"No document", or DO NOT have to show income or assets

"No document", or DO NOT have to show income or assets

Credit Score of 720 or higher:

*Current rates are just a little higher than conventional pricing

• Loan for up to 80% on 1st loan (possibly 3-5 years ARM)

• Maximum loan amount is $417K , Fico must be 720 or better and DTI better than 45% - ask for more info.

"Full document" or showing verification of income or assets

* Loan for up to 80% on 1st loan (possibly 2-5 years ARM) / 17% on 2nd loan = 97% for total loan amount, depending on the location.

* DTI as high as 55%

* 3-6 months of cash reserves (or liquid assets) account for the new monthly payments.

Credit Score of 679 or lower:

* Loan up to 80% on 1st loan

*Total loan can vary, but often below $700,000

Please be aware that the following information is changing constantly due to market conditions and availability of funds

Pre Qualification Form - No Credit Check Required