6 Months Bank Statement Alt Doc Mortgage – 660 Credit Score
Personal or Business account statements can be used with any qualified assets with a mortgage credit score of 660 to a maximum loan-to-value ratio (LTV) of 80%. Exceptions made to 85% LTV per underwriter discretion.
We have lots of different kinds of bank statement loan accommodations including the 6 month variety. We also have 24-month, 12-month, 3-month , and 1-month programs here to serve self-employed borrowers.
Self-Employed Borrower Alternative Income Documentation
Self-Employed & Commission Business Professionals, this 6 Month Super Jumbo Bank Statement Non-Qualified Mortgage (non-qualified-mortgages)
Non-QM loan programs are for all residential property types and occupancy types including investment properties.
Credit Score, LTV, Loan Amount, Occupancy, Property Types, etc. Single Family Residence, Owner-Occupied Matrix:
Purchase & R/T Refinance:
| Loan Amount | Loan-to-Value | Credit Score |
|---|---|---|
| $5,000,000 | 85% LTV | 740 |
| $4,500,000 | 85% LTV | 720 |
| $3,500,000 | 80% LTV | 700 |
| $2,500,000 | 75% LTV | 680 |
| $1,500,000 | 75% LTV | 660 |
Cash Out Refinance:
| Loan Amount | Loan-to-Value | Credit Score |
|---|---|---|
| $3,500,000 | 80% LTV | 740 |
| $3,000,000 | 80% LTV | 720 |
| $2,500,000 | 80% LTV | 700 |
| $2,000,000 | 80% LTV | 680 |
| $1,500,000 | 75% LTV | 660 |
LTV, Occupancy & Loan Amounts
| Investment Property | Second Home |
|---|---|
| * Single Family Residence (SFR) * 75% LTV – $2,000,000 * 70% LTV – $2,500,000 * 65% LTV – $3,000,000 | * Single Family Residence (SFR) * 80% LTV – $3,000,000 * 75% LTV – $3,500,000 * 70% LTV – $4,000,000 |
Property Type & Occupancy
| Eligible Property Types | Eligible Occupancies |
|---|---|
| * Single Family Residence (SFR) – Attached * Single Family Residence (SFR) – Detached * Condominiums * Non-Warrantable Condos * Condotels * Planned Urban Development (PUD’s) * Duplex * Triplex * 4 Unit | * Owner-Occupied/Primary Residence * Owner-Occupied/Investment Property * Second Homes * Investment Properties (10 Maximum REO) * Owner-Occupied/Primary Residence * Second Homes * Investment Properties (10 Maximum REO) |
Mortgage Pre-Qualification Form – No Credit Check
Available in the Following States:
Alabama, Arizona, California, Colorado, Florida, Georgia, Hawaii, Illinois, Iowa, Maine, Maryland, Massachusetts, Nevada, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and Washington.