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Quick answer

• Best match for 90% LTV at 680 FICO using bank statements: The Lender’s Non‑QHEM and Non‑QHEM Plus.
• All other lenders reviewed cap you at 80–85% LTV with 680 FICO on bank‑statement income.

Programs that work (and those that just miss at 90% LTV)

Lender	Program	90% LTV @ 680 FICO	DTI Max	Typical Reserves	Bank‑Statement Options	Notes
The Lender	Non‑QHEM	Yes (≤$1M) [6-7]	50% [7]	Plan for 12 mo PITIA when LTV >85% [62]	12/24 mo; personal avg deposits; business deposits × expense factor 15/30/50% or CPA ratio ≥10%/CPA P&L [57]	MI not required
The Lender	Non‑QHEM Plus	Yes (≤$1M) [3-4]	50% [4]	Often 12 mo PITIA >85% LTV [61-62]	Same as above [4]	Strongest 90% fit
Angel Oak	Bank Statement	No (680 cap ~80%) [2]	Up to 50% (40/50 if >85% LTV) [2]	3 mo [2]	12/24 mo personal or business; expense ratio std 50% (min 15% w/ CPA) [2]	Needs ~720+ FICO for 90%
Arc Home	Access Alt Income	No (680 cap 80%) [5]	50% [5]	6 mo [2]	12/24 mo; fixed/CPA expense factors [16-18]	90% needs 720
A&D Mortgage	Super Prime	No (680 cap 80%) [2]	Up to 50% (to 55% only ≤80% CLTV, added limits) [1]	~3 mo ≤$1M [1]	12/24 mo; business BS 50% exp or CPA P&L [1]	FTHB allowed with limits
A&D Mortgage	Prime	No (80% cap) [2]	Up to 50% (55% w/ overlays at ≤80% CLTV) [1]	3 mo ≤$1M [1]	12/24 mo [1]	—
Change Wholesale	Alt Doc Prime	No at 680; 90% tier needs stronger FICO [1]	Up to 55% (700+ FICO needed >50%) [26]	~6 mo [1]	12/24 mo; business default 50% exp (≥20% w/ CPA) [29-30]	—
Change Wholesale	Alt Doc Advantage	No (680 cap 80%) [3]	50% [3]	~3 mo [3]	12/24 mo [4]	—
Deephaven	Expanded Prime	No (680 cap 80–85%; alt‑doc 85% shown) [1]	50% [107]	6 mo ≤$1.5M [1]	12 mo personal or business; 1099/P&L options [1]	—
FundLoans	Apex Prime	Unlikely at 90% (plan ~≤85%) [4]	~50% [20]	~6 mo typical [8,43]	12/24 mo; self‑employed only [11]	No MI
LoanStream	Core/Select NonQM	No at 680 (Core ~85%; Select ~80%) [1]	45–50% typical [1]	3–6 mo by LTV [1]	Core 12/24 mo; Select 12 mo [1]	—
Champions Funding	Activator – FULL & ALT‑DOC / Accelerator	No (Alt‑Doc max 85%) [1]	50% [1]	~3 mo [1]	12/24 mo; personal 100% eligible deposits; business default 25% exp or CPA (min 10%) [85-86]	—

Key takeaway: If 90% LTV is a must at 680 FICO with bank statements, focus on The Lender’s Non‑QHEM/Non‑QHEM Plus. All others need either lower LTV (80–85%) or higher FICO for 90%.

Next steps (quick info to confirm)

• Property type (SFR, condo, 2–4 unit)? Some programs reduce LTV for condos/2–4 units.
• Estimated DTI and available reserves (months of PITIA)?
• Bank statements type: personal or business? 12 or 24 months available?
• First‑time homebuyer? Any recent housing history lates?

Want me to:

1. price Non‑QHEM vs Non‑QHEM Plus at 90% LTV, or
2. show best‑priced alternatives at 80–85% LTV across lenders?

