For borrowers who need to keep control of their cash flow and keep costs low in the short term. Small business owners, investors and those whose income relies heavily on bonuses or commission checks should consider the Interest-Only Program.

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/Condo 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

Sprout Mortgage – Standard Bank Statement A10

• 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
• No MI on any product

Sprout Mortgage – Asset Optimizer (A11)

• DTI up to 50%
• Assets do NOT need to be liquidated or tied to the mortgage
• 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

Sprout Mortgage – Debt Service Coverage I10

• Investments only
• Non-Warrantable 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