Hollywood FL (PRWEB) January 25, 2016
A&D Mortgage, based in Hollywood, FL, recently launched its Non-QM Products: Non-QM Residential, Non-QM Investors/Commercial and Non-QM Foreign Nationals, designed to offer brokers mortgage products that can provide residential and commercial financing options to their borrowers.
Domestic and foreign borrowers with significant down payments and who meet all legal requirements will be able to benefit from these loans that fall outside certain limits set by Freddie Mac and Fannie Mae while taking advantage of the limited income and asset documentation required by A&D.
Rates start at 7.99%, they are fixed for the first three years, and require a 65% LTV. Types of properties allowed are SFR, townhomes, PUDs, multifamily, retail centers, non-warrantable condos, condo-hotels and office buildings.
Max Slyusarchuk, President of A&D Mortgage, expressed his satisfaction with the positive response A&D has received from its brokers. “Our Non-QM Programs”, he comments, “provide an alternative to our clients to close those loans that they couldn’t close somewhere else, yet without have to resort to hard money loans”.
A&D Mortgage’s new Non-QM Residential, Investors/Commercial and Foreign National programs are A&D’s new example of "The Power of Yes".