Breaking News in Non-QM Loan Solutions

Non-QM Loan Breaking News

HomeXpress Mortgage Changes the Future of Non-QM Loan Solutions!


HomeXpress Mortgage has done it again! New program changes are here to help more brokers close more deals by offering incredibly flexible Non-QM loan solutions to their borrowers.  Give us a call at (855) 598-1430 or fill out our loan scenario to get started.

The Future of Non-QM Loan Solutions

For years, the team at HomeXpress Mortgage has offered some of the lowest rates in the industry and programs that allowed more borrowers to participate in the American dream.  These include our popular CoreX, PrimeX, and InvestorX Non-QM loan solutions for both consumer and business purposes.  Now we’re introducing the following changes that will make it even easier for brokers to assist their borrowers.

General Non-QM Loan Program Changes

  • New 3 month bank statement program
  • Profit and Loss Only program
  • AirBnb/VRBO short-term rentals now allowed on our InvestorX DSCR program

3 Month Bank Statements

  • Only 3 months of personal or business bank statements required to qualify your borrowers for Non-QM loan solutions
  • Minimum 600 FICO credit score
  • Updated forbearance guidelines to allow deferred payments
  • Non-QM loans up to $3,000,000


  • Our entry level Non-QM loan solution
  • Minimum FICO score of 600
  • Financed discount points allowed up to 80% LTV
  • Updated forbearance guidelines allowing deferred payments
  • Increased LTV for Non-QM loans $2,000,000 and greater by 5% for FICO scores over 720
  • Added Profit and Loss Only, limited to 75% LTV
  • Increased LTV for second homes to 80% LTV for purchase or rate/term and 75% LTV for cash-out


  • Minimum FICO score of 640 for this popular Non-QM loan
  • Loan amounts as high as $3,000,000
  • Updated forbearance guidelines to allow for deferred payments
  • Increased LTV for Non-QM loans $2,000,000 and greater by 5% for FICO scores over 720
  • Cash out up to $1,000,000 for FICO scores of 660 and higher.


  • Our Business Purpose Non-QM solution is now even better!
  • Minimum FICO score of 600
  • Only 2 ratings required- housing history on the subject property and an investor’s primary residence
  • Reserves not required when LTV is less than  65% LTV
  • DSCR’s below .75!
  • AirBnb/VRBO short-term rentals are now allowed!

As leaders in Non-QM lending, HomeXpress Mortgage continues to evolve and enhance our product offerings.  Contact us today to take advantage of new lowered rates, alternative documentation, and more.  Submit a scenario to find out how you can help more borrowers. (855) 598-1430