Self-Employed Home Loan 600 Credit Score
Self-employed borrowers can qualify for an extensive line of alt doc home loans.
12 Months Bank Statements – 90% LTV – 680 Credit Score
With only one year of employment verification and 12 months of bank statements, allowing up to 90% loan-to-value (LTV) with Non-Prime 620 credit scores eligible at lower LTVs.
Super Jumbo Loan Amount Cash Out – $15,000,000
This lender also offers a super jumbo cash out refinance loan ($3,000,000 cash-in-hand). with alternative income documentation with loan amounts up to $15,000,000. This provides a flexible financing option for high-value properties and large loan amounts.
Cash Out LTVs and Credit Scores:
- 90% LTV – 700 Credit Score – $4,000,000
- 90% LTV – 680 Credit Score – $3,000,000
- 80% LTV – 660 Credit Score – $2,500,000
- 75% LTV – 640 Credit Score – $2,000,000
- 70% LTV – 620 Credit Score – $1,500,000
- 70% LTV – 620 Credit Score – $1,000,000
Self-Employment Verification of Employment Options:
- Article of Incorporation/ Operating Agreement
- CPA Letter or any Licensed Tax Professional
- Internet Listing
- Business License
- Operating Agreement
12 and/or 24 Months Personal Bank Statement with Asset Depletion
Alternative Income Doc Options:
- 12 Months Personal Bank Statements
- 12 Months Business Bank Statements with 3 Months Business Bank Statements
- Profit and Loss Statement: Borrower Prepared and Unaudited
- Asset Depletion – in conjunction and or stand alone income source
Available Terms:
- ARM 5/1
- ARM 7/1
- ARM 5/1 / 10 Year Interest Only rolls into 30 Year Fixed Market Price
- ARM 7/1 / 10 Year Interest Only rolls into 30 Year Fixed Market Price
Available in the Following States:
Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Maine, Maryland, Massachusetts, Nevada, New Jersey, North Carolina, Oregon, Pennsylvania, Tennessee, Texas, Virginia, and Washington.