Access the equity in your current home to buy a new house, without selling first.

• 120 day term (4 months)
• $50,000 - $300,000 loan amounts
• 85% MAX CLTV
• 9.99% Rate
• 640 MIN FICO SCORE
• Must qualify for New Primary Residence to be eligible

‍Eliminates monthly private mortgage insurance (PMI) for borrowers contributing at least 15% towards the down payment of a 30-year fixed rate mortgage.

• All States eligible
• Primary Residence
• Min FICO: 740
• 80.01 – 85% MAX LTV
• 30 Year Fixed only
• 1-2 Unit SFR, Condo, PUD

‍Benefit must outweigh the cost.

• Appraisals are required - unless it’s a gov’t insured loan.
• If they bought in the last year, value might not be there
• Debt consolitdation
• Fixed rate second liens

80% of assets are greater than the loan amount, the loan is approved.

• Just sold a business
• Serial Entrepreneur
• Retirement Age

Bank statement loan for business owners:

• 620 minimum credit score
• 2 years minimum as self employed
• 12 months business or personal bank statements
• Owner occupied, second homes, & non owner occupied
• Purchase and cash-out or rate-term finance
• Up to 50% debt-to-income ratio permitted
• Financing up to $3 million available