NQM Funding, LLC
4800 North Federal Highway, Boca Raton, FL 33431
https://nqmf.com
Internal Reviews
(1 review)
Total loans closed with Loan Factory
36
Total loans closed with Loan Factory (past 12 months)
9
Lender overview
Basic information
NQM Funding, LLC. ISAOA/ATIMA 4800 N Federal Hwy, Bldg. E, Suite 200 Boca Raton, FL 33431 (Include NQMF loan #)
NQM Funding, LLC. ISAOA/ATIMA 4800 N Federal Highway Building E, Suite 200 Boca Raton, FL 33431
Lock policies & Fees
Lock Policies
7 days at .25 cost
15 days at .375 cost
Worse case pricing less 0.25 relock fee
Lender's niche & Overlays
Super jumbo loan amounts up to $5M (Full doc/Alt doc)
Bank statement program up to 90% LTV
P&L Only
DSCR up to 85% LTV
DSCR Low Ratio and No Ratio options available
DSCR - No seasoning or sourcing for cash to close/reserves
DSCR Mix-Use up to 8 units or 10 units for all residential
ITIN up to 85% LTV
Foreign National 2nd home/DSCR
HELOAN up to 85% CLTV (Max loan amount $500k)
DSCR Supreme, Investor DSCR and Foreign National Program Matrices are effective 03/17/2025. Those changes include:
- Increasing the Minimum Short Term Rental DSCR Ratio to 1.15
- The Ability to Use a Short Term Rental Analysis Developed by an AMC
NQM Funding, LLC has temporarily halted wholesale originations for all TRID loans in the state of New York.
Lender turn time
3
1
1
Review - NQM Funding, LLC
5.0
1 Google Reviews
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