION
The borrower is qualified based on verified liquid assets;
Assets must be documented sufficiently to cover the loan amount requested with an
additional reserve to cover all revolving, installment and miscellaneous debts (e.g. child
support, alimony, etc.);
Assets can be cash in the bank, stocks, bonds, IRA’s, 401k’s, mutual funds or any
retirement accounts;
12 months of consecutive statements are required for asset verification;
Tax returns are not needed in Underwriting.
100% of vested retirement for borrowers over 59 ½ years old and 50% of vested retirement
assets if borrowers are under 59 ½ years old
Click to Learn more
COMMERCIAL PROPERTY AND REAL ESTATE INVESTOR
Designed for experienced Real Estate Investor who is purchasing or refinancing
investment properties to be held for business purposes;
Borrower is qualified based upon the cash flow of the subject property, specifically the debt
coverage ratio
Income verification not required; or verified, tax returns not required.
Click to Learn more
JUMBO AND SUPER JUMBO
Loan amounts up to 7 Million
Maximum DTI of 50%
Click to Learn more
FOREIGN NATIONAL PROGRAMS
Minimum Documentation for second, vacation or investment property
Click to Learn more
Non-QM Loan Benefits
Ideal for self-employed and or people with non-traditional financial circumstances
Alternative income verification methods accepted
Foreign Nationals
Multiple fixed and adjustable loan options are available
Loan maximum is as high as $7 million
Primary, Second, Vacation and investment properties are eligible
1st Florida Lending Corp., a registered Mortgage Lender Orlando servicing all of Florida offering over 48 loans programs including Conventional Loans, Non-Conforming Loans, FHA Loans, VA Loans, USDA Loan, Self-Employed Loans, Bank Statement Loans, No-Doc Loans, Reverse Mortgage Loans, ITIN Loans, Rental Investment Loans, to name a few and specializing in Bank Statement Loans or “stated loans” requiring no Tax Return verification and much more. * No broker or lender fees are for FHA,VA, USDA and Conventional loan types Main Office: 2151 Consulate Dr. * Suite 8 * Orlando, FL., 32837 * Telephone (800) 655-1345 * (407) 300-2558 * Fax (877) 401-9955 We are approved lenders for all Government Loans and registered with the Florida Office of Financial Regulation - # MLD106 When Banks Say No ! We Say YES ! ® is a registered trademark owned by 1st Florida Lending Corp.
Click for the BBB Business Review of this Mortgage Lender in Orlando FL
Disclaimer: All Loan programs, rates and terms can change without notice and are subject to credit and underwriting approval. Loan charts highlight min/max constraints, assumptions & random scenarios only. We will always work hard to approve your loan but there are no guarantees of any kind expressed or implied that your loan we be approved. © 2007 - 2019 1st Florida Lending Corp. - All rights reserved I Privacy Policy I Terms of Use I
Carlos Matos I Florida Direct Lenders
Its Easy! Fast! and theres No Obligations We Offer Solutions when Conventional Financing is Not an Option

Florida’s Top Rated Mortgage Lender I We are Not Brokers

1st Florida Lending

Over 48 Programs I No Brokers Fees I No Lender Fees

For Loan Inquires Call 800-856-7097 or 800-655-1345