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for your borrowers

Learn more about how Non-QM products from Arc Home can help your borrowers close on their dream home.

Non-QM Scenarios

Scenario 1

Your Local Electrician: Self-Employed High Cash-Flow, Low Taxable Income

Customer: Owner of ‘In Town Electric’ and looking to purchase a larger home for his family.

Barrier: “Your tax returns do not show enough income”

Solution: Alternative Income Qualification (Bank Statement Loan)

  • 12 Months Business Bank Statements
  • Business Narrative
  • Qualifying Income is calculated from the Net Average Monthly Business Cash Flow

Product Details

Scenario 2

Seasoned Real Estate Investor looking to expand their portfolio with Short- Term Rental Properties

Customer: A seasoned Real Estate Investor is looking to purchase a 4-unit Airbnb vacation property which will be a great investment.

Barrier: Because of gaps in rental history and deductible expenses, the customer does not qualify for a traditional mortgage.

Solution: Investor Cash Flow Loan

  • Estimated Monthly Rent from the Appraisal is at least 75% of the Total New Housing Payment
  • Proof of assets for down payment and required reserves
  • Only 20% Down-Payment (vs. 25% Traditional Lending)
  • Fixed-Rate Interest-Only Reduces Payment

Product Details

Scenario 3

New Retirees are looking to move closer to family

Customer: Ava and Patrick are recently retired and want to move closer to their children and families.

Barrier: No steady income to show ability to repay the loan

Solution: Asset Utilization Loan

  • 4 Months Personal Asset Statements
  • Use stocks, bonds and other tangible assets to qualify
  • Qualifying Income is calculated from Net Qualified Assets divided by 36 months

Product Details

 


 

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