Lower documentation loan programs for easier and quicker approvals
Option ARM
Choose your payment, as low as 1.0%
$650,000 Loan Amount |
Minimum Payment |
$1,643.56 |
All-Interest Payment |
$3,243.50 |
40-Year Full Payment |
$3,570.95 |
30-Year Full Payment |
$3,892.07 |
No Income No Assets (NINA)
- The borrower does not disclose income on the application.
- Assets (bank account etc.) are not disclosed on the application.
- Employment is verified by phone only, without reference to income.
- Primary residence, second home and investment properties.
- FICO credit scores as low as 620
- Cash-out refinance available
- Up to 100% financing available
No Income Verified Assets (NIVA)
- The borrower does not disclose income on the application.
- Assets (bank account etc.) are disclosed and verified.
- Employment is verified by phone only, without reference to income.
- Primary residence, second home and investment properties.
- FICO credit scores as low as 620
- Cash-out refinance available
- Up to 100% financing available
No Ratio or No Doc
- All employment and assets are left blank on the loan application
- Primary residence, second home and investment properties.
- FICO credit scores as low as 620
- Cash-out refinance available
Misc. Loan Products
Home Equity Line of Credit (HELOC)
- No closing costs, absolutely no fees at all
- No initial draw required, use the account only when needed
- Up to 100% of loan to value
- Up to $1,000,000 line
- Stated income
- Low rates
- Can be used with a First Mortgage for 100% financing
Fixed Second Mortgages
- No closing costs, absolutely no fees at all
- Up to 100% of loan to value
- Up to $1,000,000 line
- Stated income
- Low rates
- Can be used with a First Mortgage for 100% financing
Sub-Prime (Credit Problems)
- 40 year loans
- Interest only available
- Fixed rates or variable
- 100% LTV FICO as low as 580
- Stated income for self employed as low as 500 FICO
- One day out of bankruptcy
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