Flexible Mortgage Programs for Every Borrower
Explore Our Program Details & Example Scenarios
Whether you’re self-employed, an investor, or have unique income verification needs, our programs provide flexible options without relying solely on traditional tax documents. See program details, eligibility criteria, and example scenarios for each loan type below.
PROGRAM DETAILS
LTV up to 95% (MI applies for LTV > 80%)
•Minimum FICO 660
•“Full Doc” with up to 50% DTI
•W2 or Self-Employed Borrowers
•Purchase Loan, Rate and term, or Cash-Out refinance
•Current conforming limit in CA for a single-family unit is $548,250. High Balance Conforming loan limits vary for each county
•Restrictions apply. Rates are subject to change without notice
EXAMPLE SCENARIO:
Rates as of 09/18/23 and are subject to change. The following examples are for a Purchase for well-qualified “full doc” borrower with a mid-FICO score of 660+, and property Loan-to-Value (LTV) ratio up to 60%. Conforming 15-year Fixed-Rate loan example is based on $400,000 loan amount at 4.99% (APR 5.19%), Principal and Interest monthly payment (P&I) is $3,161, estimated financial charges: $5,200. P&I payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment.
PROGRAM DETAILS
•LTV up to 95% (MI applies fo LTV > 80%)
•Minimum FICO 660
•“Full Doc” with up to 50% DTI
•W2 or Self-Employed Borrowers
•Purchase Loan, Rate and term, or Cash-Out refinance
•Restrictions apply. Rates are subject to change without notice
EXAMPLE SCENARIO:
Rates as of 09/18/24 and are subject to change. Following examples is for a Purchase for well-qualified “full doc” borrower with a mid-FICO score of 660+, and property Loan-to-Value (LTV) ratio up to 60%. Conforming 30-Year Fixed-Rate loan example is based on $400,000. loan amount at 5.5% (APR 5.63%), P&I is $2,271 estimated loan costs: $5920 . P&I payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment.
EXAMPLE SCENARIO:
Rates as of 09/18/24 and are subject to change. Following examples are for a Purchase FHA 30-year fixed mortgage, for a qualified borrower with a mid-FICO score of 660+, and property Loan-to-Value (LTV) ratio of 96.5%. Example is based on Base Loan amount of $400,000 (total loan amount including UMPIP $415,000) at 5.49% (APR 5.69%), Monthly Payment (PIMI) is $2,490. P&I payment does not include taxes, home insurance premiums, and HOA dues, which will result in a higher total monthly payment. Total estimated loan costs including FHA UFMIP are: $2,800.
PROGRAM DETAILS
•LTV up to 89.9%
•Minimum FICO 680
•“Full Doc” with DTI up to 45%
•W2 employed or Self-Employed Borrowers
•Purchase Loan, Rate and Term, or Cash-Out refinance
•Loans up to $3 Million
•Reserves: 6 to 12 months of PITI
•Restrictions apply
•Rates are subject to change without notice
EXAMPLE SCENARIO:
Rates as of 09/18/24 and are subject to change. The following example is for a Purchase for well-qualified “full doc” borrower with a mid-FICO score of 760+, and property Loan-to-Value (LTV) ratio up to 60%. Jumbo 30-Year Fixed-Rate loan example is based on $1,200,000 loan amount at 5.875% (APR 5.99%) P&I is $8,873, estimated loan costs: $18,000. P&I payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment.
EXAMPLE SCENARIO:
Rates as of 09/18/24 and are subject to change. Following examples are for a Purchase for well-qualified “full doc” borrowers with a mid-FICO score of 740+, and property Loan-to-Value (LTV) ratio up to 60%. Conforming 30-Year Fixed-Rate loan example is based on $400,000 loan amount at 5.875% (APR 6.02%), P&I is $2,366 , estimated loan costs: $6,400. P&I payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment.
PROGRAM DETAILS
•Business Deposits verified by 12-24 months of
Bank Statements
•LTV up 90% for Purchase and R/T AND Cash-Out Refinances.
•Minimum FICO Score 580
•No Business or Personal Tax Returns!
•Available for Primary, Second Homes or Investment Properties
•30-Year Fixed and 5/7/10 ARM options
•Interest-Only payment options.
•Reserves: 6 to 12 Months of PITI
•Loan Amount Limits: $200,000 to $4,000,000
EXAMPLE SCENARIO:
Rates as of 09/18/24 and are subject to change. The following example is for Purchase with 24 months business statements, averaging deposits to meet 43% DTI, a borrower with a mid-FICO score of 760+ and ACH direct payments, and property Loan-to-Value (LTV) ratio up to 60%. A 30-Year Fixed-Rate loan example is based on a $400,000 loan amount at 6.25% (APR 6.56%), P&I is $2,463 estimated loan costs: $11,950. Rates are subject to change. PI payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment.
