A&D Mortgage Overview
A&D Mortgage is a wholesale non-QM lender based in Fort Lauderdale, Florida, that has aggressively expanded its DSCR and investor lending programs. A&D operates exclusively through the wholesale channel, meaning they work with mortgage brokers who originate loans on their behalf. Their competitive pricing and flexible guidelines have made them a favorite among brokers serving real estate investor clients.
A&D Mortgage offers a comprehensive suite of non-QM products, including DSCR loans, bank statement loans, and jumbo non-QM products. What sets A&D apart is their willingness to accommodate flexible LLC structures, multiple-entity borrowers, and complex ownership arrangements that other lenders may shy away from. For investors operating through multiple LLCs or partnership structures, A&D provides a level of flexibility that is difficult to find elsewhere.
A&D has been expanding their product offerings and market share rapidly, investing in technology and operations to serve the growing demand for non-QM investor loans. Their wholesale focus means pricing is competitive, as brokers can shop A&D alongside other wholesale lenders and pass the savings to borrowers.
Loan Products Offered
- DSCR loans — rental property financing with flexible LLC and entity structures
- Bank statement loans — 12 or 24 month bank statement qualification
- Non-QM full documentation — alternative income documentation programs
- Jumbo non-QM loans — high-balance investment property financing
- Cash-out refinance — access equity in existing investment properties
Rates and Terms
A&D Mortgage offers DSCR loans with LTV maximums of 80-85%, which is competitive in the wholesale channel. Rates are market-competitive and benefit from wholesale pricing, typically ranging from 6.5% to 8% depending on credit score, LTV, DSCR, and property type.
Loan terms include 30-year fixed and adjustable-rate options, with interest-only periods available on certain products. Loan amounts extend into the jumbo range, serving investors acquiring higher-value properties.
Because A&D operates wholesale, your broker will shop their rate against other wholesale lenders. This competitive dynamic tends to produce favorable pricing for borrowers. Closing timelines are typically 25-35 days, consistent with the wholesale non-QM market.
Requirements
- Minimum credit score: 660-680 depending on the specific product
- Minimum DSCR: 1.0 for standard programs; some flexibility for strong compensating factors
- Down payment: 15-25% depending on LTV and product
- LTV: 80-85% on DSCR purchases
- Entity: Flexible LLC structures and multi-entity borrowers accepted
- Channel: Wholesale only — must apply through a licensed mortgage broker
Pros
- Flexible LLC and entity structures — accommodates complex ownership arrangements
- Competitive wholesale pricing passed through to borrowers via brokers
- High LTV (up to 85%) on DSCR products
- Comprehensive non-QM product suite beyond just DSCR
- Rapidly expanding operations and technology investment
- Strong relationships with wholesale mortgage brokers nationwide
Cons
- Wholesale only — cannot apply directly as a borrower
- Requires finding a broker who carries A&D Mortgage products
- Newer entrant in the aggressive DSCR space compared to long-established players
- Closing timelines depend on broker efficiency and pipeline
Who Is A&D Mortgage Best For?
A&D Mortgage is ideal for investors who operate through complex LLC or partnership structures. If you hold properties in multiple entities, have joint ventures, or use series LLCs, A&D's flexible entity guidelines are a significant advantage. Many lenders have rigid rules about how borrowing entities must be structured — A&D provides more room to accommodate how sophisticated investors actually operate.
A&D is also a strong choice for investors who already work with mortgage brokers. If your broker has A&D on their wholesale shelf, you benefit from competitive wholesale pricing and the ability to compare A&D against other wholesale non-QM lenders in a single rate-shopping exercise.
How to Apply
A&D Mortgage is a wholesale lender, so you will need to apply through a licensed mortgage broker. Ask your broker if they carry A&D Mortgage's DSCR and non-QM products. If you do not have a broker, A&D's website may have resources to help you connect with an approved broker in your area.
Your broker will submit your application, collect documentation, and manage the underwriting process. Have your property details, rental income projections, entity documentation (operating agreements, articles of organization), and financial statements ready. A&D's underwriting team will review the file and issue a decision, typically within a few business days of complete submission.