Term Loans

Alt-A & Non-Prime Term Loans for Primary Residences & Second Homes and Investment Properties
(Investors Can Take Title as Individuals or Entities...LLC's, Corps, Sub-Corps Etc.)

Term Loans

Alt-A & Non-Prime (TRID) Loans are underwritten in a traditional manner following ATR (Ability-to-Repay) rules. Investor (Non-TRID) Loans are underwritten for business purposes not using ATR rules (DTI, DSCR or No Doc).

    • Primary Residence and 2nd Home to 95% LTV
    • Non-Owner Occupied to 80% LTV (No Doc to 75%)
    • N.O.O. Take Title as Individuals or Entities (LLCs, Corps...)
    • 3/1, 5/1 & 7/1 ARM's and 15, 30 & 40 Year Fixed
    • 30 & 40 Year Interest Only Options
    • Alt-Doc Options (Investor No Doc Option)
    • 500 Minimum FICO Score
    • $250,000 to $5,000,000
Term Loan Alt-Doc Options

Option 1 -

ALT-A & NON-PRIME (TRID)

    • 12 & 24 Month Full Doc
    • 12 Mo. Personal Bank Statements 
    • 3 & 24 Mo. Personal & Business Bank Statements 
    • Asset Depletion w/ 24 Mo. Full Doc

Option 2 -

INVESTOR (NON-TRID)

    • 12 & 24 Month Full Doc
    • 12 Mo. Personal Bank Statements 
    • 3 & 24 Mo. Personal & Business Bank Statements 
    • Asset Depletion w/ 24 Month Full Doc
    • No Doc (No Stated Income, No DTI & No DSCR)