The Prime Jumbo – Standard Doc (QM) program offers jumbo loans for primary, second home, and investment properties with maximum LTV/CLTV up to 85% and loan amounts up to $3,000,000. It requires a minimum credit score of 680 and supports purchase, rate/term refinance, and cash-out refinance. This program includes specific guidelines for fixed and adjustable-rate loans, property types, and reserve requirements.
The Investor Solutions – DSCR program is designed for single investment properties, offering loans with guidelines for DSCR calculation, state-specific overlays, and eligibility for both long-term and short-term rental income. ARM products may use the note rate for qualifying, and it requires a minimum credit score of 640. It supports purchase, rate/term refinance, and cash-out refinance transactions.
The Credit Ascent – Standard Doc program provides loan options for primary residences with maximum LTV/CLTV up to 85% and loan amounts up to $3,000,000. It requires a minimum credit score of 620 and supports purchase, rate/term refinance, and cash-out refinance. This program includes state overlays, declining market restrictions, and detailed underwriting requirements for credit scores, reserves, and assets.
The Credit Ascent – Alt Doc program offers loans for primary residences with maximum LTV/CLTV up to 85% and loan amounts up to $3,000,000. It requires a minimum credit score of 620 and supports purchase, rate/term refinance, and cash-out refinance with alternative documentation. This program also includes specific state overlays, declining market restrictions, and flexible income verification options such as personal and business bank statements or IRS Form 1099.
This program is designed for experienced investors purchasing or refinancing single investment properties for business purposes, with loan amounts up to $2,500,000. Qualification is based on the property's cash flow using a Debt Service Coverage Ratio (DSCR), and short-term rental income is ineligible. First-time investors are not eligible for this program.
This program provides DSCR loans specifically for 5-8 unit investment properties. The maximum loan amount for this property type has been increased to $3,000,000.
The Foreign National – Investment Property Only program is tailored for foreign nationals investing in properties, offering maximum LTV/CLTV up to 75% and loan amounts up to $1,500,000. It supports purchase, rate/term refinance, and cash-out refinance with flexible DSCR calculation methods for both long-term and short-term rental income. The minimum credit score is 680, but no credit score is allowed with different LTV/CLTV and loan amount options. State Eligibility: IL and NY are ineligible for 2-4 Unit.
This program is for ITIN borrowers and requires a copy of the ITIN card or letter from IRS assigning the ITIN number to the borrower. It requires a minimum credit score of 680 and supports purchase, rate/term refinance, and cash-out refinance transactions. This program also includes specific state overlays and declining market restrictions.
The Prime Ascent – Alt Doc program offers loans for primary residences with maximum LTV/CLTV up to 90% and loan amounts up to $4,000,000. It requires a minimum credit score of 660 and supports purchase, rate/term refinance, and cash-out refinance with alternative documentation. This program includes flexible income verification options such as personal and business bank statements, written verification of employment, and profit & loss statements. It also features specific state overlays, declining market restrictions, and detailed underwriting requirements for credit scores, reserves, and assets.
This program, part of the Prime Ascent family, provides loans for all occupancy types with amounts up to $4,000,000, using standard income documentation. It requires a minimum credit score of 620 and supports purchase, rate/term, and cash-out refinance transactions.
The Prime Ascent Plus – Alt Doc program is designed for primary residences, second homes, and investment properties with varying maximum LTV/CLTV and loan amounts based on credit score. It supports purchase, rate/term refinance, and cash-out refinance with alternative documentation. This program also includes state overlays, declining market restrictions, and flexible income verification options such as personal and business bank statements.
A DSCR program for investment properties that allows for cross-collateralization, securing a loan with multiple properties. The program has been expanded to align more closely with single asset DSCR 1-4 criteria.
This program offers closed-end second mortgages with a maximum loan amount of up to $750,000. It allows for P&L statement documentation, Interest-Only options including a 30/15 Balloon, and has a Prepayment Penalty feature.
This program offers closed-end second mortgages with a maximum loan amount of up to $750,000. It allows for P&L statement documentation, Interest-Only options including a 30/15 Balloon, and has a Prepayment Penalty feature.
This program provides Home Equity Lines of Credit (HELOCs) up to $500,000 for primary, second home, and investment properties. It supports both standard and alternative documentation and offers variable rate terms from 15 to 30 years.
This program provides DSCR loans specifically for 5-8 unit investment properties. The maximum loan amount for this property type has been increased to $3,000,000.
A DSCR program for investment properties that allows for cross-collateralization, securing a loan with multiple properties. The program has been expanded to align more closely with single asset DSCR 1-4 criteria.
This program provides Home Equity Lines of Credit (HELOCs) up to $500,000 for primary, second home, and investment properties. It supports both standard and alternative documentation and offers variable rate terms from 15 to 30 years.
This program, part of the Prime Ascent family, provides loans for all occupancy types with amounts up to $4,000,000, using standard income documentation. It requires a minimum credit score of 620 and supports purchase, rate/term, and cash-out refinance transactions.
The Prime Ascent Plus – Standard Doc program offers a range of loan options for primary residences with maximum LTV/CLTV up to 90% and loan amounts up to $2,500,000. It requires a minimum credit score of 680 and provides options for purchase, rate/term refinance, and cash-out refinance. This program also includes specific state overlays, declining market restrictions, and detailed underwriting requirements for credit scores, reserves, and income verification.