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Liberty Mortgage

4415 West Harrison Suite 326 Hillside, IL 60162
Phone: 773-677-6460 Fax: 773-439-2450 Email: libmtg@yahoo.com NMLS 1807234
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Rep:….                    ……Robert Roe:……818-669-0490

Email:…….

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Rate Sheet:                   Click Here

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Programs. 

24 Months Bank Statements

* We utilized 100% of the business deposits as income (personal, business and co-mingled)

* 90% LTV for purchases

* 5 ways to structure income on my bank statements

* We can use supplement income such as W2, rental and assets

* Interest only is available 80% LTV

* Fico as low as 620

* Back end DTI is up to 55%

* 12 months from Recent housing events (BK, foreclosures, mods and short sale)

* Loan up to 4 million

* 40 years fixed fully amortized

* Non Warrantable condo

 

Profit & loss (stated for self-employed)

* 80% LTV for purchases

* No docs upfront

* Non Warrantable condo

* No Bank statements required

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Full doc

* 12 months from Recent housing events (BK, foreclosures, mods and short sale)

* DU ineligible or refer caution I can help

* 40 years fixed fully amortized

* Loans up to 4 million

* Non Warrantable condo

* 620 min fico

* Back end DTI is up to 55%

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ITIN Full Doc

* Up to 90% LTV  720 FICO Score

* Up to 85% LTV  700 FICO Score

* Up to 80% LTV  660 FICO Score

* Passport

* Bank Statements

* Erroneous social on W2, paystub and credit report

* DACA is acceptable

* No Visa requirements

* Seller concessions up to 6%

* Non-Warrantable condo

* 100% Gift funds are allowed

* Gift of equity is acceptable

* Cash out allowed

* Cash out proceeds may be used for reserve requirements

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ITIN 24 months Bank statements

* We utilized 100% of the business deposit as income (personal, business and co-mingled)

* Up to 80% max LTV

* No Visa requirements

* Asylum seeker C08 acceptable

* Up to 50% back end DTI

* Seller concessions up to 6%

* 7/1 Arm available

* 100% gift funds are allowed

* Gift of equity is acceptable

* Cash out allowed

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ITIN DSCR (only lender offering this)

* 65% Max LTV

* 60% if ratios are 0.80- 0.99

* Up to 1 million loan amounts

* Gift funds are allowed

* Gift of equity allowed

* Cash out allowed

* Unleased Property

* Short term rental income

* Seller concession up to 3%

* Cash out proceeds may be used for reserve requirements

 

.DSCR

* Up to 80% LTV

* Interest only available

* First time investor

* No primary residence

* Fico as low as 640

* Non Warrantable condo.

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1 year 1099

* 80% LTV

* 1 year 1099 only

* Non Warrantable condo

* 90% net margin (10% expense factor)

* 50% back end ratio.

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Written Verification of Employment

* No tax return

* No pay stubs

* No w2

* 75% Max LTV

* First Time Home Buyer.

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Foreign National Second Home and DSCR

* Up to 75% LTV

* No docs needed upfront (DSCR only)

* Foreign credit

* F1 Visa,

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2nd Mortgage Stand-Alone

* 75% -80% CLTV

* Minimum loan amount 200k

* Maximum loan amount 450k

 

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