- Primary Residence and Second Homes and Investment
- Credit Underwritten Based on LTV, FICO, and Liquidity
- Income Documentation Not Required
- Income Not Stated
- Debt-to-income (DTI) Not Calculated
- Loan Amounts Up to $3 Million
- 70% LTV for FICOs of 740 and above
- 65% LTV for FICO's of 660 - 739
- Reserves 12 months and up depending on fico and LTV
- Asset Seasoning: 30 Days
- Gift funds allowed for Primary Homes only
Ideal for:
- Self-Employed/Small Business Owner
- Volatile or Irregular Income
- Retired
- Seasonal & Gig Workers
- Real Estate Investors
- Owners & Employees of Cash Businesses
- Newly Self-Employed
- Transitioning from Recent Health, Family,
or Other Life Events
- Looking to Tap Trapped Home Equity
- Recent Immigration
- Disqualified Income
*The Community Mortgage loan program is not available in DC, MD, NV, or WA. CA: Interest-only prohibited for FICO's below 660 and LTV cap is 65%. CO: All loan transactions require fully executed CO LO Reasonable Inquiry Attestation and HUD Counseling Certification from the Colorado Housing Assistance Corporation. IL: Allowed provided payment is based on fully indexed rate. TX: Interest-only prohibited. OH: Interest-only on Adjustable-Rate (ARM) loans.
Check out our other loan programs for your unique borrower. Click here.
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