The Foreign National DSCR program is designed for foreign nationals investing in U.S. real estate, focusing on the property's cash flow rather than the borrower's personal income. It requires a minimum FICO score of 660, a clean mortgage history, 48 months seasoning for credit events, and no ownership requirement. The program supports a variety of property types and flexible loan amounts.
The Prime Jumbo Full Doc AUS program is designed for borrowers requiring full documentation and automated underwriting system approval. It provides options for 15-year and 30-year fixed terms with competitive pricing. It also includes flexible income verification methods and allows for high-value property financing.
The Prime Jumbo program offers tailored solutions for borrowers seeking jumbo loans, with options for 15- and 30-year fixed terms up to $2.5 million. It includes competitive rates, no mortgage insurance, and allows for primary and second home properties, as well as cash-out refinancing up to 75% HCLTV.
The Closed-End Second Lien program provides financing for borrowers seeking a second mortgage, including owner-occupied, second home, and investment properties. A&D offers loan programs for owner-occupied/second homes and investment properties/DSCR/Foreign National, with specific requirements for mortgage history, minimum FICO score, credit event seasoning, tradelines, and residual income. The maximum combined loan amount for both first and second liens is $4,000,000.
The Prime program is for borrowers with good credit, providing flexible terms and competitive rates. It requires a minimum FICO score of 620, allows for some credit events with 12 months seasoning, and a residual income of $1,500. The program supports owner-occupied, second home, and investment properties, and offers both standard and limited tradeline options.
The DSCR (No DTI) program is designed for investment properties, focusing on the property's cash flow rather than the borrower's personal income. It requires a minimum FICO score of 620, a clean mortgage history, 48 months seasoning for credit events, and no ownership requirement. The program allows for DSCR values below 1 with specific FICO requirements and supports a variety of property types and flexible loan amounts.
The Super Prime program is designed for borrowers with excellent credit, offering competitive rates and terms. It requires a minimum FICO score of 620, a clean mortgage history, 48 months seasoning for credit events, standard tradelines, and a residual income of $2,000. The program supports owner-occupied, second home, and investment properties, and allows for flexible documentation types and loan amounts.
The Foreign National Full Doc program is tailored for foreign nationals seeking to invest in U.S. real estate. It requires a minimum FICO score of 660, a clean mortgage history, 48 months seasoning for credit events, and no ownership requirement. The program allows for flexible documentation and supports a variety of property types and loan amounts.