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Bridge Loan Program

Not every creditworthy borrower can sail through the approval process for a qualified mortgage. At A&D Mortgage, we offer Non-QM Bridge loans to people who are self-employed or salaried with irregular income, and who will reside in the home they want to buy.

In addition to helping home buyers, A&D also offers Non-QM Bridge loans to investors. Bridge loans are available for 1-4 unit properties (including second homes), condo hotels, offices, multi-family, and properties under development.

Program highlights:

  • FICO 580
  • 70% LTV
  • Interest Only
  • No Income on 1003
  • Foreign National allowed
  • No prepayment penalty
  • Fast closing
  • No asset seasoning
  • Eligible for Non-Permanent Residents

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Other Programs

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WVOE / 1099

- FICO 580
- Up to 80% LTV for WVOE
- Up to 90% LTV for 1099
- Loan amounts up to $4 million
- DTI 55% Max
- Cash out available
- Completed FNMA Form 1005 for 2-year history with the same employer

1Y + 2Y P&L ONLY

- FICO 580
- Up to 85% LTV
- Max DTI 55%
- Loan amounts up to $4 million
- Max cash in hand $1 million, no limit LTV < 55%
- P&L by Licensed CPA, Enrolled Tax Agent, or Licensed Tax Preparer
- No bank statement required
- Super Prime & Prime programs

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
- Up to 97% LTV
- Income at or below 80% of the area median income (AMI)
- Maximum DTI 65%
- Borrower will receive $500 credit at closing if they have an existing appraisal
- Roll up to $5,000 in closing costs for those with limited cash to close. Cash-out limited to $250
- Reduced documentation requirements

Fannie Mae Refi Now

- 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
- Up to 97% LTV
- Income at or below 80% of the area median income (AMI)
- Maximum DTI 65%
- Borrower will receive $500 credit at closing if they have an existing appraisal
- Roll up to $5000 in closing costs for those with limited cash to close. Cash-out limited to $250
- Reduced documentation requirements