A solution for borrowers using limited documentation, such as borrower-prepared Profit & Loss Statement or WVOE, rather than from traditional income documentation. This program is designed for borrowers who are sound credit risks based on a common-sense approach to underwriting.
Offering loan amounts up to $3.5 million for borrowers that just miss qualifying for a conforming mortgage. Borrowers provide full documentation with choice of 5/1 and 7/1 Adjustable Rate Mortgage options. Purchase or Refinance options available.
Allows for reduced documentation on loan amounts up to $3.5 million. Great option for borrowers who are Self-Employed. Borrowers can choose to use Bank Statements and in some cases 1099 IRS tax forms. Purchase or Refinance, 5/1 and 7/1 Adjustable Rate Mortgage options.
Provides financing for the Purchase of Residential Investment Properties (1-4 units) using the income derived from rents to qualify. Debt-Service Coverage Ratios (DSCR) used in calculating qualifying income. Loan amounts up to $750,000 with 5/1and 7/1 Adjustable Rate Mortgage options. Refinance options with no cash out available.
Offering standard, conventional home loans under Fannie Mae and Freddie Mac guidelines. Fixed Rate and Adjustable Rate options available.
Financing options for those borrowers that have had a recent credit event. Maybe you’ve had a life event and been late on your mortgage. Maybe your credit score has gotten hit. We work with borrowers to find a solution to these issues. These are not Hard Money loans.
Business purpose loans made with same day underwriting and funding within 5 to 7 business days. Loan amounts from $100,000 to $5 million. Loan to Value ratios up to 60%.