CRITERIA

LOAN DETAILS

CREDIT

660 Minimum FICO Required

CREDIT TRADELINES

Minimum of 3 Tradelines

OCCUPANCY

Primary, Second, and Investment Properties

 TERMS

20, 30 Yr Fixed Available

TRANSACTIONS

Purchase, Refinance Rate & Term, or Refinance Cash-Out

ELIGIBLE PROPERTIES

SFR, Condos, and 1-4 Units

MINIMUM LOAN AMOUNT

$100k

MAXIMUM LOAN AMOUNT

$750k (LTV restriction Applies For Loan Amounts Above $500k)

CLTV

- Max LTV 90% with Full Income Documentation

MAX COMBINED LIENS

- Max LTV w/ Owner Occupied home and bank statement is 85%

APPRAISAL REQUIRED

Yes

SQUARE FOOTAGE

No properties under 750 sq ft

BANK STATEMENTS

12 Months If Using The Bank Statements To Qualify

CLOSING TIME

30 days

EMPLOYMENT

Full Documentation or 12-24 Months Bank Statements

VESTING

Individual Only

HOUSING LATES

0x30 in the last 12 months

HOUSING CREDIT EVENTS

4 Year Seasoning

PROPERTIES LISTED FOR SALE

If listed for sale in the last 12 months are not eligible.

ELIGIBLE BORROWERS

Non-occupant co-borrowers are ineligible borrowers

NOTES

6 Months of Seasoning is required