This mortgage product is ideal for borrowers who are self employed, commissioned or have complicated income sources, as well as varied asset resources. A variety of Fixed and ARM programs are available to borrowers who meet certain credit and down payment/equity requirements.
• Income and Asset verification is not required. You must state your annual income.
• Loan amounts up to 65% of property value. The property must be owner-occupied
• Middle credit score of 720 required
• Maximum loan amount is $1 million