Specialized Loan Programs
Bank Statement Loan
Our Bank Statement program is a loan option for eligible self-employed borrowers to purchase or refinance a home. This program allows personal or business bank statements to calculate income without requiring tax returns.
Loan up to $3M, up to 90% LTV without having to pay MI, 600 or greater credit score, No reserves require if LTV is lower than 75 %.
Asset Utilization Loan
An asset utilization loan is a mortgage program that, for qualifying purposes, calculates a monthly amount to determine income, based upon available liquid assets the borrower owns.
Does not have to be currently employed. Only show two months of statements for qualifying account, Down to 600 credit score, 75% Max LTV Purchase – 70% Max LTV Refinance, Owner-Occupied only and Can use Liquid Assets.
Foreign National Loan
Foreign National Loan available to qualifying foreign national home buyers and homeowners. Purchase, rate and term, and cash-out refinancing options available. Asset qualifier loans are available to self-employed foreign nationals and programs also exist for second homes, and investment properties
No U.S. credit score required ,Loan amounts up to $1.5 million, Loan-to-value ratio up to 75% on purchases; up to 70% for cash-out refinances