Mortgage Products


Overview of Available Mortgage Programs

Government-Insured Products:
o   Fixed & ARMs, FHA 203(k) Rehab, USDA, VA Fixed & ARMs, Down Payment Assistance

§  580 credit score

§  Non-traditional credit options

§  Manual underwriting

Conventional Loan Products:
o   Traditional Conventional, plus Home Possible, HomeReady, HomeStyle Renovation, high balance

§  3% down options

§  Split premium & lender-paid options

§  Fannie Mae Property Inspection Waiver (PIW) participation (no appraisal)

§  Ability to close in 10 days or less


·        Jumbo Features: 

o   Caliber Home Loans is the #3 non-bank jumbo lender in the U.S. by volume for the first half of 2017, per Inside Mortgage Finance!

§  Lock & Shop options

§  Up to 50% DTI options

§  Interest-only options

§  Non-warrantable condos allowed, including condotels

§  Asset depletion options

§  Delayed financing options

§  10% down with no PMI

§  5% down to $1 mil

§  580 credit score to $1 mil

§  Loan amounts up to $3 mil

§  Up to $750,000 cash out


·        Investment Property Loans:

§  Unlimited financed properties allowed

§  Loan amounts to $2 mil

§  Minimum credit score of 620

§  Non-warrantable condos allowed, including condotels


·        Fresh Start Loans:

o   No seasoning requirement for borrowers recovering from a bankruptcy, foreclosure, short sale, or deed-in-lieu.

§  Bankruptcy or foreclosure yesterday, close new loan today

§  580 min credit score

§  Non-warrantable condos allowed, including condotels

§  Conventional Fixed & ARM Products:

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