For borrowers with good credit history, but without the assets for a large down payment. Whether they just need a little more home for their money, a second home or an investment property, high-LTV doesn’t have to equate with high-risk.
Broker Non-Delegated
Angel Oak – PLATINUM
• Just Missed agency fallout
• Perfect for SE borrowers using bank statements for income
• Borrowers with a major credit event between 4-7 year
Angel Oak – PORTFOLIO SELECT
• Perfect for Borrowers With High Net Worth and Significant Assets
• No other income required
Sprout Mortgage – Premier Jumbo E1
• 90% SFR Purchase to $1M
• Cash-out can be used to meet reserve requirement
• Gifts OK
• 1x30x12 OK on mortgage
• 1 appraisal up to $1.5M
• No MI on any product
Sprout Mortgage – Jumbo Prime (J10)
• DTI up to 50%
• Non-Warrantable/Condotel OK
• 3 months reserves up to $1M
• Cash-out can be used to meet reserve requirement
• Gifts OK
• 1x30x12 OK on mortgage
• 1 appraisal up to $1.5M
• Foreign Nationals permitted
• No MI on any product