Our Services
Conventional loans
A conventional mortgage loan is a “conforming” loan, which simply means that it meets the requirements for Fannie Mae or Freddie Mac
- Primary, vacation and investment homes
- First time buyers can put down as low as 3%
- Single family, 1-4 units, PUD, Condos
- If you put down less than 20% on a conventional loan, you’ll be required to pay for private mortgage insurance (PMI)
- Fixed-rate or adjustable rate mortgage
VA/FHA loans
- 1-4 units, PUD and HUD approved condos
- Standard and high balance loan amounts permited
- 580 minimum FICO
- Streamline Refinance available with FICO
Alternative income
Bank Statement Program:
Self-employed borrowers may qualify using bank statements, in lieu of tax returns, to support self-employed income for qualification purposes
- 12- and 24-month bank statements to 90% LTV at 700 FICO to $1mm
- 12- and 24-month bank statements to 85% LTV at 720 FICO to $2mm
- Up to 50% DTI
1099 Income:
Borrowers who are independent contractors, freelancers, or otherwise self-employed in the “gig economy” may qualify with 1099 statements in lieu of tax returns, to support their income
- Up to 90% LTV with 700 FICO
- Loan amounts to $3.0mm
- Up to 50% DTI
- Interest Only available
CPA Prepared P&L:
Self-employed borrowers may qualify using a CPA prepared 12- month Profit & Loss (P&L) Statement for a period ending within 60 days of closing.
- Up to 90% LTV
- Minimum FICO 660
- Loan amounts to $3.0mm
- Up to 50% DT
DSCR
(Debt Service Coverage Ratio)
- Loan Amounts to $2.5mm
- Purchase up to 80% LTV at 680 FICO, loan amount to $1.0mm
- DSCR down to 0.75
- Cash-out refinance up to 70%LTV
- Minimum FICO 640
No Ratio Program
This product is for eligible Borrowers who have sufficient qualified assets equal to the new loan amount, down payment, closing costs, and 5 years of current monthly obligations. A DTI ratio is not calculated
- No income or DTI calculation - qualify on asset balance!
- Loan amounts to $2.5mm
- Minimum FICO 640