Forward Lending - Wholesale Lending for Mortgage Brokers


Close more loans and allow your borrowers to tap into their equity with our Non-QM Closed-End Second Mortgage!

Non-QM Closed-End Second Mortgages can be a great way for borrowers to access their home equity without affecting their first mortgage. These loans are not subject to the same strict lending requirements as Qualified Mortgages (QMs), making them more accessible to borrowers with less-than-perfect credit or Non-Traditional income documentation. Let Forward Lending help your clients get to the finish line!

Program Highlights:

  • Purchase, Rate/Term Refinance, and Cash-Out Available
  • Fixed 10, 20, & 30 year rates available
  • Credit Scores down to 660
  • Loan Amounts to $500,000
  • Full Doc – Max CLTV 85%
  • Bank Statement – Max CLTV 85%
  • Eligible as 2nd lien only
  • Fully disbursed at closing, no draw feature
  • Minimum loan amount $100,000
  • No reserve requirements on stand-alone seconds
  • Cash-Out – Up to 85% CLTV Full Doc
  • Cash out – Up to 85% CLTV Bank Statement 
  • Up to 80% CLTV Cash Out Refinance on Investment
  • Owner Occ., 2nd Home and Investment Properties  
  • AVMs available for loans ≤ $250,000*
  • Properties with a solar lien are eligible (check matrix) 
  • Non-Warrantable Condos Eligible


*HPML High Priced Mortgage loans not eligible. See our Closed End Seconds Matrix for details.

Loans originated in US Territories and the following states are ineligible: NY, TN, TX, VT, VT, WV. Restrictions apply, contact your Account Executive for details. Important to note that a Closed-End Second Mortgage may typically have a higher interest rate than the first lien mortgage. 

Please contact your Account Executive for more information.
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