We specialize in Non-QM (Non-Qualified Mortgage) financing solutions to help borrowers qualify using alternative documentation.
Super-Jumbo Loans Up to $10 Million
Financing luxury properties in Michigan requires lenders with experience. Our Super-Jumbo Loan programs provide financing up to $10 million without a lengthy exception process. If you’re purchasing a waterfront estate along Lake Michigan, a luxury property in Bloomfield Hills, or a high-value investment property, our jumbo financing solutions are designed to accommodate larger loan amounts while maintaining a streamlined approval process.
Assisted Living Property Financing
Michigan’s growing senior population continues to create demand for residential assisted living facilities and adult care homes. We offer financing for qualifying assisted living and care facilities that maintain a residential property profile. These specialized financing programs help investors and operators acquire, refinance, or expand residential care facilities throughout Michigan.
Assets-Only Mortgage Qualification
Many borrowers have substantial assets but limited reportable income. Our Assets-Only Program allows qualified borrowers to use their liquid assets to demonstrate their ability to repay the loan. In many cases, borrowers can qualify using assets sufficient to cover the loan amount, closing costs, and required reserves without relying on traditional income calculations or depletion formulas. This program is especially beneficial for retirees, high-net-worth individuals, entrepreneurs, and investors with significant cash reserves.
Second Mortgages Up to $1 Million
Homeowners throughout Michigan are sitting on substantial home equity. Our Non-QM second mortgage programs allow borrowers to access that equity without disturbing their existing first mortgage. We offer second liens up to $1 million, making this one of the most flexible home equity solutions available today.
- Business investments
- Debt consolidation
- Property renovations
- Real estate investments
- Cash reserves
- Major purchases
True Profit & Loss Only Qualification
Many self-employed borrowers find it difficult to qualify for traditional financing due to tax write-offs and complex income structures. Our True P&L-Only Program allows qualifying borrowers to use a Profit & Loss statement as the primary income documentation. No bank statements are required. This program is available for both first mortgages and second liens, providing self-employed borrowers with a financing solution that better aligns with how their businesses actually operate.
DSCR Loans for Michigan Real Estate Investors
Real estate investors across Michigan continue to benefit from Debt Service Coverage Ratio (DSCR) financing. These programs allow borrowers to qualify based on the property’s cash flow rather than personal income.
- DSCR Loans
- DSCR No Ratio Loans
- DSCR Second Mortgages
- Cash-Out Refinances
- Purchase Financing
Contact us to learn more about our extensive Non-QM mortgage programs.
