Recent Scenarios

Some scenarios you can use to target potential customers.  These are real life loan profiles!

 

Self Employed Borrower

  • 24 months business bank statements
  • 700 FICO
  • $400,000 loan amount
  • 85% LTV
  • 45% DTI
  • 30 year fixed

Debt Consolidation Cash-out

  • 24 month full documentation
  • 600 FICO
  • Recent 3 x 60 x 12 lates
  • $200,000 cash out
  • 80% LTV
  • 38% DTI
  • 5/1 ARM

 

Near Miss Jumbo

  • 24 month full documentation
  • 660 FICO
  • $2.5mm loan amount
  • 80% LTV
  • 50% DTI
  • 7/1 ARM I/O

Recent Credit Events

  • 24 month full documentation
  • 595 FICO
  • 18 months from BK
  • $175,000 loan amount
  • 80% LTV
  • 29% DTI
  • 7/1 ARM

 

Professional RE Investor

  • Owns 15 rental properties
  • Wants to vest in LLC.
  • 740 FICO
  • $100,000 cash out loan amount
  • 50% LTV & 1.30 DSCR
  • 3/1 ARM

Foreign National Borrower

  • Investment or 2nd home
  • No US FICO
  • $3mm loan amount
  • 50% LTV
  • 40% DTI or 1.15 DSCR
  • 5/1 ARM

 

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