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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