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- Revenue is acknowledged and not verified.

- Purchase, charge and time period, or cash out refinance. Undocumented aliens with ITIN numbers should not allowed underneath this program.

- Documented ability to repay could also be relevant under certain situations.

- US citizens, permanent resident aliens, and foreign nationals with legitimate passport and US visa are allowed.

- $5,000,000 most loan quantity.

- 500 minimal credit score rating required.

- Up to 65% loan-to-value for money-out refinances (see guidelines).

- SFR, PUDs, condos, townhouses, and 2-4 units allowed.

- Owner-user, second home or funding properties.

- Blended-use residential property with commercial affect allowed on case-by-case foundation.

- $100,000 minimal mortgage quantity.

- Up to 70% loan-to-worth for purchases and rate/term refinances (see guidelines).

- No reserves required.

- All loans require impounding of property taxes and hazard insurance. - Property must be positioned in the State of California.

- No prepayment penalty.

To download underwriting pointers

for our laborious money loan program:

- Obtainable as a 5/1 ARM or 7/1 ARM only, amortized over 30 years.

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