For borrowers who fall just outside standard Agency, FHA/VA, and Prime Jumbo guidelines 

 
 

PRODUCT FEATURES

• Fixed: 30yr, 30yr IO, 40yr IO
• ARM: 5/1, 7/1 (IO available on both) QM & NonQM, all ATR Compliant
• Loan Amounts: $100M to $2.5MM
• DTI up to 50%
• Cash-Out options
• No housing delinquencies in last 12 months, 4 yrs since FC/SS/DIL and BK.

 
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RESIDENCES

PRIMARY HOME
• Max LTV/CLTV: 90
• Max Loan Amt: $2.5MM
• Min FICO: 661


SECOND HOME
• Max LTV/CLTV: 80%
• Min FICO: 680
• Max Loan Amt: $2MM 

INVESTOR RESIDENCE
• Max LTV/CLTV: 75%
• Min FICO: 680
• Max Loan Amt: $1.5MM

 

 

TARGET BORROWER

• Min FICO: 661
• Max DTI: 50%
• Eligible: U.S. Citizens, First Time Home Buyer, Permanent Resident Aliens, Inter-Vivos Revocable Trusts

 

FINANCIALS

• Personal and business bank statement options available
• Asset utilization
• Express Doc (1-Year Tax Return)
• Reserves: minimum 3 months