Response from a retail Bank Rep. after I asked her how many of the below programs they can offer...
Honestly Steve, after reviewing them, I donâ€™t think we can do any of these. We are pretty vanilla, Straight FHA VA conventional. I will keep your flyer and if I run across anyone we can't help I will send them your way. thanks
1) 100% LTV- USDA/12 mo. into Chapter 13 BK is OK
2) 100% LTV- VA/can pay off debts on purchases too
3) 99% LTV- FHA
4) 97% LTV- No PMI/MI and No 1.75% FHA FEE
5) 95% LTV- No PMI
6) 95% LTV- CONDO purchase
7) 90% LTV- No PMI-2nd Home
8) 90% LTV- JUMBO w/cc
9) 85% LTV- NO PMI to Super Jumbo
10) 80% LTV- Invest. Prop.
STATED INCOME ALT loan programs: http://www.StatedIncomeAlt.com
11) 80% LTV- FIX nâ€™ FLIP Invest. Prop.
12) 80% LTV- NEW- Stated Income Alt
13) 75% LTV- NEW- Foreign Nationals- Stated Income Alt
14) 75% CLTV-NEW- after Short Sale, BK or Foreclosure
15) 70% LTV- Soft and Hard Money -Stated Income Alt
17) 55% LOT/VACANT LAND LOANS (by case basis)
COMMERCIAL PROGRAMS (many programs available nationwide)
Pro Option Mortgage/Florida
Ph: 888 662 4404
Prior Service U.S. Marine Corps