Loans

FD: Full Doc Loan

Designed for those who have a checking or savings account and can verify that they do have some sort of assets set aside for a down payment.

  • Income is disclosed and verified.
  • Assets (bank account etc.) are disclosed and verified.
  • Employment is verified by phone.
  • Primary residence, second home and investment properties.
  • FICO credit scores as low as 500
  • Cash-out refinance available
  • Up to 100% financing available.

SIVA: Stated Income Verified Assets Loan

Designed for those who can't verify income with traditional documentation (such as a W-2 or a high net schedule C balance on their tax returns).

  • The borrower states income on the application but income is not verified.
  • Assets (bank account etc.) are disclosed and verified.
  • Employment is verified by phone only, without reference to income.
  • Primary residence, second home and investment properties.
  • FICO credit scores as low as 525
  • Cash-out refinance available
  • Up to 100% financing available

SISA: Stated Income Stated Assets Loan

Designed for those who can't verify income with traditional documentation and or are just plain broke and don't have any money.

  • The borrower states income on the application but income is not verified.
  • Assets (bank account etc.) are stated on the application but not verified.
  • Employment is verified by phone only, without reference to income.
  • Primary residence, second home and investment properties.
  • FICO credit scores as low as 525
  • Cash-out refinance available

NINA: No Income No Assets Loan

Designed for those who can't even make a reasonable stab as stating income or stating assets.

  • The borrower does not disclose income on the application.
  • Assets (bank account etc.) are not disclosed on the application.
  • Employment is verified by phone only, without reference to income.
  • Primary residence, second home and investment properties.
  • FICO credit scores as low as 620
  • Cash-out refinance available

NIVA: No Income Verified Assets Loan

Designed for those who can't verify income with traditional documentation, typically those who are self-employed. Unlike a stated income loan, the lender will leave the income category blank instead of placing a number in the income section of the application.

  • The borrower does not disclose income on the application.
  • Assets (bank account etc.) are disclosed and verified.
  • Employment is verified by phone only, without reference to income.
  • Primary residence, second home and investment properties.
  • FICO credit scores as low as 620
  • Cash-out refinance available

No Ratio or No Doc Loan

Designed for those without verifiable employment, income, or assets.

  • All employment and assets are left blank on the loan application
  • Primary residence, second home and investment properties.
  • FICO credit scores as low as 620
  • Cash-out refinance available

Subprime Loan (Credit Problems)

Designed for borrowers who do not qualify for the best market interest rates because of their deficient credit history.

  • 40 year loans
  • Interest only available
  • Fixed rates or variable
  • 100% LTV FICO as low as 580
  • Stated income for self employed as low as 500 FICO
  • Bankruptcy and Foreclosure buyouts