Porfolio Loans

Portfolio Lending Overview
 
Flexible Programs For Non-Traditional Borrowers
You can now benefit from the resources and products that my larger company is able to provide. This includes providing Portfolio Lending products, built specifically for borrowers with non-traditional lending needs, for example, self-employed clients and clients with unique financing scenarios that we can help put on the path to homeownership.
 



Portfolio 1-Year Tax Return Product
• Self-employed borrowers
• Loan amounts to $3.5M
• LTV up to 70%
• Purchase, rates and term refi, and refi with cash out
 
Portfolio Depletion of Assets Products
• High net-worth borrowers with significant liquid assets in combination with verified household income
• Full-doc required
• Loan amounts of $4M
• LTV up to 80%
• Purchase, rates and term refi, and refi with cash out
 
Portfolio Bank Statements Product
• Self-employed borrowers with 12 months of personal or business bank statements
• If business account, borrowers must be at least 50% owner and available assets will be limited to his/her percentage of ownership
• Loan amounts of $3.5M
• LTV up to 70%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Portfolio Foreign National Product
• U.S. citizens working in a foreign country with U.S. credit, or a Foreign National: permanent resident alien, nonpermanent resident alien, non-resident alien, work visa/no work visa from Canada, Mexico, Europe, United Kingdom, China, Japan, New Zealand, Australia
• Full-doc required
• Purchase, rate and term refi
 
Portfolio Full-Doc Product
• Loan amounts to $4M
• LTV up to 80%
• Full-doc: Purchase, rate and term refi, and refi w/cash out
 
Portfolio Substantial Asset Product
• Borrowers with high net-worth, significant liquid assets, qualified assets, and eligible assets to purchase/refi with cash but chose to finance
• Jumbo loans only up to $3.5M
• LTV up to 70%
• Purchase, rate and term refi, refi w/cash out