The Community DSCR Program is designed for investment or non-owner-occupied loans designated for business purposes only. It requires a Debt-Service Coverage Ratio (DSCR) calculation and includes specific requirements for loan amounts, state restrictions, and prepayment penalties.
The Community Expanded Prime program offers flexible loan options for primary residences, second homes, and investment properties with varying loan amounts and FICO score requirements. It includes specific guidelines for appraisal, borrower eligibility, and asset documentation, ensuring comprehensive coverage for diverse borrower needs.