(Programs are still available as of 11/29/2007)
Non-Owner Occupied/Investment Properties (This information is intended for Mortgage and Real Estate Professionals)
Effective immediately we are no longer offering No Ratio or No Doc.
go to http://www.allamericanfinance.com/ or email your scenario directly to me at michael@allamericanfinance.com
(A login is not required to view our rate sheets and matrix)
Non-Owner Occupied/Investment Properties
Program 1: Hybrid Option ARM - FULL DOCTo $650,000 85%LTV Purchase/Rate/Term only w/700 FICO 1-2 units80%LTV 90%CLTV(with outside 2nd)
$1,000,000 70%LTV 80%CLTV with 680 PURCH & R/T ONLY 1-2 units
STATED
To $500,000 85% with 720 FICO, 1-2 units
$650,000 75%LTV 85%CLTV with 720 1-2 units
$1,000,000 65% 80% with 720 1-2 units
Program 2: Conforming 30 year Fixed
FULL DOC
to $417,000 85% Max LTV 700 FICO, 1-2 units, Condo, SFR, PUD 3 to 4 units 70% Max LTV 700 FICO
STATED
$417,000 85% Max LTV 700 FICO, 1-2 units, Condo, SFR, PUD $417,000 75% Max LTV 660 FICO, 1-2 units, Condo, SFR, PUD
3 to 4 units 70% Max LTV 700 FICO
Max DTI 50%
STATED 30 year Fixed with 10 year Interest Only
$417,000 75% LTV with 700 FICO, 1-2 units, Condo, SFR, PUD
Max DTI 50%
Program 3: ALT-A 5/6 Libor ARM, 5 year I/O
FULL DOC:
$500,000 1-2 Units 95% One Loan No MI with 680
$650,000 1-2 Units 90% One Loan No MI with 660
$1,000,000 1-4 Units 80%LTV 90%CLTV with 620 (outside 2nd only)
$1,500,000 1-4 Units 75%LTV 90%CLTV with 620 (outside 2nd only)
$4,000,000 1-4 Units 70%LTV 90%CLTV with 620 (outside 2nd only)
Sincerely,
Michael Jaramillo
Wholesale Account Executive
All American Finance
Serving all of California!
Contact: 626-393-9930
Submission Fax: 866-863-6886
Email: Michael@allamericanfinance.com
Website: www.AllAmericanFinance.com
NOW SERVICING California, Nevada, Arizona, and Colorado!
If you have questions, post a comment or send me a private message
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