Bank Statement Program Bank Statement mortgage program is the perfect option for self-employed borrowers who need an alternative method to show the true cash flow of their business. Borrowers do not have to own 100% of the business. Our Bank Statement program provideds a loan solution to help underserved credit-worthy self-employed borrowers who othewise would not qualify for a home loan.
Loans up to $3 million with a minium of $150,000
Credit Scores Starting at 600
Up to 90% LTV, No MI
1099 Income Loan 1099 income loan option is for underserved self-employed borrowers who are 1099 workers. Many freelancers, contractors, gig economy workers or other self-employed borrowers who file using W-9s cannot qualify for a mortgage under Agency guidelines. These borrowers can use 1099 earning statements in lieu of tax returns to qualify for a mortgage. Our 1099 Income loan is an alternative loan solution that helps many self-employed 1099 earners achieve homeownership.
Loans up to $3 million, Miniumum loan of $150,000
Maximum LTV 90% with 700 score, No MI
Maximum LTV 80% with 640 Score
Investor Cash Flow Mortgage Investor Cash Flow mortgage program allow borrowers to qualify based on rental analysis to determine property cash flow. No personal income required to qualify. Debt service coverage ratio or DSCR is a meaurement of a property's expected cash flow to dtermine ability to repay a mortgage loan.
Loans up to $1.5 million, Minium loan of $75,000
Qualification based on property cash flow-Minium debt service coverage ratio 1.0
No DSCR needed with minium 700 FICO and max 75% LTV
Asset Qualifier Loan Asset Qualifier loan product is for borrower's to qualify using their liquid assets. No employment is required, income or DTI to justify ability-to-repay. We qualify based on required assets that meet seasoning requirements.
Loans up to $3 million, Minimum loan of $250,000
No employment, No income, No DTI
Rates are 30-year fixed
Credit Scores starting at 700
Up to 75% LTV
ITIN Mortgage Programs Individual Tax Identification Number (ITIN) loans are for borrowers who do not have Social Security numbers. Borrowers with ITIN cards can qualify for a mortgage as long as they meet the eligbility requirements. This loan product is a full doc non-QM mortgage offering flexibility for individuals residing in the United States.
Loans up to $2.5 million, Minimum loan of $125,000
Primary home only
up to 50% DTI
Credit Score starting at 600
Maximum LTV 75%
Foreign Nationals This mortgage product is for foreign nationals wanting to purchase or refinance a home in the United States. This is a DSCR program with a 1:1 ratio on cash flow.
No income, No Credit Score
Minimum loan amount of $75,000
Maximum loan amount of $1.5 million
A DSCR program with a 1:1 ratio on cash flow
Assets sourced and seasoned for 60 days-must be in a U.S. FDIC insured bank for a minimum of 30 days
12 months reserves required and must be in a U.S bank
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