Non-QM Lendz Financial Digital Lending Platform Reliable Mortgage Lender

modern
Non-qm

Lending for today's borrower.

Owner Occupied

Business Purpose

Which Series is right for you?

Select an income type above to find out*

Standard Docs

Series 1

Series 2

Series 3

Platinum

90%

Max LTV

660 Min FICO

LTV ≤ 85%: 6m
LTV > 85%: 12m
LA > $1.5M: 9m
LA > $2.5M: 12m

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

0x30x12

Housing History

48 months

Credit Event

90 days

Document Age

80% LTV

Non-Perm

$2,500

Residual Income

Gold

85%

Max LTV

600 Min FICO

LTV ≥ 80%: 6m
LTV < 80%: 3m

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12 - 85%
80% Refi
0x60x12 - 80%
75% Refi
0x90x12 - 70%
No Refi

Housing History

≥36m: 85%/80% Refi
≥ 24m: 80%/75% Refi
≥12m: 70%/No Refi

Credit Event

90 days

Document Age

80% LTV

Non-Perm

$2,500

Residual Income

Platinum

90%

Max LTV

660 Min FICO

≤ $1M - 6m
≤ $2M - 9m
≤ $3M - 12m

Reserves

2x24 or 3x12
OR 1x36 mortgage or installment w/ activity in the last 12 months

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12

Housing History

48 months

Credit Event

120 days

Document Age

90% LTV

Non-Perm

$2,500

Residual Income

Gold

85%

Max LTV

620 Min FICO

3m

Reserves

2x24 or 3x12
OR 1x36 mortgage or installment w/ activity in the last 12 months

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

0x60x12 - 80%
70% Refi
1x120x12 - 70%
No Refi

Housing History

≤70% LTV or Ch. 13 Discharged - 1 Day
>70% LTV - 24m

Credit Event

120 days

Document Age

80% LTV

Non-Perm

$1,500

Residual Income

Platinum

90%

Max LTV

660 Min FICO

≤ $2M - 6m
> $2M - 9m

Reserves

2x24 or 3x12

Tradelines

< 6m - exception
6-12 months – Max 75% for Owner Occupied, Max 70% for 2nd homes and non-owner occupied.

Cash Out Seasoning

0x30x12

Housing History

48 months

Credit Event

120 days

Document Age

80% LTV

Non-Perm

1 borrower $1550
2 borrowers $2500
Add $150 per additional

Residual Income

Gold

80%

Max LTV

620 Min FICO

≤ $1M - 3m
≤ $2M - 6m
> $2M - 9m

Reserves

2x24 or 3x12

Tradelines

< 6m - exception
6-12 months – Max 75% for Owner Occupied, Max 70% for 2nd homes and non-owner occupied.

Cash Out Seasoning

0x60x12

Housing History

24m - no LLPA
1yr - LLPA

Credit Event

120 days

Document Age

80% LTV

Non-Perm

1 borrower $1550
2 borrowers $2500
Add $150 per additional

Residual Income

Bank Statements

Series 1

Series 2

Series 3

Platinum

90%

Max LTV

660 Min FICO

LTV ≤ 85%: 6m
LTV > 85%: 12m
LA > $1.5M: 9m
LA > $2.5M: 12m

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

0x30x12

Housing History

48 months

Credit Event

90 days

Document Age

80% LTV

Non-Perm

$2,500

Residual Income

Gold

85%

Max LTV

600 Min FICO

LTV ≥ 80%: 6m
LTV < 80%: 3m

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12 - 85%
80% Refi
0x60x12 - 80%
75% Refi
0x90x12 - 70%
No Refi

Housing History

≥36m: 85%/80% Refi
≥ 24m: 80%/75% Refi
≥12m: 70%/No Refi

Credit Event

90 days

Document Age

80% LTV

Non-Perm

$2,500

Residual Income

Platinum

90%

Max LTV

660 Min FICO

≤ $1M - 6m
≤ $2M - 9m
≤ $3M - 12m

Reserves

2x24 or 3x12
OR 1x36 mortgage or installment w/ activity in the last 12 months

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12

Housing History

48 months

Credit Event

120 days

Document Age

90% LTV

Non-Perm

$2,500

Residual Income

Gold

85%

Max LTV

620 Min FICO

3m

Reserves

2x24 or 3x12
OR 1x36 mortgage or installment w/ activity in the last 12 months

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

0x60x12 - 80%
70% Refi
1x120x12 - 70%
No Refi

Housing History

≤70% LTV or Ch. 13 Discharged - 1 Day
>70% LTV - 24m

Credit Event

120 days

Document Age

80% LTV

Non-Perm

$1,500

Residual Income

Platinum

90%

Max LTV

660 Min FICO

≤ $2M - 6m
> $2M - 9m

Reserves

2x24 or 3x12

Tradelines

< 6m - exception
6-12 months – Max 75% for Owner Occupied, Max 70% for 2nd homes and non-owner occupied.