Short answer

• 90% LTV at 680 FICO on a manufactured home with bank statements is not available with the lenders we support.
• Best workable paths:
  • NQM Funding Flex Select: manufactured allowed with bank statements; expect max ~85% LTV at 680 FICO (90% typically needs 720+) ^[1].
  • A&D Mortgage (Prime/Super Prime): manufactured allowed but capped at 70% LTV for owner‑occ purchase ^[32].
  • Champions Funding Activator (Alt‑Doc): manufactured potentially eligible; exact LTV/FICO overlays depend on unit specs—likely below 90% ^[1].

Lender-by-lender results (manufactured, owner‑occ, bank statements)

Lender	Program(s)	Manufactured allowed	90% LTV @ 680 possible?	Notes
NQM Funding	Flex Select, Flex Select Express (DU)	Yes	No (680 usually ≤85%; 90% needs ~720+)	Bank statements 12/24 mo OK; WA/PR OK [1]
A&D Mortgage	Super Prime, Prime	Yes	No (manufactured capped 70% LTV)	DTI up to 55%; 3 mo reserves typical ≤$1MM [2] [32]
Champions Funding	Activator – FULL & ALT‑DOC	Potentially	Unlikely (overlay reduces below 90%)	Needs unit details to confirm caps; base program 90%/640 FICO before MH overlay [1] [13]
Loan Stream	Core/Select NonQM	Maybe	No (max ~85% at 680)	MH eligibility often restricted; confirm specs; DTI up to 50% [1]
FundLoans	Apex/Elite series	No	—	Manufactured ineligible on O/O first‑liens [49]
Change Wholesale	Alt Doc Prime/Advantage	No	—	Manufactured excluded on Alt‑Doc programs [3]
Arc Home	Access/Edge/Elite, Marquee	No	—	Manufactured not eligible on these programs [5] [1]
Angel Oak	Bank Statement	No	—	Manufactured ineligible for O/O bank statement program [78]
The Lender	Non‑QHEM Premier/Plus	No	—	Manufactured/mobile ineligible; SFR could do 90% on Plus at 680 [88] [3]

Key takeaway: For your exact specs (manufactured, 680 FICO, bank statements), target NQM Funding around 85% LTV, or A&D at 70% LTV. 90% LTV isn’t available on manufactured with 680 across these lenders.

Quick next steps

• Can you confirm the manufactured home details? Double‑wide, 1976+ with HUD tags/data plate, on permanent foundation, titled as real property, no leased land. This affects Champions/LoanStream eligibility.
• Is 90% LTV a must, or is ~85% workable?
• Provide estimated DTI and available reserves (months of PITIA), and whether bank statements will be 12 or 24 months (personal vs business).

Short answer

No lender on our platform will do 85% LTV with a 638 FICO using bank‑statement income for an owner‑occupied purchase. To qualify now, plan on 70–80% LTV depending on program; 85% generally needs 660–680+ FICO.

What works today and what just misses (O/O purchase, bank statements, WA, PR borrower)

Lender	Program	85% LTV at 638?	Max LTV at 638	DTI cap	Typical reserves	Notes
A&D Mortgage	Prime	No	80%	Up to 50%	~3 mo ≤$1M	PR eligible; BS 12/24 mo OK [1] [45]
The Lender	NON‑QHEM	No	80%	50%	~6 mo at ≥80% LTV	85% tiers need higher FICO (typically ≥680) [6-7]
The Lender	Non‑QHEM Plus	No (FICO too low)	80% at 660; 85–90% needs ≥680	50%	6–12 mo by LTV	Your 638 FICO is below program min tiers for 85% [3-4]
Loan Stream	Core NonQM	No	~80%	45–50% (≤45% at ≥85% LTV)	3–6 mo by LTV	85% requires higher FICO [1-2]
Loan Stream	Select NonQM	No	Not shown at 638; 85% needs 660+	45–50%	3–6 mo by LTV	85% purchase requires higher score [1]
Change Wholesale	Alt Doc Advantage	No	70% (620–639 FICO)	50%	~3 mo	75% at 640; 85% at much higher FICO [3-4]
Change Wholesale	Alt Doc Prime	No (min 660 FICO)	Ineligible	55%	~6 mo	PR eligible; needs 660+ [8,26]
Champions Funding	Activator – FULL & ALT‑DOC	No (min 640 FICO)	Ineligible at 638	Up to 50%	~3 mo	BS allowed at 640+ only [1]
FundLoans	Apex Prime	No (min 660 FICO)	Ineligible at 638	Up to 50%	Matrix‑based	PR/Non‑perm OK; FN not allowed; 85% tiers at higher FICO [34,9]
Arc Home	No programs on platform	—	—	—	—	Off‑platform reference: 85% typically requires 700–720 FICO; PR eligible, FN not for O/O [3,8]

