How this mortgage path is commonly used
Non-qualified mortgage programs can consider bank statements, assets, profit-and-loss statements, property cash flow, or other documentation depending on the program.
Potential features
- Alternative income-documentation choices
- Potential solutions for self-employed borrowers and investors
- Primary, second-home, and investment uses may be available
- Bank-statement and asset-depletion paths
Important considerations
- Terms can differ from agency loans
- Down payment and reserves may be higher
- Documentation remains substantial
- Ability-to-repay and program requirements apply
Common starting points
Self-employed borrowersInvestors and business ownersBorrowers with significant assets or variable income
A practical way to evaluate your options
01
Define the goal
Purchase, refinance, build, invest, or use equity.
02
Review the full payment
Include taxes, insurance, mortgage insurance, and association dues.
03
Prepare the profile
Income, assets, credit, property, and occupancy all shape available paths.
04
Complete underwriting
Only a complete application and underwriting can establish approval and terms.
Educational information, not a commitment to lend
Program availability, guidelines, pricing, and documentation requirements can change. Contact duPont Lending for information specific to your scenario.