Super Jumbo Non-Prime Alt Doc – $10,000,000
Documentation: Bank Statements from 600+ FICO to 90% LTV
Full Income Documentation to 90% LTV | Tax Returns, W2s Profit & Loss statements, leases, Awards Letters, sourcing funds Ford down payment closing cost reserve requirements.
Liquid Assets: 12 months reserves for subject property + 6 months for each additional property owned.
Eligible Occupancies: Primary Residence Only
- Interest-Only Options to 75% LTV
Wage Earner Income Documentation: 2 Years W2’s but Not Tax Returns
Credit Notes:
- 1 Year out of Chapter 7 Bankruptcy Seasoning from 580+ FICO
- Unlimited Consumer Lates OK
- SFR/Condos/Townhomes/Multi-Units
- Unlimited 30-Day Lates to $2 Million
- Second Homes to $2 Million
- Unlimited Cash Back When Property Owned Free & Clear OR Under 50%
Available in the Following States:
Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Maine, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, and Washington.
Last Updated on 3 months ago by Broker Mortgages