The Homelend Platform
Super Jumbo
Program Highlights
- Full Doc & ALT Doc
- 620 Minimum Credit Score
- 89.99% Max LTV/ CLTV Purchase
- 89.99% Max LTV/ CLTV R&T Refi
- 75% Max LTV/CLTV Cash-Out Refi
- Max Loan Amount $5mm Primary & 2nd Home, Non-Owner $3.5mm
- Max Cash-Out $3.0mm
- IO Option
Borrower Profile
- Mortgage Pay History 0x30x12, Jumbo AUS per DU/LP
- BK/ FC/ SS/ DIL: 48 Months Seasoning, Jumbo AUS per DU/LP
- Max DTI 50%; up to 55% DTI with 680 FICO, Primary, 2 Year Full Doc
- FTHB eligible
- Non-Permanent Resident Aliens eligible
- Non-Occupant Co-Borrowers eligible
- Gift funds allowed
Loan Characteristics
- Full Doc: 1 or 2 Years W2/ Tax Returns, Jumbo AUS per DU/LP findings
- ALT Doc: 12 or 24 Months Bank Statements, 1099, P&L, Asset Depletion
- SFR, 2-4 Units, PUD, Condo, Townhome, Co-op
- Non-Warrantable Condos to $3mm
- Subordinate financing is allowed
CONNECT WITH HOMELEND