True, True, True No Ratio
This program is designed to offer non-traditional access to prime capital, fostering homeownership for diverse underbanked individuals and families. The No Ratio program has NO employment verification AND NO Debt-to-Income calculation so ability to repay is determined through good credit history and a lower LTV!
- Loan amounts up to $3 Million!
- Minimum 680 FICO
- NO DTI calculated- NO Tax Returns or W2s required – NO Employment Verification!
- Up to 75% LTV for Purchase and Rate/Term Refinance
- Eligible Properties Include: 1-4 Units, Condos, Co-Ops, PUDs
- Second Homes Allowed (Max 65% LTV)
- First-time homebuyers eligible (Max 70% LTV)
- Interest only option available on all loan terms except 15- year fixed