No income No DTI – Made for investors buying investment properties
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Max LTV 75%
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Min fico 660
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Loan amount up to 1.5 Million
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Can close in an LLC
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Purchase, Rate and term or Cash out
Bank Statement Program – Made for self-employed business person buying property by providing 12 OR 24 month bank statement options.
Program made for people who have 1099 Income only – No Tax returns needed
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15% down
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Min fico 660
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Primary, 2nd home and investment properties
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Purchase, Rate and term or cash out
Program made for people who had Bankruptcy, foreclosure, short sale, only 2 years out – also allows late payments
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Min Fico 660
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Max LTV 15%
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Cash out up to 85% LTV
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40yr I/O option
Asset Qualifier – No DTI No Income – Assets ONLY – Must have 500K in assets
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Max loan amount 2M
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Min fico 680
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Max LTV 80% for primary – 80% for 2nd homes
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Purchase, Rate and term only no cash out
OTHER products and services
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Conv/FHA/VA NO SCORE options
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FHA/VA down to 580 fico – manual underwriting down to 600 fico
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Manufactured home financing
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TBD underwrites and INCOME review services.
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Recent 1 Year income documentation program for self-employed people who are running business from last 5 years.
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USDA Loans
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FHA with competitive rates plus soon 5-8 Units, VA and FHlMC products to be rolled out.
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We will lend on 1 day out of Bankruptcy (chap 13 file date) or F/C.