The following Loan Terms are No Longer Available

subject to updates

as of 9-12-2008

$1,000,000 Loan - 100% Stated Income    No Longer Available

Now up to $1.5 Mil -

100% Financing up to $1,500,000  - Single Family Homes & 2 to 4 units - Owner Occupied - No Income Verification  (#SF,BF)

95% Financing up to $1,900,000 on  1 to 4 Units - Owner Occupied - No Income Verification (#SF -FHM) 

**97% financing on 2 to 4 units  -- Owner or Non-Owner Occupied - Full Income Verification (#FHA Financing)****

Maximum combined Loans:   ( NIV, No Ratio =Total Liens $4.5 mil. (80% CLTV )

                                                       ( Full Doc =Total Liens $5.7 mil  (100% CLTV )

Available States:

AK, AL, AZ, CA, CO, CT, FL, HI, ID, IL, KY, MA, MD, MN, MO, MT, NE, NM, NV, NY, OK, OR, SC, TN, TX, UT, WA

NOTE: IL, & TX may have different loan limits. - No Cash Out in Texas on refinances - 

--- Intended for consumers, not for mortgage brokers ----

 

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