Our Products

Income Doc Type: Full Doc, Bank Statements, 1099, CPA Gross Receipts, P&L, Asset Depletion, Asset Utilization, and Short Term Rental Income

Max Loan Amounts: $2M

Max LTV on Purchase/Rate & Term: 85%

Max LTV on Cash-Out: 80%

Max DTI: 50%

Minimum Credit Score: 620

Max Cash-Out: $2M

Occupancy Type: Primary, Secondary, and Investment Properties

Reserves: Cash-Out may be used as Reserves

Housing History: 1x30x12

Loan Terms: 30 & 40-Year Fixed Rate and 30 & 40-Year Interest Only

Delivery Method: Available on Delegated and Non-Delegated Basis

Income Doc Type: Full Doc, Bank Statements, and Asset Depletion

Loan Amounts: $3.5M – $5M

Max LTV on Purchase/Rate & Term: 70%

Max LTV on Cash-Out: 60%

Max DTI: 45%

Minimum Credit Score: 720

Max Cash-Out: $2.5M

Occupancy Type: Primary, Secondary, and Investment Properties

Housing History: 0x30x24

Loan Terms: 30 & 40-Year Fixed Rate and 30 & 40-Year Interest Only

Delivery Method: Available on a Non-Delegated Basis only

Qualify Based on: Subject Property Debt Service Coverage Ratio

Min. DSCR: 0.80

Rental Type: Short & Long Term Rentals

Units: 1-4

Loan Amounts: $2.5M

LTV on Purchase/Rate & Term: 80%

LTV on Cash-Out: 75%

Credit Score: 640

Cash-Out: $1M on DSCR ≥1.00

Prepayment Penalties:

• Fixed 5% of the amount prepaid
• 6 months interest on 80% of the UPB
• Step Down prepays not exceeding 5% and that do not drop below 3% during ppp

Loan Terms: 15, 30, & 40-Year fixed rate and 30 & 40-Year IO

Loan Purpose: Investment Properties only

Delivery Method: Available on Delegated and Non-Delegated Basis

Income Doc Type: Full Doc Solution

Min. Loan Amount: $50,000

Max Loan Amount: $500,000

LTV:

• Up to 85% on Owner Occupied Properties
• Up to 75% on Investment Properties

Credit Scores:

• 660 on Owner Occupied Properties
• 700 on Investment Properties

DTI: 50%

QM Points & Fees: Up to 5%

Cash-Out: Up to $500,000

Occupancy Type: Primary, Secondary, and Investment Properties

Loan Terms: 10, 15, 20 & 30-Year fixed

State Restrictions: MA, MS, NY & SD

Delivery Method: Delegated delivery only, available to Non-Delegated Sellers