DSRC Investor Loan Program Jumbo and Super Jumbo to $2,500,000 and Super Jumbo to $5,000,000
Purchase & Rate/Term Refinance:
Credit Score | LTV | Loan Amount Matrix Information:
660 Credit Score | 80% LTV to $3,000,000
640 Credit Score | 75% LTV to $3,000,000
Refinance Cash Out: (cash out can be used to meet reserve requirement)
660 Credit Score | 75% LTV to $3,000,000
620 Credit Score | 65% LTV to $3,000,000
Loan Amounts: $5,000,000 – 760 Middle Mortgage Credit Score
Employment Verification: N/A – 4506-C Form Not Required
DTI: N/A
Property Types:
SFR, 2 Unit, 4 Unit
Occupancy: Non-Owner Occupied. Investment properties
Income Documentation
Employment Verification Documentation – VOE: N/A
4506-T is Not Required
Liquid assets can be used for Additional Income
Credit:
Credit Scores: 620
Credit Seasoning:
2 Tradelines, one with a 24 Month History and One with 12 Month History or 3 Tradelines, all with a minimum of 12 Months History
Available in the Following States:
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, and Wisconsin.