• Alternative Income Documentation Jumbo Program

    Alt-Doc Mortgage Program | Forms 4506-T and 4506-C Not Required

    • 90% LTV (loan-to-value) Financing
    • $1,500,000 - Maximum loan amount:
    • 3 Month Reserve Requirement for Each Property Owned
    • $2,500,000 - Maximum loan amount:
    • 6 Month Reserve Requirement for Each Property Owned
    • Residual Income Requirement: / DTI
    • DTI Less Than 35% - $2000 Monthly Residual Income
    • DTI Greater Than 35% - $3000 Monthly Residual Income

    Property Types:

    • SFR Single Family Residence
    • PUD Planned Urban Development
    • Condo
    • Non-Warrantable

    Debt-to-Income DTI - 50% with 680 Credit Score to 80% LTV

    • Interest Only payment Available - 680 Credit Score

    Gift Funds

    • 100% financing available with 20% gift

    Underwriting Notes

    • Super Jumbo Loan Amounts require a second appraisal

    Credit Notes:

    • 0 30 Day Mortgage Lates - 12 Month History
    • 25 Maximum Properties Owned:
    • Owner Occupied - No Limit

    Investment Property or Second Home - 10 Maximum unless LTV

    • Less than 75%, LTV, No Limit

    States:

    Alabama, Arizona, California, Colorado, 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, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, and Wisconsin

    Reference # 214 554488

  • 95% LTV Jumbo Unlimited Cash-Out to $1,500,000

    High LTV Cash Out Financing

    5% Down Payment for your Jumbo purchase or 95% LTV Jumbo financing for Rate / Term refinance. Cash Out also available on this program & may be used for any purpose including reserve requirements. 95% LTV cash out by exception only.

    Non-Occupant Co-Borrowers OK

    The purpose of the Non-Occupant Co-Borrower could be many things. But is always for a specific reason. Ultimately it is to somehow strengthen the file in the area or areas needed to rectify any sort of credit deficiency or credit profile deficiencies had by the primary borrower.

    This can be achieved with a Non-Occupant Co-Borrower by way of cash reserves; income; credit history; depth, criteria, and scores. Often it is to increase the amount of qualifying income to reduce the qualifying DTI to an acceptable percentage. A development like this could, in effect, increase the over-all "credit grade" and qualifications of the borrower possibly opening up additional options to consider in other areas of the loan such as a more flexible down payment requirements, increased loan amount, gift funds eligibility, etc. Flexibility. And let us not forget better pricing, preferable terms, easier conditions, the makings for either a great mortgage or perfect home loan.

    Non-Qualified / Non-Prime

    3 Options: Full Doc, Lite Doc, and Alt Doc

    Full Doc - 2 Years (55% DTI)

    Full Doc - 1-Year (55% DTI) Lite Doc / Reduced Doc) "Lite Doc" also pertains to Employment History documentation and verification i.e., Sole Prop, C Corp, S Corp, LLC. < 2 Years

    Bank Statements - 12 Months

    Liquid Assets

    Down Payment and closing costs - Business and Foreign Funds Acceptable

    Reserve Requirement - Business funds OK. However, if the borrower is not 100% owner of this business, will be required to obtain a CPA Letter stating the cash withdrawal would not have an adverse impact on the business. Foreign Funds acceptable, too.

    Purpose:

    Purchase: 95% LTV Purchase or Rate & Term refinance with 720 credit score on Owner Occupied only to $1,500,000 – No Mortgage Insurance.

    Cash-Out Refinance: 90% LTV unlimited cash-out with 760 credit score on Owner-Occupied Only to $1,500,000 – No Mortgage Insurance.

    Loan Amounts:

    • Maximum $2,500,000 – 600 Credit Score

    Terms:

    • 40-Year fixed
    • 40-Year fixed Interest Only
    • 30-Year fixed
    • 30-Year fixed Interest Only
    • 10/1 ARM
    • 10/1 ARM Interest Only
    • Interest Only feature - 600 Middle Credit Score.

