Advancial Mortgage Offers the Following Loan Programs
Check back often as we are always updating our lender and loan program information.
Non-Warrantable Condos and Condotels
Mortgage Pre-Qualification Form – No Credit Check
Lender Niches
Flexible Loan Amounts and Unique Property Solutions
* Loans from $250,000 to $6,000,000 with no pre-payment penalty
* Only one appraisal required up to $4,000,000 loan amount
* Financing for unique properties: acreage homes, hobby farms, vineyards (no cap on land size or home-to-land ratio)
* Mixed-use properties and unique homes qualify under residential pricing
* Eligible for homes with multiple ADUs (Auxiliary Dwelling Units), manufactured units, and distinctive outbuildings
Flexible Borrower and Portfolio Lender Options
* Non-warrantable condos up to 80% LTV (all non-warrantable reasons accepted except major construction litigation)
* Condotels in all 50 states up to 75% LTV
* No U.S. credit or credit score required for Work Visas, Student Visas, EAD Cards, DACA OPT/CPT (up to 80% LTV)
* Borrowers with limited or no credit eligible for all programs and property types, including cash-out
* Foreign National program available
* Non-occupant co-borrowers allowed; blended income and asset depletion accepted
* IRA funds can be used for non-retirees as part of asset depletion
Cash-Out Flexibility and Income Solutions
* No-seasoning cash-out available for primary, second home, and investment properties
* Unlimited cash-in-hand allowed (even for homes listed for sale) with FICO scores as low as 560 or no credit score
* Cash-out proceeds can be used as qualifying income (alternative to reverse mortgage)
* Alimony and child support can be deducted from income instead of treated as a liability
* Gifted down payment, gift of equity, and gifted reserves accepted — including for investment properties