Advantage Home Loan - Great for Foreigner

  • Property Types: SFR, 2-4 Units, Condos
  • Term: 1/1, 3/1, 5/1, 7/1 Year ARM
  • Rates: as low as 4.25%
  • Purchase: 65% LTV Max
  • Cash Out Refinance: 60% LTV Max
  • Occupancy: Owner Occupied or Non-Owner Occupied
  • Prepayment: Non-Owner Occupied Properties
  • Debt Service Coverage Ratio: 1.15x
  • Max Loan Amount: $5M
  • Credit Score: None for foreign national
  • Lending in CA, MI, NY, WA

  • Reserve Requirements

  • No Reserve requirement for Primary & Second Homes.
  • Must have 12 months PITI(A) for Investment Properties