Business Details
Trusted Non-QM Mortgage Solutions in Miami Beach
Foundation Mortgage specializes in Non-QM Wholesale and Non-Delegated Correspondent Lending, offering tailored mortgage solutions for brokers and correspondents. Our team leverages strong relationships with secondary market players to provide unparalleled access to diverse products, pricing, and eligibility options. We prioritize client success by passing pricing incentives directly to partners, ensuring competitive rates and flexible underwriting. With a focus on innovation and transparency, we empower brokers to close complex loans efficiently, serving clients nationwide through a comprehensive suite of Non-QM products. 
Services
Full Doc Loans
Bank Statement Loans
DSCR Loans
Foreign National Loans
ITIN Loans
Closed-End Second Mortgages
10-Unit Residential Loans
1099 Income Loans
WVOE Loans
Highlights and features
- Comprehensive Non-QM product suite for diverse client needs
- Exceptional broker support with personalized service
- Competitive pricing passed directly from secondary markets
- Flexible underwriting for complex credit scenarios
- Nationwide licensing and state-specific compliance expertise
Associations and certifications
- NMLS #5057
What people say
Second to none service
Most competitive rates
Always available
Efficient underwriting
Amazing support
Services
Full Doc Non-QM Loans
Full Doc Non-QM Loans cater to high-income earners and real estate investors with complex financial profiles. These loans allow qualification using W-2s, tax returns, and pay stubs, even with high DTIs or non-standard properties. Minimum FICO 620 and LTV up to 90% provide flexibility for borrowers outside conventional guidelines.
Bank Statement Loans
Bank Statement Loans verify income through 12-24 months of personal or business bank statements, ideal for self-employed borrowers. With no tax returns required and FICO as low as 620, this program supports primary residences, second homes, and investment properties, offering LTV up to 90%.
DSCR Loans
DSCR Loans qualify borrowers based on property cash flow rather than personal income. Accepting DSCR ratios as low as 0.75, these loans support short-term rentals, investment properties, and first-time investors with FICO 620+ and LTV up to 85%.
Foreign National Loans
Foreign National Loans enable non-U.S. residents to invest in U.S. real estate without a Social Security Number. Accepting international bank statements and offering LTV up to 80%, these loans support second homes and investment properties for expats and foreign nationals.
ITIN Loans
ITIN Loans provide homeownership opportunities for individuals using an Individual Taxpayer Identification Number. Accepting alternative documentation like bank statements and tax returns, these loans support primary residences, second homes, and investment properties with FICO 640+ and LTV up to 85%.
Questions
What is a Non-QM mortgage?
Non-QM mortgages are non-conforming loans for borrowers who don't meet traditional agency guidelines, offering flexible underwriting for complex income scenarios or credit events.
Can self-employed borrowers qualify?
Yes, we offer Bank Statement Loans, P&L Loans, and 1099 Income Loans tailored for self-employed individuals with verifiable cash flow.
Do you offer investment property financing?
Yes, our DSCR Loans, Bank Statement Loans, and Closed-End Second Mortgages support investment properties, including short-term rentals and multifamily units.
What documentation options exist?
We accept Full Doc, Bank Statements, P&L Statements, DSCR verification, ITIN documentation, and WVOE forms to accommodate diverse income verification needs.
Are foreign nationals eligible?
Yes, our Foreign National Loan program allows non-U.S. residents to purchase U.S. real estate using international documentation without a Social Security Number.
