1-4 Units Primamry Owner-Occupied Purchase or Refinance with 10% Down Payment or 10% Equity
20% Down Payment with a Letter from Employer to Verify Income to qualify for a mortgage
20% Down Payment or Equity 1-4 Unit
Investor mortgage with No Income Documentation at all. Property must debt service. Mortgage payment must equal market rents - Vacant Properties Acceptable
Most Transactions qualify on 1-2 Unit Purchases. We assist buyers in improving credit scores to get them qualified for a mortgage.
Most Transactions qualify on 1-2 Unit Purchases. We assist buyers in improving credit scores to get them qualified for a mortgage.
US Home Capital will issue 101% Mortgage and if qualify pay your closing cost therefore you can buy with "No Money out of Pocket" & No Mortgage Insurance
Alternative Income Verification Programs available listed below ( No Tax Returns or Income Documents Reviewed) Credit Problem transactions at 95% LTV 580 score and 90% LTV as low as 500 Score. Call Anthony Pugliese NMLS# 500139 today at 732-707-1464 Direct.
You've been told your past credit issues won't allow you to buy. You've been told that you don't report enough income athough you have a large down payment. You've been told that you don't have enough money for down payment and closing cost. We can help!
Call Anthony Pugliese NMLS# 500139 today at 732-707-1464 Direct
As direct lenders, we can issue you a Pre-approval before you sign a contract. We can issue a full commitment within 48 hrs of receipt of the appraisal normally 10 days and close instantly when all parties are ready! The easiest process that you, realtors and attorneys have ever experienced.
No Tax Returns Required
10% Down Payment
► Income Based 24 mos Bank Statements S/E 1-4 Units
► Income Based 12 months Bank Statements S/E 15% LTV Down 620
Minimum Credit Score
15% Down Payment
► Verification Of Employment letter only required as low as 650 Credit Score
15% Down Payment
► Combination of Income Reported and Asset Depletion
15% Down Payment
► Asset Based Lending - Assets Exceed Mortgage request with required Reserves Qualification Mortgage
20% Down Payment
► Qualify based new home purchase only.
10% Equity Required
►No Money Down – Based on Appraisal Equity
20% Down Payment or Equity
► LTV Based on current market rents and /or projected rents.
(Vacant Ok)
0 % Down Payment
► 101% Financing and We provide additional assets to buy and close, if qualify! *Higher Rate Required. "NO MORTGAGE INSURANCE"
3.5% - 10% Down Payment
1. 3.5% Down Payment 580 Score
2. 10% Down Payment to 500 Score
3. 5 % Down Payment Utilize Primary Income Earner Credit Score if 720 Credit, Utilize other borrower Income but ignore score
► Recent Short Sales
► Recent Foreclosures
► Recent Bankrupcies
► Overall Credit issues
► Borrower had post-closing liquid assets greater than the loan amount which automatically qualified. We closed the transaction with minimum 25% down required. Can use 50% of 401k/IRA balances. asassets to qualify. This is a great program for a borrower that would otherwise have to pay capital gains tax and/or IRS penalties to liquidate funds to close.
► Borrower had high debt to income but substantial post-closing reserves. We used a portion of the assets to supplement income/ability to pay mortgage.
► We approved and closed many transactions with 12 business bank statements to qualify income for self-employed with no tax returns with as little as 10% down. Programs available with (2 )months bank statements with or 25% down payment.
(Always good to have me work customer months before signing a contract)
► Approved and Closed a transaction whereby one borrower earns 55% of the qualifying income and great credit score and the Co-Borrower credit score was very low and could not get approved for a Conventional or FHA mortgage. We used the higher credit score borrower and ignored credit score of the Co-Borrower but used both Incomes to qualify.
► Customer was selling one property to buy another but did not qualify for the new property WITHOUT selling or renting the old home or counting its payment. We approved and closed the new purchase ignoring the mortgage payment on the other property because it had 25% equity
► Closed many mortgage transactions with only 1 year history of primary job, 2nd jobs, overtime, bonus and 1 year self-employment. We will consider newly self-employed if transitioning from similar work as an employee.
► Closed mortgage with only written verification of employment for employed borrowers with no
pay stubs, W-2's or tax returns with 25% down
► Closed mortgage with alimony/child support with only a 1 month history of receipt
► Closed many transaction based the subject cash flow only (no employment needed) as long as the rent exceeds PITI by $1, they qualify.Programs available wherby the PITI is more market rents.
► Property does NOT need a current lease - can use appraiser's market rent estimate. Vacant properties acceptable.
► Can be titled to an LLC
► Please keep in mind that this is only a sampling. The bottom line is that if a borrower has the ability to repay and equity in the property/purchase there are a LOT of options and we will review each situation to figure out the best one for the borrower - whether that's conventional or non-traditional!.
We will reach out to you with required documents to get a Pre-Approval
Ask for Anthony Pugliese (NMLS #500139) Partner
U.S. Home Capital, LLC (NMLS #500107)
Direct lender offering Fannie/Freddie/FHA products "Licensed Lender - State of NJ Dept of Banking
204 Route 18, East Brunswick, NJ 08816, us
Office: 732-377-8888 Cell: 732-707-1464 Fax: 732-377-8854
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