Cash Out Seasoning

0x30x12

Housing History

48 months

Credit Event

120 days

Document Age

80% LTV

Non-Perm

1 borrower $1550
2 borrowers $2500
Add $150 per additional

Residual Income

Gold

80%

Max LTV

620 Min FICO

≤ $1M - 3m
≤ $2M - 6m
> $2M - 9m

Reserves

2x24 or 3x12

Tradelines

< 6m - exception
6-12 months – Max 75% for Owner Occupied, Max 70% for 2nd homes and non-owner occupied.

Cash Out Seasoning

0x60x12

Housing History

24m - no LLPA
1yr - LLPA

Credit Event

120 days

Document Age

80% LTV

Non-Perm

1 borrower $1550
2 borrowers $2500
Add $150 per additional

Residual Income

Profit and Loss Only

Series 1

Series 2

Series 3

Platinum

80%

Max LTV

660 Min FICO

LTV ≤ 85%: 6m
LTV > 85%: 12m
Loan Amount > $1.5M: 9m
Loan Amount > $2.5M: 12m

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

0x30x12

Housing History

48 months

Credit Event

90 days

Document Age

80% LTV

Non-Perm

$2,500

Residual Income

Gold

80%

Max LTV

660 Min FICO

LTV ≥ 80%: 6m
LTV < 80%: 3m

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12 - 80% / 80% Refi
0x60x12 - 80% / 75% Refi
0x90x12 - 70% / No Refi

Housing History

>=36 Mo - 80% / 80% Refi
>= 24 Mo - 80% / 75% Refi
>= 12 Mo - 70% / No Refi

Credit Event

90 days

Document Age

80% LTV

Non-Perm

$2,500

Residual Income

Platinum

Not Available

Gold

Not Available

Platinum

Not Available

Gold

Not Available

WVOE Only

Series 1

Series 2

Series 3

Platinum

80%

Max LTV

660 Min FICO

LTV ≤ 85%: 6m
LTV > 85%: 12m
Loan Amount > $1.5M: 9m
Loan Amount > $2.5M: 12m

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

0x30x12

Housing History

48 months

Credit Event

90 days

Document Age

80% LTV

Non-Perm

$2,500

Residual Income

Gold

80%

Max LTV

660 Min FICO

LTV ≥ 80%: 6m
LTV < 80%: 3m

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12 - 80% / 80% Refi
0x60x12 - 80% / 75% Refi
0x90x12 - 70% / No Refi

Housing History

>=36 Mo - 80% / 80% Refi
>= 24 Mo - 80% / 75% Refi
>= 12 Mo - 70% / No Refi

Credit Event

90 days

Document Age

80% LTV

Non-Perm

$2,500

Residual Income

Platinum

Not Available

Gold

Not Available

Platinum

Not Available

Gold

Not Available

1099 Only

Series 1

Series 2

Series 3

Platinum

90%

Max LTV

660 Min FICO

LTV ≤ 85%: 6m
LTV > 85%: 12m
Loan Amount > $1.5M: 9m
Loan Amount > $2.5M: 12m

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

0x30x12

Housing History

48 months

Credit Event

90 days

Document Age

80% LTV

Non-Perm

$2,500

Residual Income

Gold

85%

Max LTV

660 Min FICO

LTV ≥ 80%: 6m
LTV < 80%: 3m

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12 - 85% / 80% Refi
0x60x12 - 80% / 75% Refi
0x90x12 - 70% / No Refi

