Find loans that will work for this scenario: Property Type: 9+ Unit, Property State: California, Lien Position: 1st Lien, Loan Purpose: Rate/Term, Occupancy Type: Investment Property, Credit Score: 724, Min Debt Service Coverage Ratio (DSCR): 1.55, LTV: 38.33%, Loan Amount: $1,150,000, Recent Credit Events (<4 years), Months of Reserves: 24 months, Income Type: Debt Service Coverage Ratio (DSCR & No Ratio DSCR), Property Value: $3,000,000, Citizenship: US Citizen, Prepayment Penalty: 5 Year. These are my loan scenario requirements, please recommend programs that will work for this scenario.

The only program that meets all your requirements for a 9+ unit investment property in California with recent credit events (<4 years) is the NQM Funding Investor Mixed Use 2-8 Units and Residential 5-10 Units program. All other lenders/programs either do not allow 9+ units or require longer seasoning for credit events.

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Program Match Summary

Lender/Program	Eligible?	Key Reason(s) If Not Eligible
NQM Funding – Investor Mixed Use 2-8 Units and Residential 5-10 Units	✅	Fully eligible for your scenario
Deephaven – DSCR 5-9 Unit	❌	Recent credit event must be ≥7 years old
A&D Mortgage – DSCR (No DTI)	❌	Recent credit event must be ≥4 years old
Arc Home – Marquee Jumbo	❌	Only allows up to 4 units, not DSCR income
Champions Funding	❌	No programs for 9+ unit properties

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Details for the Eligible Program

NQM Funding – Investor Mixed Use 2-8 Units and Residential 5-10 Units

• Property Type: 5-10 unit residential (your 9+ unit property is eligible)
• State: California eligible
• Lien Position: 1st Lien allowed
• Loan Purpose: Rate/Term allowed
• Occupancy: Investment Property only
• Credit Score: 724 (min 660 required)
• DSCR: 1.55 (min 1.00 required)
• LTV: 38.33% (max 75%)
• Loan Amount: $1,150,000 (range: $250,000 – $3,000,000)
• Recent Credit Events: Allowed if at least 24 months have passed since the event
• Reserves: 6–12 months required (you have 24 months)
• Income Type: DSCR & No Ratio DSCR allowed
• Citizenship: US Citizen eligible
• Prepayment Penalty: 5 Year allowed/required

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Not Eligible: Key Reasons

• Deephaven: Requires 7 years since major credit event for 5-9 unit DSCR program.
• A&D Mortgage: Requires 4 years since major credit event for DSCR program.
• Arc Home: Only allows up to 4 units for investment properties and does not allow DSCR income type.
• Champions Funding: No programs for 9+ unit properties.

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Next Steps

• If you want more details on the NQM Funding program, let me know!
• If your property is actually 10 units or less, you are eligible. If it is more than 10 units, please clarify for further review.
• If your credit event is less than 24 months old, there are no eligible programs at this time.

Would you like a detailed breakdown of the NQM Funding program or help with the application process?

There are currently no eligible non-conforming loan programs for your scenario: a 9+ unit investment property in California, 1st lien, rate/term refinance, DSCR income, recent major credit event (<4 years), and a $1,150,000 loan amount. All reviewed lenders require longer seasoning for major credit events or do not allow 9+ unit properties.

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Lender & Program Review

Lender/Program	9+ Units Allowed	Recent Credit Event (<4 yrs) Allowed?	DSCR Income	Loan Amount OK	Result/Reason Not Eligible
A&D Mortgage – DSCR (No DTI)	Yes	No (requires 4+ years)	Yes	Yes	Not eligible: seasoning
Angel Oak	No	Not specified	No	N/A	Not eligible: property type
Arc Home	No	No	No	N/A	Not eligible: property type
Deephaven – DSCR 5-9 Unit	Yes	No (requires 7+ years)	Yes	Yes	Not eligible: seasoning
NQM Funding	No	Yes (with seasoning)	Yes	Yes	Not eligible: property type

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Key Disqualifiers

• Recent Credit Event: All programs that allow 9+ units require at least 4–7 years since a major credit event. Your event is too recent.
• Property Type: Most programs only allow up to 4 units. Even those that allow 9+ units (A&D Mortgage, Deephaven) do not allow recent credit events.
• DSCR Income: Only a few programs allow DSCR income for large multifamily, but all require longer seasoning for credit events.

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What Are Your Options?

• If your major credit event is older than 4 years, you may become eligible for some programs.
• If your property is 4 units or fewer, there are more options available even with a recent credit event.
• If you have flexibility on property type or can wait until the seasoning period is met, let me know and I can re-check eligibility.

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Would you like to discuss alternative scenarios, or get notified when new programs become available for your situation?

