ADVANTAGES OF NON-TRADITIONAL LOANS

• Income Documentation Is Not Required: A bank statement loan allows you to use monthly deposits as income instead of having to provide complicated tax returns or W-2s
• Flexible Debt Ratios: Many non-traditional loans are equity-based instead of traditional debt based. As long as you have the equity, then we should be able to get you approved
• Shorter Waiting Periods: Most non-traditional loans don’t have long waiting periods, and many can close in as few as 3-5 business days

SOME OPTIONS FOR NON-TRADITIONAL LOANS:

• Bank Statement Loan
• Portfolio Loan
• Purchasing or Refinancing
• Private Financing

REQUIREMENTS FOR NON-TRADITIONAL LOANS

In order to get approved for a non-traditional loan, you should either be trying to purchase a home in the near future or trying to refinance. If you want to make a home purchase, then your first step is to get preapproved. If you’re looking to refinance, then the requirements may differ from those related to a home purchase.

FHA 100% FINANCING

• Standard FHA 1st with a Silent 2nd
• 620 Minimum FICO
• Income Limits Apply — Contact for Details

PLATINUM JUMBO

• 95% LTV to $1.5M FULL DOC / 90% to $2.5M ALTDOC (Bank Statements)
• NO DOLLAR LIMIT on CASHOUT!
• Up to 80% LTV on IP CASHOUT (Including 2-4 Units!!)
• Will Consider Non-Warrantable Condos!
• At 80% LTV, ENTIRE DP can be a gift!!
• 30Y / 15Y / 5.1 ARM / 30 YW / 10 YIO Available!
• 1YR TAX RETURN Feature as well!!

To learn more about Non-Traditional loans, please contact USA Financial Consultants.

Your New Home Is Calling