Program
A - Stated Income/Stated Assets
$100,000-$1,000,000
Up to 85% LTV (90% CLTV)
1, 2, 5, 15, 20, 25 & 30 yr Fixed
Fully amortized
for 15 to 30 yrs (no balloons)
No DSCR requirement
No seasoning required
Most property types
Fast closings
650+ credit score |
Program
G - Stated Program for Owner / Occupied
No Tax Returns or Financial Statements Required
$100,000 - $2,000,000
LTVs up to 90%
2, 5, 10, & 30 yr Fixed
Debt service requirement 1.20–1.30
Minimum owner occupancy of >25%.
Fico Requirements start at 660
Program G - Stated Express Program for Owner
/ Occupied
$100,000- $1,000,000
No Tax Returns or Financial Statements Required
LTVs up to 90%
2, 5, 10, & 30 yr Fixed
Property DSCR is NOT calculated or required.
Fico Requirements start at 660
Program G - Investment Low Doc
$100,000- $3,000,000
Up to 90% CLTV
No Tax returns or financial statements required
DSCR of property 1.10 for Multiand 1.20 on Comm |
|
|
Program
A
$100,000-$1,500,000
Up to 97% LTV
2, 3, 7 & 30 yr Fixed
Fully amortized for 15, 20 & 30 yrs (no balloons)
Discretionary
income may be used to meet DSCR requirements
Debt
service requirement 1.20 580+ credit score |
Program D
$500,000-$10,000,000
Multifamily up to 80% LTV
Commercial up to 75% LTV
3 yr Interest only option 30 yr amortization
3, 5, 7, 10 & 15 yr Fixed
Lower than Bank rates Debt Service Coverage Ratio
Multifamily 1.20/Commercial 1.25 660+ credit score |
Program G - Full Doc O/O
Properties
$100,000- $5,000,000
Up to 90% CLTV Purchase, 80% R/T & 75% LTV Cash out
2, 5, 10, & 30 yr Fixed
Combined Personal and Business Debt service requirement 1:1 without third party
tenant income
600 credit score (no score under 600 accepted)
Program G - Full Doc Investment Properties
$100,000- $5,000,000
Up to 90% CLTV
2, 5, 10, & 30 yr Fixed
640 Fico
|
Program B
- Full Doc
$500,000 - $10,0000
LTV up to 80%
3,5,7,10 yr Fixed
40 Year Amortization Available
Interest Only Option Available
No Lock-outs |
|
