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| Agency and Government Product Matrices |
| Foreign National Program Highlights |
| Portfolio Product Matrix |
| Investor Product Highlights |
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Agency and Government Product Matrices
Our unique combination of financial stability and management experience creates an innovative environment that makes our partners at every level more competitive and successful.
- FHA
- Conventional
- VA
- DU Refi Plus
- USDA
- HomePath
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Foreign National Program Highlights
- Foreign Nationals Only (a non-U.S. Citizen with a valid passport and valid visa)
- Loan amounts: $100k – $650k
- Fixed rate terms (10, 15, 20, 25 & 30) and 30 I/O
- Adjustable rates (5/1, 7/1, 10/1) and 10 I/O
- Purchase and Refinance rate and term (not available for cash out)
- No pre-payment penalties
- Up to 65% loan-to-value financing on Purchase (Max 55% LTV on Refinances)
- Self-employed okay
- Eligible properties include single-family homes, condos and townhouses
- Occupancy includes owner occupied and second homes
- All loans must establish an ACH debit for mortgage payments from a U.S. bank
- No previous bankruptcies or foreclosures permitted
- Borrowers who are politically exposed are ineligible. All involved entities must be cleared through the OFAC SND list
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Portfolio Product Matrix
- Portfolio Foxed 10 and 15 year terms
- Portfolio Fixed 20,25,30; 5/1 ARM,7/1 ARM, / ARM
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Eligible loan terms include fixed terms (10, 15, 20, 25 and 30) and adjustable rates (5/1, 7/1, 10/1/)
Interest Only on 30 year fixed or 10/1 ARM (10 year I/O period)
Up to $2 million loan amounts
85% LTV to $1 million on condos
80% LTV to $1 million on second homes
No mortgage insurance
Up to 48/58 DTI (vs 35/45 at most lenders)
Self-employed okay
Income sources include W2, self-employed and liquid assets
Liquid assets may be used for income qualification. May be used for both self-employed and W2 borrowers.
No seasoning requirements for Cash Out
Jr. Liens can be paid off as Rate/Term with 6 months seasoning on the lien
Close in the name of an LLC or Corporation
No Prepayment Penalty |
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Investor Product Highlights
- Loans to $650k per property
- Fixed and adjustable rates
- 65% LTV Purchase and Refinance (Rate & Term and Cash-Out)
- 45% standard DTI; expandable to 50% with 18-months reserves
- Minimum FICO score down to 620
- Borrower may have up to 20 other properties financed
- Maximum exposure of $1.5M per borrower (up to 5 loans)
- Condos okay (enhanced condo approval)
- Financing on properties with non-structural deferred maintenance
- Seller concessions up to 6%
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
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