ResiCentral, LLC, a leading wholesale mortgage lender, today announced the launch of its expanded Non-QM (Non-Qualified Mortgage) product suite designed to provide mortgage solutions for borrowers who don't fit traditional lending guidelines.
The new product line addresses a significant market gap by offering alternative income qualification methods for self-employed individuals, entrepreneurs, freelancers, and high-net-worth clients with complex financial profiles.
"Today's diverse economy has created millions of successful professionals who don't fit conventional mortgage guidelines," said Brian Permutt, President of ResiCentral. "Our expanded Non-QM suite provides mortgage brokers with the tools they need to serve these valuable clients while maintaining strong lending standards."
The comprehensive suite includes three program tiers—Premier Prime, Premier Plus, and Premier Flex—with loan amounts up to $3.5 million and loan-to-value ratios as high as 90% for well-qualified borrowers. All programs feature consistent income calculation methods across multiple documentation types:
- Bank Statement Program: Uses 12 or 24 months of personal or business bank statements to determine cash flow, with flexible expense factor options
- Asset Utilization: Qualifies borrowers based on liquid assets rather than traditional income
- 1099 Income: Simple verification using 1-2 years of 1099 forms with a standard 10% expense factor
- 12/24 Month P&L: Income verification using CPA-prepared profit and loss statements
- Full & Express Documentation: Traditional verification with more flexible approaches to employment history
A standout innovation in the suite is the Premier Plus Flex program, which utilizes Agency Automated Underwriting Systems for Non-QM loans, potentially simplifying the qualifying process for borrowers who narrowly miss conventional approval.
The launch comes at a critical time for mortgage professionals seeking to expand their business amidst changing market conditions. Industry data suggests that self-employment continues to grow, with more than 16 million Americans now classified as self-employed.
ResiCentral is supporting its mortgage broker partners with comprehensive training, white-label marketing materials, and specialized tools like bank statement calculators to help them effectively serve this growing market segment.
"Our goal is to equip mortgage brokers with both the products and resources they need to confidently say 'yes' when traditional lenders say 'no,'" added Brian Permutt.
The new Non-QM product suite is available immediately to ResiCentral's approved broker partners. For more information, go to https://resicentral.ac-page.com/expanded-nqm.
About ResiCentral
ResiCentral, LLC has quickly established itself as a significant player in the wholesale mortgage arena, becoming a valued partner for mortgage brokers across the country. The company's dedication to delivering "Speed with a Smile" combines lightning-fast processing with exceptional customer experience and consistently competitive rates. ResiCentral has experienced extraordinary growth, tripling both its workforce and loan volume in the past year. This remarkable expansion is guided by a leadership team with decades of industry expertise, positioning ResiCentral at the forefront of the wholesale and non-delegated lending market. Company NMLS 1907538 (https://www.nmlsconsumeraccess.org/).
View source version on businesswire.com: https://www.businesswire.com/news/home/20250521378580/en/
Today's diverse economy has created millions of successful professionals who don't fit conventional mortgage guidelines. ResiCentral's expanded Non-QM suite provides mortgage brokers with the tools they need to serve them.
Contacts
Christa Baldie
813.732.3327
cbaldie@resicentral.com
