Alt-Choice Overview

  • LTVs up to 95%
  • FICOs down to 500
  • Loan amounts to $5M
  • DTI up to 55%
  • Primary, 2nd home & Investment properties
  • Interest Only option available – Up to 40 year term
  • Non-warrantable condos available
  • One day out of BK, FC, Short sale, DIL
  • Lending Solutions for Financial Hardship
  • Bank Statements up to 90% LTV (12 & 24 mos bank statements)
  • P&L Program: Qualify with 2 mos of business bank statements – needed to support 12 and 24 mos P&L (P&L prepared by licensed CPA, must provide proof of current CPA State License)
  • Foreign National up to 75% LTV: 620 min FICO / Foreign credit
  • WVOE only program up to 80% LTV: No W2’s, No Tax Returns, No 4506T, No Paystubs
  • Investor Solutions: No income, No ratios (only LTV, FICO & DSCR required), can close as corporation or LLC, unlimited number of financed properties, up to 80% LTV
  • Asset Utilization: Use liquid assets to qualify (checking, saving, stocks, IRA, 401K)
  • And much more…