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Non-Prime or Non-QM Residential Options
Beacon Point is a strategic provider of private-capital liquidity for Non-QM residential mortgage loans responsibly made to millions of borrowers who are unable to obtain a traditional government-financed mortgage.
We help borrowers that would otherwise be caste-away, not because they have bad credit or unable to meet mortgage obligations, but because their bankers don't offer loan programs outside of the restrictive guidelines of agency loan products. If you have been declined by a lender or your banker for those reasons, Beacon Point can likely solve your problem with non-agency loan programs, or programs near prime, and even outside of Dodd-Frank Act.
Gone are the days of subprime lending and no documentation loans. We provide safe, responsible solutions to residential customers in your predicament seeking financing on 1-4 Unit residential dwellings. Some people may take advantage of the various below solutions as band aid loans, a temporary fix until one's credit profile improves, either by increased income generation well documented by tax returns, expiration of agency loan waiting periods or seasoning of major credit events such as bankruptcy, foreclosure, shortsale, debt consolidation, or loan modifications, allowing the borrower to once again become eligible for agency loans such as FHA, VA, and other Qualified Mortgage Loans.
These Non-QM loans are perfect for Residential Investors as they provide Stated Income financing on income generating properties such as Multi-Family/ Apartment Building financing of 5 or more units.
Are you a potential Non-Prime client?