Conventional "Full Doc" Mortgage
Conventional full-doc is the most popular mortgage using W2/1099s/K1s and/or tax returns to income qualify
Conforming Conventional Full-Doc:
Conforming uses traditional underwriting for income, credit, & assets and offers the best conventional mortgage rates.
- Standard mortgage underwriting for income, credit, & assets with the best conventional rates
- 1-4 unit | primary residence, second home, and investment properties
- Salary, hourly, self-employed, and/or retirement/investment income used
- Credit score min 620+, stable income, and modest financial reserves
- Purchase, refinance, and cash-out mortgages
- Loan-To-Value (LTV) percentage ranges up to 95% depending on occupancy, number of units, FICO, and other factors
- Quick closings: 2.5 - 4 weeks
- Loan sizes range from a max of $726,200 (1-unit) to $1,396,800 (4-unit)
- High-Cost Area (national urban/suburban areas) conventional loans range from a max of $1,089,300 (1-unit) to $2,095,200 (4-unit)
- No mortgage insurance <80% LTV | Work Visa eligible!
- Conventional loans for larger amounts are available with our Jumbo mortgages
- Online Application | Secure Document Uploads | Mobile App | Email/Text Loan Updates!
Non-Conforming (non-QM) Conventional Full-Doc:
Non-QM conventional mortgages allow for more flexible income, asset, and credit qualifying
- More flexible underwriting for income, credit, & assets with slightly higher conventional rates
- 1-4 unit | primary residence, second home, and investment properties
- Salary, hourly, self-employed, and/or retirement/investment income used
- Credit score min 580+, stable income, and modest financial reserves
- Purchase, refinance, and cash-out mortgages
- Loan-To-Value (LTV) percentage ranges up to 90% depending on occupancy, number of units, FICO, and other factors
- Quick closings: 3 - 4 weeks
- Mortgage loan sizes depend on # of units (1-4) and credit factors - ranging up to $4M+
- No mortgage insurance! | Interest-only available | Foreign National and Work Visa eligible!
- Online Application | Secure Document Uploads | Mobile App | Email/Text Loan Updates!