The only program that fits your scenario—a 9+ unit investment property in California, 1st lien, rate/term refinance, DSCR income, $1,150,000 loan, 38.33% LTV, 724 credit score, 24 months reserves, US citizen, 5-year prepayment penalty, and a major credit event within the last 4 years—is the NQM Funding Investor Mixed Use 2-8 Units and Residential 5-10 Units program. All other lenders/programs are not eligible due to property type or credit event seasoning requirements.

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Program Comparison Table

Lender/Program	9+ Units	Recent Credit Event (<4 yrs)	DSCR Income	Loan Amount	Eligible?	Reason if Not Eligible
NQM Funding – Investor Mixed Use 2-8 Units and Residential 5-10 Units	Yes	Yes (≥24 months)	Yes	Yes	✅	Fully eligible
A&D Mortgage – DSCR (No DTI)	Yes	No (needs ≥4 years)	Yes	Yes	❌	Credit event too recent
Deephaven – DSCR 5-9 Unit	Yes	No (needs ≥7 years)	Yes	Yes	❌	Credit event too recent
Arc Home	No	N/A	No	N/A	❌	Only up to 4 units, not DSCR income
Angel Oak	No	N/A	No	N/A	❌	No 9+ unit or DSCR program

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Details for the Eligible Program

NQM Funding – Investor Mixed Use 2-8 Units and Residential 5-10 Units

• Property Type: 5-10 unit residential (your 9+ unit property is eligible)
• State: California eligible
• Lien Position: 1st Lien allowed
• Loan Purpose: Rate/Term allowed
• Occupancy: Investment Property only
• Credit Score: 724 (min 660 required)
• DSCR: 1.55 (min 1.00 required)
• LTV: 38.33% (max 75%)
• Loan Amount: $1,150,000 (range: $250,000 – $3,000,000)
• Recent Credit Events: Allowed if at least 24 months have passed since the event
• Reserves: 6–12 months required (you have 24 months)
• Income Type: DSCR & No Ratio DSCR allowed
• Citizenship: US Citizen eligible
• Prepayment Penalty: 5 Year allowed/required

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Not Eligible: Key Reasons

• A&D Mortgage: Requires at least 4 years since major credit event.
• Deephaven: Requires at least 7 years since major credit event.
• Arc Home & Angel Oak: Do not offer programs for 9+ unit properties or DSCR income for this property type.

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Next Steps

Would you like more details on the NQM Funding program, rates, or help with the application process? If your credit event is less than 24 months old, please let me know, as this would affect eligibility.

The only lender with a program that fits your scenario—a 9+ unit investment property in California, 1st lien, rate/term refinance, DSCR income, $1,150,000 loan, 38.33% LTV, 724 credit score, 24 months reserves, US citizen, 5-year prepayment penalty, and a major credit event within the last 4 years—is NQM Funding. All other lenders do not allow either 9+ units or recent credit events.

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Program Comparison Table

Lender/Program	9+ Units	Recent Credit Event (<4 yrs)	DSCR Income	Loan Amount	Eligible?	Reason if Not Eligible
NQM Funding – Investor Mixed Use 2-8 Units and Residential 5-10 Units	Yes	Yes (≥24 months)	Yes	Yes	✅	Fully eligible
A&D Mortgage – DSCR (No DTI)	Yes	No (needs ≥4 years)	Yes	Yes	❌	Credit event too recent
Deephaven – DSCR 5-9 Unit	Yes	No (needs ≥7 years)	Yes	Yes	❌	Credit event too recent
Arc Home	No	N/A	No	N/A	❌	Only up to 4 units, not DSCR income
Angel Oak	No	N/A	No	N/A	❌	No 9+ unit or DSCR program

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Details for the Eligible Program

NQM Funding – Investor Mixed Use 2-8 Units and Residential 5-10 Units

• Property Type: 5-10 unit residential (your 9+ unit property is eligible)
• State: California eligible
• Lien Position: 1st Lien allowed
• Loan Purpose: Rate/Term allowed
• Occupancy: Investment Property only
• Credit Score: 724 (min 660 required)
• DSCR: 1.55 (min 1.00 required)
• LTV: 38.33% (max 75%)
• Loan Amount: $1,150,000 (range: $250,000 – $3,000,000)
• Recent Credit Events: Allowed if at least 24 months have passed since the event
• Reserves: 6–12 months required (you have 24 months)
• Income Type: DSCR & No Ratio DSCR allowed
• Citizenship: US Citizen eligible
• Prepayment Penalty: 5 Year allowed/required

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Not Eligible: Key Reasons

• A&D Mortgage: Requires at least 4 years since major credit event.
• Deephaven: Requires at least 7 years since major credit event.
• Arc Home & Angel Oak: Do not offer programs for 9+ unit properties or DSCR income for this property type.

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Next Steps

Would you like more details on the NQM Funding program, rates, or help with the application process? If your credit event is less than 24 months old, please let me know, as this would affect eligibility.