The Nation's #1 Non-QM Experts
No one in the industry has been responsible for more Non-QM loans than the team at MOR.
We love our realtors… and with our expertise in the Non-QM world, it’s easy to see why our realtors love us back! Not only do we offer the widest selection of Non-QM loans, but we are also a leader in marketing and technology. Our real estate partners enjoy the following benefits when working with us:
- Most Experienced Non-QM team in the country.
- Realtor Portal – check on your buyer’s progress anytime you wish.
- Automated Alerts – Don’t feel like logging into a portal? No problem. We setup milestones in your buyer’s loan process so when they submit docs, you’ll know. You’ll be alerted when they get approved. You’ll know when they’re ready to close.
- Customer Service Above All – Tired of calling your loan officer and getting no response? Seems to be the norm, but not at MOR. We have a few simple principles at MOR. One of them is “pick up that call, send the text, reply to that email.” Communication is pinnacle at MOR.
- Custom Funnels – We create custom, branded landing pages and funnels for Pre-Approval Letters with our realtor partner’s branding. Best of all, the leads are tracked and remain a lead of our partners 100% through the entire process.
You Deserve MOR
- Self-Employed: 12-Month Borrower Prepared P&L
- Salaried: VOE with Current Income ONLY
- No Tax Returns or W2s
- Up to 75% LTV; Up to 50% DTI
- 100% Gifts Allowed
- 1-4 Units, Condos, Co-ops; Including Second Homes
- Loans from $150,000 to $3 Million
- Cash-Out up to $1 Million
- Up to 85% LTV (4 Years Out of Housing or Credit Event)
- Up to 75% LTV (1 Day Out of Housing or Credit Event)
- 12 Months Business or Personal Bank Statements
- 2 Years Self-Employed
- Purchase, Rate-Term, and Cash-Out Refinance
- Owner-Occupied, 2nd Homes, & Non-Owner Occupied
- 4 Years Seasoning for Foreclosure, Short Sale, or Bankruptcy
- Max Loan Amount up to $4M
- Interest-Only Option Available
- 1-4 Units, Non-Warrantable Condos and Condotels OK
- 4 Years Seasoning for Foreclosure, Short Sale, or Bankruptcy
- Primary Residence, Second Homes, Investment / Business Purpose Properties
- 90% up to $1M with 700 Score
- Foreign Borrowers Permitted
- Min 660 Credit Score
- Gifts Permitted
- Income Verification Letter from Employer or CPA Accepted
- Properties Can be in LLC’s Name
- No Tax Returns Required
- Foreign Credit Report Allowed
- Competitive Rates
LTVs up to 70% - Various Visa Types Accepted
- ITIN Available up to 80%
- No Statement of Income, NO DTI Calculated
- No Tax Returns, W2s, or Pay Stubs Required
- Loan Amounts up to $2,500,000
- Up to 60% LTV
- 100% Gifts Acceptable
- Loans from $150,000 to $3 Million
- Max LTV 85% with 680 Score
- No Tax Returns are Required
- Rates in the Low 5s
- Most Recent 1 or 2
- Years 1099 + YTD P/L Allowed
- YTD Earnings Verified from P/L, Paystubs, or Bank Statements
- 1099s Must be from a Single Employer
- Borrower Must be Self-Employed with Same Employer for 2 years
- Owner-Occupied, 2nd Homes, and Non
- Owner Occupied
- Purchase and Cash-Out or Rate-Term Refinance
- 4 Years Seasoning for Foreclosure, Short Sale, or Bankruptcy
- Loans up to $3 million, Minimum
- Loan of $75,000
- Qualification Based on Property Cash Flow
- Up to 80% LTV for Purchase, 70% LTV for R/T Refi and 65% LTV for Cash-out Refi
- 660 with DSCR=>1 or 680 with DSCR<1%
- No Personal Income / No Employment Needed
- Qualify on Interest-Only Payments
- Properties can be in LLC’s Name
- No Limit on Total Number of Properties
- Purchase and Cash-Out or Rate-Term Refinance
- Non-Warrantable Condos OK
- Foreign Borrowers Permitted
- No Limit Cash-in-Hand
