In this ever-changing mortgage market, we are always working to enhance, expand, and update our products and programs to meet your needs, and the needs of your borrowers.
Please call us to discuss your loan scenario, and we'll tell you how we can help you.
Call to learn about our rates!
Primary Residence
90% LTV max
Maximum DTI is 45%
Minimum FICO is 700 (720 minimum for all loans above 80% LTV)
6 months PITI required
Full Documentation required
No foreclosure in the past 7 years
No bankruptcy in the past 5 years
Investment/2nd Home
75% LTV, 75% LTC
Maximum DTI is 45%
Minimum FICO is 720
12 months PITI required
Full Documentation required
No foreclosure in the past 7 years
No bankruptcy in the past 5 years
Maximum number of financed properties is 4
2 X Close: Two-time construction closings are often a great alternative for non-traditional borrowers, or borrowers who would like to review a larger variety of permanent mortgage options after their home construction is completed.
In the current lending environment, many 1 X Construction loans have been eliminated or pared down. Our 2 X Close product offers your customers the ability to finance their construction with minimal money down, and allows them to keep their options open for their permanent mortgage.
