ResiCentral Launches NQM Advantage as Non-QM Moves From the Exception to the Everyday File

New program gives brokers more ways to price strong self-employed, asset-qualified and investor borrowers, with room for a past credit event, plus a DSCR No Ratio option.

LAND O’ LAKES, Fla.--(BUSINESS WIRE)--ResiCentral, LLC (NMLS #1907538), a wholesale and non-delegated correspondent mortgage lender, today launched NQM Advantage, a new program built for the everyday Non-QM file. Advantage joins Apex, Optimum, Elite, Premier and Select in ResiCentral's Non-QM suite, giving brokers more qualifying flexibility and real pricing choice on the same scenario instead of a single fallback option. Advantage is offered in multiple tiers, including Prime and Plus.

"Non-QM isn't the exception anymore. It's a file brokers work every week, and they deserve real choices on it," said Brian Permutt, president of ResiCentral. "Built to Close isn't a tagline for us. It's how we measure ourselves. Advantage gives brokers more pricing options on the files they see most, and it gives our Non-QM team more ways to get those borrowers to the closing table. That's the job."

Today's Non-QM borrower is often a self-employed professional, an asset-rich buyer or an investor building a portfolio. Advantage is designed around them:

• Asset depletion to 85% LTV. On Advantage Prime and Advantage Plus, an asset-qualified buyer can put 15% down on a primary residence.
• A 15% expense factor for service businesses with no employees. Across every Advantage tier, a consultant, IT contractor or other one-person service business qualifies on 85% of business bank statement deposits, straight from the program's expense table.

For investors, DSCR Advantage allows a DSCR as low as 0.75, or No Ratio, and first-time investors are eligible.

Advantages also leaves room for real life. On Advantage Prime, a borrower 36 months post-bankruptcy, foreclosure or short sale can qualify on the full program matrix, with up to 90% LTV with a 740 credit score.

"A bankruptcy or short sale from three years ago tells me what happened then. The rest of the file tells me where the borrower is today," said Darci Marshall, VP of Underwriting at ResiCentral. "On Advantage Prime, one 30-day late mortgage payment in the last 12 months is acceptable, and DTI can go to 55% when the file meets residual income and other conditions. So, when a file like that comes across my desk, the program gives us room to approve it without penalizing the borrower for an old event they've already recovered from."

Every Advantage file runs through ResiCentral’s Non-QM team, with in-house Non-QM underwriters and a scenario desk for pre-submission reviews. Brokers can also run the eligibility tool anytime. On bank statement files, brokers get qualifying income back the same day, and it holds through underwriting.

To mark the launch, ResiCentral is offering a 25 basis point pricing improvement on NQM Advantage and DSCR Advantage loans locked through November 30, 2026, subject to program eligibility.

NQM Advantage and DSCR Advantage are available now to approved ResiCentral partners. Brokers can send a scenario to their ResiCentral Account Executive. Not a partner yet? Apply at resicentral.com/partner-with-us.

About ResiCentral

ResiCentral, LLC is a wholesale and non-delegated correspondent mortgage lender serving mortgage brokers and their teams. Conforming, government, jumbo and Non-QM programs all live under one roof. Its Non-QM suite of Apex, Optimum, Elite, Premier, Select and Advantage is supported by in-house underwriters dedicated to Non-QM and a Non-QM scenario desk, backed by a team that's Built to Close. Learn more at resicentral.com.