If you have a high debt-to-income ratio that does not qualify for a standard loan, if you want special loan features such as interest-only payments, or if you are looking to borrow above the conforming limit of $647,201 with limited down-payment funds, Diamond Residential Mortgage Corporation is here to help. Qualify on property cash flow rather than personal income.Contact one of our knowledgeable loan specialists who can help guide you through our suite of investment solutions. That’s why real estate investors love working with us. We have loan programs that can make it easier to buy and sell investment properties so that you can focus on building your portfolios. If you’ve been turned away by others for reasons such as lack of credit, low credit score, or history of late payments, speak with our experienced loan specialists and see if our alternative loan programs are right for you.ĭiamond believes in the power of real estate as part of a diverse investment strategy. We can help when a not-so-perfect credit history prevents you from getting a mortgage. Speak with one of our experienced loan specialists and see how we can help you achieve homeownership today. We can offer financing much sooner than you think. We can work with borrowers who oftentimes have multiple streams of income, paid in lump sums, or are self-employed and absorb business expenses onto their personal tax returns.ĭid you know that experiencing a short sale or foreclosure on your property could prevent you from purchasing a new home for up to 7 years? Diamond understands that being a homeowner today rather than years from now is important to you, your family, and your future. Diamond Mortgage is your trusted lender when it comes to alternative methods for income qualification. Learn more about why we are considered a top leader in the Non-QM industry:ĭon’t let non-traditional income prevent you from owning a home. We offer flexible financing when traditional qualification methods simply will not work. We highly recommend Connor and wouldn’t hesitate to let friends and family know of his services.Diamond Mortgage is committed to meeting the needs of all borrowers - not just those who fit into the conventional standards of a qualified mortgage. He made the whole process go smoothly and we look forward to working with him again in the future. If we had any questions, he took the time to explain them and was very patient from beginning to end. He would even go as far as taking our calls and return messages immediately even after work hours and during weekends. He kept in touch with us every day, giving us updates on the process of our loan. Connor was very knowledgeable about the process and incredibly attentive. I truly felt like my husband and I were working with a friend that cared and looked out for our best interest.
Not really knowing much about the process of qualifying for a mortgage and purchasing a home, to say that I was nervous and stressed would be an understatement. Connor was incredible throughout the entire process! I was very intimated by the thought of having my credit examined/evaluated. *The eligible amount to be considered will depend on the terms and penalties applied for accessing funds in the borrower’s accountĪs first time homebuyers, Connor made our experience a memorable one. List of Top Non-QM Lenders of 2022 Non-Prime Mortgage Loans 1.
Primary Residence: SFH, 2-4 Family, Condo, PUD, Coop.Purchase, Rate & Term and Cash-Out Refinance.Assets can include funds in the bank and investment/retirement accounts, so the assumption of the risk is offset by the theory that a borrower’s liquid assets can be sold overtime to cover the mortgage. This loan option is great for self-employed, retired (or almost retired), and wealthy individuals who have minimal income or who don’t have verifiable employment, but whom have significant assets. Assets are a crucial aspect of many borrowers’ financial portfolios.
0 kommentar(er)