Housing History

>=36 Mo - 85% / 80% Refi
>= 24 Mo - 80% / 75% Refi
>= 12 Mo - 70% / No Refi

Credit Event

90 days

Document Age

80% LTV

Non-Perm

$2,500

Residual Income

Platinum

90%

Max LTV

660 Min FICO

≤ $1M - 6m
≤ $2M - 9m
≤ $3M - 12m

Reserves

2x24 or 3x12
OR 1x36 mortgage or installment w/ activity in the last 12 months

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12

Housing History

48 months

Credit Event

120 days

Document Age

90% LTV

Non-Perm

$2,500

Residual Income

Gold

85%

Max LTV

620 Min FICO

3m

Reserves

2x24 or 3x12
OR 1x36 mortgage or installment w/ activity in the last 12 months

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

0x60x12 - 80% / 70% Refi
1x120x12 - 70% / No Refi

Housing History

≤70% LTV or Ch. 13 Discharged - 1 Day
>70% LTV - 24m

Credit Event

120 days

Document Age

80% LTV

Non-Perm

$1,500

Residual Income

Platinum

Not Available

Gold

Not Available

Asset Utilization

Series 1

Series 2

Series 3

Platinum

90%

Max LTV

660 Min FICO

LTV ≤ 85%: 6m
LTV > 85%: 12m
Loan Amount > $1.5M: 9m
Loan Amount > $2.5M: 12m

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

0x30x12

Housing History

48 months

Credit Event

90 days

Document Age

80% LTV

Non-Perm

$2,500

Residual Income

Gold

Not Available

Platinum

80%

Max LTV

660 Min FICO

≤ $1M - 6m
≤ $2M - 9m
≤ $3M - 12m

Reserves

2x24 or 3x12
OR 1x36 mortgage or installment w/ activity in the last 12 months

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12

Housing History

48 months

Credit Event

120 days

Document Age

80% LTV

Non-Perm

$2,500

Residual Income

Gold

Not Available

Platinum

Not Available

Gold

Not Available

DSCR (1-4 Units)

Series 1

Series 2

Series 3

DSCR ≥ 1

80%

Max LTV

620 Min FICO

1.00 Min DSCR

$100,000

Min. Loan

$3,500,000

Max Loan

2m
> $1.5M - 6m
> $2.5M - 12m

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12

Housing History

36 months

Credit Event

90 days

Document Age

70% LTV

Non-Perm

75% LTV

First Time Investor

DSCR <1

75%

Max LTV

660 Min FICO

No Ratio

Min DSCR

$150,000

Min. Loan

$3,000,000

Max Loan

2m
> $1.5M - 6m
> $2.5M - 12m

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12

Housing History

36 months

Credit Event

90 days

Document Age

70% LTV

Non-Perm

75% LTV

First Time Investor

DSCR ≥ 1

80%

Max LTV

660 Min FICO

1.00 Min DSCR

$100,000

Min. Loan

$2,000,000

Max Loan

6m

Reserves

2x24 or 3x12
OR 1x36 mortgage or installment w/ activity in the last 12 months

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12

Housing History

36 months

Credit Event

120 days

Document Age

70% LTV

Non-Perm

70% LTV

First Time Investor

DSCR <1

Not Available

DSCR ≥ 1

80%

Max LTV

620 Min FICO

1.00 Min DSCR

$100,000

Min. Loan

$2,500,000

Max Loan

≤ $1.5m – 0m ≤ 70%,
6m > 70%
$2.5m – 9 months
Cash-out – 6 months

Reserves

2x24 or 3x12

Tradelines

< 6m - exception
6-12m - Max 70%

Cash Out Seasoning

1x30x12

Housing History

48 months

Credit Event

120 days

Document Age

1-2 Unit Properties Only

Non-Perm

75% LTV

First Time Investor

DSCR <1

70%

Max LTV

680 Min FICO

0.85 Min DSCR

$175,000

Min. Loan

$2,000,000

Max Loan

≤ $1.5M – 3m
≤ $2.0M – 9m

Reserves

2x24 or 3x12

Tradelines

< 6m - exception
6-12m - Max 70%

Cash Out Seasoning

1x30x12

Housing History

48 months

Credit Event

120 days

Document Age

1-2 Unit Properties Only

Non-Perm

Not Allowed

First Time Investor

DSCR (5-8 Units & Mixed Use)

Series 1

Series 2

Series 3

DSCR ≥ 1

75%

Max LTV

660 Min FICO

$400,000

Min. Loan

$2,000,000

Max Loan

6 months
> $1.5M: 9-months
> $2.5M: 12-months
Cash out may not be used to satisfy requirement

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x24

Housing History

24 months

Credit Event

90 days

Document Age

70% LTV

Non-Perm

2 acres not meeting rural definition

Acreage

Not Eligible

First Time Investor

DSCR <1

Not Available

DSCR ≥ 1

Not Available

DSCR <1

Not Available

DSCR ≥ 1

Not Available

DSCR <1

Not Available

Cross Collateral (DSCR)

Series 1

Series 2

Series 3

DSCR ≥ 1.20

70%

Max LTV

660 Min FICO

$400,000

Min. Loan

$3,000,000

Max Loan

6 months

Reserves

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12

Housing History

24 months

Credit Event

90 days

Document Age

70% LTV

Non-Perm

3-25

Property Count

DSCR <1.20

Not Available

DSCR ≥ 1.20

Not Available

DSCR <1.20

Not Available

DSCR ≥ 1.20

Not Available

DSCR <1.20

Not Available

Foreign National

Series 1

Series 2

Series 3

Income

75%

Max LTV

2yrs + YTD letter from Employer or Foreign CPA

Documentation

680 US Credit or foreign credit reference letters

Credit

$100,000

Min. Loan

$2,000,000

Max Loan

12 months

Reserves

Credit reference letter for 2 tradelines open and active 2 years

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

0x30x12 (if documented)

