The DSCR Matrix program is designed for 1-unit investment properties, offering various loan-to-value (LTV) and combined loan-to-value (CLTV) ratios based on credit scores and loan amounts. It includes options for both long-term and short-term rental income calculations, with specific requirements for experienced and first-time investors, as well as guidelines for properties in declining markets.
The Expanded Document program offers a variety of loan options including Bank Statements, Asset Utilization, 1099, WVOE, and P&L Only for primary residences. It provides flexible LTV/CLTV ratios based on credit scores and loan amounts, with specific guidelines for different occupancy types and property conditions.
The ITIN Matrix program is designed to assist America's immigrant and unbanked populations in achieving homeownership. It offers various loan options with specific requirements for credit scores, loan amounts, and property types, focusing on owner-occupied residences and providing flexible documentation options.