For a long time, conventional refinances were the norm in product offerings. Now, the focus is on the hot purchase market, and brokers are looking for solutions outside the conventional conforming product box to assist their client base. That’s where Finance of America Mortgage (FAM) TPO’s Two-X Flex suite of proprietary jumbo and non-QM products comes into the picture.

“Our products empower brokers to assist more people who would otherwise be shut out of the traditional purchase market,” said Nectar Kalajian, senior vice president, channel leader, TPO.

FAM TPO’s Two-X Flex suite comes with additional products to give borrowers even more purchasing or refinancing power, which allows them to qualify for loans based on factors outside of standard requirements.

The proprietary loan suite includes:

Two-X Flex: a document that allows unconventional borrowers to qualify with two years of income

Two-X Flex Bank: requires no tax returns and enables self-employed borrowers to qualify using bank statements

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