Super Jumbo Loan Amounts to $30,000,000
Non-Prime/ Manual Underwrite Super Jumbo
Common Sense Manual Underwriting and in-house decisions. Final decision with second signature requirement.
Bank Statement Income Documentation
* Bank Statements – 12 Months and 24 months
* Borrower-Prepared Profit and Loss
Property Types:
* Single Family Residence
* 2 Units
* 1-4 units
Highlights:
* Interest Only Available Including Cash Out Refinance
* Unlimited Cash Out
* Bridge Financing Available
* Reverse 1031 Available
* Cross Collateralization to Leverage Borrowers Investment Properties – 80% LTV
* DTI > 50%+ OK
* Gift Funds OK
* Cash Out Qualifies for Cash Reserves
* Departing Residence – New Rents Allowed
* First Time Investors OK – No Landlord Experience Required
* Vesting In Business Entities OK
* 6 Months Reserves with No Additional Reserves Required for Additional Real Estate Owned
Loan Scenario Form – Credit Check Not Required
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, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, and Wisconsin