For borrowers who don’t fit standard agency, FHA/VA, and Jumbo guidelines.

PRODUCT FEATURES

  • 30 year Fixed & 5/1, 7/1 ARM

  • QM & Non-QM, all ATR compliant

  • Loan amounts: $100M to $2MM

  • DTI up to 50%

  • Non-warrantable condo & foreign nationals, FTHB, & non-occupant co-borrower allowed

  • Recent housing delinquencies, FC/SS/DIL & BK allowed

 

RESIDENCES

PRIMARY RESIDENCE

  • Max LTV/CLTV: 90%

  • Min FICO: 580

  • Max Loan Amt: $2MM

SECOND HOME

  • Max LTV/CLTV: 80%

  • Min FICO: 600

  • Max Loan Amt: $1.5MM 

INVESTOR RESIDENCE

  • Max LTV/CLTV: 75%

  • Min FICO: 600

  • Max Loan Amt: $1.5MM

 

FINANCIALS

  • Personal and business bank statement options available

  • Asset utilization

  • Reserves: minimum 3 months