FTHB and Repeat buyers have the option of the 4 major types of programs.
This program is designed for the investor who needs to renovate a property before turning it into a rental. Qualification will be based on the DSCR/ rental income.
Investors can purchase, fix and sale property using this bridge loan fix & flip program
100% financing loan with a repayable or non- repayable second to cover down payment and a portion of closing
This 100% program will help high earner clients with down payment. Use the 3.5% DPA for down payment and an additional 1.5% toward closing.
This program is for the lower credit score borrower. This allows for a 3.5% down payment. Seller can pay 6% closing. Ratios are capped at 45%.
No Income documentation loan for Investors. The qualification is based on the rental income which must meet or exceed the monthly mortgage payment.
This 10 year interest only program converts to a 30 year PITI payment. Payments are lower due to amortization and interest only feature.
There are only two income requirements for this self employed program. Review of a Profit and Loss and a Letter from the accountant/CPA stating that the buyer has been in business for 2 years.
This 100% financing program will allow credit scores down to 550.
Qualify based on a verification of Employment. No paystub, No W-2, No 4506
This renovation loan has a streamline component ( Repairs under 35k) and a full component (Repairs over 35K). Both components will allow for an owner occupied FHA loan to cover repair cost.
This renovation loan will allow for owner occupied or Investor financing loans.
Your clients can buy land and then Build. All one loan.
This renovation loan has a streamline component ( Repairs under 35k) and a full component (Repairs over 35K). Both components will allow for an owner occupied FHA loan to cover repair cost.
For those clients who do not a have a social security number, but has a Tax Identification Number.
This Jumbo program is designed for the self-employed. If your client does not have evidence of income or wish not to provide documentation, this program will help.
Investor financing programs available for the experienced and the novice.
No personal income used to qualify. Qualifications based on property cash flow. 2 year seasoning foreclosure, short sale, BK, DIL No DTI restrictions. No limits on numbers of properties financed.
Up to 75% L TV (purchase or refi). No US credit required No SSN required -12 months reserves required - All loans treated as investment properties
If your borrower recently completed their residency or a fellowship, they may think it's not possible to purchase a home so soon. Fortunately, it is possible and we can help!
No personal income used to qualify. Qualifications based on property cash flow. 2 year seasoning foreclosure, short sale, BK, DIL No DTI restrictions. No limits on numbers of properties financed.
Up to 75% L TV (purchase or refi). No US credit required No SSN required -12 months reserves required - All loans treated as investment properties
If your borrower recently completed their residency or a fellowship, they may think it's not possible to purchase a home so soon. Fortunately, it is possible and we can help!
Designed to finance condo's that don't quite meet standard guidelines.
Great Product to minimize down payment. 2nd Trust loans can be used toward down payment.
Designed for seniors above 62, this program can assist those looking to Buy or Refinance.
For those buyers who write off quite a bit on their taxes or may have a subsequent side job, this program allows for us to qualify based on W-2 forms only. No tax return.
1 day out of foreclosure, shorts sale, BK, Owner Occupied, 2nd homes, and investment properties. Non-warrantable condos considered, Jumbo loans down to 500, up to 80% LTV.
This grant program will help the buyer with a 3%-6% grant that can be used for down payment and closing.
For those buyers who write off quite a bit on their taxes or may have a subsequent side job, this program allows for us to qualify based on W-2 forms only. No tax return.
100% Financing even for Veterans with a 500 score or better.
Elite Access designed to meet the demands of borrowers in high-cost areas. Choose from fixed rate, 5/1 and 7/1 ARM products.
This program is designed for the investor who need to renovate a property before turning it into a rental. Qualification will be based on the DSCR/ rental income.
Low Credit Score Program 550-580 FHA, VA, USDA
This program is ideal for the self-employed buyer who can't necessarily document income.
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