Credit Score as low as 620 middle score;Maximum Loan to Value:Higher than FHA;No equity in conversion of your primary residence:No Problem!Have 2106 expenses on your tax return:We ignore it!No Landlord History:No Problem!Don't have tax returns:We take W2 only!Have business debts:We use business cashflow!Higher Debt to income Ratio:We take exceptions!
Newest Conventional Programs With Our exclusive Conventional 3% Down with appraisal fee reimbursement. We will pay back your appraisal fee upto 525 dollars at closing!
Now you can do up to 679,650.00 loan amount under regular conventional program in Nevada! It's not Jumbo anymore and it is with much better pricing!
Homeready, Homepossible, Homeone, All Fannie and Freddie Niche Programs. Now available with very low and very competitive Lender Paid Mortgage Insurance or Borrower Paid Mortgage Insurance!
Credit Score as low as 550;Looking for down payment assistance:Yes,We offer it.Less perfect credit history:We analyze it.No credit qualifying streamline refinance:Yes we do!
FHA Back to Work, FHA with 100 Down.
FHA with less than 3 Years Short Sale or Foreclosure event,as long as you did keep your payment on time until you finished your short sale, then no problem, let's bring it on!
Credit score as low as:We don't limit;Maximum loan amount:100% purchase & cash-out;Junk fees:No!Fast eligibility check:Yes!
VA with a lot of fee protection for the borrower.
VA with Deployment
Require a lot of month's reserves:Not really;Maximize the loan amount:Of course!Maximize the debt to income ratio?More than regular;Credit score has to be 720:No!Competitive pricing:Yes,always!Two months to close:No,still 30 days or less!
Jumbo with 90% Loan To Value Without Mortgage Insurance.
20 Banks or so to shop the best Jumbo Rates for you!
Income Verification? No. Credit score? 640 or up. Loan To Value? Up to 80%. How to calculate Debt to Income Ratio? Only use the subject property rental income divided by the subject monthly PITIA (Principle, Interest, Tax, Insurance, HOA), we call it a "Debt Coverage Ratio", we are currently doing up to 85%, that means, if the subject property's rental income is 1000 per month, then your monthly PITIA can be as great as 1176.47 per month!
How to calculate inomce?
We evaluate your inccome cash flow as shows on your last 12-24 month bank statements. Typically we take 100% deposits and business funds without looking at withdrawals, and we average all those funds into 12 or 24 months!
We are now offering one month bank statement program for those owner occupants with 30% Down Payment and higher credit score.
Regular Credit score, 620 will be acceptable with a higher tier of rate
Credit score required?
Yes, it varies from 620 to 680, we can take lower with higher rate adjustments.
This program we can do comment sense stated income which we deed it reasonable, or we can do it with a written/verbal verification of employment in liew of all tax returns and pay stubs.
Most of the property types, including high-rise condos
One day out of forclosure?Yes! One day out of bankruptcy?Yes! One day out of short sale?Yes!
If income is verifiable
Translate your income documentation into English to get the best rate!
if you have traditional credit score
620 to 680 will be deemed accetable, it varies by lenders
If you don't have traditional credit and non-traditional credit
International Credit Score might be a substitute
Bank Reference Letter might be a substitute
If income is not verifiable and no international credit score
No Problems now!We don't really require credit score or income,rate higher a bit.
Credit score required?
Clear from owning any federal or government debts such as tax liens, judgement liens
Maximum Loan to Value
On average is 70%, it varies by lenders