LOAN PROGRAMS
Investment Services
Fix N Flip
- Loan Amount – $100,000 - $10,000,000
- LTC – Up to 92.5%
- Construction – 100% Construction / Rehab
- Loan Term – 12 – 18 Months / No Prepayment Penalty
- FICO – 650+
- Purpose of Loan – Purchase, Refinance, Fix and Flip
- Collateral – SFR, Townhomes, Condos, 2-4 Units
- Borrower – Single Purpose Entity
Non Qm Rental
- Loan Amount – $100,000 - $3,500,000
- LTV – Up to 90% on Purchase,
- Up to 85% on R/T
- Up to 80% on Cash out
- Loan Term – 5/1 ARM, 7/1 ARM, 10/1 ARM, 30 Year Fixed
- FICO – 640+
- Purpose of Loan – Purchase, Refinance, Cashout
- Collateral – SFR, Townhomes, Condos, 2-4 Units
- Borrower – Single Purpose Entity, Self Employed
- Foreign National Eligible
- Amortization – Interest Only or Full Amortization
DSCR - Debt Service Coverage Ratio
- Loan Amount – $100,000 - $3,500,000
- LTV – Up to 80% on Purchase, R/T, Cash Out
- DSCR – No Ratio and 1:1
- Loan Term – 30 Year Fixed (Principal and Interest) (Interest Only)
- FICO – 640+
- Purpose of Loan – Purchase, Refinance, Cashout
- Collateral – SFR, Townhomes, Condos, 2-4 Units
- Borrower – Single Purpose Entity
- Foreign National Eligible
- Amortization – Interest Only or Full Amortization
Ground Up Construction
- Loan Amount – $250,000 - $5,000,000
- LTC – Up to 90%
- Construction – 100% Construction / Rehab
- Loan Term – 12 – 18 Months No Prepayment Penalty
- FICO – 680+
- Purpose of Loan – Ground Up
- Collateral – SFR, Townhomes, Condos, 2-4 Units
- Borrower – Single Purpose Entity
- Recourse – Full PG
- Amortization – Interest Only / No Prepay
Bridge Loan (Commercial & Residential)
- Loan Amount – Up to $5,000,000
- LTV – Up to 70%
- Loan Term – 12 – 18 Months No Prepayment Penalty
- FICO – 680+
- Purpose of Loan – Purchase, Cash-Out Refi, and Rate/Term
- Collateral – SFR, Townhomes, Condos, 2-4 Units
- Borrower – Single Purpose Entity
- Amortization – Interest Only / No Prepay
Residential Services
VA Loans
- Loans up to county loan limits
- 620+ FICO Up to 100% LTV
- Fixed term only
- Single family primary residence
- Purchase & cash-out refinance
- Available on single- and multi-wide manufactured homes, co-ops*, condos, and PUDs
- Escrow waivers up to 100% LTV
- Lender and seller paid temporary buy downs available
Conventional Loans
- 620+ FICO
- Primary, second and investment properties
- Loan amounts up to county loan limit
- Eligible for primary, second and investment properties on purchase, rate/term and cash-out refinances
- LTV's as high as 97% on purchase and rate/term refinances
- LTV's as high as 80% on primary home and 75% on second home and investment cash-out refinances
- Available on single- and multi-wide, co-ops*, condos and PUDs
- Lender and seller paid temporary buy downs available
FHA Loans
- 640+ FICO
- Loan amounts up to county loan limits
- All fixed term mortgages
- Single family primary residences & 2-4 units
- Available on single- and multi-wide, condos and PUDs
- Lender paid temporary buy downs available
Jumbo Loans
- 680+ FICO
- Loan amounts up to $3,500,000
- 15 and 30 Year
- Single family residences
- Warrantable condos eligible
- Primary and second home
- Lender paid temporary buy downs available
- Minimum loan amount is $1 above conforming limit
- Full doc (W2 and tax returns) or bank statement (personal/business) eligible