Non QM Loans Houston

Bank Statement Only Loan Program

Please request more information from your AmCap loan officer.

Investor Loans

For experienced investors who may exceed agency investment property maximums or do not meet traditional income requirements, this loan is designed for investors who own at least three other investment properties or investors with a history of owning, retaining and managing investment properties (three year minimum).

Alternative Income Loans

Perfect for smart investors who may not meet traditional income verification requirements or documentation standards, this is a unique loan for clients who are looking to purchase or refinance, but do not fit QM loan requirements. This loan is designed for individuals who have:

  • Been Self-Employed for Less Than Two Years and Can Provide a Record of Their Income
  • Been Self-Employed for More Than Two Years and Have a More Profitable Recent Year
  • Customers Who Recently Transitioned to Commission or Bonus-Based Income
  • Up to $1,500,000 Loan Amounts
  • 700+ FICO
  • Up to 80% Loan-to-Value
  • Up to 43% Debt-to-Income
  • 15 Year and 30 Year Fixed Rate Terms
  • 5/1 and 7/1 Low Interest Adjustable Mortgage Rates (ARMs) Available
  • 6 or 12 Month Reserves
  • Second Homes and Investment Properties Permitted
  • Cash-Out Loans Available

Who Can Benefit From Non QM Loans

  • Self Employed Borrowers (Less Than 2 Years)
  • Self Employed Borrowers - Not showing great income on tax returns
  • Borrowers lacking reserves / savings in the bank
  • Borrowers with bad credit from a bad economy

Lenders have options for borrowers that should qualify but are considered a high risk through FHA, Fannie Mae and Freddie Mac.

Standard Requirements

  • Income/asset Check
  • Employment Check
  • Debt-to-income Ratio Check
  • Credit Check

There are many other Non Qualified Mortgage programs also available. Please ask your loan officer for a list of available programs offered.