Property Types:
SFR’s – Condos – Townhouses – 2 to 4 Units
Condotels – NO area restriction
Non-Warrantable condos – no add-on and no reduction to LTV

Loan Terms:
All loans are 7 year, interim fixed, variable rate 30 year fully amortized product.
Index – 6 month Libor - Caps 2/1/4 – Floor = Start Rate
30 year fixed option available.

Loan Amounts:
$50,000 Minimum to $3,000,000 Maximum – Owner Occupied
2 year Bank Statement Accepted instead of W2 for self employed
No Minimum credit Score required
>499 score up to 60 LTV Rates 7-9%
550 score up to 75 LTV Rates 6-8%
600+ score up to 80 LTV Rates 6-8%
700+ score up to 80 LTV Rates 5-7%

Ancillary fees paid at closing:
$1,295 Underwriting fee
Federal / State Tax Liens & Judgments:
All income tax liens & judgments on credit must be paid through closing if they are in excess of $2,500. All tax liens and judgments on title must be paid.

FOREIGN NATIONALS PROGRAM

ELIGIBLE PROPERTY TYPES:
Residential SFR, Condo 2-4 Units
Non Warrantable Condos and Condotels OK
Multi-Family
Mixed Use
Office
Retail

Areas of Lending:
Commercial:
AZ, CA, CO, HI, ID, KS, MT, ND, NE, NM, OK, OR, SD, TX, UT, WA, WY

Residential:
O/O, N/O/O, 2nd Home Consumer loans: AZ, CA, CO, ID, OR, TX, UT – (broker needed in every state.)
O/O, N/O/O, Business purpose loans: AZ, CA, CO, ID, NM, OK, OR, TX, UT, WA, WY – (broker needed in AZ)
N/O/O, Business purpose loans: AZ, CA, CO, ID, KS, MT, NE, NM, OK, OR, TX, UT, WA, WY (broker needed in AZ, MT & NE)

LOAN APPROVAL IN 4 HOURS FUNDED IN 4-10 BUSINESS DAYS

NO Point Options Available.
NO FICO Necessary.
NO Proof of Income Necessary.
NO SS Necessary.
NO Credit Necessary.
NO Citizenship Necessary.
NO Green Card Necessary.
Must be N/O/O
Money in Foreign Banks or Offshore Accounts OK.
Mattress Money OK.
70% LTV Financing Available Purchases & N/O/O
65% LTV Financing Available Refinance – Stated.
65% LTV on O/O with ITIN# and proof of ability to repay.
Only Requires a Passport.
Loans Up to $5 Million (exceptions considered on higher loan amounts).
If Borrower has American Credit it will price off Core Rate Sheets.
If Borrower has NO American Credit it will price off “B” credit on Core Rate Sheets.