A&D Mortgage is a wholesale non-QM lender headquartered in Florida and licensed across multiple states. They operate through the broker channel and specialize in non-agency lending for self-employed borrowers, real estate investors, and foreign national clients. Their DSCR and bank statement programs are among their most utilized products.
Core Product Categories
- ✦DSCR loans: qualification based on the subject property's rental income coverage of the monthly debt obligation, without borrower income verification
- ✦Bank statement loans: 12-month or 24-month bank statement averaging for self-employed borrowers unable to document income through tax returns
- ✦Foreign national loans: programs for non-US citizens and non-permanent residents without US credit history
- ✦Full doc non-QM: borrowers with income but DTI or credit profiles outside conventional guidelines
- ✦Fix-and-flip bridge loans: short-term financing for investors purchasing and renovating properties
DSCR Program Structure
A&D Mortgage DSCR programs allow qualification based on the subject property's income coverage ratio without requiring borrower income documentation. DSCR is calculated as gross monthly rent divided by the total monthly housing payment (PITIA). Programs typically offer both fully amortizing and interest-only options, with LTV limits and FICO minimums that vary by DSCR ratio and property type. Prepayment penalty structures on DSCR loans are standard. Brokers should pull the current DSCR product matrix directly from A&D to confirm current parameters.
Bank Statement Income Calculation
- ✦Personal bank statements: deposits averaged over 12 or 24 months, reduced by an expense factor to arrive at qualifying income
- ✦Business bank statements: deposits averaged over 12 or 24 months, reduced by an expense factor that accounts for business expenses
- ✦Expense factor varies by program and is applied to reflect the fact that not all business deposits represent net income
- ✦Two years of self-employment history is typically required; documentation varies by program
How to Get Started with A&D Wholesale
- ✦Submit broker approval application through their wholesale portal
- ✦Request product matrices for DSCR, bank statement, and foreign national programs
- ✦Confirm state licensing: A&D is not licensed in every state, so verify eligibility for your market
- ✦Ask about scenario desk availability: non-QM lenders typically offer scenario review support before formal submission
Aria can analyze a specific DSCR or bank statement scenario and identify qualifying non-QM lenders based on the borrower's documentation and property profile. Ask at vicariointel.com.
7-day free trial. No credit card required.
Ask Aria About Non-QM DSCR and Bank Statement Programs →