Non Prime/Alt-A
Close loans that can’t close conventionally. Separate yourself from the competition. Increase your income in 2018 with refinance business down, but Non Prime UP!
Uses Alternative Documentation
12 Month Bank Statements
Assets for Income
1 year Tax Returns
Expanded Criteria
Up to 90 LTV(Purchase & R/T) no MI
Cash out for reserves OK
Up to 85% LTV (Cash out) no MI
2 years seasoning FC,SS,BK, or DIL
Recently discharged BK 13 to 90% LTV(if paid as agreed 24 mo)
Loans up to $3 million (Minimum Loan $150,000)
Credit scores starting at 600
1x30x12 housing history
Option to qualify with assets instead of income
Asset Depletion program available
1 year tax return program Available
Non Prime/Recent Housing Event
Credit Scores as low as 500 (including jumbo loans)
Up to 90% LTV (purchase,R/T,debt consolidation)- no MI
Up to 85% LTV cash-out
1 day out of FC,SS,BK, or DIL
Loans up to $1 million( minimum loan $150,000)
Cash out for reserves OK
DTI 40/45 (Up to 50% considered)
Limited or no tradelines OK to max 75% LTV
Max cash-out to $500,000