LendingPros - Wholesale Lending for Mortgage Brokers
Non-QM Closed-End Seconds up to 90% CLTV

Reach more clients and give them more borrowing power with Non-QM Closed-End Seconds!

Maximize your clients’ equity borrowing power! A primary concern for borrowers is fear of losing their existing interest rate on their Non-QM loan in order to access their equity. A Closed-End Second may be a solution. It gives clients the ability to borrow a lump sum all at once.

Program Highlights:

  • 90% Max CLTV Full Doc, 85% CLTV Bank Statement
  • Owner Occupied, 2nd Home and Investment Properties
  • ITIN, One Year Self Employed available
  • Purchase, Rate/Term Refinance, and Cash-Out Refinance Available
  • Fixed Term Rates Available
    • Terms: 15 & 30 year
  • Credit Scores down to 660
  • Loan Amounts to $500,000
  • Eligible as 2nd lien only
  • Fully disbursed at closing, no draw feature
  • Qualifying payment is fully amortized payment
  • Minimum loan amount $100,000
Contact your Account Executive for more information.

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