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Super Jumbo Bank Statement Program

Income Documentation Self-Employed Alternative + 55% DTI

24 Months Business or Personal Bank Statement Program

** $3,000,000 Loan Amount – 55% Debt-to-Income Ratio “DTI” **
** $2,500,000 Loan Amount – 50% Debt-to-Income Ratio “DTI” **
** $2,000,000 Loan Amount – 43% Debt-to-Income Ratio “DTI” **

Loan Amounts, Credit Scores and Loan to Value Highlights:

** 80% LTV to 1 million 580 Credit Score
** 70% LTV to 1 million 500 Credit Score

Eligible Employment Types:

** Self Employed, 1099 Independent Contractors – see a list of 1099 Only Loan Programs
** W-2 Wage Earner Co-Borrower OK for Bank Statement loan/ Asset Depletion – 4506-C Required

Mortgage Score/ Credit Notes:

** 2-Year Seasoning Required from Bankruptcy Discharge Date – 80% LTV Max for Purchase | 75% LTV Cash Out
** 2 Years Seasoning Required for Short Sales and Foreclosure – 80% LTV Max for Purchase | 75% LTV Cash Out
** 1-Year Seasoning Required from Bankruptcy Discharge Date – 75% LTV Max for Purchase | 75% LTV Cash Out
** 2 Years Seasoning Required for Short Sales and Foreclosures – 70% LTV Max for Purchase | 75% LTV Cash Out

Eligible Property Types:

** SFR Single Family Residence (attached and detached)
** Condominiums >4 Stories – 80% Max LTV
** Condominiums >4 Stories – 75% Max LTV
** 1-4 Units

Eligible Occupancies:

** Owner-Occupied
** Second/ Vacation Home – 75% maximum LTV

Available in the Following States:

Alabama, Arizona, California, Colorado, District of Columbia, Florida, Georgia, Indiana, Iowa, Kentucky, Maryland, Michigan, Minnesota, North Carolina, Ohio, Oregon, South Carolina, Tennessee, Texas, Virginia, and Wisconsin.

Reference # – 125 527030515 NP

Alternative Income Documentation

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Non-Qualified Lending

Non-Qualified Lenders

Unconventional Lenders