Unconventional Mortgages and Loans (800) 718-8906

Unconventional Mortgages and Loans

Customer Service: (800) 718-8906

Bank Statement Mortgage to $10,000,000

Self-Employed Home Loan: “Alternative income Documentation”

12- and 24-Months Bank Statements

Asset Depletion Utilization (in conjunction or as a stand-alone source of income)

Expense Factor – Underwriter Discretion Per Business Profile Description Summary

Available Terms:

* 30 Year Fixed Fully Amortized

* 40 Year Fixed Fully Amortized

* Interest-Only – 10 Year Term Available:

Jumbo and Super Jumbo Bank Statement Mortgage to Ten Million Loan Amounts

Jumbo Loan Amounts:

* $10,000,000: 720 Credit Score – LTV – 55%

* $7,500,000: 700 Credit Score – LTV – 60%

* $5,000,000: 660 Credit Score – LTV – 65%

* $3,000,000: 620 Credit Score – LTV – 55%

Underwriting Notes:

* Housing Payment History – 0 Lates – Previous Two Years

Eligible Property Types:

* Single Family Residence * Condo * Non-Warrantable Condo * 2-4 Unit

Eligible Occupancies:

* Owner-Occupied, Non-Owner-Occupied, Second Home

Debt to Income Ratios:

* * 43% with $2500 Disposable Income.

* * 50% with $3000 Disposable Income

* * Primary Residence – 610 Middle Credit Score

* * Investment Property – 630 Middle Credit Score

* * ITIN or Foreign National Not Allowed

* * 15% Gift Funds Allowed on Primary Residence

Available in the Following States:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, and Washington.

Alternative Income Documentation

Contact a Loan Officer

Non-Qualified Mortgage Lending