Non-Prime Investor Program | Forms 4506-T and 4506-C Not Required
Real Estate Investor can own up to 20 financed properties
Credit Score Requirements
700 Credit Score - 85% LTV
660 Credit Score - 80% LTV
Maximum Loan amount - $750,000
Loan purpose:
Purchase
Refinance
Cash Out Refinance - $500,000 Maximum
Property Types:
SFR Single Family Residence
2-unit
4-unit
Occupancy:
Investment Property / Non Owner-Occupied
Credit Notes:
2 years seasoning required from bankruptcy discharge date
No seasoning required for short sales and foreclosures
50% maximum DTI Debt to Income ratio
States:
Alabama, Arizona, California, Colorado, District of Columbia, Georgia, Florida, Iowa, Indiana, Kentucky, Maryland, Michigan, Minnesota, North Carolina, Ohio, Oregon, South Carolina, Tennessee, Texas, Virginia, Wisconsin
Reference # - 125 527030515