Unconventional Mortgages and Loans (800) 718-8906

Unconventional Mortgages and Loans

Customer Service: (800) 718-8906

90% LTV – $1,500,000 – 4 Months Reserves

Alt Doc Home Loan – 12 Months and 24 Months Bank Statements | Forms 4506-T and 4506-C Not Required

700 Credit Score:

$1,500,000 Loan Amount | 4 Months Reserves

LTV 90% – Purchase

LTV 85% – Cash Out Refinance

90% LTV – $1,500,000 – 4 Months Reserves

$2,000,000 Loan Amount | 6 Months Reserves

LTV 90% – Purchase

LTV 85% – Cash Out Refinance

$2,500,000 Loan Amount | 6 Months Reserves

LTV 90% – Purchase

LTV 85% – Cash Out Refinance

$3,000,000 Loan Amount | 9 Months Reserves

LTV 85% – Purchase

LTV 80% – Cash Out Refinance

$4,000,000 Loan Amount | 12 Months Reserves

LTV 90% – Purchase

LTV 85% – Cash Out Refinance

$5,000,000 Loan Amount | 6 Months Reserves

LTV 85% – Purchase

LTV 80% – Cash Out Refinance

680 Credit Score:

$1,500,000 Loan Amount | 4 Months Reserves

LTV 90% – Purchase

LTV 85% – Cash Out Refinance

$2,000,000 Loan Amount | 6 Months Reserves

LTV 90% – Purchase

LTV 85% – Cash Out Refinance

$2,500,000 Loan Amount | 6 Months Reserves

LTV 90% – Purchase

LTV 85% – Cash Out Refinance

$3,000,000 Loan Amount | 9 Months Reserves

LTV 85% – Purchase

LTV 80% – Cash Out Refinance

$4,000,000 Loan Amount | 12 Months Reserves

LTV 90% – Purchase

LTV 85% – Cash Out Refinance

$5,000,000 Loan Amount | 18 Months Reserves

LTV 85% – Purchase

LTV 80% – Cash Out Refinance

Credit Notes:

Maximum Loan Amount: $5,000,000

Minimum credit score: 600

No mortgage lates allowed in the previous 24 months.

Housing Credit Event Seasoning 36 Months (Bankruptcy, Foreclosure, Short Sale, Loan Modification)

Minimum tradelines 2 open and active minimum of 12 months

Cash-Out (Cash in Hand) Limit:

Maximum LTV – 80%

Loan amount > $1,500,000 Maximum LTV – 75%

Eligible Property Types:

Single Family Residence

Condo (non-warrantable condo maximum loan amount – $2,000,000)

2-4 Units – Maximum LTV – 85%

DTI (Debt-to-Income Ratio):

55%

Terms Available:

ARM’s

5/1 LIBOR

7/1 LIBOR

Fixed Rate

30 Year Fixed

15 Year Fixed

Interest Only – 120 Month Term

Available in the Following States:

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

Reference # 541 052218 10-13-1-3

Alternative Income Documentation

Contact a Loan Officer

Non-Qualified Mortgage Lending

Alt Doc Purchase Loans

Alt Doc Refinance Loans

Category - Non-QM Lenders