Alt-A Premier

This Non-QM loan program is an excellent solution for the Agency Fallout Borrower. Self Employed, ITIN, Fulland Alternative Income Doc accepted (P&L Only, Bank Statements, Ready Asset (NIVA) or Asset Depletion).

SUBMIT SCENARIO GET RATES

Program Highlights


Property Types:

  • SFOO/2nd Home
  • Warrantable & Non-Warrantable Condos
  • High Rises over 5 stories requires prior approval

Income History:

  • 12 Month Income Documentation (Business or Personal)

Trade Lines:

  • LTV 80.01 – 85%:
    • Requires 5 tradelines
    • min 12 month history
    • 1 must have 24 month history
    • 1 must have a min credit limit of $3,000
    • Authorized user accounts do not qualify
  • LTV up to 80%
    • Requires 3 Tradelines with a min of 12 months history or
    • 2 Tradelines with a min of 18 months history
    • Authorized user accounts do not qualify

Max DTI:

  • up to 55% with compensating factors
  • Max LTV:
  • 85% LTV available*
  • 80% LTV for 2nd Home/Condo

*Property condition of C3 or better in CA, CT, IL, NJ & NY

Cash out Refinance:

  • Max 75% LTV
  • Not available in TX

Gift Funds:

  • 100% Gift Funds allowed up to 80% LTV

A Sample of Recent Closings

$475,300 – ITIN Borrower, Bank Statement Program, Washington

$440,000 – Self-Employed, Bank Statement Program, Texas

$370,000 – Self-Employed, Bank Statement Program, 2nd home w/100 acres, Colorado

$345,000 – ITIN Borrower, Bank Statement Program, Massachusetts

$344,000 – ITIN Borrower, Bank Statement Program, Alt-A Pricing, Maryland

Want to talk to a member of our team? Call 1-800-400-5451