Loan Products
Non-QM
O/O Consumer Purpose
For borrowers with less than perfect credit, challenges with proof of income, need to close quickly, or agency loan fallout.
-
Loans up to $4 million
-
LTV to 95%, LTV/CLTV to 85%
-
FICO to 580
-
Traditional Full Income Docs
-
WVOE Only for Employed Borrowers
-
Alternative Income Documentation for Self-Employed or Retired Borrowers
- 12 or 24 Mo. Bank Statements
- Asset Depletion Available
-
Mortgage Lates OK
-
I/O option on 5/1, 7/1 ARM, 10 year 1/O on 30 & 40 year Fixed
-
Pull equity out of O/O property while listed for sale, no ATR
-
Non-Warrantable Condos OK
-
Second Homes, Rural Properties OK
Non-QM
N/O/O Business Purpose
For borrowers to purchase or refinance a N/O/O SFR, Condo or 2-4 unit property or do not qualify under any guidelines. Both DTI and DSCR options are available.
-
Loans up to $4 million
-
DSCR option:
- To 80% LTV
- FICO to 620
- DSCR <1 can still qualify
-
DTI option:
- To 80% LTV & to 50% DTI
- FICO to 540
- 12 or 24 Mo. Bank Statements OK
-
1 Day Out of Foreclosure, Short Sale, Deed-In-Lieu, or Bankruptcy
-
Lending to LLC's, S Corps, Trusts or Individuals
Foreign National
Solutions for non-US citizens purchasing an investment property or vacation home in the US.
-
Loans up to $4 million
-
LTV to 75% & to 50% DTI
-
Social Security # or US Credit Not Required
-
Foreign Credit Accepted
-
Recent Credit Event OK
-
Cash Out options available
-
Unlimited Number of properties financed
Bridge Loans
Business Purpose
For borrowers requiring short-term financing for all property types like 1-4 unit residential, multi-family, mixed use, office, industrial, and student housing.
-
1-4 Unit Residential
- Loans up to $4 million, FICO 660+, LTV to 80%
- Loans up to $3 million, FICO 600, LTV up to 75%
-
Commercial Property Types
- Loans up to $5 million
- LTV to 75%
- DSCR starting at 1 to 1
- 3/1, 5/1, 7/1 and 10-year hybrid ARMS
- Purchase & Rehab
-
FICO to 500
-
Access liquidity by crossing collateral
-
I/O up to 36 Mo. Term
-
Unlimited number of properties financed
-
Non-experienced borrowers OK
-
LLC's, Partnerships, or Corporations OK
-
Recent Housing or Credit Event OK
Renovation
or Fix & Flip
For borrowers seeking to acquire and renovate 1-4 unit residential property to hold or for quick sale.
-
Loans to $4 million, FICO 660+
-
Loans to $2 million, FICO 600
-
Purchase and Rehab up to 90% Loan to Cost
-
As Repaired Value (ARV) up to 80%
-
I/O up to 24 Mo. Term
-
Purchase Now. Pay no interest on renovations until ready to proceed.
-
Non-experienced borrowers OK
-
LLC's, Partnerships, or Corporations OK
-
Recent Credit Event OK