PORTFOLIO LOANS
In many cases, these loans offer expanded guidelines. They are a great option due to the borrower or the property not meeting standard underwriting conditions as set forth by Federal, State and/or local housing authorities.
We custom build each portfolio loan to meet the individual needs of our customers depending on each individual's circumstance.
100% Liquid Assets
Minimum Credit Score of 500 – Owner Occupied or Investment Property
Two Months of Statements (Qualifying Account)
No Monthly Income Requirement
Minimum Credit Score of 600 – Owner Occupied or Investment Property
Two Months of Statements (Qualifying Account)
Self-Employed and 1099 Borrowers Only
90% LTV – 2 Years from Foreclosure, Short Sale or Bankruptcy
Up To $5,000,000 Loan Amount
Stated Income
Second Home & Non-Owner Occupied, 1 – 4 Unit Properties
No Income Verification
90% LTV, No Mortgage Insurance
Qualify Off First Principal & Interest Payment
600 Minimum Credit Score (No Minimum on Exception)
No Income Requirements
Non-Owner Occupied Property, 1 – 4 Units; Business Purpose to Acquire, Improve or Maintain Property
Loan Amounts: $100,000 – $5,000,000
Self-Employed Borrowers
Purchase – 75% LTV Max; Refinance – 70% LTV Max (Rate/Term & Cashout)
SFR / Condo / Townhouse, Owner-Occupied Only
Qualify Outside Dodd-Frank
Business Purpose Owner-Occupied Loans
Fix & Flip Purchases, Non-Warrantable Condos & Condotels
No W2, No 4506T, No Paystub, No Tax Return
650 Minimum Credit Score
Up To $5,000,000 Loan Amount