Housing History

36 months

Credit Event

90 days

Document Age

Russia & Belarus
Venezuela requires an exception

Country Restrictions

DSCR

75%

Max LTV

1.00 - > 65% LTV
No Ratio ≤ 65% LTV

Min DSCR

680 US Credit or foreign credit reference letters

Credit

$100,000

Min. Loan

$2,000,000

Max Loan

12 months

Reserves

Credit reference letter for 2 tradelines open and active 2 years

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

0x30x12 (if documented)

Housing History

36 months

Credit Event

90 days

Document Age

Russia & Belarus
Venezuela requires an exception

Country Restrictions

Income

Not Available

DSCR

65%

Max LTV

≥ 1.00

Min DSCR

Foreign credit reference letters

Credit

$100,000

Min. Loan

$1,000,000

Max Loan

12 months

Reserves

Credit reference letter for 3 Open Accounts with a 2 year history showing 0x30

Tradelines

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

modern Non-qm

Which Series is right for you?

Select an income type above to find out*

Standard Docs

Series 1

Series 1

Series 2

Series 2

Series 3

Series 3

Platinum

90%

Max LTV

660

Min FICO

LTV ≤ 85%: 6m LTV > 85%: 12m LA > $1.5M: 9m LA > $2.5M: 12m

Reserves

2x24 or 3x12 3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

0x30x12

Housing History

48 months

Credit Event

90 days

Document Age

80% LTV

Non-Perm

$2,500

Residual Income

Gold

85%

Max LTV

600

Min FICO

LTV ≥ 80%: 6m LTV < 80%: 3m

Reserves

2x24 or 3x12 3 Credits Scores Waives Tradeline Requirement

Tradelines

< 6m - exception 6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12 - 85%80% Refi 0x60x12 - 80%75% Refi 0x90x12 - 70%No Refi

Housing History

≥36m: 85%/80% Refi ≥ 24m: 80%/75% Refi ≥12m: 70%/No Refi

Credit Event

90 days

Document Age

80% LTV

Non-Perm

$2,500

Residual Income

Platinum

90%

Max LTV

660

Min FICO

≤ $1M - 6m ≤ $2M - 9m ≤ $3M - 12m

Reserves

2x24 or 3x12 OR 1x36 mortgage or installment w/ activity in the last 12 months

Tradelines

< 6m - exception 6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

Cash Out Seasoning

1x30x12

Housing History

48 months

Credit Event

120 days

Document Age

90% LTV

Non-Perm

$2,500

Residual Income

Gold

85%

Max LTV

620

Min FICO

3m

Reserves

modern
Non-qm

LTV ≤ 85%: 6m
LTV > 85%: 12m
LA > $1.5M: 9m
LA > $2.5M: 12m

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

LTV ≥ 80%: 6m
LTV < 80%: 3m

2x24 or 3x12
3 Credits Scores Waives Tradeline Requirement

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

1x30x12 - 85%
80% Refi
0x60x12 - 80%
75% Refi
0x90x12 - 70%
No Refi

≥36m: 85%/80% Refi
≥ 24m: 80%/75% Refi
≥12m: 70%/No Refi

≤ $1M - 6m
≤ $2M - 9m
≤ $3M - 12m

2x24 or 3x12
OR 1x36 mortgage or installment w/ activity in the last 12 months

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

2x24 or 3x12
OR 1x36 mortgage or installment w/ activity in the last 12 months

< 6m - exception
6-12m - property value limited to lower of appraisal or original purchase price plus documented improvements

0x60x12 - 80%
70% Refi
1x120x12 - 70%
No Refi

≤70% LTV or Ch. 13 Discharged - 1 Day
>70% LTV - 24m

≤ $2M - 6m
> $2M - 9m

< 6m - exception
6-12 months – Max 75% for Owner Occupied, Max 70% for 2nd homes and non-owner occupied.

1 borrower $1550
2 borrowers $2500
Add $150 per additional

≤ $1M - 3m
≤ $2M - 6m
> $2M - 9m

< 6m - exception
6-12 months – Max 75% for Owner Occupied, Max 70% for 2nd homes and non-owner occupied.

24m - no LLPA
1yr - LLPA

1 borrower $1550
2 borrowers $2500
Add $150 per additional

LTV ≤ 85%: 6m
LTV > 85%: 12m
LA > $1.5M: 9m
LA > $2.5M: 12m