Is The Center of Your Family
Multiple Income Options
Full Doc
W-2 & Filed Tax Return
- Ideal for salaried or hourly wage earners.
- Requires W-2 forms, pay stubs, and filed tax returns.
- Best for borrowers with stable and verifiable income.
- No YTD paystub needed*
Bank Statement
Self-Employed
- Designed for self-employed individuals and business owners.
- Uses 12-24 months of personal or business bank statements.
- No tax returns or W-2s required.
- Great option for those with fluctuating income.
DSCR
Investor Loan (Rentals)
- Vacant Properties Allowed*
- Gift Funds Allowed
- Can use current rent if higher than 1007
- AirBNB / Short-Term Rental Ok
- Recently listed allowed
- 2-4 Units up to 80% LTV
- 80% LTV up to $1.5 million
- Down to 0.75 DSCR – pricing still great
- First-time investors allowed
- No sourcing large deposits
Stated Income
No W-2 or Tax Returns required
- A flexible option for borrowers who may not have traditional income documentation.
- No tax returns or bank statements required.
- Typically requires a higher down payment and credit score.
- Perfect for business owners, freelancers, or retirees with non-traditional income sources.
Profit & Loss Only
Investor Loan (Rentals)
- No bank statements needed
- PTIN allowed
- P&L reviewed – not filed
- 12 month self employment
Asset Depletion
Divide by 60 Months
- Ideal for high net worth individuals
- Retired borrowers
- Additional Compensating factor
Program Highlights
Expanded-Prime
Borrowers at least 4 years past a housing event. Loan-to-Value up to 90%
- Credit scores down to 660
- LTVs up to 90%, No MI
- Loan amount up to $3.5 million
- DTI up to 50%
- Standard Full Doc, 1-year P&L, and Self-Employed Bank Statement options (12 and 24 months)
- Second homes and investment properties
- Cash-out solutions to unlock equity or consolidate debt
- 30-year interest only and 40-year interest only options
Non-Prime
Flexible solutions for borrowers recovering from recent credit impairments
- Credit scores down to 620
- LTVs up to 80%, No MI
- Loan amounts up to $1.5 million
- DTIs up to 50%
- Standard Full Doc, 1-year P&L, and Self-Employed Bank Statement options (12 and 24 months)
- Second homes and investment properties
- Cash-out solutions to unlock equity or consolidate debt
- 30-year interest only and 40-year interest only options
DSCR
Borrowers looking to qualify based on property income
- Credit scores down to 660
- LTVs up to 80%
- 1-4Units
- Ability to vest in name of LLC or corporation
- Loan amounts up to $2.5 million
- No borrower income or employment information required
- Interest-only options to maximize property cash flow
- cash-out solutions to unlock equity or consolidate debts
- 0-6 months ownership seasoning options to use the appraised value.
Personal & Business Bank Statement
Solutions for self-employed borrowers and small business owners
- Both 12 & 24 months options
- Credit score down to 620
- LTVs up to 90%
- Loan amounts up to $3.5 million
- DTI up to 50%
- Standard Full Doc, 1-year P&L, and Self-Employed Bank Statement Option (12 and 24 months)
- Second homes and investment properties
- Cash-out solutions to unlock equity or consolidate debt
- 30-year interest only and 40 year interest only options
Asset Utilization
Solutions for high net worth borrowers, retired individuals, or those with meaningful assets
- Available under Expanded-Prime program
- Both DTI & No DTI qualification options
- Credit scores down to 660
- LTVs up to 80%
- Loan amounts up to $3.5 million
Interest Only
Solutions for borrowers to optimize monthly payment obligations
- Available under Expanded-Prime, Non-Prime, and DSCR programs
- Credit scores down to 620
- LTVs up to 80%
- 30-year fixed, 30-year interest-only hand 40-year interest -only options
- Loan amounts up to $3.5 million
Jumbo Prime
Loan amounts up to $3 million, no PMI
- Mas cash-out up to $500k
- Credit scores down to 660
- DTIs up to 43%
- LTV up to 89.99% (up to $2 M)
- LTV up to 80% (up to $3 M)
- Full doc only
- Primary, second home, and investment properties
DSCR 5-9 Unit
A multi-family property loan that provides flixabilty for business purpose borrowers
- Credit scores down to 680
- LTV up to 75%
- Loan amounts up to $2 million, Min loan amounts $350,000
- Standard reserves 6 months PITIA
- Ability to vest in name of LLC or corporation
- Interest only options to maximize property cash flow
- up to 3% seller concession allowed towards closing
Non-Warrantable Condos
Solutions for condo projects outside Agency guidelines
- Available under Expanded-Prime, Non-Prime and DSCR programs
- LTV up to 80%
- Loan amounts up to $3.5 million
Equity Advantage Closed End Seconds
Solutions for self-employed borrowers and small business owners
- Stand-alone second lien mortgage
- Primary, second home, and investment properties
- Minimum 680 FICO
- Loan amounts up to $1,000,000
- Maximum CLTV 85% for primary
- Maximum CLTV 70% for second homes and investment properties
- Maximum DTI 50%
- Single Family residence, Townhomes, 2-4 units, and warrantable condos
- Full doc, personal and business bank statements
Equity Advantage HELOC
Access your equity through a line of credit
- Both 12 & 24 months options
- Credit score down to 620
- LTVs up to 90%
- Loan amounts up to $3.5 million
- DTI up to 50%
Business Purpose Loans
Solutions for real estate investors
- Available under DSCR program
- Ability to vest in LLCs & corporations
- Ability to borrow in the name of a LLC
- Interest only options to optimize cash flow
- LTVs up to 80%
- Underwritten based on subject property rental income
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