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Jumbo & Non-QM Highlights

NEW - “D/U” Jumbo Programs with Interest Only Option

  • As low as $0 reserves, per D/U findings to 90%​
  • Up to 45% DTI to 80% LTV
  • Follow D/U findings for Income & Reserves
  • Interest Only 75% to $2,000,000 (qualify with 20 year amortization)
Guidelines

 Ruby Tuesday - 7 & 10 Year ARM’s from 2.250%

  • For your most rate sensitive borrowers
  • Primary Residence Only
  • Loan amounts to $2,500,000
  • Max 43% DTI - Cash out max 38% DTI
GUIDELINES

I-VIP - Bank Statements I/O 40 Year Amortization to $4.0M

  • No P&L required, simple one expense ratio applied
  • No CPA letters needed
  • Up to 55% DTI by exception
  • Loan amounts to $4,000,000 @ 70% LTV
  • 85% LTV to $1,500,000 with Interest Only Option
  • Hi-Rise condo’s OK & Fannie limited condo review OK!!
guidelines

Select - Interest Only Jumbo Fixed from 3.250%

  • Interest Only Option first 10 years
  • 50% DTI OK w/720+ FICO
  • 100% gift OK to 80% to $1.5M
  • 1 appraisal to $2MM on purchase transactions
  • Combine with Asset Depletion – see below
  • Up to 10 financed properties (by exception only)
guidelines

Select - Asset Depletion to $2M from 3.375% - Interest Only Option

  • 30-year fixed with Interest Only Option
  • OK to use IRA’s if under 59.5 years old
  • OK to use stocks, bonds and other liquid assets
  • Up to 50% DTI with 720+ FICO score
  • 6 Mo. delayed financing treated as R/T – All cash-out OK
  • Combine asset depletion with regular W-2, retirement etc., OK
guidelines

I-VIP - No Doc DSCR Non-Owner from 3.99%

  • 80% to $1,500,000
  • Interest Only payments and qualifying
  • 30-year fixed with first 10 years Interest Only​
  • Loan amounts to $3MM+
  • DSCR as low as .75
guidelines

Download Page
  • Home
  • TODAY'S RATE SHEETS
  • Products
    • Conventional
    • Jumbo Programs
    • Bank Statement
    • Investor DSCR
    • Asset Qualifier
    • FHA / VA
    • Address TBD
  • Resources
    • Forms & Docs
    • Appraisal Services
    • Announcements
    • Guidelines
    • Rates >
      • AGENCY/JUMBO ARCHIVES
      • NON-QM ARCHIVES
    • Turn Times
    • Funding Calendar
    • Blog
  • Get Approved
  • About
    • COVID 19
    • Why WesLend?
    • Where We Lend
    • Testimonials
    • Contact
    • Careers
  • Broker Login