| Foreign National | |
| Credit | |
| Max LTV | 75% |
| FICO | N/A |
| Loam Amount | |
| Minimum | $ 100,000 |
| Maximum | $ 1,500,000 |
| Debt Ratios | |
| Max DTI | 50%/N/A |
| Enhanced DTI (to 50%) | N/A |
| Enhanced DTI (to 55%) | N/A |
| Income Documentation | |
| Full Doc | √ |
| Asset Depletion | √ |
| 24 Month Personal Statements | Not Allowed |
| 24 Month Business Statements | Not Allowed |
| 1 Year Alt Doc | Not Allowed |
| 12 Mo Personal Bank Statements | Not Allowed |
| Product Type | |
| 5/1 ARM | √ |
| 7/1 ARM | |
| 30 Year Fixed | √ |
| Interest Only | √ |
| Mortgage History | 1x30x12 |
| Bankruptcy Seasoning | 24 months |
| FC/SS/DIL Seasoning | 24 months |
| Residual Income | N/A |
| Marketing Points | Borrowers from other parts of the world looking to buy or refinance in the U.S. Includes 2nd Home & Investment Property Occupancy Options Best for: • Foreign clients with a valid passport and an unexpired Visa. • Visa types accepted: B-1, B-2, H-2, H-3, J-1, J-2, O-2, P-1, P-2 and I • 3/1, 5/1 and 10/1 ARM options • SFR, Condo, Non-Warrantable Condo, 2-4 Units |
| Operation Points | Scenario Desk: |
| Product Pricing Tool: https://deephavencorrespondent.pricerone.com |
Deep Haven:
Heather Carrico
Direct: 704.885.5064
Email:hcarrico@deephavenmortgage.com
Deep Haven Scenario Desk:
704-628-4109
scenario@deephavenmortgage.com
Nations Scenario Desk:
Susanna Carouthers
Direct: 330-338-7785
suzanna.carouthers@nationslending.com
