Extended Guidelines
This loan is a portfolio product that offers innovative options for buyers that require alternative documentation types for meeting their home loan needs.
Credit score: | 680 minimum |
Property type: | 1-4 Units, PUDS, Condos * |
Occupancy: | Primary residence |
Down Payment: | 20% |
Loan to Value: | 80% CLTV: 85% |
Gift Funds | 100% Gift Ok on primary residences |
Closing cost: | Seller and/or lender can pay up to 6% |
Debt Ratio: | Up to 49% |
Additional Notes:
- No 4506T or Tax Returns required
- No paystubs
- Loan amounts up to $5 million
- Income an employment verified by employer for last 2 years only.
- 30 yrs fixed & 7/1 ARM option
- Interest only available during fixed period
- US Citizens and Permanent resident aliens only
- Impounds are required
This page contains program highlights only. See sidebar links for further information and details.
All program are subject to change at anytime without any further notice