    This program is considered non-prime is because it does allow for past mortgage lates. Up to 120 days late. 

    Credit Score Matrix:

    Loan-to-Value / Maximum Loan Amounts / Reserve Requirement

    Property Types - SFR, Condos and PUD's

    720 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 85% LTV - $2,500,000 - 12 Months Reserves
    • 70% LTV - $3,000,000 - 12 Months Reserves
    • 70% LTV - $5,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 80% LTV - $2,500,000 - 12 Months Reserves
    • 70% LTV - $3,000,000 - 12 Months Reserves
    • 65% LTV - $5,000,000 - 12 Months Reserves
    • 60% LTV - $5,000,000 - 12 Months Reserves

    700 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 85% LTV - $2,500,000 - 12 Months Reserves
    • 70% LTV - $3,000,000 - 12 Months Reserves
    • 70% LTV - $5,000,000 - 12 Months Reserves
    • 70% LTV - $5,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 75% LTV - $2,500,000 - 12 Months Reserves
    • 65% LTV - $3,000,000 - 12 Months Reserves
    • 60% LTV - $3,000,000 - 12 Months Reserves
    • 55% LTV - $5,000,000 - 12 Months Reserves

    680 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 80% LTV - $2,500,000 - 12 Months Reserves
    • 70% LTV - $3,000,000 - 12 Months Reserves
    • 65% LTV - $5,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 75% LTV - $2,500,000 - 12 Months Reserves
    • 65% LTV - $3,000,000 - 12 Months Reserves
    • 60% LTV - $4,000,000 - 12 Months Reserves
    • 55% LTV - $5,000,000 - 12 Months Reserves

    660 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 80% LTV - $2,500,000 - 12 Months Reserves
    • 70% LTV - $3,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    • 80% LTV - $1,500,000 - 6 Months Reserves
    • 75% LTV - $2,500,000 - 12 Months Reserves
    • 60% LTV - $3,000,000 - 12 Months Reserves

    Bank Statements - 24 Months

    720 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 90% LTV - $1,500,000 - 6 Months Reserves
    • 85% LTV - $2,500,000 - 12 Months Reserves
    • 70% LTV - $3,000,000 - 12 Months Reserves
    • 70% LTV - $5,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 75% LTV - $2,500,000 - 12 Months Reserves
    • 65% LTV - $3,000,000 - 12 Months Reserves
    • 60% LTV - $5,000,000 - 12 Months Reserves
    • 55% LTV - $5,000,000 - 12 Months Reserves

    700 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 90% LTV - $1,500,000 - 6 Months Reserves
    • 80% LTV - $2,500,000 - 12 Months Reserves
    • 70% LTV - $3,000,000 - 12 Months Reserves
    • 65% LTV - $5,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 75% LTV - $2,500,000 - 12 Months Reserves
    • 60% LTV - $3,000,000 - 12 Months Reserves
    • 60% LTV - $3,000,000 - 12 Months Reserves
    • 55% LTV - $5,000,000 - 12 Months Reserves

    680 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 90% LTV - $1,500,000 - 6 Months Reserves
    • 80% LTV - $2,500,000 - 12 Months Reserves
    • 70% LTV - $3,000,000 - 12 Months Reserves
    • 65% LTV - $5,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 75% LTV - $2,500,000 - 12 Months Reserves
    • 65% LTV - $3,000,000 - 12 Months Reserves
    • 60% LTV - $4,000,000 - 12 Months Reserves
    • 55% LTV - $5,000,000 - 12 Months Reserves

    660 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance 

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 80% LTV - $2,500,000 - 12 Months Reserves
    • 70% LTV - $3,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    80% LTV - $1,500,000 - 6 Months Reserves

    75% LTV - $2,500,000 - 12 Months Reserves

    60% LTV - $3,000,000 - 12 Months Reserves

    720 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 95% LTV - $1,500,000 - 6 Months Reserves
    • 85% LTV - $2,500,000 - 12 Months Reserves
    • 80% LTV - $3,000,000 - 12 Months Reserves
    • 70% LTV - $5,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 80% LTV - $2,500,000 - 12 Months Reserves
    • 70% LTV - $3,000,000 - 12 Months Reserves
    • 60% LTV - $3,000,000 - 12 Months Reserves
    • 55% LTV - $3,000,000 - 12 Months Reserve

    700 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 90% LTV - $1,500,000 - 6 Months Reserves
    • 85% LTV - $2,500,000 - 12 Months Reserves
    • 75% LTV - $3,000,000 - 12 Months Reserves
    • 65% LTV - $4,000,000 - 12 Months Reserves
    • 65% LTV - $5,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out:

    • 85% LTV - $1,500,000 - 6 Months Reserve
    • 75% LTV - $2,500,000 - 12 Months Reserves
    • 70% LTV - $3,000,000 - 12 Months Reserves
    • 60% LTV - $4,000,000 - 12 Months Reserves
    • 55% LTV - $5,000,000 - 12 Months Reserves

    680 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 90% LTV - $1,500,000 - 6 Months Reserves
    • 85% LTV - $2,500,000 - 12 Months Reserves
    • 75% LTV - $3,000,000 - 12 Months Reserves
    • 65% LTV - $5,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 75% LTV - $2.500,000 - 12 Months Reserves
    • 65% LTV - $3,000,000 - 12 Months Reserves
    • 60% LTV - $4,000,000 - 12 Months Reserves
    • 55% LTV - $5,000,000 - 12 Months Reserves

    660 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 90% LTV - $1,500,000 - 6 Months Reserves
    • 80% LTV - $2,500,000 - 12 Months Reserves
    • 70% LTV - $3,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    • 80% LTV - $1,500,000 - 6 Months Reserves
    • 75% LTV - $2,500,000 - 12 Months Reserves
    • 65% LTV - $3,000,000 - 12 Months Reserves
    • 60% LTV - $4,000,000 - 12 Months Reserves
    • 55% LTV - $5,000,000 - 12 Months Reserves

    Full Doc - 1-Year Income and Employment History

    720 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 85% LTV - $2,500,000 - 12 Months Reserves
    • 80% LTV - $3,000,000 - 12 Months Reserves
    • 70% LTV - $5,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 70% LTV - $2,500,000 - 12 Months Reserves
    • 70% LTV - $3,000,000 - 12 Months Reserves
    • 60% LTV - $3,000,000 - 12 Months Reserves
    • 55% LTV - $3,000,000 - 12 Months Reserves

    700 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 80% LTV - $2,500,000 - 12 Months Reserves
    • 75% LTV - $3,000,000 - 12 Months Reserves
    • 65% LTV - $5,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 75% LTV - $2,500,000 - 12 Months Reserves
    • 65% LTV - $3,000,000 - 12 Months Reserves
    • 60% LTV - $4,000,000 - 12 Months Reserves
    • 55% LTV - $5,000,000 - 12 Months Reserves

    680 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 80% LTV - $2,500,000 - 12 Months Reserves
    • 70% LTV - $3,000,000 - 12 Months Reserves
    • 65% LTV - $5,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 75% LTV - $2,500,000 - 12 Months Reserves
    • 65% LTV - $3,000,000 - 12 Months Reserves
    • 60% LTV - $4,000,000 - 12 Months Reserves55% LTV - $5,000,000 - 12 Months Reserve

    660 - Credit Score

    Owner-Occupied - Purchase and Rate/Term Refinance

    • 85% LTV - $1,500,000 - 6 Months Reserves
    • 80% LTV - $2,500,000 - 12 Months Reserves
    • 75% LTV - $3,000,000 - 12 Months Reserves

    Owner-Occupied - Cash Out

    • 80% LTV - $1,500,000 - 6 Months Reserves
    • 75% LTV - $2,500,000 - 12 Months Reserves
    • 65% LTV - $3,000,000 - 12 Months Reserves
    • 60% LTV - $4,000,000 - 12 Months Reserves
    • 55% LTV - $5,000,000 - 12 Months Reserves

    Eligible Occupancies:

    Owner-Occupied / Primary Residence

    • Second Homes
    • Investment

    Property Types

    • Non-Warrantable Condos OK
    • Non-Occupant Co-Borrowers OK

    DTI allowed up to 50% - Unlimited Cash-Out

    Available in the Following States:

    Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii, Illinois, Kansas, Louisiana, Maine, Maryland, Massachusetts, Nevada, New Jersey, North Carolina, Oregon, Pennsylvania, Texas, Utah, Virginia, and Washington

  • 6 Month Bank Statement Mortgage Loan

    Alternative Income Documentation for Self-Employed and W2 Commission Business Professionals

    This 6 Month Super Jumbo Bank Statement Non-Qualified Mortgage (Non-QM) loan program is for all residential property types and occupancy types including investment properties.

    6 Months Bank Statements - 660 minimum middle mortgage credit score - Business and/or Personal Bank Statements

    This lender allows for either Personal or Business account statements and can be used with any qualified assets and requires a minimum credit score of 660 and goes to a maximum loan-to-value ratio (LTV) of 90% See details below:

    Eligible Transactions:

    • Purchase

    • Refinance - Rate/Term and Cash Out

    Eligible Occupancies

    • Owner-Occupied/Primary Residence

    • Second Homes

    • Investment Properties - 10 Maximum REO

    Eligible Property Types

    • Single Family Residence (SFR)

    • Condominiums (including non-warrantable condos)

    • Planned Urban Development (PUD's)

    • 2 - 4 Unit

    SFR, Condos, and PUD's and Owner-Occupied/Primary Residence:

    Purchase and Rate/Term Refinance:

      • 85% LTV - $1,000,000

      • 80% LTV - $3,000,00

    • Cash Out Refinance

      • 75% LTV - $1,000,000

      • 70% LTV - $3,000,000

    • Second Home - Purchase and Rate/Term Refinance:

      • 70% LTV - 3,000,000

    • Cash Out Refinance - Second Home

      • 70% LTV - $3,000,000

    2-4 Units:

    Purchase/Rate and Term

      • Owner-Occupied/Second Home
        • 70% LTV - $3,000,000

    Owner Occupied/Second Home - Cash Out Refinance:

    65% LTV - $3,000,000

    SFR, 1-4 Units, Condos & PUD's:

    Purchase and Rate/Term Refinance

      • Investment Property

        • 70% LTV - $3,000,000

    • Cash Out Refinance

      • Investment Property

        • 65% LTV - $3,000,000

    • Purchase/Rate and Term

      • Owner-Occupied/Second Home

        • 70% LTV - $3,000,000

    • Owner Occupied and Second Home

      • 65% LTV - $3,000,000

     

      Mortgage Pre-Qualification Form - Credit Check Not Required   

     

    Available in the Following States:

    Alabama, Arizona, California, Colorado, Florida, Georgia, Hawaii, Illinois, Iowa, Maine, Maryland, Massachusetts, Nevada, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and Washington

  • Bank Statement Mortgage to $10,000,000

    Jumbo and Super Jumbo Bank Statement Mortgage to 10 Million Loan Amount

    Self-Employed Home Loan: "Alternative income Documentation"

    • 12 and 24 Months Bank Statements
    • Asset Depletion Utilization (in conjunction or as a stand-alone source of income)
    • Expense Factor - Underwriter Discretion Per Business Profile Description Summary

    Available Terms:

    • 30 Year Fixed Fully Amortized
    • 40 Year Fixed Fully Amortized
    • Interest-Only - 10 Year Term Available:

    Jumbo Loan Amounts:

    • $10,000,000: 720 Credit Score - LTV - 55%
    • $7,500,000: 700 Credit Score - LTV - 60%
    • $5,000,000: 660 Credit Score - LTV - 65%
    • $3,000,000: 620 Credit Score - LTV - 55%

    Underwriting Notes:

    • Housing Payment History - 0 Late's Previous Two Years
    • Eligible Property Types: Single Family Residence, Condo, Non-Warrantable Condo, 2-4 Unit
    • Eligible Occupancies: Owner-Occupied, Non-Owner-Occupied, Second Home

    Debt to Income Ratios:

    • 43% with $2500 Disposable Income.
    • 50% with $3000 Disposable Income

    Primary Residence - 610 Middle Credit Score

    Investment Property - 630 Middle Credit Score

    ITIN or Foreign National Not Allowed

    15% Gift Funds Allowed on Primary Residence

    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, Mississippi, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, and Washington.

  • Condo Mortgage 90% LTV Jumbo

    Condo Mortgage Program 90% LTV to $2,500,000

    Verbal Verification Of Employment Options Available (VVOE)

    Expanded Guidelines Options for Non-Traditional Condominium Property Types

    Purpose: Purchase, Refinance Cash Out

    • 90% LTV - $2,000,000 - 700 Credit Score
    • 90% LTV - $1,500,000 - 680 Credit Score
    • 90% LTV - $3,000,000 - 700 Credit Score
    • 85% LTV - $2,500,000 - 660 Credit Score
    • 85% LTV - $1,500,000 - 640 Credit Score

    Cash Out Available

    First-Time-Home-Buyer OK - 2 Million Maximum Loan Amount

    40 Year Fixed Rate - Interest-Only Option with 660 Middle Credit Score

    Inherited Properties - OK. Includes Properties Obtained via Divorce/Separation or Dissolved Domestic Partnership. 6 Months Inheritance Seasoning Required for Cash Out "Using Market Value"

    Delayed Financing - OK

    Eligible Property Types & Occupancies: Primary Residence, Second Homes - SFR Only, Non-Owner-Occupied / Investment - SFR Only. Non-Warrantable Condos and Condotels OK

    Foreign National, Permanent Resident Aliens, and Non-Permanent Resident Aliens OK

    Power of Attorney OK for Purchase and Rate and Term Refinance

    Non Occupant Co-Borrower's OK

    Vesing LLC OK

    Gaps in Employment OK Case-by-Case

     

    States: 

     

    Alabama | Alaska | Arizona | Arkansas | California | Colorado | Florida | Georgia | Hawaii | Illinois | Indiana | Iowa | Kansas | Kentucky | Louisiana | Maine | Maryland | Missouri | Nevada | New Hampshire | New Jersey | New Mexico | North Carolina | Oregon | Pennsylvania | South Carolina | Tennessee | Texas | Utah | Vermont | Virginia | Washington

     

  • Non-QM Lender

    Bank Statement Program - 2020

    This Bank Statement mortgage is designed for self-employed borrowers. You benefit from a simplified qualifying method with income based on revenue calculated from business or and (industry specific) personal bank statements

    Features

    Maximum loan amount $15,000,000

    660 FICO Score

    Cash-out to 75% LTV

    Maximum DTI 55% (subject to Disposable Income)

    Owner-occupied, Second Homes and Non-owner-occupied and investment properties.

    Gifts - OK

    • Max Loan Amount $6,000,000
    • Minimum 680 Mortgage Credit Score Required
    • Max 55% DTI (Debt-to-Income) / Interest-only
    • 75% LTV
    • Primary, Second, Investment Homes
    • 1-4 Unit, Planned Urban Development (PUD) and Condos permitted
    • Interest-Only
    • Gifts Permitted

    States:

    Alabama, Arizona, Colorado, California, Delaware, Georgia, Florida, Illinois, Maryland, North Carolina, Oregon, South Carolina, Texas, Virginia, Washington

    Full Doc Income Non-Agency Jumbo Program - 2020

    • Jumbo loan amounts to 5,000,000
    • 640 Credit Score
    • Property Types: Owner-Occupied - Second/Vacation Home - Warrantable and Non-warrantable Condos - Condotels - Investment - including Business Purpose
    • Gift Funds Allowed - 15% LTV (5% minimum borrower contribution)
    • Foreign Nationals - OK
    • Interest-only option available with 680 Credit Score to $5,000,000 loan amount

     

    States: Alabama, Arizona, Colorado, California, Delaware, Georgia, Florida, Illinois, Maryland, North Carolina, South Carolina, Texas, Virginia, Washington

  • Non-QM Lender - Stated Expense Ratio

    Alternative Bank Statement Income Qualified Based on Bank Deposit Analyzation

    Business or Personal account OK Including Co-mingled accounts; Multiple Bank Accounts - OK

    No Tax Returns. Business Tax Returns, Not Required. Personal Tax Returns, Not Required 4506-T Form Not Required

    Numerous Ways to Calculate Bank Statement Income

    Flexible Self-Employed Stated Expense Ratios down to 20%

     Maximum Loan Amount $4,000,000

    • Maximum Cash Out $750,000. Use Cash Out for Reserves
    • Maximum DTI 55%
    • Maximum LTV 90%
    • Minimum Credit Score 600

    Occupancies

    • Primary
    • Owner Occupied
    • Second Home
    • Non-Owner-Occupied
    • Multi-Unit Investment

    Eligible Vesting

    • C and S Corps, LLC's, Partnerships

    Property Types

    • SFR, Townhome, 1-2 Units, 2-4 Units, Condos and Non-Warrantable Condos

    Terms

    5/1 ARM, 7/1 ARM, 10/1 ARM, 30 Year Fixed with Interest Only

    Other Alt Doc, Reduced Doc, and Lite Doc Options Available

    • 1099 Only
    • Investor Cash Flow DSCR
    • Asset Qualifier
    • Asset Distribution

     

    States:

    Alabama | Arizona | California | Colorado | Connecticut | Florida | Georgia | Hawaii | Illinois | Indiana | Kansas | Kentucky | Maine | Maryland | Massachusetts | Michigan | Minnesota | Nevada | North Carolina | Oregon | Pennsylvania | Rhode Island | South Carolina | Tennessee | Texas | Utah | Virginia | Washington

     

  • Investor Purchase Loan Program

    Real Estate Investor Loan: Up to 12 Financed Properties OK

    Borrower can own unlimited properties, but only 10 can have a mortgage lien

    680 Middle Credit Score | 85% Maximum LTV

    No Ratio Income Documentation

    • Leases (or appraisal form 1007)
    • Six months Reserves required for the subject property plus 6 months liquid reserves for every property that is currently being financed. (Cash out can cover reserve requirement)

    Jumbo Loan Amounts

    • $250,000
    • $2,000,000

    Property Types

    • Single Family Residence
    • Non-Warrantable Condo
    • 2 Units
    • PUD

    Occupancy

    • Non Owner-Occupied
    • Second Home

    Underwriter Notes:

    • In order to utilize rental income, tax returns are required. Lease agreements accepted too
    • Bankruptcy or Foreclosure 7 years seasoning required
    • Interested parties Contribution OK for Second Home and Non-Owner Occupied investment property

     

    Available in the Following States:

    Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Maine, Massachusetts, Michigan, Nevada, New Jersey, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, and Washington

  • Hard Money Super Jumbo Florida

    Hard Money Super Jumbo Mortgage program

    Residential Hard Money Program

    Purpose:

    • Purchase, Rate&Term Refinance
    • Cash-Out Refinance
    • Bridge loans
    • Blanket loans
    • Rehab
    • Foreclosure Avoidance OK

    Eligible Occupancies:

    • Non-Owner Only

    Super Jumbo Loan Amount: $3,000,000

    Eligible Property Types:

    • Condo
    • High Rise Condos
    • Non-warrantable Condos
    • 1-4 Units

    Eligible borrowers:

