NONI – Non Owner No Income

A simple, innovative business purpose loan product available exclusively at HTEM. NONI is the result of four years and over $5 billion in NonQM submission R&D. We’re here to help you add this incredible business line to your business.

Program Highlights

  • As little as 0 months reserves (Use property cashflow to qualify)
  • FICOS As Low As 620
  • No Seasoning on cash out or rate and term
  • No LTV Restrictions on 2-4 units
  • LTV’s up to 80% (min 660 fico)
  • NOW AVAILABLE – 40 Year Fully Amortized Term

Allows Foreign Nationals

  • Foreign National Matrix
  • Investment Properties only
  • 75% MAX LTV – Purchase
  • 65% MAX LTV – Rate and Term Refi
  • 65% MAX LTV – Cash out Refi
  • Up to $1,500,000 loan amounts
  • No Income, No Job, No US Credit Required
  • First Time Home Buyers Allowed, First Time Investors Allowed

NONI Purchase & R/T

  • Going to 80% LTV on R/T Transactions (min 660+)

NONI Cash Out

    • Going to 75% LTV on Cash out Transactions (min 660)

Across the Board

    • Increased max loans amounts across the board (Max $3.5mm)
    • Now allowing 1x30x12
    • Short Term Rental – NOW only need 1 year experience
    • Business funds now OK with 25% ownership


  • NONI65 Matrix
  • No Min Tradeline requirements (MTG Only credit report with score allowed)
  • No STR experience required to use STR rental income
  • No Restrictions on Nursing/Assisted Living homes
  • No Reserves required
  • Credit Event Seasoning only 24 months
  • No Restrictions on Unleased Property
  • Housing lates up to 0x60x12
  • No restrictions on gift funds
  • Condotels allowed