OWNER OCCUPIED

Bank Statements: Alternative Income Requirements for self-employed borrowers

• 2 years in same business
• 12 or 24 months business or personal bank statements
• LTVs up to 80%
• Credit Scores as low as 640

Responsible solutions for credit impaired borrowers

• LTV up to 90%
• Credit Scores as low as 500
  • ​MAX LTV 75%​
  • Cannot be an HPML
• Loan Amounts up to $5,000,000
• DTI of 55%

INVESTOR SOLUTION

DSCR for Mixed-Use Properties

• Investment Properties Only
• Up to 10 Units
• LTV’s up to 75%
• Min DSCR 1.25
• Min Credit Score 620
• Max loan $5,000,000
• Max of 50% of square footage MAY be commercial/retail

Debt Service Coverage Ratio (DSCR)

• LTV’s up to 80%
• Credit Score down to 600
• Qualification based upon cash flow of subject property

Fix and Flip

• 85% LTV for Purchase Price
• 100% for Construction Costs
• Min FICO 660
• Fast Closings

FOREIGN NATIONAL

Second Homes

• Full Income Documentation
• LTV’s up to 75%
• Utilize U.S. and/or Foreign credit
• Transaction funds required to be deposited to U.S. bank account prior to closing

Investment Properties​

• DSCR Documentation allowed
• LTV’s up to 75%
• Transaction funds required to be deposited to U.S. bank account prior to closing
• Full Income Documentation allowed