If rental property, simple, using DSCR, read DSCR comparison excel, running Loannex to check pricing, and can use bank statement program for rental
If primary,
self employed, can use bank statement, P&L, etc, run Loannex
if w-2, use WVOE, VVOE, run Loannex
if 40% down, GMCC Universe in 6 states, select counties, lower rate, close to full doc, read GMCC Universe PPT for details
if not clear after running EPPS full doc, Loannex for non-QM (stated income), email production or contact your local branch manager
Possible to use asset depletion, asset utilization/qualification if sufficient assets for better rate either QM or non-QM. Read GMCC Celebrity Asset Depletion PPT and GMCC asset as income section
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