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We specialize in the following areas:
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 Rural Development Eligibility site (determine property location and adjusted annual household compliance income limits for your state)
· USDA Service Center Locator (by State)
· Find available USDA properties
· USDA Service Center Agencies eForms
· 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
*(ALL LOAN PROGRAMS ARE SUBJECT TO LENDER UNDERWRITING AND APPRAISAL)
*(RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE)
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.
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1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067, United States
Monday - Friday: By Appointment
Saturday: By Appointment
Sunday: By Appointment
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