• Jumbo alternative with I/O options
• 1 year income verification option available
• Shorter waiting periods for derogatory credit events such as BK & foreclosure
• Loan amounts up to $3MM | Cash out up to $2.5MM
• No seasoning requirement for cash-out
• Multiple term options:
  • ARM*: 5/1, 7/1, 10/1
  • Fixed: 15, 30
  • 40 Year Fixed I/O
• 40 year interest only option available*
• 1 year income verification acceptable
• Only 1 appraisal required when loan amount is ≤ $1.5MM (LTV ≤ 75%)
• Cash out from subject property may be used towards reserves**
• Gift funds allowed for reserves***
• LTV up to 90% | Min. FICO 680
• Business funds allowed for down payment, closing costs, & reserves for self-employed borrowers
• Short-term rental properties allowed
• First time home buyers allowed with no LTV restrictions
• US citizens, permanent resident aliens and non-permanent resident aliens allowed

A borrower with a 25% or greater ownership interest in a business is considered self-employed.
All states (including DC) are eligible except DE, ME, MA, WY.
*Interest only options available. No I/O in Illinois.
**Not available in Premier.
***Subject property must be primary or second home