Portfolio Mortgage Asset Based Lending | Asset-based Income Documentation
DTI up to 55%
Subordinate Financing Permitted
Business Purpose Loans Available
Foreign National for either second home or investment properties
Loan Amount >$2,000,000 – 2 Appraisals
Terms: 15 and 30 year amortization
Interest Only Options
10-year Interest only term available for 40-year fixed rate and amortization up to 85% LTV, 80% LTV on 2-4 units.
Eligible Occupancies and Property Type:
Primary residence: SFR, 2-4 Units, Condos, condotels
Eligible Property Types: 1 – 4 units, Condos, Condotels. Warrantable and Non-warrantable
Investment / Business Purpose – 1 - 4 Unit and Condos
Required Reserves: >2,000,000 Loan Amount 6 Months PITIA
Liquid Asset Accounts
Payment Distribution
Purchase / Rate & Term Refinance:
LTV/Loan amount Matrix
720 Credit Score
85% LTV to $2,000,000
80% LTV to $2,500,000
75% LTV to $3,000,000
700 Credit Score
85% LTV to $2,000,000
80% LTV to $2,500,000
75% LTV to $3,000,000
70% LTV to $3,500,000
65% LTV to $4,000,000
60% LTV to $5,000,000
680 minimum Credit Score:
60% LTV to $1,000,000
55% LTV to $1,500,000
50% LTV to $2,000,000
700 minimum Credit Score:
80% LTV to $1,500,000
70% LTV to $2,000,000
65% LTV to $2,500,000
60% LTV to $3,000,000
50% LTV to $4,000,000
680 minimum Credit Score:
80% LTV to $1,500,00
70% LTV to $2,500,000
65% LTV to $3,000,000
660 minimum Credit Score:
75% LTV to $1,500,000
Cash Out Refinance:
720 minimum Credit Score:
75% LTV to $1,500,000
70% LTV to $2,000,000
700 minimum Credit Score:
75% LTV to $2,000,000
70% LTV to $2,500,000
65% LTV to $3,500,000
680 minimum Credit Score:
70% LTV to $2,500,000
60% LTV to $3,000,000
660 minimum Credit Score:
65% LTV to $1,500,000
60% LTV to $2,000,000
Available in the Following States:
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington.