DSRC Investor Loan Program Jumbo and Super Jumbo to $3,000,000 and Super Jumbo to $5,000,000
Purchase & Rate/Term Refinance:
Credit Score | LTV | Loan Amount Matrix
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660 Credit Score | 80% LTV to $3,000,000
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640 Credit Score | 75% LTV to $3,000,000
Refinance Cash Out: (cash out can be used to meet reserve requirement)
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660 Credit Score | 75% LTV to $3,000,000
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620 Credit Score | 65% LTV to $3,000,000
Loan Amounts: $4,000,000 - 760 Middle Mortgage Credit Score
Employment Types: N/A
Eligible Business Entities: Corp, LLC, Trust
Employment Verification: N/A
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 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 fo 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