Life's better with Cake.

Non-QM loans for borrowers who don't fit agency guidelines.Non-QM loans for self-employed borrowers, investors, foreign nationals, and people with recent credit events. Underwritten in-house, without overlays.

Become a partner Find your cake

8 programs, each named for a cake.

Each one is built for a different borrower. Open one for its limits and matrix.

Minimum score: 620
Maximum LTV: 90%
Maximum loan: $4M
States plus DC: 48

Which cake takes the file?

Describe the borrower and see every cake that takes them. Then price it with an account executive before you submit.

How the borrower documents income

Credit score680

Loan-to-value80%

Loan amount$1M

8 cakes take this file

13 counting their Lite and Investor versions

Coffee Cakealso Lite680+ · 80% · $2.5M680+ score · 80% LTV · to $2.5M
Cup Cakealso Investor620+ · 90% · $4M620+ score · 90% LTV · to $4M
Sponge Cakealso Lite620+ · 90% · $3M620+ score · 90% LTV · to $3M
Funnel Cakealso Lite660+ · 90% · $3M660+ score · 90% LTV · to $3M
Pound Cake Lite660+ · 90% · $3M660+ score · 90% LTV · to $3M

Price it with an AE See all 8 that fit

Limits from the published matrices. The guidelines govern every file.

Submission to funding, one layer at a time.

Turn times, in business days

StagePurchaseRefinance

Disclosures1 day1 day
Underwriting1-2 days1-2 days
Conditions2-3 days2-3 days
CD issued1-2 days1-2 days
Docs and funding1-2 days1-2 days

6 to 10business days,
submission to funding

Posted by operations on April 10.

Made in‑house.

Your account executive, your underwriter, and your closer all work for Cake. These are the people who run those teams, and you can call any of them by name.

David Abelyan
President & CEO
Andre Yerkanyan
FVP, Sales
Manuk Ashdjian
VP of Business Enterprise Solutions
Rich Mango
SVP of Operations
Arin Baghermian
SVP, Learning and Development
Albert Mardikian
VP of Account Managers
Bryan Snoke
Director of Compliance & HR
Call with a scenario.
30 minAverage account executive response
Talk a file through before you submit it. Mon to Fri, 8 AM to 6 PM PT.
(833) 717-0401