We specialize in the following areas:

• Residential, commercial and investment real estate
• Residential, commercial and Investment financing
• The real estate buying and selling process
• The mortgage loan process for conventional, FHA, VA, USDA and 203(K) loans

CONVENTIONAL LOAN PRODUCTS

ELITE

· 700+ FICO, up to 80% LTV

· Loan amounts from $200,000 up to County Loan Limits

· Eligible for primary and second homes and investment properties

· Appraisal Waivers honored

· Underwrite to AUS findings

· Includes Conventional, High Balance and ARMs

ELITE M.I.

· 640+ FICO

· Among the lowest mortgage insurance rates in the industry

· Instant M.I. saves 3-7 days on the loan process

· No overlays

· No adjustments for DTI or number of borrowers

· Starts at 640 FICO

HOMEREADY

· Purchases up to 97% including FTHB

· Refinances serviced by FNMA eligible up to 97% LTV

· Reduced Mortgage Insurance

· High Balance available

· Relaxed AMI income limits based on census tracts

· Gift funds eligible for entire down payment

· Appraisal fee credit up to $525 given at closing

HOME POSSIBLE

· Up to 97% LTV

· First time homebuyers, move-up borrowers, and retirees

· Refinances up to 97% LTV, regardless of current mortgage program

· Appraisal fee credit up to $525 given at closing

· High Balance available

HOMEONE

· Purchases up to 97% LTV

· No income restrictions

· Available in all geographic locations

· Eligible for single family homes, including townhouses and condos

· No cash-out refinances available up to 95% LTV

85% CONVENTIONAL CASH-OUT REFINANCE

· 740+ FICO

· 85% LTV Maximum

· Primary homes only

· Reduced mortgage insurance premiums

HIGH BALANCE NATIONWIDE UP TO 90% LTV

· Lender’s Mortgage Insurance Buyout is typically cheaper than LPMI with no M.I. certificate needed

· Purchases up to 90% LTV; refinances up to 80% LTV

· Min 680 FICO; Max 43% DTI

· Loan amounts from $484,351–$726,525

· Better rates, easier guidelines and faster turn times than Jumbo

· No manual underwrite — just run through DU, receive an Approve/Ineligible response, and submit to Lender

· Eligible for primary and second homes

Conforming in all material respects except for loan amount in certain markets.

ELITE HIGH BALANCE

· 700+ FICO

· Up to 80% LTV

· Loan amounts from $484,351 up to County Loan Limits

· Appraisal Waivers honored

· Underwrite to AUS findings

· Includes Conventional, High Balance and ARMs

HIGH BALANCE

· $484,351+ loan amount

· LTV's as high as 90%

· 640+ FICO

· Underwrite to AUS findings

· Available in all 50 states, both fixed and Adjustable Rate Mortgage loans

ARMS

5/1, 7/1 or 10/1 low interest rate ARM.

· Provides savings with lower rate and payment options

· We quickly and easily price out your loan with Easy Qualifier (EQ) to determine our borrower’s best scenario

· Reduced caps to 2/2/5 on 5/1 ARM

· 7/1 ARMs qualify at the actual note rate

FLEX TERM

· Available on all conventional loan products

· Terms available from 8–30 years

LIMITED REVIEW CONDOS

· Available in all 50 states

· No condo questionnaire required

SINGLE PREMIUM M.I.

· Both financed and non-financed options available

· Down payment as low as 3%

· Use seller contributions to eliminate monthly M.I.