Available in California and Florida
PROGRAM DETAILS
•Business Deposits verified by 12-24 months of
Bank Statements
•LTV up 90% for Purchase and R/T AND Cash-Out Refinances.
•Minimum FICO Score 580
•No Business or Personal Tax Returns!
•Available for Primary, Second Homes or Investment Properties
•30-Year Fixed and 5/7/10 ARM options
•Interest-Only payment options.
•Reserves: 6 to 12 Months of PITI
•Loan Amount Limits: $200,000 to $4,000,000
EXAMPLE SCENARIO:
Rates as of 09/18/24 and are subject to change. The following example is for Purchase with 24 months business statements, averaging deposits to meet 43% DTI, a borrower with a mid-FICO score of 760+ and ACH direct payments, and property Loan-to-Value (LTV) ratio up to 60%. A 30-Year Fixed-Rate loan example is based on a $400,000 loan amount at 6.25% (APR 6.56%), P&I is $2,463 estimated loan costs: $11,950. Rates are subject to change. PI payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment.
Available in California and Florida
PROGRAM DETAILS
•Business Deposits verified by 12-24 months of
Bank Statements
•LTV up 90% for Purchase and R/T AND Cash-Out Refinances.
•Minimum FICO Score 580
•No Business or Personal Tax Returns!
•Available for Primary, Second Homes or Investment Properties
•30-Year Fixed and 5/7/10 ARM options
•Interest-Only payment options.
•Reserves: 6 to 12 Months of PITI
•Loan Amount Limits: $200,000 to $4,000,000
EXAMPLE SCENARIO:
Rates as of 09/18/24 and are subject to change. The following example is for Purchase with 24 months business statements, averaging deposits to meet 43% DTI, a borrower with a mid-FICO score of 760+ and ACH direct payments, and property Loan-to-Value (LTV) ratio up to 60%. A 30-Year Fixed-Rate loan example is based on a $400,000 loan amount at 6.25% (APR 6.56%), P&I is $2,463 estimated loan costs: $11,950. Rates are subject to change. PI payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment.
Available in California and Florida
PROGRAM DETAILS
•LTV up 75% for Purchase and Rate & Term Refinance. Up to 65% for Cash-Out Refinance.
•Minimum FICO credit Score: 640+
•No income or employment Documentation Required
•Just One Month bank statement for Proof of Funds
•Available for primary and second homes
•30-Year Fixed and 5/7/10 ARM options
•Interest-Only payment options.
•Reserves: 12 to 24 Months of PITI (Based on borrower’s
FICO) – Cash-Out funds can be used as reserves!
•Loan Amount Limits: $200,000 to $3,000,000
EXAMPLE SCENARIO:
Rates as of 09/18/24 and are subject to change. The following example is for a Purchase loan in L.A County for a borrower with a mid-FICO score of 760+, 3 months of PITI in reserves, and property Loan-to-Value (LTV) ratio up to 60%, For 30-year Fixed option, loan amount of $400,000 at 8.75% (APR 9.08%), P&I is $3,146, estimated loan costs: $11,900.
Available in California and Florida
PROGRAM DETAILS
•LTV up 75% for Purchase and Rate & Term Refinance. Up to 65% for Cash-Out Refinance.
•Minimum FICO credit Score: 640+
•No income or employment Documentation Required
•Just One Month bank statement for Proof of Funds
•Available for primary and second homes
•30-Year Fixed and 5/7/10 ARM options
•Interest-Only payment options.
•Reserves: 12 to 24 Months of PITI (Based on borrower’s
FICO) – Cash-Out funds can be used as reserves!
•Loan Amount Limits: $200,000 to $3,000,000
EXAMPLE SCENARIO:
Rates as of 09/18/24 and are subject to change. The following example is for a Purchase loan in L.A County for a borrower with a mid-FICO score of 760+, 3 months of PITI in reserves, and property Loan-to-Value (LTV) ratio up to 60%, For 30-year Fixed option, loan amount of $400,000 at 8.75% (APR 9.08%), P&I is $3,146, estimated loan costs: $11,900.
Available in California and Florida
PROGRAM DETAILS
Conforming and High Balance Conforming Purchase mortgage for W2 earners with no investment properties can be funded within 14 days from receipt of a complete loan package. Some loans may take longer to fund. Rates and turn times are subject to change without notice.
