Programs

Second Mortgage

FICO 680+ Max CLTV 85%

• Credit scores down to 660
• Owner-occupied or second home or investment
• Max CLTV 85%
• Maximum 50% DTI

DSCR

FICO 620 Up to 80% DSCR as low as 0

• FICO 620
• Up to 80% CLTV
• Loan amounts up to $3 million
• Max cash-on-hand $1 million, no limit for CLTV <55%

12/24 Months Bank Statements

Up to 90% CLTV No Score or FICO 599

• No Score or FICO 599
• Up to 90% CLTV
• Loan amounts up to $4 million
• Max cash-on-hand $1 million, no limit for CLTV < 55%

1Y + 2Y P&L ONLY

Up to 85% CLTV on 2Y Up to 80% CLTV on 1Y No Score or FICO 599

• No Score or FICO 599
• Up to 85% CLTV on 2Y and up to 80% CLTV on 1Y
• Max DTI 55%
• Loan amounts up to $4 million

Super Prime

90% CLTV FICO 599

• FICO 599
• 90% CLTV
• Loan Amount up to $4 Million​
• Max Cash-on-Hand $1 Million, no limit for CLTV < 55%​

Prime

80% HCLTV​ No Score or FICO 599

• No Score or FICO 599
• 80% HCLTV​
• Loan Amount up to $1.5 Million​
• 30 & 40 Year Fixed, 5/6 and 7/6 ARMs, and Interest Only

Full Doc Non-QM

90% CLTV No Score or FICO 599

• No Score or FICO 599
• 90% CLTV
• Loan amounts up to $4 million
• Max cash-on-hand $1 million, no limit for LTV < 55%

1099

Up to 85% CLTV for 1099 No Score or FICO 599

• No Score or FICO 599
• Up to 85% CLTV for 1099
• Loan amounts up to $4 million
• DTI 55% Max

WVOE

Up to 80% CLTV for WVOE No Score or FICO 599

• No Score or FICO 599
• Up to 80% LTV for WVOE
• Up to 85% LTV for 1099
• Loan amounts up to $4 million

Bridge Loan Program

70% CLTV FICO 580

• FICO 580
• 70% CLTV
• Interest Only
• No Income on 1003

Asset Utilization

Up to 80% CLTV FICO 599

• FICO 599
• Up to 80% CLTV
• Cash Out up to 80% LTV
• Savings and checking 100%

Foreign Nationals

Up to 75% CLTV No score or FICO 660

• No score or FICO 660
• Up to 75% CLTV
• Loan amounts up to $2 million
• Cash-out allowed

Non-Permanent Resident

Non Permanent Resident FICO 660

• FICO 599
• Up to 90% CLTV
• Bank statements allowed

Freddie Mac Refi Possible℠

Up to 97% LTV FICO 620

• 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 680
• Up to 80.00% HCLTV
• 15-Year & 30-Year fixed up to $2.5 million
• Cash out up to 75% HCLTV

FHA High Balance

Minimum 620 FICO

• Loan amounts up to $1,089,300 depending on home location
• Available on primary residences
• Condo financing available

FHA Streamline Refinance

No minimum FICO

• 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%

• Financing up to 96.5%
• DTI up to 55%
• Up to 6% of closing costs can be contributed by the seller

Conventional High Balance

Loans up to $970,800

• 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