Full doc Non-QM loans.
8 cakes take full doc.
Every cake with a published matrix for this income type, largest loan first. Open one for its limits and matrix.
- Coffee Cake Lite
620+ · 90% LTV · to $4M
- Cup Cake
620+ · 90% LTV · to $4M
- Bundt Cake
620+ · 90% LTV · to $3M
- Sponge Cake
620+ · 90% LTV · to $3M
- Funnel Cake
660+ · 90% LTV · to $3M
- Pound Cake Lite
660+ · 90% LTV · to $3M
- Cup Cake Investor
620+ · 85% LTV · to $3M
- Bundt Cake Investor
660+ · 85% LTV · to $3M
- Cheese Cake
660+ · 85% LTV · to $3M
- Velvet Cake
660+ · 85% LTV · to $3M
- Coffee Cake
680+ · 80% LTV · to $2.5M
- Funnel Cake Lite
620+ · 80% LTV · to $2M
- Sponge Cake Lite
620+ · 80% LTV · to $1.5M
What the file needs.
Paystubs and W-2s, or one or two years of personal and business tax returns. Depreciation, depletion, amortization, and documented one-time expenses may be added back.
- Paystubs covering 30 days with year-to-date earnings, plus one or two years of W-2s, or a third-party verification such as The Work Number
- Self-employed: one or two years of signed personal and business returns with all K-1s, and evidence of filing
- IRS Form 4506-C
- Maximum DTI of 50%, or as the matrix allows
From the Non-QM guidelines, version 5.0, section 5.1, 5.2, 7.2. The guidelines and matrix govern every file.
Read the guidelines (PDF, opens in a new tab)Check a scenario.
Move the score, LTV, and loan amount. The cakes that take it line up.
Other ways to document income
Have one of these files?
Talk it through with an account executive at (833) 717-0401 before you submit, or apply to become a partner and submit in TPO Connect.
Already approved? Log in to TPO Connect (opens in a new tab)
