Low Credit Score Options!
We say "YES!!"
10% down second homes/vacation homes to $1.5M loan amount - no MI (most lenders are at 20% down min.)
Credit scores down to 610, even on Jumbo Loans - most lenders are at 620 to the conforming loan amounts and then 680 jumbo
Only 4 years BK, foreclosure, short sale - most lenders are at 7 years on Foreclosure
UNLIMITED homes for investors - most lenders limit investors to 6 to 10 properties
DTIs up to 55%, even on jumbo - most lenders limit conventional to 50% and jumbo to 43%
100% Gifts allowed - most lenders requires at least 5% of the borrower's own funds
Non-warrantable condos- 100% investor OK- Condotels OK - Litigation OK on a case by case basis although structural is difficult - most lenders simply don't do those loans at all
Please contact me for more details.
We say "YES!!"
10% down second homes/vacation homes to $1.5M loan amount - no MI (most lenders are at 20% down min.)
Credit scores down to 610, even on Jumbo Loans - most lenders are at 620 to the conforming loan amounts and then 680 jumbo
Only 4 years BK, foreclosure, short sale - most lenders are at 7 years on Foreclosure
UNLIMITED homes for investors - most lenders limit investors to 6 to 10 properties
DTIs up to 55%, even on jumbo - most lenders limit conventional to 50% and jumbo to 43%
100% Gifts allowed - most lenders requires at least 5% of the borrower's own funds
Non-warrantable condos- 100% investor OK- Condotels OK - Litigation OK on a case by case basis although structural is difficult - most lenders simply don't do those loans at all
Please contact me for more details.