US BANK RATES
 
PRODUCTS

Portfolio Solutions

• Borrowers not required to satisfy charge offs or collections older than 24 months

• Impaired credit

• No income verification option to 80% LTV

• 65% Total debt ratio

• Bankruptcy allowed after 1 day

• No sourcing of funds – No reserves requires

• No mortgage insurance premiums

• 1 Week closings!

• 6% Seller concession allowed

FHA Standard

• If you have been denied elsewhere – Try us!

• Automatic transmission approvals allow for higher ratios and low credit scores

• 3% Down with a 6% seller concession

• Second job counted in ratios regardless of time employed

• Bankruptcy allowed – Discharged > 12 Mo.

Basic Products

• Electronic underwriting to FNMA and Freddie Mac

• Competitive interest rates on all loan programs

• Same day Commitments

• 107% financing program (all one loan)

• Government loans

• Off credit loans

• 90% investment properties – Condo’s Ok

• Bridge loans to 80% LTV

• No Documentation loans to 95% LTV

• Construction / Perm. Loans (one time close)

• Lot Loans to 80% LTV

• Loans from $50,000 to $5,000,000

• Piggyback loans to avoid mortgage insurance

• Start Rates as low as 3.95% (MTA & COFI)

• Cash out refinance to 95%

• Close loans in Family trusts and LLC’S

Sub-Prime

• 90% 1st Mortgage 10% seller held second on sub prime borrower with 12 month clean credit history

• 85%1st MTG. 15% seller held second on borrowers with isolated lates in last 12 months

• 80% 1st Mortgage 20% seller held second on borrower with poor credit in last 12 months – 80% to C-Credit grade

• Up to 6% seller concession


LENDERS
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