- Super Jumbo Advantage Expanded
- Up to 80% LTV
- Rates in the 3’s up to $2.5 million
- DTI’s up to 50%
- Credit event seasoning of 4 years
- 10 Year I/O available with 30-year term to 75% LTV
- Max and Advantage Super Jumbo to $3 Million
- Up to 85% LTV
- Rates as low as 2.875%
- DTI to 45%
- Flex Jumbo to $4 Million -0x30x12-660 Credit Score
- Full Doc and Bank Statements up to 90% LTV to 1.5 Million, NO MI
- 12- and 24-Months Bank Statements to 90% LTV -Flat 50% expense factor or provide expense factor letter
- 2 Month Business Bank Statement/P&L Loans to 90%
- P & L only program to 80% LTV
- 1099’s in lieu of bank statements with 10% expense factor
- 50% DTI
- Prime Jumbo to $3 Million -1x30x12, down to a 620 Credit Score
- Condotels – NOO Only
- ITIN to 90%
- Full Doc and Bank Statements up to 90% LTV to 1.5 Million, NO MI
- 12- and 24-Months Bank Statements to 90% LTV -Flat 50% expense factor or provide expense factor letter
- 2 Month Business Bank Statement/P&L Loans to 90%
- 1099’s in lieu of bank statements with 10% expense factor
- 50% DTI
- Expanded to $3 Million. Credit Score down to 580:
- 85% LTV to $1 Million-36 months BK/NOD seasoning
- 24 months BK/NOD seasoning to 85%
- 12 months BK/NOD seasoning 70% to $1 million
- DTI 50%
- DSCR to $3 million- Credit Score down to 600
- 80% LTV to $1 Million Tiered DSCR Ratios with no minimum
- Tiered DSCR Ratios with no minimum
- Mixed use 2-8 Units to 70% up to $2 Million
- Asset Utilization to 90% LTV
- Qualified assets divided by 60
- Qualitied Assets Divided by 36 when combined with other income
- Max DTI 43%
- Foreign National to 75% LTV
- ITIN loans to 90% LTV on Prime Product Only
Posted by Jonathan Caguioa at May. 12, 2021