Looking for flexible financing that goes beyond conventional loan requirements? This Non-Prime Loan Program is designed for borrowers who need tailored solutions—whether due to unique income documentation, past credit events, or higher loan amounts. Manual Underwrite available.
Non-Prime Program Highlights
* Loan Minimum Credit Score 580
* Loan Amounts: $100,000 up to $4,000,000
* Property Types: SFR, condos, condotels, 2–4 units, townhomes, manufactured homes
* Occupancy Types: Primary Residence, Second Home
* Borrower Types: U.S. Citizens, Permanent & Non-Permanent Residents, ITIN borrowers
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Credit & FICO Guidelines
* FICO starting at 580 for most scenarios
* Higher loan amounts and cash-out options require higher FICO and lower LTV
* DTI up to 55% (based on credit score)
* Tradeline flexibility for borrowers with limited credit history
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LTV / CLTV Breakdown (Primary Residence)
* Up to 90% LTV for FICO > 700 and loans ≤ $2,000,000
* Max CLTV of 85% with standard reserves
* Lower LTVs for larger loan amounts and lower FICO scores
* Flexible cash-out options up to $2,500,000 depending on LTV
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Income Documentation Options
* Full Doc
* Bank Statements (12 or 24 months)
* 1099-Only (Self-Employed)
* Profit & Loss Statement (P&L)
* WVOE Written Verification
* Asset Depletion
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Other Program Features
* Interest-Only available: Minimum loan amount $200,000 Max $4,000,000
* Escrow waivers allowed up to $2,000,000
* 40-year fixed rate available
* Credit event seasoning: Bankruptcy, foreclosure, short sale accepted after 12–36 months (CLTV-based)
* First-time buyers accepted with limitations
* Gift Funds Allowed
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Questions? Speak to a Loan Officer (800) 718-8906.
Mortgage Pre-Qualification Form – No Credit Check
Ineligible States: AK, IA, MA, MS, NY, ND, RI, SD, WV, U.S. Territories