Products

The Federal Housing Administration, generally known as the FHA, provides mortgage insurance on loans made by FHA-approved lenders. The FHA Streamline Refinance is a special mortgage product, reserved for homeowners with existing FHA mortgages. FHA Streamline Refinances are the fastest, simplest way for FHA-insured homeowners to refinance their respective mortgages. Maximos Lending provides documentation and underwriting services for ‘streamline refinance.

FHA Loans

Veteran Affairs Loans

Veteran Affairs Loans are mortgage loans in the United States that are guaranteed by the U.S. Department of Veteran Affairs. Maximos Lending is an eligible lender and offers VA loans at 100% financing and NO MI. Get in touch with us for further details.

At Maximos Lending, our expert staff helps clients get government-approved USDA loans. We make the USDA loan application process quick and easy and personally assist you in every step of the process. Get in touch with us for further details.

USDA – Rural Property Loans

Reverse Mortgage

A Reverse Mortgage is a special type of loan for those aged 62 and higher. We provide financial security by means of a Reverse Mortgage to homeowners. A reverse mortgage is a kind of mortgage in which a homeowner can borrow money against the value of his or her home. Get in touch with us today to find out how much you can get from your home.

NON-QM

Non-QM is an abbreviation for non-qualified mortgage loans. Within the mortgage industry, a qualified home loan has to comply with the requirements set forth by the Consumer Financial Protection Bureau (CFPB) and standards set by the federal government. The traditional government matrix doesn’t fit all kinds of borrowers. Such as Investors, foreign nationals, and self-employed, as well as borrowers with credit blemishes, such as foreclosures, low credit scores, or prior bankruptcies, may find it difficult to qualify for a traditional loan.

And that’s where a Non-QM loan can be helpful. A Non-QM loan can be the solution to help a borrower achieve the dream of owning a home. Because these are scenarios that don’t meet federal standards for traditional mortgage loans, We Maximos Lending have created special loan products to help more Borrowers achieve their goal of owning a home.

The Non-QM loans include:

  • 12/24 Bank Statements: We use 12 & 24 Months of Personal & Business bank statements for self-employed & high net worth individuals who are not able to document their income with tax returns.
     

  • Profit&Loss:  A profit and loss statement (often referred to as the abbreviation “P&L”) is an organized statement that shows all of your business revenue and expenses, and a resulting profit or loss because of those revenues and expenses. We can use this statement signed by you or any CPA as proof of income to qualify you for a Non-QM loan.
     

  • Debt-Service Coverage Ratio: A DSCR loan is a type of Non-QM loan for investors. We use a DSCR to help qualify investors for a loan because it can easily determine the borrower’s ability to repay without verifying income.
     

  • VOE: The verification of employment is a step in the underwriting process. We would need it to check that you are and have been employed to ensure we are taking into consideration all of your income sources. This confirms that the borrower can cover their down payment and any closing costs.