Here are some details about this program…
· Up to 90% LTV
· No 1040’s, no 4506T, no prepay, No MI, no reserves, 100% gift funds allowed
· 24 months Business statements – if sole owner: use 50% deposits
· 24 months Personal statements – if sole owner: use 100% deposits
· Owner Occupied – min 600 FICO
· 50%Max DTI
· Max of 6 NSF’s in the last 12 months
· All owners on bank statements must be put on loan
· Higher middle score between borrowers on bank statements used
That’s it for today!
Have a good day today! …and thanks for reading.
Brett
I’ve written about this before, but we have more and more people passing the age…
I had this situation come up again last week, and I wanted to address it…
One of the most important things you will have to do when you apply for…
I wanted to remind you that we have a 2% to 5% downpayment and closing…
If you receive money from the State or a County sponsored organization for providing foster…
Do you have investment property, and would like to pull cash out of your property?…
