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