Non Prime/Alt-A

Close loans that can’t close conventionally.  Separate yourself from the competition.  Increase your income in 2018 with refinance business down, but Non Prime UP!

 

Uses Alternative Documentation

  • 12 Month Bank Statements
  • Assets for Income
  • 1 year Tax Returns
  • Expanded Criteria
  • up to 90 LTV(Purchase & R/T) no MI
  • up to 85% LTV (Cash out) no MI
  • 2 years seasoning FC,SS,BK, or DIL
  • Recently discharged BK 13 to 90% LTV(if paid as agreed 24 mo)
  • Loans up to $3 million (Minimum Loan $150,000)
  • Cash out for reserves OK
  • Credit scores starting at 600
  • 1x30x12 housing history
  • Option to qualify with assets instead of income
  • Asset Depletion program available
  • 1 year tax return program Available

Non Prime/Recent Housing Event

  • Credit Scores as low as 500 (including jumbo loans)
  • Up to 90% LTV (purchase,R/T,debt consolidation)- no MI
  • Up to 85% LTV cash-out
  • 1 day out of FC,SS,BK, or DIL
  • Loans up to $1 million( minimum loan $150,000)
  • Cash out for reserves OK
  • DTI 40/45 (Up to 50% considered)
  • Limited or no tradelines OK to max 75% LTV
  • Max cash-out to $500,000