The Amres
Full Doc 1-2yr
Program
Calling all self-employed borrowers, small business owners and other individuals in need of a short term loan. The Full Doc 1-2 year loan is a great option for those who are looking to purchase and/or renovate a property while being able to avoid high interest on payments.
Full Income Documentation is available to borrowers with jumbo loans and conforming/government loans that fall just outside the parameters for Qualified Mortgages. Borrowers with over 50% DTI, recent bankruptcy, short sale, foreclosure and lates on mortgages can still qualify for loans with the non-QM loans.
Bring all of your fallouts to Amres and let us find the right home for you or your clients. Secondary and Investment property rates and costs are generally priced better currently with agency rates having big hits to LLPAs. Have your A/E run pricing for your scenario and see the added benefits of these types of loans.
Product Features
Minimum of 600 FICO
Loans up to $4 Million for primary to 70% LTV
Loans up to $4 Million for Secondary to 70% LTV
Loans up to $4 Million for investment to 70% LTV
Purch-R/T up to 90% LTV
Cash Out up to 85% LTV
1 year limited doc option available
Recent credit events allowed
ARMs and io options available
Multiple financed properties allowed