· Accommodate a low rate and payment while providing a premium credit to negate closing costs

· Empower your clients to qualify for the home of their dreams

SPLIT 50 AND SPLIT 100

· LTVs up to 95%

· Split 50 at only 50 basis points

· Split 100 is a less expensive option for your borrower than FHA loans

· Underwrite to AUS findings

FHA ELITE

· 640+ FICO

· $125,000 - county loan limit

· All fixed term mortgages

· Single family primary residences

· Debt ratios accepted per AUS findings

· 3/1 and 5/1 ARMs available

FHA STREAMLINE

· 620+ FICO

· Debt ratios accepted per AUS findings

· Up to 60 days interest allowed

FHA ADJUSTABLE RAME MORTGAGES (FHA ARMS)

· 3/1 and 5/1 Treasury ARMs available

· Quickly and easily price out your loans with Easy Qualifier (EQ) to determine your borrower’s best scenario

· Qualifies at note rate

· Jumbo loans eligible

HUD REO

Lender can close your HUD REOs in as fast as two weeks from submission while allowing holdbacks up to $5,000 for escrow repairs.

VA ELITE

· 640+ FICO

· $125,000 minimum loan limit

· Maximum loan amount can exceed county limits

· Fixed term and ARM loans eligible

· Single family primary residences

VA IRRRL

· LTVs available up to 150% with no appraisal

· No AVMs with a 680+ FICO

· No income or asset overlays

· Fast closings, often less than 20 days

VA Adjustable rate mortgages (va ARMS)

· 3/1 and 5/1 Treasury ARMs available

· We quickly and easily price out your loan with Easy Qualifier (EQ) to determine our borrower’s best scenario

· Qualifies at note rate

· Jumbo loans eligible

USDA Loan

Rural development loans are a great option for borrowers looking for 100% financing. Recognized as a top government lender, our Lender ensures a smooth, quick process for both your clients and referral partners. Count on us to hit contract dates on USDA purchases, with direct access to underwriting and industry leading turn times!

· 30-year fixed rate

· No down payment required

· No cash reserves needed

· Closing costs may be financed on some transactions

· Seller contributions allowed

· Elite pricing starting at 640+ FICO

Helpful USDA Links:

· The USDA Rural Development home page

· USDA Service Center Locator (by State)

· Find USDA Homes: https://properties.sc.egov.usda.gov/resales/public/home\

· U.S. Dept. of Housing and Urban Development Credit Alert System (CAIVRS) (verify that your borrower has acceptable results)

JUMBO BANK BUSTER

· Available up to 80% LTV

· Even lower rates than our Jumbo Elite

· 700 minimum FICO

· Primary and second homes, purchase and refinance

· Loan amounts up to $1.5 million

JUMBO 90% LTV

· 30-year fixed

· 720+ FICO

· Up to 90% LTV

· No mortgage insurance

· Primary homes

· 43% maximum DTI

JUMBO ELITE

· Loan amounts up to $2 million

· Exclusive rate incentives for borrowers with 700+ FICO

· Eligible for primary and second homes

· ARM and fixed-rate options available

· Same-day closings with UClose

JUMBO

· Eligible for primary, secondary and investment properties

· FICOs as low as 680

· Loan amounts up to $3 million

· Fixed rate and ARM loans available

To better serve self-employed borrowers, we offer Bank Statement Loans, allowing qualified borrowers to be approved by providing personal or business bank statements, instead of income docs or tax transcripts.

• 640+ FICO, with LTVs up to 85% and no MI required
• Loan amounts up to $3M
• Up to 50% DTI
• Self-employed borrowers only
• For primary home loans:
  • Loan amounts up to $1M — 6 months of reserves required
  • Loan amounts between $1M up to $1.5M — 9 months of reserves required
  • Loan amounts over $1.5M — 12 months of reserves required
• For second and investment property loans:
  • Minimum 12 months of reserves required
• Minimum 12 months consecutive bank statements required
• Two appraisals from two different appraisers required for loans over $1.5M
• Not eligible in West Virginia or on Texas 50(a)(6)

Our DSCR Loan is perfect for investors looking to expand their real estate portfolio. It allows borrowers to use the market rent of the property to qualify, rather than their current income.

