Niche Jumbo Products & Non-QM Snapshot
7 & 10 yr ARM’s from 2.250%
- For your most rate sensitive borrowers
- Primary Residence Only
- Loan amounts to $2,500,000
- Prime borrower profiles only
- Max 43% DTI - Cash out max 38% DTI
Simple I-VIP Bank Statement Solution
- No P&L Required
- 1 Simple expense ratio applied to bank statements for all business profiles
- Appraisal Waiver up to $1,000,000 on R/T Refinances
- Loan Amounts to $3,500,000
- Interest Only 30 Year Fixed Program Available
Interest Only Jumbo fixed from 3.375%
- Interest Only Option first 10 years
- 50% DTI OK w/720+ FICO
- 100% Gift OK to 80% to $1.5M
- Recently listed refinances ok to 70%
- Appraisal to $2mm on purchase transactions
Asset Depletion to $2M from 3.375%
These programs allow combining regular income sources with asset.
- 30 Year Fixed with Interest Only Option
- OK to use IRA’s if under 59.5 Yrs. Old
- OK to use Stocks, Bonds and other financial assets
- Up to 50% DTI with 720+ FICO score
- 1 Appraisal on purchases to $2,000,000
- Delayed Financing treated as R/T – All Cash Out OK
No Doc Non-Owner from 4.25%
- Interest Only Payments and Qualifying
- 30 Year Fixed with first 10 years Interest Only
- No Prepay Penalty programs available
- Loan Amounts to $3mm+
- DSCR as low as .75
