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AD Mortgage Correspondent

Effective Immediately – Non-QM Program Updates

Effective Immediately – Non-QM Program Updates

Discover new changes effective immediately on our Non-QM programs as of February 9, 2021:

SUPER PRIME:

  • 90% LTV is available with a 700 Credit Score
  • 85% LTV is available with a 660 Credit Score
  • No adjustment for 24 months Bank Statements
  • Rates for 12 months Bank Statements Improved

PRIME:

  • No adjustment for 24 months Bank Statements
  • Rates for 12 months Bank Statements Improved

DSCR:

  • Higher Loan amounts are now more affordable with adjustments reduced up to 0.5%
  • Loan amounts up to $3mm now available

FOREIGN NATIONAL:

  • Rates reduced by 0.75%

For more information on our programs visit https://adcorrespondent.com/our-programs/