Loan Product Overview

Private Money Loans

            Asset based / Cross collateralization available

            In house appraisal for most loans

            Fast turnaround

            Up to 65% Loan to value (80% for fix and flip – available)

            Foreign nationals 50% Loan to value (up to 60% on exception)

            Minimum fee may apply

Conventional

            3% down payment now available in Arizona
            1 Unit investment properties to 80% LTV

            2 – 4 Units to 75% LTV

            Homepath – up to 90% LTV (1 Unit), No Mortgage Insurance

Portfolio Product

            Pricing similar to conventional

            Allow for multiple title changes in less than 90 days

            Up to 95% LTV (minimum credit score for Mortgage Insurance)

FHA    

            Traditional FHA products minimum down payment 3.5%

            2-1 Buy down

            FHA ARM with 1% annual cap
            203(k) Streamline refinance or purchase - add upgrades in one loan

HUD $100 program

            Qualifying properties - owner occupied with $100 down payment

Jumbo

            75% to 850,000

            70% to 1,500,000

            5/1 and 7/1 ARM (Interest Only – available)

            No Asset verification

Commercial

            Multi-family

            Retail – income producing properties

            Office

            Industrial