Key takeaway: To close now, target 80% LTV with A&D Prime or The Lender NON‑QHEM. At 638 FICO, no one offers 85% on bank statements. Raising FICO to 660–680 unlocks 85% options.

Recommendations

• If you can go to 80% LTV:
  • A&D Prime and The Lender NON‑QHEM are the best immediate fits.
• If 85% LTV is required:
  • Plan to raise FICO to at least 660–680, then we can re‑run for 85%.

Quick info to confirm

• Months of reserves available?
• Estimated DTI (or monthly debts/income)?
• Bank statements: 12 or 24 months? Personal or business?
• Any recent housing lates?

Short answer

No lender on our platform will approve an owner‑occupied purchase for a Foreign National using bank statements. Foreign National loans are investment‑property only (typically DSCR). To proceed as owner‑occupied with bank statements at 85% LTV, the borrower must qualify as a Permanent Resident or Non‑Permanent Resident with acceptable U.S. credit/visa.

What works instead

• If you can structure as investment (DSCR):

  • The Lender NONI: Up to 85% LTV at 700+ FICO; DSCR ≥ 1.00; no personal income docs ^[9][69].
  • A&D, Arc Home, LoanStream, Champions, FundLoans: FN DSCR available but lower LTV caps (often 70–75%) and/or added reserve requirements ^{[100][1][2][54]}.

• If the borrower is PR/NPR (not FN) and OO is required:

  • Champions Activator/Accelerator Alt‑Doc: Owner‑occupied OK, bank statements OK, up to 85% LTV, 702 FICO meets min ^[1].
  • Arc Home Access Alt Income: OO OK with bank statements, 85% LTV tier fits 700+ FICO; FN not eligible for this program ^[5][8].
  • FundLoans Apex Prime: OO OK with bank statements for PR/NPR; FN OO not eligible ^[54].
  • Change Alt‑Doc: NPR allowed at reduced LTV (75–80% depending on program) ^[3-6].

Lender-by-lender outcome for your exact FN + OO scenario

Lender	Result
FundLoans	FN OO not permitted; FN treated as investment DSCR only [54].
A&D Mortgage	FN programs investment‑only; Prime/Super Prime don’t allow FN; OO not available for FN [8][100].
Arc Home	Access Alt‑Income allows OO with bank statements but FN ineligible; FN product is investment DSCR only (max 70% LTV 1‑unit) [8][1].
Champions Funding	FN (Ambassador) cannot be primary residence; use Activator/Accelerator only if PR/NPR [38][1].
Change Wholesale	FN not eligible on Alt‑Doc; NPR allowed with 75–80% LTV caps [3-6].
LoanStream	FN OO not allowed; FN permitted for 2nd home/NOO and not with bank statements (asset utilization only) [2].
The Lender	FN OO not allowed under Non‑QHEM; investment DSCR (NONI) allowed up to 85% LTV at 700+ FICO [16][9].

Next step (choose one)

1. Keep owner‑occupied: Can the borrower be documented as PR or NPR with acceptable U.S. credit/visa? If yes, I’ll show the best 85% bank‑statement options (Champions, Arc, FundLoans) with exact reserve/DTI requirements.
2. Switch to investment DSCR: I’ll run NONI at 85% LTV and compare A&D/Arc/LoanStream/FundLoans FN DSCR options. Please share expected market rent or allow me to estimate from the appraisal.

Helpful details to confirm:

• DTI target and months of reserves
• Bank statements type (personal vs business) and months (12 vs 24)
• If NPR path: visa type and U.S. credit depth
• If DSCR path: estimated market rent and any prepayment penalty preferences