• 640+ FICO
• Up to 80% LTV
• Eligible for investment property purchases, rate/term and cash-out refinances
• Minimum debt-service coverage area ratio (DSCR) of .80
• Finance up to 20 properties
• Loan amounts up to $2M
• Appraisals from two different appraisers required for loans over $1.5M
• Minimum 2 months consecutive bank statements required
• Not applicable in West Virginia or for Texas 50(a)(6)
• Minimum of 6 months reserves required

Construction Loan with One closing! Which means one interest rate (with the option to modify down if the market improves), one down payment, one full credit report to order and one approval.

• Conventional Loans
  • Available on 15-and 30-year fixed conventional, high balance and 7- and 10-year ARM options
  • Eligible on primary, second and investment property purchases and rate/term refinances
  • Loan amounts up to the conforming loan limits
  • 700+ FICO, Max 95% LTV/CLTV/HCLTV
  • DU eligible
  • 11-month maximum build period with 1-month modification period
  • Interest-only monthly payments during the build period
  • ***If the property is in a Declining/Risky Market, it may be subject to a 10% LTV reduction based on the product's max LTV. The following are indicators that a property would be subject to an LTV reduction: 1) Declining, Over Supply or Over 6 months checked in the One-Unit Housing Trend section. 2) SSR Message 1020 is present on the appraisal. 3) The property is in a county found on the Declining/Risky Market List.
• VA Loans
  • Available on 30-year fixed loans
  • Loans up to $4M
  • Eligible on primary home purchases and cash-out refinances
  • 580+ FICO, up to 100% LTV
  • DU eligible
  • 11-month maximum build period with 1-month modification period (build period is deducted from the loan term)
  • No monthly payments during the build period
  • VA split entitlement eligible
  • No rehab constructions - an existing property cannot be renovated using a One-Time Close New Construction loan
  • Escrow accounts ineligible during the construction period.

This product is not eligible on attached condominiums, cooperative properties or temporary rate buydowns.

We offer Temporary Rate Buydowns that give our borrowers more flexibility by lowering their interest rate and monthly payment for the first 1-3 years of their mortgage

• Seller- and lender paid 1- and 2- and 3-year buydown options
• Eligible on primary and second home purchases for conventional 15- and 30-Year Fixed loans and ARMs
• Eligible on primary home purchases for FHA and VA 15- and 30-Year Fixed loans
• Eligible on primary and second home purchases for Prime Jumbo 30-Year Fixed loans

Our Standalone HELOC allows you to tap into your home’s equity. It’s a popular option for accessing cash that can be used to pay down debt, make home improvements, cover tuition and more.

• Available on primary and second home loans
• Loan amounts up to $500,000
• 640+ FICO, up to 89.99% CLTV
• $25,000 minimum line amount, initial draw must be 75% of line amount
• For line amounts up to $250,000, only an approved AVM is required
• For line amounts over $250,000, a full appraisal is required

*Not applicable in Texas

**Condos require full appraisal

Our Piggyback HELOC can allow you to secure a mortgage on a home while simultaneously opening a home equity line of credit. Ideal for borrowers with less available for a down payment — the additional borrowed money can help them avoid paying private mortgage insurance.

• Available on primary and second home purchases, rate/term and cash-out refinances on conventional loans
• Loan amounts up to $500,000
• 680+ FICO, up to 89.99% CLTV
• $20,000 minimum line amount, initial draw must be 75% of line amount
• For line amounts up to $250,000, an appraisal waiver is accepted with an approved AVM

*Not applicable in Texas

**Condos require full appraisal

*(ALL LOAN PROGRAMS ARE SUBJECT TO LENDER UNDERWRITING AND APPRAISAL)

*(RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE)

(THIS IS NOT AN OFFER TO LEND)

We have been in the real estate and mortgage business since 2005 and will continue to provide our clients a high level of knowledge and expertise. Let us help you with your next purchase, refinance or investment transaction. Call us today at (323) 825-9339.