Experience the Flexibility of Non-QM Programs with Full Documentation

Maine Mortgage Solutions presents the Portfolio Select Mortgage Program, a full-doc product offering borrowers the flexibility, features, and benefits of non-QM (Non-Qualified Mortgage) programs. This program is designed to accommodate a wide range of borrowers and property types, providing a tailored solution to meet your unique financing needs.

Key Features of the Portfolio Select Mortgage Program

  • High Loan-to-Value (LTV) Ratios:
    • Up to 90% LTV financing available with no Mortgage Insurance (MI) required.
  • Flexible Credit Requirements:
    • Credit scores starting at 600 are accepted.
  • Seasoning Requirements:
    • One-year seasoning for foreclosure, short sale, or deed-in-lieu.
    • Two years seasoning for bankruptcy.
  • High Loan Amounts:
    • Loans available up to $2.5 million.
  • Loan Purposes:
    • Available for both purchase and cash-out or rate-term refinance transactions.
  • Property Eligibility:
    • Suitable for owner-occupied homes, second homes, and investment properties.
    • Non-warrantable condos are acceptable.
  • Debt-to-Income (DTI) Ratio:
    • Up to 50% DTI allowed.
  • Gift Funds Allowed:
    • Gift funds are permitted for down payment or closing costs.
  • Long-Term Financing Options:
    • 40-year fixed-rate interest-only mortgages available for eligible borrowers.

Contact Information

For more information about our Portfolio Select Mortgage Program or to start your application, please contact:

Mark Violette
Address: 114 Holmes Rd, Scarborough, ME 04074
Phone: 207-730-1495
Email: m.violette@MaineMtgs.com
NMLS #1634913
Licensed in Maine and Florida

Why Choose Maine Mortgage Solutions?

Maine Mortgage Solutions is committed to providing innovative mortgage solutions that meet the diverse needs of our clients. With our Portfolio Select Mortgage Program, you can access the flexibility and benefits of non-QM programs while enjoying the convenience of full documentation. Whether you're purchasing a new home, refinancing an existing mortgage, or investing in property, we're here to help you achieve your financial goals.

Contact Mark Violette today to learn more and get started with your mortgage application!