It is with great excitement that we announce the release of our newly created niche program, The Expanded Plus Program.
In essence, to ensure all borrowers are receiving their fair share of mortgage financing while expanding our pipeline potentials, we are offering this program to allow you to be able to purchase that property you always wanted or be able to refinance your property.
Highlights of this program include:
- Loan Amounts up to $2,500,000
- Bank Statements showing considerable assets vs. the use of Tax Returns and 4506 results
- Asset Depletion Option to lower the existing DTI
- First Time Home Buyer’s welcome
- Non-Occupied Borrowers accepted (truly blended ratios)
- Fico Scores as low as 660
- DTI (debt to income ratio) can exceed 65%,
- Most Derogatory Credit (Bankruptcy, Foreclosure, etc) requires only 12 Months Seasoning
- Up to 10 Financed Properties
- Gift Funds Accepted
- Salaried, Commissioned & Self Employed Borrowers accepted
- Interest Only Option
Please see contact us for more information about this new and exciting loan program.