Non-QM Loans for Self-Employed and Complex Borrowers

Defy Wholesale TPO's Non-QM programs serve borrowers who don't fit agency guidelines — self-employed, complex income, recent credit events, and unique properties. Flexible underwriting with exceptions available for compensating factors.

Highlights

Bank Statement, P&L Only, 1099, and Asset Qualification options
Up to 90% LTV on purchase
Loan amounts up to $4M
Min credit score 620
DTI up to 55%
All occupancy types — primary, second home, investor
30 / 40 year Interest Only and 40 year Fixed
Exceptions available with compensating factors

Who it's for

Self-employed borrowers, business owners, 1099 contractors, clients just missing A-paper, and brokers serving complex income files.

FAQ

What income docs do you accept?

Bank statements (12 or 24 month), CPA-prepared P&L, 1099, asset depletion, and full doc options are all available.

What is the max LTV?

Up to 90% on purchase for qualifying borrowers.

Are recent credit events OK?

Yes — we work with brokers on seasoning and compensating factors.