Tagged: Bank Statement Loans

New Advantage program offers more flexibility for borrowers with past credit events, self-employed buyers using bank statements, and real estate investors

How choosing the right income-documentation method upfront can help originators avoid costly delays, underwriting setbacks, and missed opportunities in Non-QM lending

For business owners and investors, purchase price, negotiating power, and cash flow can create reasons to buy before rates fall

Non-QM lock volume rose 8% from August while overall activity declined, and adjustable-rate loans captured their largest share since Optimal Blue’s tracking began in 2019

Investor and DSCR loans drive the segment’s growth as conforming lending loses ground

Institutional capital is fueling Non-QM’s growth, but stronger data integrity and auditable underwriting will determine which lenders endure

The Non-QM specialist will underwrite and fund California loans in-house while retaining access to more than 90 wholesale lenders across its broader footprint

Angel Oak panel points to past clients, trapped equity, and harder-to-finance properties as overlooked sources of production

Model separately analyzes bank-statement, DSCR, and full-documentation collateral using data from approximately 226,000 loans

The retail lender is expanding its alternative-income products and originator training to capture borrowers outside agency guidelines