Loan Programs: Continued CCM PORTFOLIO PRODUCTS ASSET QUALIFIER Use existing assets to qualify the borrower; no income or employment is needed BANK STATEMENTS Use the average monthly deposit for 12/24 months in a business/personal account as qualifying income for self-employed buyers regardless of tax returns 1099 PROGRAM Use 1099 income instead of tax return income for self-employed buyers (great for agents) FULL DOC A near-miss product to help provide coverage to borrowers who may
not meet agency or prime jumbo guidelines INVESTOR CASH FLOW
Allows real estate investors to finance an investment property by using the property’s gross rent to qualify instead of the borrower’s personal income. I T I N No Social Security number is needed to qualify for home financing WVOE Allows you to get approved using a written verification of employment (WVOE) instead of W-2s, paystubs, or tax forms P&L Uses most recent, professionally prepared, 12 to 24-month P&L statement as proof of income MANUFACTURED HOMES Fixed-rate Conventional & FHA loans available with low minimum down payments Lower interest rate options for qualified buyers Single-wide homes are accepted
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