For Borrowers With A Bankruptcy, Short Sale, Or Deed-In-Lieu Just Over One Year, Or Multiple 30-Day Mortgage Lates.
- Bankruptcy, Short Sale, Deed-in-Lieu: 12 months seasoning
- Multiple 30s allowed
- 620 min. FICO – all occupancy types
- $1M Cash Out at 80% LTV, $1M Cash in hand
- Up to 15 Financed Properties
- Up to 45% DTI; 50% with 3 months of additional reserves
- Appraisal Transfers Permitted
- Fixed 30, ARM 5/1, 7/1, 10/1 – all with optional Interest Only; Fixed 40 yr Interest Only option
- No Pre-Payment Penalties
- 85% LTV Purchase/Rate Term; 80% Cash Out
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