Product Specialty:Full Docs, Stated Income, Bank Statement and Non QM programs
Non-QM Loans Designed For Loan Originators
DU/DO Full Doc
Salaried and/or Self-Employed $3,000,000 Max Loan Amount 95% Max LTV 600 Min FICO 45% Max DTI DU/DO for Income & Assets Interest Only ARMs & Fixed Standard Tradelines Required
2 Year Full Doc
Salaried and/or Self-Employed $5,000,000 Max Loan Amount 95% Max LTV 500 Min FICO 55% Max DTI 2 Months Min Reserves Interest Only ARMs & Fixed Limited/No Tradelines - Max 75%
1 Year Full Doc
Salaried and/or Self-Employed $5,000,000 Max Loan Amount 85% Max LTV 620 Min FICO 50% Max DTI 2 Months Min Reserves Interest Only ARMs & Fixed Limited/No Tradelines - Max 75%
2 Mo. Bank Statements
Self-Employed (+ wage earner) $5,000,000 Max Loan Amount 90% Max LTV 580 Min FICO 50% Max DTI 4 Months Min Reserves Interest Only ARMs & Fixed Standard Tradelines Required
12 Mo. Bank Statements
Self-Employed (+ wage earner) $5,000,000 Max Loan Amount 90% Max LTV 620 Min FICO 50% Max DTI 4 Months Min Reserves Interest Only ARMs & Fixed Standard Tradelines Required
24 Mo. Bank Statements
Self-Employed (+ wage earner) $5,000,000 Max Loan Amount 90% Max LTV 580 Min FICO 50% Max DTI 4 Months Min Reserves Interest Only ARMs & Fixed Limited/No Tradelines - Max 75%
Asset Depletion + Other
Qualifying Assets/180 = Mo. Inc. $1,500,000 Max Loan Amount 75% Max LTV 680 Min FICO 50% Max DTI 4 Months Min Reserves Interest Only ARMs & Fixed Standard Tradelines Required
VOE Only
Salaried Only $5,000,000 Max Loan Amount 80% Max LTV 620 Min FICO 50% Max DTI 4 Months Min Reserves Interest Only ARMs & Fixed Standard Tradelines Required
"The Catch-All"
ITIN, P&L Only, 12 Mo. Bk Stmt... $6,000,000 Max Loan Amount 85% Max LTV (80% CA & IL) 580 Min Trans Union Only FICO 55% Max DTI No Min Reserves 30 Year Fixed Only Standard Tradelines Required
Investor DSCR
No Stated Inc./Stated Empl. $5,000,000 Max Loan Amount 80% Max LTV 620 Min FICO Rent > PITIA or ITIA (1.0+ dscr) No Reserves (6 mo if > $1.5M) Interest Only ARMs & Fixed Standard Tradelines Required
Investor No Ratio
No Stated Inc./Stated Empl. $5,000,000 Max Loan Amount 75% Max LTV 640 Min FICO OK if Rent < PITIA or ITIA) No Reserves (6 mo if > $1.5M) Interest Only ARMs & Fixed Standard Tradelines Required
Foreign National No Ratio
No Stated Inc./Stated Empl. $5,000,000 Max Loan Amount 75% Max LTV 620 Min FICO or No FICO OK if Rent < PITIA or ITIA) 12 Months Min Reserves Interest Only ARMs & Fixed Limited/No Tradelines - Allowed
Foreign National Full Doc
Salaried and/or Self-Employed $5,000,000 Max Loan Amount 75% Max LTV 620 Min FICO or No Credit 50% Max DTI 12 Months Min Reserves Interest Only ARMs & Fixed Limited/No Tradelines - Allowed
Investor Bridge
No Stated Inc./No Stated Empl. $5,000,000 Max Loan Amount 80% Max LTV 600 Min FICO No DTI Calc 3 Months Min Reserves 12, 18 or 24 Month Interest Only Standard Tradelines Required
Investor Fix & Flip
No Stated Inc./No Stated Empl. $5,000,000 Max Loan Amount 85% Max LTC (Loan-to-Cost) 600 Min FICO No DTI Calc 3 Months Min Reserves 12, 18 or 24 Month Interest Only Standard Tradelines Required
