HIGHLIGHTS
- Loan amounts up to $3 million
- Asset seasoning: 1 month
- LTV up to 85% for purchase/rate & term
- LTV up to 80% for cash-out
- DTI up to 50%**
- Available for primary residence, second home, and investment properties
- Interest-only options up to 80% LTV for non-owner-occupied properties (NOO); Cash-out interest only up to 75% LTV
- FICO scores as low as 660
FLEXIBLE QUALIFICATION METHODS
- 1099 Only
- W-2 Only
- 1-Year tax return
- 12-month bank statement
- Asset qualifier
- Asset depletion
- P&L only
- Written VOE only
- Full Doc option
*Based on reserves, payment history and credit depth. **Restrictions apply to DTI over 43%. Eligibility requirements, exclusions and other terms and conditions apply