Unconventional Mortgages and Loans (800) 718-8906

Unconventional Mortgages and Loans

Customer Service: (800) 718-8906

Alternative Income Documentation Jumbo Program

Alt-Doc Mortgage Program | Forms 4506-T and 4506-C Not Required

** 90% LTV (loan-to-value) Financing

** $1,500,000 – Maximum Loan Amount:

** $3,500,000 – Maximum Loan Amount:

** 6 Month Reserve Requirement for primary residence + 3months for Each additional property owned (and financed)

Residual Income Requirement: / DTI

* DTI Less Than 35% – $3000 Monthly Residual Income

* DTI Greater Than 35% – $4000 Monthly Residual Income

Property Types:

* SFR Single Family Residence

* PUD Planned Urban Development

* Condo

* Non-Warrantable

Debt-to-Income DTI – 50% with 680 Credit Score to 80% LTV

* Interest Only payment Available – 680 Credit Score

Gift Funds

* 100% financing available with 20% gift

Underwriting Notes:

* Super Jumbo Loan Amounts require a second appraisal

Credit Notes:

* 0 30 Day Mortgage Lates – 12 Month History

* 25 Maximum Properties Owned:

* Investment Property or Second Home – 10 Maximum unless LTV

* Less than 75%, LTV, No Limit

Available in the Following States:

Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, and Wisconsin.

Reference # 214 554488

Alternative Income Documentation

Contact a Loan Officer

Non-Qualified Mortgage Lending

Alt Doc Purchase Loans

Alt Doc Refinance Loans

Category - Non-QM Lenders