What is our Flex Select program?
The Flex Select program is a Non-QM loan solution designed with precision and flexibility in mind. With an LTV of up to 90% and a wide loan amount range, it’s suitable for diverse financial scenarios. The program’s core strength lies in its adaptability, whether for owner-occupied residences, second homes or investment properties, it provides a structured yet accommodating approach. With a clear focus on the borrower’s financial profile, the program requires only a minimum FICO of 640 based on the primary wage earners middle score. Its reduced documentation period and a pragmatic view on recent credit events underscore its commitment to efficiency. In addition to the full documentation option, this product also provides options for the self-employed borrower to determine what documents will best tell their financial story utilizing either business or personal bank statements, 1099 or P&L with or without bank statements to qualify. When the agency route just won’t work for your borrower’s specific scenario, our Flex Select program is a perfect alternative. In essence, the Flex Select program offers a balanced, professional and comprehensive mortgage solution.
Need a Flex Select loan scenario review?
If you have a client scenario that you would like our team to review, please use our simple prequal submission form.