Spring is in full swing, and so are updates to MAXEX’s Non-QM and DSCR programs. We’re excited to announce the rollout of our newest enhancements that make it easier than ever for originators to access liquidity and expand their lending capabilities. Whether you’re focused on Non-QM, DSCR, or both—these updates are designed to help you win more business this season.
Now Live: Enhanced MAXEX Non-QM Program
Highlights include:
- Written Verification of Employment (WVOE): A key addition for streamlined income verification.
- Easier Asset Qualification:
- Reduced account statement requirements (from two to one)
- New acceptance of Verification of Deposit (VOD)
- Lower business fund ownership threshold (from 100% to 50%)
- Refinance Flexibility: Seasoning requirements removed for appraised value usage on rate and term refinances.
- More soft guideline updates for added borrower flexibility.
📄 Key Docs:
Coming 5/12: MAXEX DSCR Enhancements
Our upcoming DSCR updates are focused on flexibility for entity-based and investment property lending. Updates include:
- Entity loans now require only 51% owner guarantor(s)
- Short-term rental income now accepted for purchase qualification
- Simplified asset documentation (mirroring Non-QM updates)
- Elimination of seasoning requirements for refinances
- More soft guideline improvements
📄 Key Docs:
Coming 5/19: Select 5 and Non-Delegated
Coming soon, keep an eye out for expanded product offerings across both Non-QM and DSCR segments:
MAXEX Non-QM Select 5 & MAXEX Non-QM Non-Delegated:
- Loan limits up to $3.5M on 2-year full doc
- Lower minimum FICO (620, down from 660)
- New P&L and 1099 income programs
MAXEX DSCR Select 5 & MAXEX DSCR Non-Delegated:
- Minimum FICO reduced to 640
- Re-enabled lending in New York
- Additional guideline optimizations
Looking to Add More Fuel to Your Non-QM Business?
If you’re seeking even more ways to scale, discover MAXEX’s expanded service offering, including non-delegated underwriting and bulk trading services.
Want to Learn More?
Contact us to learn more about how MAXEX’s can help you grow your Non-QM and DSCR business.
