Non-Prime Mortgage Lender Programs and Highlights
Non-Prime - Alt Doc (Form 4506-C Not Required) and Full Doc (Form 4506-C is Required)
- 580 Middle Credit Score
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- Credit Score Model 2, 4 or 5
- 90% LTV up to
- $1,000,000 Maximum Loan Amount
- One Day After Foreclosure Finalization Date
Non-Prime Lite Doc Programs
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1 Year Documentation History or Less | Form 4506-T - Not Required
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- 2 Months Bank Statements: 620 Middle Credit Score (model 2, 4 or 5) - 90% LTV up to $3,000,000 Maximum Loan Amount
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- One Year Tax Return: 620 Middle Credit Score (model 2, 4 or 5) - 90% LTV up to $3,000,000 Maximum Loan Amount
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- WVOE (written verification of employment): 640 Middle Credit Score (model 2, 4 or 5) - 85% LTV up to $4,000,000 Maximum Loan Amount
Non-Prime Alternative Doc Programs
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2 Year Documentation History | Form 4506-T - Not Required
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- 24 Months Bank Statements: 600 Middle Credit Score (model 2, 4 or 5) - 90% LTV to $3,500,000 Maximum Loan Amount
Non-Prime No Doc Programs
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Investment Property Programs
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- DSCR (debt service coverage ratio): 620 Middle Credit Score (model 2, 4 or 5) - 85%% LTV (rate and term) and 80% LTV (cash out refinance) up to $5,000,000 Maximum Loan Amount
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- Foreign National Investors: Any Credit Score/Credit Score Not Required - 80% LTV to $3,500,000 Maximum Loan Amount | Tax Returns Not Required
Non-Prime No Doc (No Ratio) Programs
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No Income Documentation
- Purchase or Refinance with Cash Out: 740 Middle Credit Score (model 2, 4 or 5) - 70% LTV to $2,500,000 Maximum Loan Amount | Owner Occupied/ Primary Residence
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- Foreign National: 600 Middle Credit Score (model 2, 4 or 5) - 90% LTV to $3,500,000 Maximum Loan Amount | No Tax Returns Not Required | Form No 4506-T Not Required
Loan Scenario Form - Credit Check Not Required |
Available in the Following States:
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Maine, Maryland, Massachusetts, Michigan, Nevada, New Hampshire, New Jersey, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington