Unconventional Mortgages and Loans | A Wealth of Information and Service
Speak to a Live Loan Officer: (800) 718-8906
Speak to a Live Loan Officer: (800) 718-8906
A portfolio mortgage lender offers customizable financing solutions that set it apart from conventional lenders. With in-house underwriting processes, loan approvals rarely necessitate investor signatures.
Manual underwriting allows the lender to look at each borrower as an individual, into a reasonable mortgage. Because these lenders will service the loan often for the life of the loan, they make their own rules and in the world of mortgage lending, that means their own underwriter guidelines. Fast closings 7-10 days.
Underwriting Guideline exceptions and requirements are based on credit scores, Debt to Income ratio, equity position/loan to value ratio, occupancy, property type, and various variables and loan characteristics such as “credit event” seasoning.
Property Acquisition for Self-Employed and Agency Fall-out
Interest Rate Reduction
Term Reduction
Credit Card Debt Consolidation
Disposable Income Increase
Fixed Rate or Term
Extension Rate and Term Refinance
Cash Out Refinance for Business Expansion
1099 Only (one year and two history verification)
Asset Depletion loans (all qualifying as a stand-alone income or to supplement)
One to Six Month Bank Statement Programs (1 month through 6 months)
P&L Only
Borrower Prepared P&L
CPA or equivalent
Accountant/Tax Professional
Reduced Doc – 1 Year Employment
Lite Doc – 1 Year Tax Return or W-2
$300,000 to $30,000,00
Cash Out Limit – $16,500,000
1 Year VVOE Verbal Verification of
Employment for W-2 Wage Earners
1 Year Tax Return Calculation Allowed for Self-Employed Borrowers – 75% LTV
LTV’s up to 85% and CLTV Allowed
LLC Closings Allowed Including Cash-Out.
No Cash Out Limits. Unlimited Cash-Out/Cash in Hand up to $4,000,000 Max Loan Amount and No Title Seasoning Requirements
Non-Occupant Co-Borrower Allowed on Rate/Term Refinance
Cash out refi, second homes, and purchases with true blended ratios
Cash out can be counted towards reserves or added to the asset depletion calculator
Cross Collateral and Bridge Financing
Departing Residence Solutions – Exclude
Departing Residence Housing Expense to DTI Qualify
Pledged Asset Lending
Business funds allowed for down payment and reserves
Gift funds allowed for down payment and reserves, even on investment properties
Investor-friendly underwriting (abbreviated schedule e calculations for 5 + properties)
Boarder and VRBO / Airbnb income allowed
Combine all of our programs
Vesting in entities, many different trust situations, privacy mortgages Combine all of our programs