TURN TIMES: Initial UW | Cond Rev Business Purpose: Purch & Refi: 24 | 24 Consumer Purpose: Purch: 24 | 24 Refi: 48 | 48 LOCK DESK HOURS | 7am - 5pm PST Current Closing Schedule >
Your Borrowers, Our Solutions
CDFI eligible rate improvements available on all loan programs
Consumer Purpose
Ally
Owner-Occupied | No Ratio
Open the doors of homeownership for credit-worthy borrowers who don’t bank traditionally or have otherwise been locked out from opportunities and access to financing
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Loan Amounts up to $2M
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FICOs as low as 660
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Up to 80% LTV Allowed
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No DTI calc on O/O & 2nd Homes
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100% gift funds allowed for downpayment
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No VOR required on FTHB Purchases
Activator
Alt Doc | 40 YR Interest-Only
Flexible solutions with broader qualification methods and documentation types.
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Loan amounts up to $3M
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680 FICO up to 85% LTV
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Up to 6% Seller's Concessions allowed
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40 year terms w/ interest only available
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Up to 10 Acres Allowable
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Rent Free letter accepted as VOR
ITIN Activator
Alt-Doc | For Non-U.S. Citizens
ITIN is an alternative form of identification for non-US citizens who live and pay taxes in the United States but don't have an SSN.
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Up to 85% LTV (Purchase & R/T)
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Up to 75% LTV (Cash out)
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FICOs as low as 660
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Transferred appraisals accepted
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First-time homebuyers are welcome
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Gift funds allowed for down payment & closing costs, no minimum contribution

Business Purpose

Accelerator
DSCR | No Ratio
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Up to 80% LTV available
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No Ratio 700+ FICO (DSCR < .75)
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660+ FICO for cash-out, DSCR ≥ .75 - .99
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FICOs as low as 620 accepted
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First time investors allowed, min FICO 680
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Transferred appraisals accepted
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Broker points & fees up to 5% permitted
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DSCR and reserve calculation ITIA only on IO loans
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Cash out may be used for reserves