FlexPlus Loan Features

• Loans Up To Jumbos with a Maximum of $1,000,000
• Credit Scores &ge 540; DTI up to 55%; No Mortgage Ins.
• Piggyback Second Mortgages Available
• Full/Alt Doc
  • LTV up to 100% for Credit Scores ≥ 580
  • 90/100% LTV/CLTV for 560; 85/100% for 540
• Lite Doc
  • LTV up to 100% for Credit Scores ≥ 620
  • 90/100% LTV/CLTV if ≥ 6000; 90% LTV for 580; 80/90% for 540
• Stated Income
  • LTV up to 100% for Credit Scores ≥ 660; 85/100% if ≥ 620
  • 75/90% LTV/CLTV for 560
• No Doc: 95% LTV if ≥ 700; 90% LTV if ≥ 680; 85% LTV if ≥ 660
• 5 Year Interest Only Option Available On all First Liens With 30 year Terms
• Bankruptcy/Collection Accounts Ok if > 12 Months Old

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