The EquityChoice program is a subordinate lien product with a fixed interest rate and a shared appreciation component. It is designed for owner-occupied properties with specific CLTV, credit score, and seasoning requirements, and includes geographic restrictions and borrower eligibility criteria.
The Olympic program is a Fixed Rate Closed End Second mortgage product offering terms of 10, 15, 20, and 30 years. It is designed for owner-occupied properties with specific CLTV/HCLTV requirements, geographic restrictions, and borrower eligibility criteria.
The Biscayne Jumbo AUS program is designed for high-value loans exceeding standard agency limits. It offers fixed-rate options with specific reserve requirements, AUS approval, and eligibility criteria for various property types including single-family residences, condos, and 2-4 unit properties. The program includes options for purchase, rate and term refinance, and cash-out refinance.
The Teton Jumbo AUS program is designed for high-value loans exceeding standard agency limits. It offers fixed-rate options, specific reserve requirements, and eligibility criteria for various property types including single-family residences, condos, and 2-4 unit properties. The program also includes AUS approval and detailed borrower requirements.
The Lassen Jumbo AUS program is designed for high-value loans exceeding standard agency limits. It offers fixed-rate options, specific reserve requirements, and eligibility criteria for various property types including single-family residences, condos, and 2-4 unit properties. The program also includes a buydown option for owner-occupied and second home purchase transactions.
The Acadia Closed End Second program offers fixed-rate terms including 10, 15, 20, and 30 years. It is designed for second homes and non-owner-occupied properties with specific CLTV and DTI requirements, and includes restrictions on geographic locations and borrower eligibility.
The Glacier Closed End Second program offers fixed-rate terms and is designed for owner-occupied properties. It includes specific LTV/CLTV requirements, a minimum loan amount of $150,000, and does not allow interest-only options. The program offers various fixed-rate terms including 10, 15, 20, and 30 years.
The Rainier program offers various loan options including 15 Year Fixed, 30 Year Fixed, and 30 Year Fixed I.O. It is designed for both owner-occupied and non-owner-occupied properties with flexible LTV/CLTV ratios and a range of loan amounts. First Time Home Buyer restrictions apply, including occupancy types, minimum credit score, and maximum DTI.
The Sequoia NQM program offers loan options for both owner-occupied and non-owner-occupied properties with flexible LTV/CLTV ratios and a range of loan amounts. It includes options for purchase, rate and term refinance, and cash-out refinance, with various documentation options such as Full Doc, Bank Statements, and CPA Gross Receipts. The program also features a 2/1 buydown option for owner-occupied purchases and is subject to Ability-to-Repay (ATR) Rule requirements.
The Sequoia NQM Expanded program is designed for both owner-occupied and non-owner-occupied properties, offering flexible LTV/CLTV ratios and a variety of documentation options including Full Doc, Bank Statements, and 1099. It includes features like a 2/1 buydown option for owner-occupied purchases and allows for various loan purposes including purchase, rate and term refinance, and cash-out refinance.
The Sequoia NQM - ITIN Expanded program is designed for borrowers without traditional US residency status. It allows a combination of borrowers with and without traditional residency status, provided they meet specific criteria such as US credit, income, and stable housing history in the United States. Borrowers may or may not have an SSN, but alternate documentation must be provided if a non-official SSN is used.
The Sequoia Foreign National - DSCR program is designed for foreign national investors focusing on investment properties. It offers flexible LTV/CLTV ratios, specific borrower eligibility criteria, and includes options for rate and term or cash-out refinancing. Borrowers must live outside the USA and provide documentation of their country of residence.
The Sequoia DSCR program is designed for investment properties, allowing borrowers to qualify based on the property's rental income. It offers various loan options including 15 Year Fixed, 30 Year Fixed, and 40 Year Fixed terms. The program includes options for purchase, rate and term refinance, and cash-out refinance.