Homebridge Wholesale Access Full Doc Program
Best For: Flexible Terms, Large Loan Amounts
Hombridge Non-QM Access Program
Program Description
Very wide Non-QM full doc lending program with credit scores to 620. Allowing Non-Warrantable condos and funding as LLC &Foreign National. Allows 1x30 mtg pay history. Non-warrantable Condos: Max 80% LTV. Interest Only & 40 yr Term Options. 4 yr wait for Bankruptcy, Foreclosure, Short-Sale. Up to 50% DTI
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Homebridge Wholesale Access Full Doc Program
Min. Credit Score
N/A
Min. Down Payment
10%
Max Loan Amount
No Limits
Qualification variables shown here are for 1-Unit Primary Residences, and loan amount ranges vary based on US County. Register Now to see if this loan program is a good fit for you, find your county limits, and find more options for purchasing a home.
Pros & Cons
- Interest Only & 40 yr Term Options
- Unlimited Cash-Out (to 60% LTV)
- 4 yr wait for Bankruptcy, Foreclosure, Short-Sale
- Residual income ($2000) is required on all primary residence transactions
- Non-Prime Rates
Program Availability
Homebridge Wholesale Access Full Doc Programs are available in all 50 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands.
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“Solid, national Non-QM program. To 620 score and allowing 1x30. Good service levels"
Occupancy & Property Types
Qualification factors for this program can vary based on how you intend to occupy the property and what type of property you are purchasing. By registering for a free account , you can check program limits for all property and occupancy types.
Occupancy Types
Available Property Types for Primary Residence
Income & Purchase Price Limits
Your Debt-to-Income Ratio (DTI), as well as purchase price and income limits, are important factors when qualifying for a home loan program. By registering for a free account , you can find the exact program limits for this program and others in your area and for your unique scenario.
Debt-to-Income Limit
50.00%
Purchase Price Limit
No Limits
Income Limit
No Limits
Qualification variables shown here are for 1-Unit Primary Residences, and loan limit ranges vary based on US County. Amounts may be rounded. Exact amounts can be accessed by registering for a free account.
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Key Features
- Non-warrantable Condos: Max 80% LTV
- Credit Score to 620
- Up to 50% DTI
Additional Conditions
Other Limitations
In some circumstances, there are specific requirements you must meet or homebuyer education courses you must attend in order to be eligible for the loan program.
No other program limitations
A Homebuyer Education Class is not required for this loan program.
Mortgage Insurance & Fees
Most mortgage programs require mortgage insurance when you are financing more than 80% of the purchase price or appraised value. Some programs may also have an associated funding fee, paid at the time of closing, or an annual fee. Learn all about the different fees here.
No Mortgage Insurance
This program does not require Private Mortgage Insurance (PMI).
Type: No Funding Fee
This program does not have a funding fee.
Type: No Annual Fee
This program does not have an annual fee.
Estimated Closing Costs: 4%
These amounts are just an estimate. Your closing costs include things like loan origination fees, discount points, appraisal fees, title insurance, taxes, deed recording fees, and other charges.
Similar Loan Programs
If you think this home loan program may be a good fit for you, you may also want to check out the following programs that share many similarities with the current program.
Homebridge Wholesale Access Alt Doc Program
Best For: Flexible Terms, Easy Qualification
Homebridge Alt Doc Program
Nevada Housing FHA Loan - Home is Possible Teacher
Best For: First Time Homebuyers, Low Down Payments, Lowest Rates
FHA program for Nevada Teachers with down payment assistance options.
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* Minimum loan amount $125,000. Maximum DTI 50%, no exceptions. Non-warrantable Condos: Max 80% LTV
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