New Super Prime Plus Program
- The bank statements will allow for 12 or 24-month documentation and will require either a Profit & Loss or Annual earnings statement with the documentation
- Max Loan sizes for Super Prime Plus Programs have increased to $2,500,000!!
- Minimum FICO for the Super Prime Plus – Full Doc Program is 661 and for the Super Prime Plus – Bank Statement Program is 700
- The Loan type 5/1 ARM and 30 Yr Fixed
- The loan can be fully amortizing or incorporate an interest-only feature for 10 years, fully amortizing the remaining 20 years
- The applicable states will not include Indiana for all transactions or Massachusetts or New York for investor only products as allowed in our other loan programs
- Exceptions will be more limited in the Super Prime Plus Programs
Call to see if you Qualify 866-292-5666
Non Owner Investor Cash Flow
- Stated, self-employed and wage earners
- Max 75% LTV
- Non Owner property only
- Purchase, R/T, Cash out (max.$500k)
- 660 Min. Fico
- BK, Short Sale, Foreclosure or Loan Mod – Min. 2 years seasoning
- Assets – Sourced & seasoned at least 60 days (no gift)
- 2 year prepay
Call to see if you Qualify 866-292-5666
Prime Plus
- Bank Statements: 24 months required – Personal or Business, ask for details.
- Full doc or (Bank Statements – No P&L’s, No CPA LTR)
- 660 ( Co-Borrower 640 )
- 80% LTV
- 50% DTI
- 90% LTV (PURCHASE ONLY – 720 Fico – 660,000 MAX)
- 12 Months Business Bank Statements (PURCHASE ONLY – 720 Fico)
- Loan Amounts $1.5 Million
- Purchase, Rate/Term Refi, Cash Out Refi
- Owner Occupied, Non Owner Occupied and Second homes
- Min. Loan Amount $250,000
Call to see if you Qualify 866-292-5666
Just Missed Agency
- Full doc – Most recent paystub and one of the following: 1 year VOE or 1 year W2 or 2 years 1040’s
- 24 month Bank Statements * reduce LTV by 5%
- 85% LTV No MI
- Owner Occupied / Non Owner Occupied
- 620 (Co-Borrower 580)
- Loan Amounts $100K – $1MM
- Housing Event Seasoning – 2 years BK, Short Sale and Loan Mod, 3 years for foreclosure
- 50% DTI
- Purchase, Rate & Term, Cash Out
Call to see if you Qualify 866-292-5666
Recent Housing Event
- No Seasoning on Foreclosure, Short Sale or Loan Mod (*BK 2 YEARS)
- 580 – up to 80% LTV, no seasoning.
- Full doc – Most recent paystub + 1 year VOE or 1 year W2 or 2 years 1040’s
- 80% LTV
- 43% DTI
- Purchase, Rate/Term Refi, Cash Out Refi
- Owner Occupied
Call to see if you Qualify 866-292-5666
Non QM
- Full doc – Most recent paystub and one of the following: 1 year VOE or 1 year W2 or 2 years 1040’s
- 500 ( Co-Borrower 500)
- 80% LTV
- 50%DTI
- Owner Occupied & Non Owner
- Purchase, Rate/Term Refi & Cash out Refi
- Housing Event Seasoning – 1 year reduce LTV by 5% , 2 years no LTV reduction
- Loan Amounts $750k
- 1×30 /12, 2×30/24, 0x60x12 and 0x90x12 <70%
Call to see if you Qualify 866-292-5666