Programs |
Stated Verified Rates from 7-9% Tier 1 with greater than 50% of square footage used for apartments Fico LTV 700 80% Purchases and Refinances 75% Cash-Out 660 70% Purchases and Refinances 70% Cash-Out Refinances Tier 1, office, retail and warehouse with less than 50% of square footage used for apartments Fico LTV 700 80% Purchases and Refinances 70% Cash-Out Refinances 660 70% Purchases and Refinances 65% Cash-Out Refinances Properties only considered in the Metro NY, NJ, CT, MA, CA, IL, PA, OR, WA, MD and DC area |
Full Documentation Rates from 6-9% Loans From $100,000 to $2M Min Fico Max Financing Tier 1 650 75% 700 80%
Tier 2 650 70% 675 75%
Tier 3 650 65% Rural Areas only allowed for owner occupied loans. Max of 65% LTV. No cash-out refinances allowed. |
All loans over $2M are subject to 65% LTV