Correspondent

Platinum Correspondent Program

Platinum Mortgage Solutions for the “Just Missed” Borrower

  • Full doc, bank statements (personal & business), asset qualification, and 1yr tax return options available
  • Loans up to $3 million
  • FICO 660+
  • DTI to 50%
  • Up to 90% refi – 95% on purchase
  • 4 years seasoning for FC, SS, BK, DIL
  • Owner-occupied & second homes
  • Interest-only 30yr/40yr available
  • Cash-out – $500K maximum
  • Cash-out can be used to meet reserves
  • 30yr fixed, 5/1 & 7/1 options
  • SFRs, townhomes, condos, 2-4 units
  • Non-warrantable condos considered

Details:    
Full Doc Bank Statement Asset Qualifier
660+ FICO 660+ FICO 700+ FICO
95% Max LTV 90% Max LTV 75% Max LTV
     
See guides and matrices for full product eligibility.