We now also have Bank Statement Second Mortgages - January 2023
Purpose:
- Stand-Alone Second
- Purchase Piggy-Back Second Mortgage
- Refinance Piggy-Back Second Mortgage
- HELOC
Maximum Loan Amount:
- $750,000
- Cash Out - OK
Maximum Loan-to-Value (LTV):
Financing 90% on this Second Mortgage Program
Eligible Property Types:
- Single Family Residence - Detached
- Single Family Residence - Attached
- Condo
Eligible Occupancy Types:
- Owner-Occupied / Primary Residence
- Second / Vacation Home
Consolidated debt figured into the end result DTI, debt to income ratio
Credit:
680 Minimum Mortgage Credit score
Income Documentation:
Full Income Documentation Only on this Program
Eligible Employment Types:
Salary or Self-Employed OK
States:
Alabama | Alaska | Arizona | Arkansas | California | Colorado | Connecticut | Delaware | Florida | Georgia | Hawaii | Illinois | Kentucky | Louisiana | Maine | Maryland | Massachusetts | Michigan| Missouri | Nevada | New Hampshire | New Jersey | New Mexico | North Carolina | Oklahoma | Oregon | South Carolina | Tennessee | Texas | Utah | Virginia | Washington
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