What types of business funding does Surge Financial offer?

Surge Financial offers SBA loans, business lines of credit, equipment financing, working capital loans, revenue-based financing, and invoice factoring. We help businesses secure $10K to $5M in funding.

What real estate financing options are available?

Surge Financial provides DSCR loans, hard money loans, bridge loans, fix-and-flip financing, ground-up construction loans, and portfolio loans for real estate investors in all 50 states.

How fast can I get approved for funding?

Most approvals take 24-48 hours. We offer no hard credit pull pre-qualification and no upfront fees. Contact us at 954-787-4348 to get started.

Do I need perfect credit to qualify?

No. We work with borrowers across the credit spectrum. Many of our financing options including hard money and DSCR loans are asset-based, meaning the property or business revenue matters more than your personal credit score.

A DSCR (Debt Service Coverage Ratio) loan is an investment property loan that qualifies based on the property's rental income rather than your personal tax returns. It is ideal for real estate investors who want to finance rental properties.

What is Surge Financial?

A streamlined financial platform providing fast, transparent funding solutions and financing options designed to help businesses scale with ease and efficiency.

What is the difference between a Non-QM loan and a conventional mortgage?

A conventional mortgage must comply with Qualified Mortgage guidelines which require specific documentation and debt-to-income thresholds. A Non-QM loan allows alternative qualification methods for borrowers whose financial profile does not fit those requirements. Non-QM does not mean higher risk, it means the income or documentation is structured differently.

Can I use a Non-QM loan to buy a primary residence?

Yes. Non-QM loans are available for primary residences, second homes, and investment properties. Bank statement programs are commonly used by self-employed borrowers purchasing a primary home where their taxable income understates their actual earnings.

How are bank statement deposits calculated for income qualification?

For personal bank statements, most programs use 100% of deposits after removing transfers and non-recurring items. For business bank statements, most programs apply an expense factor of 50% to 70% depending on the industry and calculate qualifying income on the net deposits after that deduction.

Can foreign nationals qualify for Non-QM loans?

Yes. Foreign national programs are available for non-US citizens purchasing investment properties, second homes, and in some cases primary residences. Documentation requirements differ from standard programs.

How long do I need to have been self-employed to qualify?

Most bank statement programs require a minimum of 1 to 2 years of self-employment history. Some programs accept as little as 12 months with a strong income profile and clean bank statements.

REAL ESTATE FINANCINGNon-QM and Bank Statement Loans

Non-QM and Bank Statement Loans

Alternative qualification for self-employed borrowers, real estate investors, foreign nationals, and anyone whose income does not fit conventional mortgage documentation. 12 and 24 month bank statement programs, DSCR investor loans, asset depletion, and P&L qualification. No W-2 or tax returns required.

Get Started — No Fees →

$150K to $5M+

Loan Amount

70% to 90%

LTV

620+

Min Credit Score

12 or 24 Months

Bank Statements

Overview

What Are Non-QM and Bank Statement Loans?

Non-QM stands for Non-Qualified Mortgage. These are real estate loans that fall outside standard Qualified Mortgage guidelines but are not riskier loans, they are designed for borrowers whose income or financial documentation does not fit the narrow requirements of conventional lending. The most common borrowers are self-employed individuals whose tax returns understate actual earnings due to business deductions, real estate investors who qualify better on property income than personal income, foreign nationals without US-based income history, and high-net-worth borrowers who prefer to qualify on assets rather than income.

Bank Statement Programs allow borrowers to qualify using 12 or 24 months of personal or business bank statements without tax returns or W-2s. Income is calculated on actual deposit history rather than reported taxable income. DSCR Programs allow real estate investors to qualify based on the property's rental income rather than personal income. Asset Depletion Programs allow high-net-worth borrowers to qualify based on total liquid assets. P&L Programs allow self-employed borrowers to qualify using a 12-month profit and loss statement prepared by a licensed CPA. Loan amounts reach $5,000,000 and above on select programs with LTV from 70% to 90% depending on documentation type and property use. Minimum credit score is 620 on most programs.

At a Glance

Loan Amount$150K to $5M+

LTV70% to 90% depending on program

Min Credit Score620+

Bank Statements12 or 24 months (personal or business)

Income TypesBank statements, DSCR, asset depletion, P&L, full doc

Property TypesPrimary, second home, investment, short-term rental

Self-employed woman reviewing income statement

Process

How It Works

Step 1

Tell Us About Your Situation

Share how your income is generated, the property type and purpose, your approximate credit score, and the loan amount you need. Your advisor will identify which qualification method is the strongest fit for your profile.

Step 2

We Match You to the Right Program

Your advisor evaluates your income documentation type, credit profile, and property details and identifies the Non-QM programs that provide the best terms for your situation. We present the options clearly before you submit a full application.

Step 3

Submit Documentation and Close

Once a program is identified, you submit the required documentation: bank statements, a CPA-prepared P&L, or other qualifying documents. Most Non-QM pre-qualifications are issued within 24 hours of receiving a complete submission.

Considerations

Pros and Cons

Pros

Qualify without W-2s, tax returns, or standard employment verification

12 or 24 month bank statement programs available

Up to 90% LTV on select programs

Loan amounts up to $5,000,000 and above

Available for primary residences, second homes, investment properties, and short-term rentals

Interest-only options available on select programs

Foreign national programs available

No limit on number of financed properties on DSCR investor programs

Cons

Higher rates than conventional mortgages for equivalent profiles

Minimum credit score of 620 required on most programs (some programs accept 600+)

Not available in all states on all programs

More complex underwriting requires more preparation upfront

Lower LTV on cash-out refinances compared to purchase transactions on most programs

Eligibility

Do You Qualify?

Minimum credit score is 620 on most programs. The right qualification method depends on how your income is structured. Your advisor will identify the strongest program match for your specific situation.

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620+

Min Credit Score

12–24 Months

Bank Statements

Alternative

Income Documentation

FAQ

Common Questions

Free Tool

Free Bank Statement Income Calculator

Enter your monthly deposits and industry. See your qualifying income and estimated max loan amount.

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Related Guides

Guide

Does Your Income Situation Not Fit a Conventional Mortgage?

If you are self-employed, an investor, a foreign national, or your financial profile does not fit a conventional lending box, there is almost certainly a program that works for you. Start with a conversation and we will identify the right structure.

Discuss Your Scenario →No hard credit pull. No upfront fees. No commitment required.