provide AUS and we don’t need to document the borrowers housing payments. This is great for a borrower that pays all cash or lives rent free. Not available on DSCR loans.

Use 1007 to wash the PITI on departing residence -
we use 75% of the 1007 rents and can wash the PITI. (cannot be used as positive income) No rental agreement or security deposit needed, or proof departing residence is listed for sale.

No minimum tradelines -
If borrower has 3 credit scores we don’t require tradelines.

·        2-4 units up to 90% LTV on primary and 80% on investment

·        Gift on Investment ok

·        Second liens

o   Primary 20 yr fixed Second starting at 7.625% and we allow 5% in fees / no appraisal

o   Investment

·        Equity share program at 4.50% and no payments for 10 years

·        True blended ratios up to 70% LTV

·        Delayed financing

·        Only need 3 credit scores – no tradelines required

·        We allow rent free borrowers

·        Use business funds for everything

·        Only need second appraisal if > $2M

·        Use IRA for income no distribution letter needed and doesn’t have to be of retirement age

·        Use 1007 departing residence, no lease required

·        Loans up to $5M

·        3/1, 2/1, 1/1 buydowns up to $3.5M

·        Run AUS to waive the need to source housing history

·        Business purpose loans in 38 states – no license required

·        Use rents to qualify on a primary 2-4 unit as long as not a FTHB

·        If you need login credentials to price loans let me know.

·        W-2 to 1099, only need a couple months paystubs

·        Only need 1 year S/E, 2 years not required