Product Guideline Matrix Highlights | Non-QM & DSCR
Use this side-by-side guide to see buyer-level eligibility for MAXEX Non-QM and DSCR program guide highlights.
Non-QM & DSCR Scenario Guide
The Non-QM & DSCR Scenario Guide shows sellers which 17 borrower types to target, why their files stall elsewhere, and how MAXEX’s flexible guidelines turn those roadblocks into closed loans.
Jumbo Express Flow Buyer Comparison
Side-by-side rate-sheet matrix comparing MAXEX Jumbo Express 1, 2, 4, 5, 6, and 9 buyer programs.
DSCR Flow Buyer Comparison
Side-by-side rate-sheet matrix comparing MAXEX DSCR and DSCR Select 5 buyer programs.
Non-QM Flow Buyer Comparison
Side-by-side rate-sheet matrix comparing MAXEX’s Non-QM buyer programs.
Non-Delegated Loan Submission Form (Non-QM & DSCR)
Document checklist used to package a Non-QM or DSCR file for Non-Delegated underwriting submission. Captures property, borrower, lender contact, and program info, then enumerates required documentation across Compliance (URLA, ID, fraud report, income worksheets), Credit, Assets/Reserves, Collateral (purchase contract, title, appraisal, CDA), Insurance, Entity docs (DSCR), and program-specific income sections — Conforming/Jumbo Express full-doc, DSCR (LTR vs. STR), bank statement, P&L, 1099, asset depletion, and WVOE — with a Yes/No required flag for each item.
Exception Request Form
Fillable form used to request an underwriting exception on a delegated or non-delegated loan. Collects loan-level details (origination type, program, loan number, borrower, amount, note rate, purpose, sales price, appraised value, LTV/CLTV, credit score, DTI/DSCR, doc type, property type/state, reserves, self-employment status), a free-text description of the exception requested, and supporting compensating factors. Includes an Approved/Denied decision block for MAXEX use.
Business Narrative Form
Document checklist used to package a Non-QM or DSCR file for Non-Delegated underwriting submission. Captures property, borrower, lender contact, and program info, then enumerates required documentation across Compliance (URLA, ID, fraud report, income worksheets), Credit, Assets/Reserves, Collateral (purchase contract, title, appraisal, CDA), Insurance, Entity docs (DSCR), and program-specific income sections — Conforming/Jumbo Express full-doc, DSCR (LTR vs. STR), bank statement, P&L, 1099, asset depletion, and WVOE — with a Yes/No required flag for each item.
Non-QM and DSCR Select 5 Program Guide
Premium program combining Non-QM (1- and 2-yr full doc, personal/business bank statements, 1099, P&L, asset depletion) and DSCR underwriting. Two rate sheets: Non-QM Select 5 and DSCR Select 5. Effective for locks on or after Mar 16, 2026.
DSCR Program Guide
Debt Service Coverage Ratio program for experienced investors purchasing or refinancing business-purpose investment properties; borrower qualifies on subject-property cash flow only. Five rate sheets (DSCR 1, 2, 11, 13, 15). Effective for locks on or after Oct. 5, 2026.
