NanQ™ – Just Missed Agency
The NanQ™ Just Missed Agency Program is ideal to borrowers that barely miss Fannie Mae or Freddie Mac guidelines due to high debt to income ratios (higher debt than agencies guidelines) exceeding 43% but can prove income through pay stubs and tax returns.
With this magnificent program, you can be considered for a loan even if your debt to income ratio is 55% or below.
Now you can borrow up to $3M per property on an owner occupied property or second home even if you have had a recent credit event.
You can use this program to buy SFR's, Townhomes, Condos (Non-Warrantable Condos Ok) and 2-4 Units.