Programs
A&D Mortgage offers a wide range of lending solutions. Below are a few of our most popular offerings:
Super Prime
- FICO 599
- 85% CLTV
- Loan Amount up to $3 Million
- Max Cash-on-Hand $1 Million, no limit for CLTV < 55%
Prime
- No Score or FICO 580
- 80% HCLTV
- Loan Amount up to $1.5 Million
- 30 & 40 Year Fixed
Full Doc Non-QM
- No Score or FICO 580
- 85% CLTV
- Loan amounts up to $3 million
- Max cash-on-hand $1 million, no limit for LTV < 55%
DSCR
- FICO 620
- Up to 80% CLTV if DSCR > 1.00
- Up to 75% CLTV if DSCR is 0.75-1.00
- Up to 70% CLTV if DSCR <0.75
12/24 Months Bank Statements
- No Score or FICO 580
- Up to 85% CLTV
- Loan amounts up to $3 million
- Max cash-on-hand $1 million, no limit for CLTV < 55%
1Y + 2Y P&L ONLY
- No Score or FICO 580
- Up to 85% CLTV on 2Y and up to 80% CLTV on 1Y
- Max DTI 55%
- Loan amounts up to $3 million
1099
- No Score or FICO 580
- Up to 90% CLTV for 1099
- Loan amounts up to $3 million
- DTI 55% Max
WVOE
- No Score or FICO 580
- Up to 85% LTV for WVOE
- Up to 85% LTV for 1099
- Loan amounts up to $3 million
Asset Utilization
- FICO 600
- Up to 80% CLTV
- Cash Out up to 75% LTV
- Savings and checking 100%
Foreign Nationals
- No score or FICO 620
- Up to 70% CLTV
- Loan amounts up to $2 million
- Cash-out allowed
Freddie Mac Refi Possible℠
- Designed for lower-income families
- Limited to owner-occupied, 1-unit primary residence financed through Fannie Mae or Freddie Mac
- Lowers interest rate by 0.5% and monthly payment by at least $50
- FICO 620
Fannie Mae RefiNow™
- Designed for lower-income families
- Limited to owner-occupied, 1-unit primary residence financed through Fannie Mae or Freddie Mac
- Lowers interest rate by 0.5% and monthly payment by at least $50
- FICO 620
Prime Jumbo
- FICO 660
- Up to 80.00% HCLTV
- 15-Year & 30-Year fixed up to $3 million
- Cash out up to 80% HCLTV
FHA High Balance
- Loan amounts up to $765,000 depending on home location
- Available on primary residence and second/vacation homes
- Condo financing available
FHA Streamline Refinance
- No appraisal and no income documentation are required
- You must have made at least six payments on your FHA mortgage
- To qualify, you’re required to be current on your monthly loan payments
FHA
- Financing up to 96.5%
- DTI up to 55%
- No appraisal is needed to apply for the streamline refinance FHA program
- Up to 6% of closing costs can be contributed by the seller
Conventional High Balance
- Loan amounts up to $1,089,300 in high-cost areas for a single unit
- Eligible for primary and secondary homes
- More competitive rates and easier guidelines
- Faster turn times
Freddie Mac Home Possible®
- Fixed-rate financing for easier budgeting
- Homebuyer education is required for first-time buyers
- Up to 97% LTV
- FICO 620
Fannie Mae HomeReady®
- Down payments as low as 3%
- FICO 620
- Low income
- First-time or repeat home buyers
Conventional
- Loan amounts up to $726,200
- A conventional loan can be used to finance a property in a high-cost area
- 15-, 20-, 25- & 30-year fixed rate
- Down payments as low as 3% depending on loan amount
Turnaround Times
1
Disclosure
24 hours
2
Conditions
24 hours
3
Underwriting
24 hours
4
Closing
24 hours
Easy start
Just 4 simple steps to get this loan program
1
Choose a program
Start now
Start now
2
Fill form and send the application
3
We will
reach you back
reach you back
4
Submit a Loan
Why A&D Mortgage?
- Fastest turnaround times in the industry
- Proprietary Non-QM programs allow us to make every decision about a loan’s viability
- Competitive compensation for brokers
- State-of-the-art technology
- The most competitive rates for clients
Features
- Easy appraisal ordering
- Intuitive origination portal
- Web-based marketing design suite
- Price loans anywhere, any time, on any device
The diversity of our program portfolio:
- — No income DSCR loans
- — The ability to work with Foreign Nationals and Non-Permanent Residents
- — No W2s or Tax Return: Alternative income documentation programs allow Bank Statements, P&Ls, WVOEs, and 1099s to prove the borrower’s ability to repay.