Specialized Lending Solutions (Niche Products)

What are Niche Products?

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