BANK STATEMENTS
Min 620 FICO - Up to 90% LTV
- No tradeline requirement w/3 credit scores
- Business or personal 50% standard expense; up to 90% w/ CPA letter
- Non-Perm up to 90% LTV
- Unlimited Cash in Hand
- Cash-out used for reserves
- SFR, Condotels, Condos, 2-4
- Loan amounts up to $4m
- 1 Day Credit Event Seasoning
P&L ONLY
Min 660 FICO - Up to 80% LTV
- No tradeline requirement w/3 credit scores
- No bank statements
- 12 or 24 months accepted
- Non-Perm up to 80% LTV
- Unlimited Cash in Hand
- Cash-out used for reserves
- SFR, Condotels, Condos, 2-4
- Loan amounts up to $4m
ASSET UTILIZATION
Min 620 FICO - Up to 90% LTV
- No tradeline requirement w/3 credit scores
- Non-Perm up to 80% LTV
- Unlimited Cash in Hand
- Cash-out used for reserves
- SFR, Condotels, Condos, 2-4
- Loan amounts up to $4m
- 100% of checking, savings, & money market; 70% of stocks, bonds, mutual funds
- Divide by 84
1099 ONLY
Min 620 FICO - Up to 90% LTV
- No tradeline requirement w/3 credit scores
- 1 or 2 years - 1099 or transcripts
- 12/24 month average minus expense ratio
- Non-Perm up to 80% LTV
- Unlimited Cash in Hand
- Cash-out used for reserves
- SFR, Condotels, Condos, 2-4
- Loan amounts up to $4m
DSCR
Min 640 FICO - Up to 80% LTV
- No deposit sourcing
- No DSCR Ratio up to 75% LTV
- No tradeline requirement w/3 credit scores
- $1,000,000 cash in hand
- SFR, Condotels, Condos, 2-4, 5-8
- 2 months reserves
- Cash-out used for reserves
- AIR DNA income accepted
- Loan amounts up to $3.5m
- Unlimited 30 days lates allowed
- Vacant properties allowed
FOREIGN NATIONAL
No FICO or 680 - Up to 75% LTV
- No deposit sourcing
- No DSCR Ratio up to 75% LTV
- No tradeline requirement w/3 credit scores
- $1,000,000 cash in hand
- SFR, Condotels, Condos, 2-4, 5-8
- 2 months reserves
- Cash-out used for reserves
- AIR DNA income accepted
- Loan amounts up to $3.5m
- Unlimited 30 days lates allowed
- Vacant properties allowed
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