FICO 599
90% CLTV
Loan Amount up to $4 Million
Max Cash-on-Hand $1 Million, no limit for CLTV < 55%
30 & 40 Year Fixed, 5/6 & 7/6 ARM
DTI up to 55%
1Y & 2Y Full Doc, 12/24 Bank Statement
1Y & 2Y CPA P&L, Asset Utilization, WVOE, 1099
3 Months Reserves
Gift Funds for Reserves allowed
24 Months out of Credit Event
3 active tradelines x 12 months or 2 active tradelines x 24 months
Condos up to 85% CLTV, NY up to 85% CLTV
Condotels allowed
No 30-day late payments in last 12 months or 90-day late payments in last 24 months
Temporary rate buydowns available
