The NON-QHEM program is designed for primary, second home, and investment properties, offering fixed and adjustable-rate terms with maximum loan amounts up to $3,000,000. It features LTVs up to 90% for purchases, interest-only options, and a variety of income documentation methods. The program also includes specific credit score, reserve, and underwriting requirements, making it suitable for borrowers seeking flexible mortgage solutions.
The 2nd program is a mortgage option offering flexible terms for owner-occupied, second home, and non-owner-occupied properties. It includes features such as a minimum loan amount of $75,000, combined lien maximums up to $4,000,000, and various documentation options including Full Doc, Bank Statements, and P&L Only. The program also has specific requirements for credit scores, housing history, and geographic restrictions, making it suitable for borrowers seeking second lien financing with comprehensive guidelines.
The Non-QHEM Premier program offers flexible mortgage options for primary, second home, and investment properties. It includes fixed-rate terms of 15 and 30 years, as well as adjustable-rate options, with maximum loan amounts up to $2,500,000 and LTVs up to 90% for purchases. The program also provides interest-only features, specific credit score requirements, and detailed income documentation options, making it suitable for a wide range of borrowers.
The Non-QHEM Plus program offers comprehensive mortgage solutions for primary, second home, and investment properties. It includes fixed-rate terms of 30 and 40 years, as well as adjustable-rate options, with maximum loan amounts up to $4,000,000 and LTVs up to 90% for purchases. The program also provides interest-only features, specific credit score requirements, and detailed income documentation options, making it suitable for a wide range of borrowers.
A loan program designed for experienced real estate investors that covers three or more properties under a single mortgage. Qualification is based on both a Loan DSCR and a Property DSCR, and the program includes a partial release clause to facilitate the sale of individual properties.
The the2nd Plus program is a mortgage option offering fixed-rate terms of 10, 15, 20, 25, and 30 years. It includes features such as a maximum loan amount of $500,000, eligibility for primary, second home, and investment properties, and specific requirements for credit scores, housing history, and income documentation. The program also has restrictions on state eligibility, declining markets, and ineligible loan features, making it suitable for borrowers seeking a second lien mortgage with comprehensive guidelines.
The NONI+ program is designed for borrowers/guarantors that must have a history of owning and managing commercial or non-owner occupied residential real estate for at least 1 year in last 3 years. It offers flexible loan amounts and LTV/CLTV ratios based on credit score. It includes options for purchase, rate/term refinance, and cash-out refinance, with specific requirements for housing history and credit events.
The NearNONI program is designed for borrowers/guarantors that must have a history of owning and managing commercial or non-owner occupied residential real estate for at least 1 year in last 3 years. It offers flexible loan amounts and LTV/CLTV ratios based on credit score. It includes options for purchase, rate/term refinance, and cash-out refinance, with specific requirements for housing history and credit events.
The SuperNONI program is designed for borrowers/guarantors that must have a history of owning and managing commercial or non-owner occupied residential real estate for at least 1 year in last 3 years. It offers flexible loan amounts and LTV/CLTV ratios based on credit score. It includes options for purchase, rate/term refinance, and cash-out refinance, with specific requirements for housing history and credit events.
The NONI58 program is designed for borrowers/guarantors that must have a history of owning and managing commercial or non-owner occupied residential real estate for at least 1 year in last 3 years. It offers flexible loan amounts and LTV/CLTV ratios based on credit score. It includes options for purchase, rate/term refinance, and cash-out refinance, with specific requirements for housing history and credit events.
The NONI program is designed for borrowers/guarantors that must have a history of owning and managing commercial or non-owner occupied residential real estate for at least 1 year in last 3 years. It offers flexible loan amounts and LTV/CLTV ratios based on credit score. It includes options for purchase, rate/term refinance, and cash-out refinance, with specific requirements for housing history and credit events.
The Foreign National program is designed for borrowers/guarantors that must have a history of owning and managing commercial or non-owner occupied residential real estate for at least 1 year in last 3 years. It offers flexible loan amounts and LTV/CLTV ratios based on credit score. It includes options for purchase, rate/term refinance, and cash-out refinance, with specific requirements for housing history and credit events.
The NONI58+ program is designed for borrowers/guarantors that must have a history of owning and managing commercial or non-owner occupied residential real estate for at least 1 year in last 3 years. It offers flexible loan amounts and LTV/CLTV ratios based on credit score. It includes options for purchase, rate/term refinance, and cash-out refinance, with specific requirements for housing history and credit events.
The theLine Home Equity Line of Credit (HELOC) program offers variable rate terms of 15, 20, 25, and 30 years with a draw period of 2, 3, or 5 years. It includes features such as a maximum loan amount of $500,000, maximum combined loan balance of $2,000,000, and eligibility for primary, second home, and investment properties. The program also has specific requirements for credit scores, housing history, and income documentation, making it suitable for borrowers seeking flexible home equity financing.