Non-Traditional Loan Programs
Non-Traditional Loan Programs
Bank Statement Program
· Up to 90% LTV
· Credit scores starting at 640
· Profit and Loss (P&L) statements valid form of income verification
· 1099 option available
· Loans up to $3.5 million plus with exceptions
· 12 or 24 months bank statements or personal bank statements
· 40 year interest-only option available
· Up to 80% on second homes and investment properties
· Non-permanent residents allowed
Closed End Second Loans
• Cash out up to 85% CLTV
• Credit scores starting at 700
• Zero pre-pay on investment properties or owner occupied
• Primary, second home and investment properties
• Loans from $75,000 - $500,000
Asset Qualifier
• No employment, no income and no debt to income ratio
• Primary residence
• Credit scores starting at 700
• Maximum 75% LTV
• 40 year interest only available
Platinum Jumbo
• Up to 90% LTV
• Credit scores starting at 680
• Loans up to $3.5 million (minimum loan amount $250,000)
• Only using primary wage earners middle FICO score to qualify - not lower of the two
• Full doc only
• 40 year interest only available
Portfolio Select
• Up to 85% LTV
• Credit scores starting at 640
• Up to 50% Front-End DTI
• Only using primary wage earners middle FICO score to qualify - not lower of the two
• One year seasoning for foreclosure, short sale or deed-in-lieu
• One day out of BK Chap 13
• Loans up to $2.5 million
• Up to 50% DTI
• Gift funds allowed
ITIN Mortgage Loan
• Up to 75% LTV
• Credit scores starting at 660
• One year seasoning for foreclosure, short sale or deed-in-lieu
• Two years seasoning for bankruptcy (Two years from filing date for Chapter 13)
• Loans up to $2.5 million
• Primary home only (one unit only)
• Up to 50% DTI
Investor Cash Flow (DSCR Loan)
• Up to 80% LTV (including 2-4 units)
• Credit scores starting at 680
• Loans up to $3 million plus with exceptions
• No limit on number of properties financed
• Borrower must own primary residence or have a current history of owning investment property
• No employment required on application
• Properties can be in LLC’s name
• No DSCR available
• 30 year interest/only used to qualify
• Condotels allowed
• Non-permanent residents allowed
• Gift funds allowed
Foreign National
• Up to 70% LTV
• No U.S. or foreign credit score needed
• Minimum DSCR 1.0
• ACH auto-payment is required from a FDIC US institution
• Loan amounts up to $1.5 million
** If you have any interest or questions give me a call.
Waverly
202-643-2088
Testimonials
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“Waverly helped us sell our parents home. It was a very stressful time and Waverly was very patient, helpful, knowledgeable and very responsive. He sold the home quickly an we couldn’t be happier with the whole experience. We would highly recommend him to our family and friends.”
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- L. West
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"Waverly was a wonderful agent. He explained everything every step of the way. He was always available to answer any questions I had . I highly recommend him to anyone looking for an agent."
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- K. Boyd
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“When I read your testimonial letters from satisfied customers, I was impressed but I had no idea then, what I know now. You are a dynamite real estate agent. You exceeded my expectations… I found you to be patient (a very important characteristic), professional and knowledgeable about the real estate industry. Everything you said you would do you did.”
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- K. Wiggins
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“Waverly was outstanding selling my family home. It was a delicate situation involving a sibling who was still in the home and Waverly helped work through a difficult time. He went above and beyond what anyone else would have done with continuous follow-up and phone calls. I am very grateful to him. Not only is he a great realtor but he’s a great person as well. Thanks Wave!”
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- L. Freeman
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“Waverly was great to work with, very professional, treated me and my mom with the upmost respect. Always kept me up to date, when I call and left a message he return the call in a prompt manner. I would recommend Waverly to anyone that will either sell or buy a house. The house he help sell is located in Washington, DC and the sell was quick and easy. My mom really liked how Waverly treated her, made sure that she understood what was going on. Thanks again Waverly!”
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- R. Walker
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"After having our house on the market for almost a year, we were very discouraged and decided to interview other realtors. We selected you for your professionalism and obvious commitment to the real estate business."
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- R. Laws
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"What impressed us about Waverly was not only his outstanding customer service but the fact that he was so knowledgeable in every aspect of the transaction. He took the time to explain everything to us during a very scary but exciting time "Our First Home Purchase".
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- C. Mack
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“I wanted to thank you for your services rendered WELL DONE! Your level of professionalism and knowledge of the real estate market is impeccable.”
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- K. Barnes
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“What I like about Waverly the most is that he is honest and true to his word. He gave us a very fair price on my mother’s home and went above and beyond to make sure we were ok. Because it was in probate it was a long and tedious process but he never waivered and did everything he said he would.”
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- T. Jackson
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“I found Mr. Roberts to be a reliable, trustworthy professional. As a busy doctor, I needed to depend on his expertise to provide me with the best possible choices…. I can confidently and wholeheartedly recommend Waverly Roberts to anyone in need of a dedicated and professional real estate specialists.”
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- Dr. B. Dorch
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“We were amazed at how quickly you got our home sold. Your market research of our area helped us to sell our home for a premium price. Our return on our home investment was greater than we could have ever imagined and we have you to thank.”
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- The Bourkes
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