A loan that ensures common sense underwriting
Community mortgage is an innovative home mortgage product that helps credit-worthy home buyers easily secure a home loan through a common sense underwriting process. It efficiently addresses the needs of home buyers who want to buy their dream home in America. Our loan program eliminates the need for unnecessary documentation and allows the borrower to qualify for a primary and secondary home mortgage through credit, LTV, and liquidity.
Highlights
Ideal For
Highlights
- Loan Amounts Up to $3 Million
- Mortgage underwritten using LTV, FICO, and cash reserves
- No income documentation required Debt-to-Income (DTI) Not Calculated
- Asset Seasoning 30 Days
- Up to 70% LTV on Purchase
- Requires minimum FICO of 660
- At least 12 Months of cash reserve required
Ideal For
- Borrowers who are self-employed, retired, seasonal/ gig workers, and recent immigrants
- Newly self-employed borrowers
- Real estate investors
- Borrowers with irregular or disqualified income
