The Rising Star Credit program offers flexible income qualification methods, including Full Document, Alternative Document, Bank Statements, and Asset Qualifier options. It provides tailored debt-to-income (DTI) limits and loan-to-value (LTV) ratios based on credit scores and transaction types, with a focus on accommodating diverse borrower profiles.
The Prime Star Credit program offers a variety of income qualification methods, including Full Document, Alternative Document, Bank Statements, and Asset Qualifier options. It provides tailored debt-to-income (DTI) limits and loan-to-value (LTV) ratios based on credit scores and transaction types, with specific guidelines for profit and loss statements and asset requirements.
The Bridge Star Credit program offers short-term financing solutions for borrowers looking to purchase a new primary residence while leveraging their existing primary residence. It features deferred interest payments until loan maturity, a 12-month ARM product with specific SOFR index and margin caps, and loan amounts ranging from $100,000 to $2,000,000. This program is designed for primary occupancy only and includes specific credit overlays and eligibility requirements.
The Invest Star Credit program is designed for investment properties, offering DSCR-based qualification with specific guidelines for short-term rental income, property management reports, and lease agreements. It includes tailored LTV and FICO requirements, restrictions on first-time investors, and eligibility criteria for various property types, ensuring flexibility and precision for experienced investors.
The Invest Star Plus Credit program is designed for investment properties, offering DSCR-based qualification with specific guidelines for rental income, property management reports, and lease agreements. It includes tailored LTV and FICO requirements, restrictions on first-time investors, and eligibility criteria for various property types, ensuring flexibility and precision for experienced investors.
The All Star Credit program offers flexible income qualification methods, including Full Document, Alternative Document, Bank Statements, and Asset Qualifier options. It provides tailored debt-to-income (DTI) limits and loan-to-value (LTV) ratios based on credit scores and transaction types, with a focus on accommodating diverse borrower profiles. This program also includes specific guidelines for asset income lift and profit & loss statements.