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| Conforming Fixed |
| 100% Gift |
| Conventional 3% Down |
| 5/5 ARM |
| FHA |
| Flex Term Refinance |
| USDA & USDA Elite |
| VA |
| Foreign National Mortgage Program |
| Bank Statement Mortgage Program |
| Investor Cash Flow Mortgage Program |
| Portfolio Select Program |
| Asset Qualifier Mortgage Program |
| Non Prime Mortgage Program |
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Conforming Fixed
Term: 30 years
Maximum Amount: $417,000
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100% Gift
Don't have money for down payment? Yo can still get a home!
* 100% Gift Option Available
* Program option available with no monthly mortgage Insurance
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Conventional 3% Down
* Down payment as low as 3%, even for first time home buyers.
* Reduce or even eliminate monthly Insurance (Not possible with FHA).
* Typically faster, easier, and with a lower monthly payment than FHA.
* Use gift funds for your entire down payment.
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5/5 ARM
* Low initial rate stays fixed for five years before it can adjust, than it's fixed for another five years and so on - that's just two adjustments within 15 years.
* Rate can only adjust by a maximum of 2% every five years, with a cap at 5% from your initial rate - plus, if rates go down, your rate will too.
* No prepayment penalty, so you can refinance anytime you want.
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FHA
* Credit score starting at 620 FICO.
* Get low rates.
* Close in as little as 30 days.
* Seller may contribute up to 6% towards your closing fees.
* Down payment as little as 3.5% down.
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Flex Term Refinance
* Refinance without resetting your term.
* Modify your loan to fit your budget.
* Potentially save thousands of dollars in interest.
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USDA & USDA Elite
* 100% financing - No down payment.
* Seller credits may help pay for closing fees.
* Potentially roll closing fees into your monthly payments.
ELITE
* Special low rates for qualified borrowers - $125,000 minimum loan amount. (Starting at 640 FICO)
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VA
As a member of our military personnel, you are eligible for a special government insured VA loan.
* No down payment.
* Low interest rates.
* Fast closing, usually in 30 days or less.
* No private mortgage insurance (PMI).
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Foreign National Mortgage Program
* Up to 75% LTV.
* No US credit required.
* Fewer country restrictions.
* DTI up to 50% considered.
* Investment properties.
* SFRs, townhomes, condos, 2-4 units.
* No SSN or ITIN required.
* 12 months reserves required.
* Non-warrantable condos considered.
* 5/1 ARM or 30-year fixed.
* Loans up to $750,000 (minimum $75,000).
* Seller concessions to 2%.
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Bank Statement Mortgage Program
Mortgage Solutions for Self-Employed Borrowers
Bank statement Mortgage Program is the perfect option for mortgage broker’s self-employed borrowers who do not have the tax documents to prove their ability to pay. We can offer up to 90% LTV on personal and business and 50% DTI with scores as low as 600.
* No tax returns required
* 12 month personal bank statements
* 12 month business bank statements
* Loans up to $3 million – Minimum $150K
* Credit scores down to 600
* Rates starting in the low 5’s
* Up to 90% LTV on Personal and Business with no MI
* DTI up to 50% considered
* Owner-occupied, 2nd homes and investment properties
* 2 years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
* Non-warrantable condos considered
* Jumbo loans down to 600 score
* 5/1 ARM or 30-year fixed
* No pre-payment penalty for owner-occ and 2nd homes
* Seller concessions to 6% (2% for investment)
* 2 year self-employed required
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Investor Cash Flow Mortgage Program
Mortgage Solutions for Agency Fall-Out
Investor Cash Flow mortgage program allows your clients to qualify based on rental analysis to determine property cash flow. No personal income required to qualify. This saves you from submitting complicated income statements and tax returns.
* No personal income used to qualify
* Qualification based on property cash flow
* 2 years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
* Credit scores down to 660
* Rates starting in the 6’s
* Up to 80% LTV
* No DTI restrictions
* Must have current mortgage
* 1-4 units and condos
* No limit on number of properties financed (5 with AOMS)
* Loans up to $1.5 million
* Seller concessions to 2%
* 7/1 ARM
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Portfolio Select Program
Jumbo Loan Mortgage Solutions for the Alt-A Borrower
* Rates starting in the 4’s
* 2 years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
* Loans up to $3 million
* Credit scores down to 600
* Up to 90% LTV with no MI
* 100% gift funds allowed
* DTI up to 50% considered
* Owner-occupied, 2nd homes, and investment properties
* Non-warrantable condos considered
* Jumbo loans down to 600 score
* 5/1 ARM or 30-year fixed
* No pre-payment penalty for owner-occ and 2nd homes
* Asset depletion available
* Option to qualify with assets instead of income
* SFRs, townhomes, condos, 2-4 units
* Seller concessions to 6% (2% for investment)
* 1 year tax return program available
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Asset Qualifier Mortgage Program
Mortgage Solutions for Agency Fall-Out
Our Asset Qualifier Mortgage Program is one of our programs that can help your borrower realize the home of their dreams can be a reality. This program allows your borrower to qualify for larger loans using their liquid assets to qualify and does not require employment, income or debt to income to justify ability to repay their debt.
* Rates starting in the 5’s
* No employment, no income, no DTI
* Up to 75% LTV
* 5 Years seasoning foreclosure, short sale or bankruptcy
* Loans up to $3 million (minimum loan $150,000)
* Credit scores 700 or higher
* Primary residence, purchase only
* Interest only program available
* 5/1 ARM or 30-year fixed
* Non-Warrantable condos considered
* All assets must be sourced and seasoned for a minimum of 12 months
* Required assets: (borrowers must have at least $500,000 in post-closing assets.)
(Loan amount-Recurring monthly debt multiplied by 60 months-Funds to close and 6 months reserves)
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Non Prime Mortgage Program
Non Prime Mortgage Solutions
Our Mortgage Solutions has set the standard in non-QM with our innovative programs designed to meet borrower’s unique circumstances. Our non-Prime program offers a unique solution to help you quickly close loans for borrowers who may not meet standard Agency guidelines for financing.
* Rates starting in the 5’s
* 1 day out of foreclosure, short sale, bankruptcy or deed-in-lieu
* Loans up to $1 million
* Credit scores down to 500
* Up to 90% LTV
* DTI up to 50% considered
* Owner-occupied, 2nd homes, and investment properties
* Non-warrantable condos considered
* Jumbo loans down to 500 score
* 5/1 ARM or 30-year fixed
* No pre-payment penalty for owner-occ and 2nd homes
* No active tradelines OK with housing history
* SFRs, townhomes, condos, 2-4 units
* Seller concessions to 6% (2% for investment)
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $484,350 for the contiguous states, District of Columbia, and Puerto Rico or below $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $484,350 for the contiguous states, District of Columbia, and Puerto Rico or exceed $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
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