What is Flex Select Prime 2nd Lien?

The 2nd lien loan program is tailored for those seeking flexible financing solutions. It allows your borrowers to tap into up to 85% CLTV, with loan amounts ranging from $125K to $500K. Whether they’re eyeing a new purchase or considering a cash-out, this program has them covered. It’s versatile, catering to both owner-occupied and second homes. Plus, with a minimum FICO of 680, it focuses on the primary wage earner’s middle score for qualification. And to add a cherry on top, the program offers the choice of full documentation or alternative docs like bank statements and 1099s. Your borrowers can confidently step forward, knowing mortgage lates won’t hold them back.

Need a Flex Select Prime 2nd Lien loan scenario review?

If you have a client scenario that you would like our team to review, please use our simple prequal submission form.


  • Up to 85% Max CLTV
  • Loan Amounts: $125K–$500K
  • Purchase and Cash Out
  • OO and Second Homes
  • Min FICO Score of 680, Qualifying Off Primary Wage Earner’s Middle Score
  • 2 Years of Full Doc or 2 Years of Alt doc, Bank Statements (Business or Personal) or 1099 or P&L With 2 Months Business Bank Statements
  • 0x30x24 Mortgage Late
  • U.S. Person


Become an Approved
Broker in Just Minutes!

Offer your clients even more financing options by becoming an NQM Funding, LLC-approved broker. You’ll gain access to our competitive loan packages, flexible programs, and top-quality support service to ensure that your clients are getting the best deal, every time.


This information is intended for the exclusive use of licensed real estate and mortgage lending professionals in accordance with all laws and regulations. Distribution to the general public is prohibited. Rates and programs are subject to change without notice.