96.5% LTV with 620 Credit Score


Purchase and Rate and Term Refinance

No Cash Out

55% maximum Debt Ratio DTI

Owner Occupied Only

Property Types:



4 Units


2 Months Reserves required

Eligible Borrowers:

Military Personnel

Permanent Resident Aliens

Non-Permanent Resident Aliens

Credit Notes:

Need a minimum of two tradelines with a 24-month history

Bankruptcy requires 2 years seasoning

Foreclosure requires 3 years seasoning

Mortgage or rent history, no 30-day lates for the last 12 months

Installment Loans and Revolving Accounts, no 30-day lates for last 12 months

No open judgments for the last 24 months

No Tax liens for last 12 months

Medical Collections and Charge-offs OK

No Car repossessions in previous 24 months 


Reference# 784528091614841amld