Sometimes, “off-the-rack” might not fit you. Depending on your specific needs, a specialized mortgage may prove to be the vehicle needed to get you home. Complex income, large scale investments, challenged credit, and limited documentation are all scenarios that we see daily. As your NQM (Non-Qualified Mortgage) Expert, FDM has the solution that your unique situation may require. Put our years of experience to work for you today!
Federal Home Loan Bank of Atlanta (FHLB)
Up to $15,000 for down payment/ closing costs
Virginia Housing
Up to 4.5% for down payment/ closing costs
Mortgage Credit Certificates (MCC)
SPARC Program (up to 1% interest rate reductions)
FDM FHA 100
Up to 3.5% for down payment
Maryland Mortgage Program (MMP)
Up to 4.5% for down payment
Student loan consolidation as part of purchase
FDM Welcome Home Credit
Up to 2% in closing cost assistance
12 & 24 month bank statement Program
Up to 90% LTV
Income qualification based on average deposits
Profit & Loss bank statement Program
Up to 90% LTV
Income qualification based on P&L
Debt Service Coverage Ratio (DSCR) Program
Up to 80% LTV
Income qualification based on cash flow of subject property (Non-owner only)
Standard ITIN Program
Up to 85% LTV
Full or alt doc options available
FDM LINK PROGRAM
96.5% LTV for non-Agency borrowers
ITIN, self-employed <2 years, significant credit events, limited credit profile
Fix-N-Flip Line of Credit
Exposure from $500K to $5M
Qualification based on FICO, assets, and investor experience
Allows for quick project completions in rapid succession
Traditional Commercial Lending Solutions
Warehouse, retail, professional office condos, suites, apartment buildings
Up to 75% LTV
RENOfi
After purchase close HELOC Option
Up to 125% LTV
To be used for renovations and property
Construction Loans
Both construction-to-perm (C/P) and one-time-close (OTC)
LTV up to 90%
Doctor Program
95% LTV
Up to $2M
No PMI
Vacant Land Loans (buildable)
Up to 70% LTV
Student Loan Refinance