Non-Prime Mortgage Lender Programs and Highlights

Non-Prime - Full Doc: (form 4506-t - required) 580 Middle Credit Score (model 2, 4 or 5) - 90% LTV up to $1,000,000 Maximum Loan Amount | One Day After Foreclosure Finalization Date

 

Loan Scenario Non-Prime Pre Qualification Form - No Credit Check

 

Non-Prime Lite Doc Programs

  • 1 Year Documentation History or Less | Form 4506-T - Not Required

    • 2 Months Bank Statements: 620 Middle Credit Score (model 2, 4 or 5) - 90% LTV up to $3,000,000 Maximum Loan Amount
    • One Year Tax Return: 620 Middle Credit Score (model 2, 4 or 5) - 90% LTV up to $3,000,000 Maximum Loan Amount
    • WVOE (written verification of employment): 640 Middle Credit Score (model 2, 4 or 5) - 85% LTV up to $4,000,000 Maximum Loan Amount

 

Loan Scenario Lite Doc Pre Qualification Form - No Credit Check

 

Non-Prime Alternative Doc Programs

  • 2 Year Documentation History | Form 4506-T - Not Required

    • 24 Months Bank Statements: 600 Midle Credit Score (model 2, 4 or 5) - 90% LTV to $3,500,000 Maximum Loan Amount

 

Loan Scenario Alt Doc Pre Qualification Form - No Credit Check

 

Non-Prime No Doc Programs

  • Investment Property Programs

    • DSCR (debt service coverage ratio): 620 Middle Credit Score (model 2, 4 or 5) - 85%% LTV (rate and term) and 80% LTV (cash out refinance) up to $5,000,000 Maximum Loan Amount
    • Foreighn National Investors: Any Credit Score/Credit Score Not Required - 80% LTV to $2,500,000 Maximum Loan Amount | Tax Returns Not Required

 

Loan Scenario No Doc Pre Qualification Form - No Credit Check

 

Non-Prime No Doc (No Ratio) Programs

  • No Income Documentation

    • Purchase or Refinance with Cash Out: 740 Midle Credit Score (model 2, 4 or 5) - 70% LTV to $2,500,000 Maximum Loan Amount | Owner Occupied/ Primary Residence
    • Foreign National: 600 Midle Credit Score (model 2, 4 or 5) - 90% LTV to $3,500,000 Maximum Loan Amount | No Tax Returns Not Required | Form No 4506-T Not Required

 

Loan Scenario No Ratio Pre Qualification Form - No Credit Check

 

Alabama - Alaska - Arizona - Arkansas - California - Colorado - Connecticut - Delaware - Florida - Georgia - Hawaii - Idaho - Illinois - Indiana - Iowa - Kansas - Kentucky - Louisiana - Maine - Maryland - Massachusetts - Michigan - Minnesota - Mississippi - Missouri - Montana - Nebraska - Nevada - New Hampshire - New Jersey - New Mexico - New York - North Carolina - North Dakota - Ohio - Oklahoma - Oregon - Pennsylvania - Rhode Island - South Carolina - South Dakota - Tennessee - Texas - Utah - Vermont - Virginia - Washington - West Virginia - Wisconsin - Wyoming

 

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