Liberty Mortgage

4415 West Harrison Suite 326 Hillside, IL 60162 – Phone: 773-677-6460  Email: libmtg2@gmail.com NMLS 1807234

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ACRA Lending

Representative:

Scott Denissen

Phone:

714-422-5845

Email:

scott.denissen@acralending.com

Website:

Click Here

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Programs:

• Asset Loans -ATR;

  • Max 80% LTV Purchase

  • Max 75% LTV Refinance

  • Min 600 FICO

  • Employment not required

  • Only show two months of statements for qualifying account

  • Owner-Occupied and Second Homes

• 1099 Only

  Self-Employed borrowers qualify with most recent two years 1099s and

  YTD bank statements.

  • Max 80% LTV

  • Min 600 FICO

  • Income Docs: One year 1099 & two months bank statements

  • All occupancy types

  • Property Types: SFR / Condo / Townhome (No rural or units)

• Bank Statements

  Qualify Self-Employed borrowers with 12 months bank statements in lieu of tax returns.

  No 1040s, 1120s, K1s, or IRS transcripts

  • Max 90% LTV Purchase

  • Max 80% LTV C/O Refinance

  • Min 600 FICO

  • Loan amounts up to $4M

  • Self-Employed and 1099 Borrowers

  • No 4506T / No K1’s / No P&L’s

• Business Purpose Loans

  Expand your footprint with our business purpose loans

  • Max 85% LTV Purchase

  • Min 600 FICO

  • 1 to 4-unit properties

  • Qualify using Rents (cash flow)

  • Condotels/Airbnb/Daily Rentals allowed

  • Yield Spread / LPC Available

  • Can close in Corporate (LLC) but not required

• Foreign Nationals

  For borrowers who live and work outside of the US with no US citizenship status

  • No income, job, or credit required

  • Max 70% LTV Purchase

  • Max 65% LTV Refinance

  • Loan amounts up to $3M

  • 1 to 4-unit properties

  • Non-Owner Occupied only

  • 5yr/7yr ARM & 30-year Fixed

  • Condotels/Pudtels allowed

  • Short-term Rentals allowed

• ITIN Loans

  • Max 75% LTV Purchase

  • Max 70% LTV C/O Refinance

  • Loan amounts up to $1M

  • Qualify WVOE and one month bank statement reflecting ACH direct deposits from employer, 

  • Self Employed 12 months Personal or Business bank statements.

  • Investor ATR – qualify ITIN full doc or self-employed bank statements and DSCR financing up to 80%

  • Valid government issued ID

  • No reserves required ≤ 75% LTV

• P&L

  Self-Employed borrowers qualify with a 12 month Profit and Loss, 3 months bank statements required

  • Max 80% LTV Purchase

  • Min 660 FICO

  • Income Docs: Licensed Tax Preparer prepared P&L on Licensed Tax Preparer’s letterhead (1 year + YTD)

  • All Occupancy types

  • Property Types: SFR / Condo / Townhome (No rural or units)

• VOE Loans

  Wage Earners can qualify with a WVOE only, no paystubs or bank statements

  • Max 80% LTV

  • Min 600 FICO

  • Owner Occupied Only

  • No FTHB

  • Property Types: SFR / Condo / Townhome (No rural, multi-units, or Non-Warrantable Condos)

  • Borrower cannot be employed by a family member

• ATR Loans

  Qualify with liquid assets to cover the loan balance

  • Max 80% LTV Purchase

  • Max 75% LTV Refinance

  • Min 600 FICO

  • Employment not required

  • Only show two months of statements for qualifying account

Also the programs Allow for:

• * 40 Year IO

• * First Time Investors

• * Manufactured Homes

• * Use Highest Earner’s Fico/Credit

• * No Fico, 1 Score or No Tradelines…including ITIN

• * First Time Home Buyer (all programs including DSCR)