Of the loans in the pool of 673 loans with a balance of approximately $357.4 million, 54.5% are designated as Non-QM.
Tagged: Non-QM
Explorer Equity program offers flexible guidelines and expanded credit parameters for borrowers who may not otherwise qualify.
The $524.5 million non-prime RMBS transaction consists of mortgages originated by various lenders, including Castle Mortgage.
The Smart Series offers self-employed, others the opportunity to buy homes at fair price points through expanded guidelines.
What’s happening with Non-QM loans? Are more borrowers finding themselves in unconventional employment situations or is the industry looking for a new product?
Program offers both fixed and adjustable-rate mortgages.
Residential mortgage-backed notes supported by 573 loans with a total interest-bearing balance of $270 milllion.
Certificates are supported by 909 loans originated by A&D Mortgage with a balance of approximately $392.11 million.
The certificates are supported by 747 loans with a balance of $394.59 million; of the loans, 66.4% are designated as Non-QM.