3 Months Bank Statements

Product Highlights

700

Minimum FICO

80%

Max LTV
(Purchase / Rate & Term Refi)

70%

Max LTV
(Cash-Out Refi)

 

*with Minimum FICO 680, Max LTV 75% for Purchase, and Rate & Term, and Max LTV 65% for Cash-Out

Additional Details

– 3 Months Business Bank Statements
– No 4506-C / No Tax Transcripts / No Tax Returns
– Loan Amount Up to 1 Million
– Purchase, Rate & Term Refinance, Cash-Out Refinance Available
– No Reserve Requirements for Rate & Term Refinance and Cash-Out Refinance
– Gift Funds Allowed
– 50% Expense Factor without P&L
– AVM(Automated Valuation Models) Available with Rate & Term Refinance and Cash-Out Refinance


Program Codes

– 5/6 ARM: MEP563
– 30 Year Fixed: MEP303