First National Bank of America

  • Only 12 Months Proof of Self-Employment
  • 12 Months Income Documentation Only
  • Max DTI of 55%
  • Minimum Loan Amount of $50,000
  • No Reserve Requirement 
  • No DACA Eligible Requirements
  • No Credit Score – 75% LTV
  • No Condo Questionnaire Required
  • Minimum Credit Score 600
  • NIVA (No Income Verified Assets) Program
  • Asset Depletion Program (Depleted Over 84 Months)

Other Non-QM Lenders

  • 24 Months Proof of Self-employment Required
  • 24 Months Income Documentation
  • Max DTI of 43%
  • Minimum Loan Amount of $150,000
  • 6 Months Reserves Required
  • DACA Eligible Required on ITIN
  • No Credit Score – Not Eligible
  • Condo Questionnaire Required
  • Minimum Credit Score 700
  • No NIVA Program
  • No Asset Depletion Program

Top Performing Community Banks

Independent Banker recently rated First National Bank of America the #8 Community Bank in the U.S. with an asset size of $1 Billion or more!

Visit the Independent Banker website to view the complete article.

You cannot copy content of this page