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        Bennett Capital Partners has over 20+ years of experience originating Conventional and Non-QM mortgages. If you have an urgent deal that needs to close or have a borrower that needs a pre-approval letter please reach out to us. We are available 7 days a week and have the experience to help you navigate the most difficult transactions. 

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      Our Conventional or QM (Qualified Mortgages) programs have the same or better rates than banks and have an average close time of 2 weeks. To qualify for a Conventional loan a borrower must have at least a 620 FICO score and prove their Ability to Repay the loan with full income verification. 

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      A Non-QM loan does not meet the standards of a Conventional (QM) mortgage. Non-QM mortgages allow lower FICO scores (Down to a 500) and use non-traditional methods of income verification (No Tax Returns Required) to help a borrower get approved for a home loan. 

 

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CONVENTIONAL PROGRAM HIGHLIGHTS

  • 30, 25, 20, 15, and 10-Year Fixed 

  • Primary, 2nd Home, or Investment

  • 2-1 Temporary Rate Buydowns (NEW)

  • Combo HELOC's (Automatically approved with 1st Mortgage) (New Lenders)

  • 620 Minimum FICO Score (Required)

  • Lowest Rate program (Bank Rates)

  • Single Family, Condo, Townhouses or Multi-family (2-4 units)

  • Purchase, Refinance and Cash Out Refinance 

  • Warrantable Condos Only

  • $647,250 Loan Max

  • Combo Program up to $1,147,250 ($500K Second Allowed)

  • Pre-Approved Condo List Available upon request

  • We pre-screen all condos before submission

  • High Balance – 95% Loan to Value on all programs

  • 97% Loan to Value allowed - Income Restricted

  • Low Private Mortgage Insurance Options

  • No Escrows above 80%

  • Full Income Verification Required (Paystubs, W2's, and or Tax Returns)

  • First Time Homebuyer Programs

  • Quick closings! 2 weeks on average

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  NON-QM PROGRAM HIGHLIGHTS

  • 40, 30, 15 Year Terms Available 

  • No Pre-Payment Penalties on Primary Residences

  • No Point Options Available (Low Cost)

  • Primary, 2nd Home, or Investment

  • 500 Minimum FICO Score (Required)

  • Purchase, Refinance, and Cash Out Refinance 

  • Single Family, Condo, Condo-Hotel, Townhouses, or Multi-family 

  • Warrantable and Non-Warrantable Condos Allowed

  • No Condo Questionnaire programs

  • DSCR and No Ratio Rental Property Programs 

  • $25M Max Loan Amounts

  • Up to 95% LTV

  • No PMI Above 80% LTV

  • Investment Properties can close in an LLC or Personal Title

  • Alternative Income Verification (No Tax Returns Required)

    • Business or Personal Bank Statements (2,3,12 and 24 Months Statements)

    • Profit and Loss (Borrower and CPA Prepared)

    • 12 Months Income (Only 1 Year Tax Returns if Self Employed)

    • No Income / No Employment Owner Occupied 

    • Asset Utilization - (Assets / 36 or 60 Months = Income For Loan!) (New Lenders)

    • Subject Rental Income Only

    • K1 and W2's only

    • DSCR - Rental Income to qualify

    • No DSCR - No Rental Income required

    • Foreign Nationals - No Credit Needed and No Income Verified

    • Bridge Loans (New Lenders)

  • Quick closings! 2-4 weeks depending on lender and program

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All loans are subject to credit approval. Interest rates are subject to change daily and without notice. Actual terms and conditions will depend on the details of each application and will vary upon the loan type, purpose, lock-in period, credit score and loan to value. This advertisement shall not be deemed to be an offer to extend credit and subject to final credit approval. Call or email us today with the details of your real estate needs for a customized quote.


* Terms may vary based on your particular situation, purchase, cash-out or rate/term transaction. Rate adjustments and prepayment penalties may apply.


Copyright ©2022 Bennett Capital Partners, LLC. All rights reserved.

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