The Platinum program offers a variety of mortgage options with specific eligibility criteria and loan terms, including options for primary residences, second homes, and investment properties. Delinquent credit history should not exceed 60 days in the past 12 months, and no collections are allowed in the past two years.
The Asset Qualifier program allows borrowers with significant assets to qualify for a mortgage without traditional income documentation. Borrowers must have a 700 minimum credit score, and borrowers with a bankruptcy, deed-in-lieu, short sale, or foreclosure in the past five years will be ineligible.
The 1-Year Tax Return program is for self-employed borrowers who can qualify using their most recent tax return.
The Foreign National program is designed for foreign nationals who do not reside or work in the U.S. It offers loan options for purchase, rate/term refinance, and cash-out refinance with specific requirements for visas, assets, and reserves. Borrowers must clear OFAC review and cannot be on the U.S. Department of Treasury sanctions list.
This program is for borrowers who only have an individual tax identification number (ITIN). The borrower must have a 640 minimum middle FICO score, and the qualifying FICO score will be the blended middle scores for all borrowers.
The Portfolio Select program provides flexible mortgage solutions tailored to unique borrower needs. It supports various income documentation methods and property types.
The Asset Depletion program enables high net worth borrowers to qualify for a mortgage by depleting their assets over a set period. Borrowers must have the lessor of $1MM or 150% of the loan amount (minimum of $450k) after down payment, closing costs and reserves, and 6 months seasoning on all assets is required.
The Closed-End Second Lien program offers fixed-rate second mortgage options for primary residences, second homes, and investment properties. It supports various loan amounts and terms with specific eligibility criteria.
The Bank Statement program is designed for self-employed borrowers who can document their income using personal or business bank statements. Delinquent credit history should not exceed 60 days in the past 12 months, and up to 6 consecutive missed payments are allowed if due to forbearance and now current with 3 current payments.
The Investor Cash Flow program is designed for borrowers financing properties solely for investment purposes. It allows for the use of rental income to qualify and does not require employment or income disclosure. The program offers various loan amounts and terms, including interest-only options, with specific eligibility criteria for different property types and borrower profiles.
The HELOC 1st & 2nd Liens program provides home equity lines of credit for primary residences, second homes, and investment properties. It offers flexible draw and repayment terms with specific eligibility criteria.