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No Income / No Assets - No Doc

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No Employment or income stated on application; assets are verified. Daytime and evening phone numbers only. No debt ratios calculated. Loans with subordinate financing, maximum combined 1st and 2nd liens is $1Million

Owner Occupied OK

2nd Home OK

Investment Property OK

To 90% LTV Financing

Cash Out OK

No debt ratios are calculated!! - Will not state employment - no need to be employed to qualify for this loan program!!!!!!!

No Doc with Assets: Employment and Income NOT stated on 1003 application. Assets are verified. Daytime and evening phone numbers only. Minimum loan amount is $40,000 

Credit score for all borrowers is 620 for loan amounts <$1,000,000 and LTV's <=90%. LTV's 90.01-95% require 660 score for all borrower. Loan amount =$1,000,000 requires 680 score for all borrowers.

Loans with subordinate financing require a

680 score for all borrowers.

Private party mortgage OK

Assets must be verified.

CCCS OK

Bankruptcy OK

Condos OK

2nd Home OK

Investment Properties OK

Second Homes 1unit (including condos and PUD) OK

Non-Owner Occupied OK

 

 

 

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reference # 5051706206

 

 

all loan products are subject to change at any time
other restrictions may apply