Platinum (Full Doc or Bank Statements)
- Up to 90% LTV with no MI
- Credit scores starting at 660
- Loans up to $3 million
- 4 years seasoning for foreclosure, short sale,
bankruptcy, or deed-in-lieu
- Owner-occupied and second homes
- Interest-only available
- Cash-out available - $500,000 maximum
- Full doc and bank statements available
- 1 year tax return program available
Portfolio Select (Full Doc or Bank Statements)
- Up to 90% LTV with no MI
- Credit scores down to 600
- Loans up to $3 million
- Owner-occupied, 2nd homes, and investment properties
- 100% gift refunds allowed
- 2 years seasoning for foreclosure, short sale,
bankruptcy, or deed-in-lieu
- Full doc and bank statements available
- 1 year tax return program available
- Asset depletion available
Non-Prime Program For Borrowers With Recent Credit Issues
- Up to 90% LTV (purchase, R/T, and, debt consolidation)
- Credit scores as low as 500 (including jumbo loans)
- 1 day out of FC, SS, BK, or DIL
- Up to 85% LTV (cash-out)
- Loans up to $1 million (minimum loan $75,000)
- Cash out for reservers OK
- Mortgage lates are OK
- DTI up to 50% considered
- Limited or no tradelines OK to max 75% LTV
- Max cash-out to $500,000
Platinum (Full Doc or Bank Statements)
- Up to 80% LTV (including cash-out)
- Credit scores starting at 660
- No personal income used to qualify
- No limit on number of properties financed (5 with AOMS)
- No DTI restrictions & interest only available
- Must have housing history and own a primary home
- No employment required on application
- 2 years seasoning FC, SS, BK, or DIL
- Qualifications based on property cash flow
- Loans up to $1 million (minimum loan $75,00)
Foreign National program To 75% LTV
- Up to 75% LTV (purchase or refinance)
- Simple credit reference letters to satisfy trade lines
- No US credit, NO SSN or ITIN required
- 12 months reserves required / 50% DTI
- Loans up to $750,000 (higher amounts case by case)
- Reserves can remain in foreign account
- Minimum loan amount down to $75,000
- Fewer country restrictions than other lenders
No Income Asset Qualifier Program To 75% LTV
- Up to 75% LTV (purchse or refinance)
- Credit score of 700+ required
- 5 years seasoning FC, SS, BK, or DIL
- Loans up to $3 million (minimum Loan $150,000)
- No DTI restrictions
- Requires 60 months of recurring monthly payments post closing
- No 4506 required
- Must document minimum $500,000 in post closing assets
- Primary residence only
- Assets must be sourced/seasoned for a mimimum of 12 months
Non-warrantable condos considered across all programs. No mortgage insurance on any program.
