Your borrowers aren’t
“one-size-fits-all”,
so why should your
loan products be?
With our expanding suite of Non-Agency products (Non-QM loans), you can now offer more flexible loan solutions for your borrowers’ unique circumstances.
Watch VideoWith Non-Agency loans,
you’ve got options!
Gone are the days when you had to turn a borrower away because they did not fit the “standard” loan requirements. Thanks to our growing variety of Non-Agency products, your unique borrowers have more options and even greater buying potential! Though Non-Agency loans do not fit the guidelines of Government or Conventional loans, these products still serve a high demand and needful market of eligible homebuyers. Stop ‘shutting the door’ on your potential borrowers by learning more about this conversation starter, differentiator, loan saver and game changer available through Envoy today.
Expanded
Prime
- Up to $2.5 Million with 12 months reserves
- 660 FICO
- Max DTI 50%
- Single family/PUD 90%
- 2-Unit properties 80% LTV
- Rural properties and New PUD/Subdivision 80% LTV
Near
Prime
- Up to $2.5 Million with 12 months reserves
- 90% LTV Purchase & Rate Term No MI
- 620 FICO
- Max DTI 50%
- Not eligible in AK, NY and WV
Non
Prime
- Up to $2 Million with 6 months reserves
- 85% LTV Purchase & Rate Term Refi with No MI
- 620 FICO with up to 50% DTI
- Not eligible in AK, NY and WV
Premier
Access
- Max DTI 55%
- 90% LTV with no MI
- Interest only option
- Non-warrantable condo and condotels considered
- Restricted stock units and stock options for income
Select
- No MI
- Max DTI 49.99%
- Up to $2 million
- Gaps of employment that exceed 6 months and borrower is not on the job
- Investment purchase, rate term and cash out refi permitted for 1-4 units
Expanded
Access Plus
- No MI
- Full Doc only
- 50% Max DTI
- Loan amounts to $2.5MM
- Interest only available on 5/1 & 7/1 ARMs
- Occupancy types available: Primary, Second Home and Investment Properties
SP
A1 - A5
- Minimum of 620 FICO
- Max DTI 50%
- Bank statement eligibility
- Interest only options
- No requirement for a Profit and Loss statement
Get Started
Today
If you are interested in learning more and to access detailed product information about our Non-Agency products, login to the Intranet and click the AllRegs tab to find our guidelines and get your borrower qualified.
Get StartedNon-Agency loans can fit a multitude of borrowers financial needs.
Do you have someone who has been self-employed and can benefit from flexible documentation requirements?
How about someone who has had a minor dent in their credit recently but meets other criteria?
What about the person who fell in love with that non-warrantable condo?
This is a small sample of the non-agency borrowers that would not otherwise be able to purchase a home with a more traditional loan product. Find out more about loan guidelines and loan codes in AllRegs.
Resources and Tools
Separate yourself from the crowd! Get the word out about your work with non-agency loans.
Marketing Materials
Total Expert has a variety of non-agency flyers and social media posts readily available for your use. New flyers, social posts and emails are regularly added!
Access Library
Promotional Videos
Educate your referral partners while differentiating yourself in the industry by utilizing our promotional Non-Agency videos.
View Videos
Guidelines & Codes
Find the right loan for customers using AllRegs, your source for product specific guidelines and loan codes for all of our new non-agency products.
Visit AllRegs
Envoy LinkedIn Group
“Envoy Connect” is a LinkedIn group crafted to bring you the latest news, ideas and resources, starting with Non-Agency loans! Join today to jump in the discussion with other Envoy producers, and hear testimonials and facts about the untapped potential of this market.
Request Access