Alt-Choice Product Suite:
Elite | Plus | Flex | EZ-DSCR | Foreign National

Alt-Choice At-a-Glance | Click on the image to view

Reach out to see what we can do for you!

Highlights*

Up to $2.5M loan amounts

  • Min FICO 660
  • Up to 90% LTV
  • DTI up to 50% (43% standard, 50% enhanced)
  • Primary, 2nd Home & Investment Properties
  • No PMI
  • Cash-out up to $1M (N/O/O: $500K max)
  • 5/1, 7/1 ARM, and 30 year Fixed
  • Full Doc (2 years W-2/1099 Income or 2 years tax returns)
  • 12 & 24 mos Personal or Business Bank Statements | CPA created P&L
  • 4 year seasoning: Foreclosure / Short Sale / Deed In Lieu
  • Chapter 7 discharge | Chapter 11, 13 discharge or dismissal
  • 6-12 months reserve requirement, see matrix for details
  • Standard Residual Income Requirements: $2,500 / month + $150 / dependent
* See product matrices for all details | Products subject to change without notice.

Reach out to see what we can do for you!

Highlights*

  • Up to $5M loan amounts
  • Min FICO 620
  • Up to 95% LTV (Investment: 85% max LTV)
  • DTI up to 55% (50% standard, 55% enhanced) | Investment: 50% max DTI
  • Primary, 2nd Home & Investment Properties
  • No PMI
  • Cash-out up to $1M (N/O/O: $500K max)
  • 5/1, 7/1 ARM, and 30 year Fixed
  • Full Doc (2 years W-2/1099 Income or 2 years tax returns)
  • 12 & 24 mos Personal or Business Bank Statements | CPA created P&L
  • Asset Depletion / Asset Utilization available
  • 1 Year Documentation (W-2/1099 or Tax Return) | Self-employed only
  • 3-year seasoning: Foreclosure / Short Sale / Deed In Lieu / Loan Mod / BK discharged: 7, 11, 13
  • Mortgage History: 1x30x12
  • Standard Residual Income Requirements: $2,500 / month + $150 / dependent | Investment Properties: No Residual Income Requirements
  • 6-12 months reserve requirement, see matrix for details
* See product matrices for all details | Products subject to change without notice.

Reach out to see what we can do for you!

Highlights*

  • Up to $2M loan amounts
  • Min FICO 500 (Investment: Min FICO 580)
  • Up to 90% LTV (2nd Home & Investment: 80% max LTV)
  • DTI up to 55% (Investment: 50% max DTI)
  • Primary, 2nd Home & Investment Properties
  • No PMI
  • Cash-out up to $500K
  • 5/1, 7/1 ARM, and 30 year Fixed
  • Full Doc (2 years W-2/1099 Income or 2 years tax returns)
  • 12 & 24 mos Personal or Business Bank Statements | CPA created P&L
  • 1 Year Documentation (W-2/1099 or Tax Return) | Self-employed only
  • 3-12 months reserve requirement, see matrix for details
* See product matrices for all details | Products subject to change without notice.

Reach out to see what we can do for you!

Highlights*

The Best, Simplest and Easiest DSCR in the Industry.

Non-Owner No Income doesn’t have to be difficult | WE MAKE IT EZ to Qualify!

Finally, a DSCR product built by PCF Wholesale that just works. Sound too easy? Exactly! At PCF Wholesale “Built for Brokers” helps you close more loans with our Alt-Choice Product Suite with Ease and Great Pricing!

  • Qualify off the I/O payment (40 yr I/O terms available)
  • No Income / No Reserves (to $1.5M) / No Employment on 1003
  • Gift Funds allowed
  • 80% LTV on Purchases
  • First time Investors to 75% LTV
  • Cash-out to 75% LTV
  • Cash-out can be used for reserves
  • FICO’s down to 600
  • Soft prepayment options
  • Use 100% of the rents in most cases
  • Unlimited properties OK
  • Rates in the 5% range!!
No more LE / CD waiting period**
No more Appraisal delivery waiting period**
No more Intent to proceed waiting period**
No more Tolerance cures**
You can close loans in less than 10 days!**
 

Not approved? No problem! You can submit loans now while your partner approval is being processed! Get started

* See product matrices for all details | Products subject to change without notice.
** PCF Wholesale will continue to prepare/send initial disclosures & follow state rules. A closing disclosure can be prepared prior to docs at brokers request.

Reach out to see what we can do for you!

Highlights*

  • Up to $1.5M loan amounts
  • Up to 75% LTV
  • Cash-out to $500K
  • No PMI
  • Full Doc, Asset Depletion available on Purchase & R/T | Investments: No Income, No Ratios or DSCR
  • Up to 50% DTI with 12 mos reserves
  • SFR, PUD, Townhome, Condo (Warrantable & Non-warrantable), 2-4 Unit
  • No Residual Income Requirements
  • 30 year Fixed, 5/1, 7/1 ARM
  • Mortgage History: 1x30x12
  • Credit: Standard: 3 tradelines reporting for 24+ mos all w/ activity in the last 12 mos | Foreign credit references
  • Interest Only available
  • 2-year seasoning: Foreclosure / Short Sale / Deed In Lieu / Loan Mod / BK discharge: 7, 11, 13
  • Standard Reserve Requirements: Full Doc = 12 Months | No Income, No Ratios = No reserve requirements | DSCR = No reserve requirements
  • Prepayment penalty (3 years) with ability to buy down (2 / 1 / 0 years)
  • DSCR = Gross Income / Proposed PITIA; Gross income = lesser of market rent or lease in place

* See product matrices for all details | Products subject to change without notice.

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