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New California Conforming Limits
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Number of Unit |
New Limit
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1 |
$417,000 |
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2 |
$533,850 |
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3 |
$645,300 |
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4 |
$801,950 |
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•100% financing with no verification
of income.
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•100% financing with
no mortgage insurance. The entire payment is deductible.
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•100% financing for
1-4 unit investment properties with no mortgage insurance.
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•First time home buyer
programs up to 100% financing
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•Cash out up to
$1,000,000
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•Option ARM starting
at 1.25%
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•Equity lines of
credit at:
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–100% on Purchase and
cash out refinance
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–Non-owner Occupied to
90%
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–Credit line up to
$500,000
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–Stated income to 95%
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–Non owner stated
income to 85%
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–4 unit properties to
90%
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–4 units stated income
to 85%
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–Fico score as low as
620 to 95%
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–Back end ratio to 50
%
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•Sub prime loans up to
100% financing
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•Purchase loan program
that allows up to 6% seller contribution
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•Up to 4 million
dollars
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•Loans up to 1.5
million with combined loan to value of 100%
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•Our conforming rates
are lower than any major lender! Just compare.
Credit
Challenges?
Loan Programs
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 Simple
Program
NOW
Non Owner
Occupied CLTV to 100%.
All documentation types.
Loan sizes to
$2M. Interest Only.
95% LTV investment property.
80% LTV stated income to $1M.
95% LTV No Documentation.
Our most aggressive loan product to date.
No seasoning requirement, use
appraised value.
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ALT-A
Expanded
No MI at any LTV.
Stated Assets.
Up to 55
DTI.
580 score to 95%. Interest Only.
Debts paid at closing are not
considered cash out.
Bankruptcy buyout to 90%.
NOD or foreclosure > 12 months
to 95%.
Assets stated for all product types and credit tiers.
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Progressive
SubPrime
No MI at any LTV. Ignore CCCS.
Bankruptcy buyouts.
Stated income BFS & W2. Credit scores from
500.
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Manufactured
Subprime manufactured borrowers are welcome under
this loan program.
Credit scores as low as 580.
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FREE CREDIT
RESTORATION COURSE
(Same strategies that "credit repair services" use, and charge up
to $3500.) |
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Documents
Checklist
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Call us at
866-338-FUND (3863) |
Send us your request
GL BAL
Investment & Funding
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01/29/08
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© COPYRIGHT 2006 ALL RIGHTS
RESERVED GLOBAL INVESTMENT & FUNDING
Licensed by California Department of Real Estates, Broker License #
00973859
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