D E F Y .

Basic information

QM program

N/A

Loss payee

Defy Mortgage, LLC ISAOA, ATIMA 1030 16th Avenue S 2nd floor, Nashville, TN 37212

CPL or subordinate clause

Defy Mortgage, LLC ISAOA, ATIMA 1030 16th Avenue S 2nd floor, Nashville, TN 37212

Lock policies & fees

Lock policies

Lock extension

Yes

Relock

Yes

Lock & Shop

Yes

Lender's niche & overlays

Lender's niche

Tech-Driven with a AI Focus
Here are a few Highlights:

90% Asset Depletion

90% 1099 Only

90% Up to 3Milly

90% 2-4 Units

90% Condo 90% Second Home

90% Down to 680

85% Cash Out

85% Down to 640

80% Short Term Rental Allowed

80% Rural 40 Year Fixed Rate Options for DSCR

Killer DSCR , Bank Statement, P&L ONLY, Asset Depletion Programs Available

DSCR SFR & 2-4 Unit (Min. $75K Loan Amount) 

DSCR 5-10 Multi-Family (2-8 Mixed-Use) Units Up to $3M @ 70% LTV

No Ratio DSCR Program Available (<.75% Ratio)

No Seasoning Requirements for Cash-out Refis STR (Min. 75% Ratio)

Unlimited Properties Financed 

Can Qualify at I/O Payment Up to 80% LTV 

1st Time Investors (Min 1% DSCR Ratio)

Jumbo Loans Available up to $5M (Min. 680 FICO @ 70% LTV for SFR, Condos, 1-4 Unit)

ITIN, Foreign National, Non-Permanent & Permanent Resident Alien Programs Available

Allow lender credit to cover BPC.

Lender's overlays

Exceptions made all the time

Lender turn time

Initial underwrite (days)

1

CTC conditions review (days)

1

Initial CD (days)

1

Reviews