Non-QM (ALP)

A Subprime, or Alternative Lending Program (ALP), is designed to assist borrowers who may not qualify for traditional financing due to credit challenges, limited income documentations, or unique financial circumstances. These programs offer more flexible underwriting guidelines and a range of loan options tailored to individual needs. Subprime (ALP) loans can help borrowers achieve homeownership or refinancing goals when conventional lending standards are difficult to meet.

  • Credit score flexibility

  • Higher debt ratio allowed (up to 50% DSCR)

  • Access to financing

  • Credit-building opportunity

  • Option to refinance later

  • Non warrantable

  • Fixed & Flip program

  • Bank statements for income

  • Stated income
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