Acra lending is a non QM wholesale mortgage lender.
12 month bank statement program offers up to 90% LTV and 80% cash out options. We accept both personal and business bank statements, making it easier for self-employed borrowers and wage earners to qualify. Hybrid income sources are allowed and we use the primary earner’s fico score for qualification. Questions? Speak to a Non-QM Mortgage Specialist: (800) 718-8906.
DSCR investor cash flow program for one to four unit properties offers up to 80% LTV and 75% cash out, with loan amounts ranging from 100,000 to 3,000,000. No investor experience or reserves are required, and only a one month asset statement is needed for funds to close. Borrowers can also close in an entity for added flexibility.
This Foreign National DSCR loan program for one to four unit properties offers up to 75% LTV for purchases and 70% for refinances, with loan amounts ranging from 100,000 to 3 million. No reserves are required, and there’s no vacancy factor applied. Borrowers can use foreign bank accounts, and only a 2 month asset statement is needed for funds to close.
ITIN loading program offers up to 80% LTV and 75% cash out, with loan amounts from 100,000 to 1,000,000. Borrowers can qualify with a minimum 650 fico or no fico score at all. We accept various income documentation, including full doc, bank statements, WVOE, 1099, and PNL. No EAD or visa is required for eligibility.
