Majestic Invest

Product Highlights

660

Minimum FICO*

80%

Max LTV
(Purchase / Rate & Term Refi)

75%

Max LTV
(Cash-Out Refi)

* Minimum 660 FICO is not available for P&L Doc option

Additional Details

– Various Doc Type Available: DSCR, Asset Depletion, P&L Only, Bank Statement Only
– 5/6 ARM, 30 Year Fixed Available
– 12 Month Seasoning on FC/SS/DIL/BK7-13 (1 Mortgage/12m Late Allow)
– Maximum Loan Amount $ 3 Million


Program Codes

– Full Doc: MI56, MI30
– 12 Months Bank Statement: MI5612, MI561IO12, MI3012
– 24 Months Bank Statement: MI5624, MI56IO24, MI3024
– P&L: MI56PL, MI56IOPL, MI30PL
– Asset Depletion: MI56AD, MI56IOAD, MI30AD
– DSCR: MI56DS, MI56IODS, MI30DS