For borrowers with a recent credit event or who don’t fit standard Jumbo and Agency Guidelines

 
 

PRODUCT FEATURES

• Fixed: 30yr, 30yr IO
• ARM: 5/1, 7/1 (IO available on both) 
• QM & NonQM, all ATR Compliant
• Loan Amounts: $100M to $2MM
• DTI up to 55%
• Cash-out options
• Non-warrantable condo, FTHB, Foreign Nationals, IO
• 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
• Express Doc (1-Year Tax Return)
• Reserves: minimum 3 months