    • Foreign Nationals
    • Foreign corporations
    • Non-resident alien

    Legal Entities:

    • Corporation
    • LLC
    • Trusts

    States:

    Florida only

    Underwriting Notes:

    Purchase seasoning not required for cash-out refinance

     

    States:

    Alabama | Arizona | California | Colorado | Delaware | Florida | Georgia | Hawaii | Illinois | Maine | Maryland | Massachusetts | Nevada | New Hampshire | New Jersey | New Mexico | North Carolina | Oklahoma | Oregon | Pennsylvania | Rhode Island | South Carolina | Tennessee | Texas | Utah | Vermont | Virginia | Washington | Wisconsin

    Ref #155524012115

  • Jumbo Hard Money to 3 Million 80% LTV

    High LTV Hard Money Jumbo Loan

    This hard money residential loan features an extremely high loan-to-value (LTV) ratio of 80%. Most hard money lenders max out at 65%, sometimes 70%. So, 80% is significant and speaks to the aggressive nature of this hard money lender and this hard money loan program and can be applied to a variety of loan types including Fix and Flip, Blanket Loan, Bridge Loan, Construction, and can also can be used as a means to bail a borrower out of any "housing event"; Short Sale, Foreclosure, Bankruptcy, Notice of Default (NOD), Notice of Sale (NOS). Below you can see the unique underwriting guideline highlights specific to this loan program.

    Form 4506-T Not Required

    Maximum LTV: 80%

    Maximum Loan Amount: $12,000,000. Exceptions made to $25,000,000

    • Exceptions Made to $20,000,000

    Purpose

    • Purchase
    • Refinance: Rate/Term and Cash Out
    • Blanket
    • Bridge
    • Fix and Flip

     Occupancy: Non-Owner Occupied Only

    Available Terms

    • 12 Months
    • 18 Months
    • 24 Months
    • Interest-Only

    Eligible Property Types

    • Single Family Residence (SFR) - Detached
    • Single Family Residence (SFR) - Attached
    • 1-4 Units
    • 2-4 Unit
    • Condos and Non-Warrantable Condos
    • Condotels to 65% LTV
    • Townhomes
    • Manufactured Homes
    • Mixed Use Properties

    Unconventional Property Types

    • Dome Homes
    • Modern Style
    • Historical
    • Log Homes

     

    Available in the Following States:

    Arizona, Alabama, California, Colorado, Florida, Georgia, Illinois, Louisiana, Maine, Maryland, Mississippi, Nevada, North Carolina, Oregon, Pennsylvania, South Carolina, Texas, Virginia, and Washington

     

    Reference# - 55214

  • Hard Money 5 Million Owner Occupied

    This hard money lender will do primary residential loans which are somewhat rare.

    Similar to a Business Purpose Mortgage Loan

    Purpose:

    • Purchase
    • Refinance, Rate & Term and Cash out
    • Refinance - Cash Out. $1,500,000 Maximum
    • Construction
    • Bridge Loan
    • Blanket Loan


    Loan Amounts: $125,000 to $5,000,000


    Eligible Property Types:

    • Single Family Residence SFR
    • 1-4 Unit residential and commercial
    • Condos
    • Townhomes
    • Non-Warrantable Condominiums
    • Mixed-use


    Eligible Occupancies:

    • Owner Occupied
    • Non Owner Occupied
    • Non-Occupant Co-Borrower OK


    Eligible Borrowers:

    • Foreign Nationals
    • Foreign Legal Entities
    • Probate OK


    Underwriter Notes:

    No Seasoning Requirements for Foreclosure, Bankruptcy, Short Sale, Notice of Default, Notice of Sale

     

    States:

    Arizona | Alabama | California | Colorado | Florida | Georgia | Illinois | Lousiana | Maine | Maryland | Mississippi | Nevada | North Carolina | Oregon | Pennsylvania | South Carolina | Texas | Virginia | Washington

    Reference# - 44154