With this program you’ll have the edge with competitive rates, simplified guidelines, and fast closings on 30-year fixed.

Loan Parameters:

• Minimum Credit Scores 680 for Primary and 720 for investment
• Loan amounts up to $2 Million
• Primary, Secondary Residences and Investment
• Down payment 10% for primary owner, 20% for second home and 25% for Investor (**for refinance; 90/80/75% loan to value)
• No Mortgage Insurance required
• Available for Purchases and Rate/term Refinance.
• No extra reserves required
• Single Family Residence, Town home or Warrantable Condo acceptable
• U.S. Citizen, Permanent Resident alien or qualified alien with work visa
• 15 or 30 year terms with fixed rates. Also 5, 7 or 10-year adjustable rate mortgages
• Only one appraisal required for loans up to $2M
• Debt to income ratios up to 45%
• No prepayment penalties
• Seller Contributions up to 3% of the loan amount