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LOAN PROGRAMS AND PRODUCTS

 
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103% Purchases Minimum Fico scores 720
100 % Stated Income Purchases Minimum Fico scores 680
100 % Full Document Purchases 80/20 Minimum Fico scores 600
100 % Full Document Purchases Minimum Fico scores 600
100 % Full Documents Refinance 80% Ist and 20% 2nd 

Prime Lending Programs Fico scores 620

Conforming Fixed

Conforming ARMs

Conforming 30-year 30-year adjustable
Conforming 15-year 3/1 year adjustable
Conforming 30/7 year 5/1 year adjustable
Conforming 30/5 year 7/1 year adjustable
Conforming 20-year 10/1 year adjustable

Subprime Lending Fico Scores less than 620

100% Purchases full documents 80/20 Minimum Fico Scores 600

100% Stated Income loans fico scores 640

90% Purchase / Cash-Out for A- Credit Fico Scores 580

85% No-Income-Verification Purchase. No Reserves needed

80% Bankruptcy Chapter 13 Buyouts

90% State Income Purchase / Refinance 

70% Foreclosure Refinances- Owner Occupied Conventional Lending
70% Stated Income, Non-owner Refinances

90% Construction Take-out 

Subprime Lending Fico Scores less than 620

Fixed Rates

Adjustable Rates

             30-year Fixed              3/27 Full Documents

30-year Fixed Limited

2/28 Full Documents

30-year Stated Income

2/28 Stated Income

30-year Cash-Out

90% Non-Owner 2nds

Multifamily/Mixed Use

95% Purchase A-

Seconds and Home Equity Loans

100 % second loans fully documented income fico scores 600

 

LOAN PROGRAMS NOT OFFERED

•Mobile homes • Construction loans • Co-ops • Bridge loans • Commercial property mixed use • Leaseholds • Land purchase loans • Refinancing properties listed for sale • Condotels• Condos over 4 stories• Loans to buy Foreclosure sales•Timeshares loans•Manufactured housing

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