Non-QM Matrix
This is Representative of products that are offered, other
investors/lenders may have similar programs and be sure to check the dates on the matrix's for relevance
Note: some products are only offered through either vision one or through our center point broker be sure to know how we are originating your product - signified in RED

100% Purchase 80/20 Product

Oak Tree Realty and Mortgage is committed to making home ownership more obtainable. The #1 reason that prevents potential buyers from entering the home ownership arena is the Down Payment!

This program finances 100% of the purchase price and also allows the seller to contribute 3% to Non-Recurring closing costs.

Available for O/O Purchases and ATR can be proven by Traditional Full Doc or Personal Bank Statements.

 

Consumer Express

For the owner-occupied borrower with less than perfect credit, challenges with proof of income or just need to close quickly. ACG offers consumers the ease of financing with lower than expected rates. This program varies between traditional income documentation to alternative forms of proof of income documentation. Oak Tree Realty and Mortgage even finances borrowers with fico scores as low as 550! Our maximum DTI is as high as 55% with LTV’s as high as 90%. We offer a creative solution for hard to finance owner-occupied homes.

• Alternative Doc: VOE only, 1099 only, K1 only, P&L only (no bank statements)
• Traditional Alt Doc: 12 and 24 months personal or business bank statements
• Traditional Full Doc: W2’s & Paystub (wage earner), 1040’s (self-employed)
• $50,000 – $4,000,000
• Lending to Individuals and Trusts
• 5/1, 7/1 arms and 30 year fixed
• DTI’s up to 55%
• LTV’s up to 90%
• No liquid cash reserves needed up to 85% ltv
• Rates as low as 4.25%
• 100% Gift Funds – OK
• Gift of equity-OK
• Non-Warrantable Condo – OK
• Condotels – OK
• Lease Option Buyout using current appraised value – OK
• Rural Properties – OK
• Green Card Holder – OK
• ITIN borrowers – OK

 

 

 

Business Purpose - DSCR

Borrowers looking to refinance N/O/O SFR, Condo, and 2-4-unit properties can look for some of the best rates in the Non-QM industry with our Business Purpose Program. Long term (30 years) loans with NO balloon payments and Interest only options are available. You can count on many options for prepayment privileges and impounding for your property taxes/insurance.

• No Income Proof Needed
• All Loans are N.I.V. (No Income Verified)
• No Income stated on 1003
• LTV up to 80%
• No DTI Ratios
• DSCR ratios as low as .75
• Rates as low as 4.50%
• Up to a 2 Point Rebate
• Loan Amounts from $100,000 – $3,000,000
• Lending to LLC’s, S-Corp, C-Corps, Trusts or Individuals.
• Property Types Include: SFR, Condo, 2-4 Units
• Interest Only Option Available
• Foreign Nationals – OK
• 100% Gift Funds – OK

Business Purpose – No DSCR

Borrowers looking to refinance N/O/O SFR, Condo, and 2-4-unit properties can look for some of the best rates in the Non-QM industry with our Business Purpose Program. Long term (30 years) loans with NO balloon payments and Interest only options are available. You can count on many options for prepayment privileges and impounding for your property taxes/insurance.

• No Balloon payments – 30 year fully amortized
• No Income Proof Needed
• All Loans are N.I.V. (No Income Verified)
• No Income stated on 1003
• LTV up to 75%
• No DTI Ratios
• No DSCR calculated
• Rates as low as 5.50%
• Up to a 2 Point Rebate
• Loan Amounts from $100,000 – $3,000,000
• Lending to LLC’s, S-Corp, C-Corps, Trusts or Individuals.
• Property Types Include: SFR, Condo, Condotels, 2-4 Units
• Interest Only Option Available
• Foreign Nationals – OK

Business Purpose Bridge

Every borrower deserves a loan, and with our bridge loan product they can get it. Those borrowers looking to refinance N/O/O SFR, Condo’s, Condotels, and 2-4-unit properties, we have a loan for them. We even finance properties in rural areas and those with minor deferred maintenance. With increased loan amounts and just about any credit profile, ACG is the home for your next bridge loan request. Our bridge products are usually used by Real Estate owners that only want to borrow money for a short period of time (up to 36 months), then want to exit out of our loan to obtain bank financing.

• No Income Proof Needed
• All Loans are N.I.V
• No Income Stated on 1003
• No DTI Ratios
• No DSCR calculated on residential properties
• Rates as low as 6.99%
• LTV up to 75%
• Loan Amounts from $50,000 – $8,000,000
• Lending to LLC’s, S-Corp, C-Corp, Trust or Individuals.
• Property Types Include: SFR, Condo, Condotels, 2-4 Units
• Interest Only Option Available
• Foreign Nationals – OK
• 100% Gift Funds – OK
• Properties with minimal Deferred Maintenance – OK
• Rural Properties – OK

Meet theNADA.
Nothing Down, 100% FHA Purchase Financing.
One submission, one approval and one closing.

 

Highlights

  • 580 FICO Min

  • DTI per AUS

  • Loan Amounts per county limits

  • First Time Homebuyer OK

  • Homeowner Education (at least one borrower) required

  • Follow FHA guidelines and DU findings

  • Non Occupying Co-Borrowers Allowed

  • DACA Borrowers eligible