ACC Mortgage Offers the Following Loan Programs
Check back often as we are always updating our lender and loan program information.
* 90% LTV
* Bank Statements – Business and/or Personal Account(s)
* 3 Different Expense Factors
* $4,000,000 Max Loan Amount
* Interest Only Available
* Purchase – 75% LTV
* Refinance R/T – 70% LTV
* Cash Out Refinance – 65% LTV
* Non-Owner-Occupied
* 6 Months Reserves – 6 Months
* Vesting – Business or Individual
* 620 FICO and Above
Income Documentation Options:
* Bank Statements
* P&L Only
* 1099 Only
Underwriter Notes:
* 85% LTV
* 50% DTI (exceptions made to 55%)
Credit Criteria:
* 620 Credit Score
* Bankruptcy, Foreclosure, Short Sale – 2 Years Seasoning
* Gift Funds – OK
* Seller Concession – 6%
* $3,000,000 Loan Amount
* 3 Months Reserves
* Financing for Investors to Buy and Sell
Income Documentation Options:
* Bank Statements
* P&L Only
* 1099 Only
* 85% LTV
* 50% DTI
* Gift Funds – OK
* 620 Credit Score
* Government Photo ID + ITIN Card or IRS Letter
Qualified Liquid Assets
* Checking, Savings, and Money Market
* Stocks, Bonds, Mutual Funds, Retirement – 70%
Mortgage Pre-Qualification Form – No Credit Check
Licensed in the Following States:
Alabama, Arizona, California, Colorado, District of Columbia, Georgia, Florida, Iowa, Indiana, Kentucky, Maryland, Michigan, Minnesota, North Carolina, Ohio, Oregon, South Carolina, Tennessee, Texas, Virginia, and Wisconsin.