Key Points to Consider

• As little as 0 months reserves (Use property cashflow to qualify)
• FICOS As Low As 600
• No Seasoning on cash out or rate and term
• No LTV Restrictions on 2-4 units
• LTV’s up to 80% (min 660 fico)
• No Rate Or Pricing Adjustments on Cash Out, Condo, Units

NONI Purchase & R/T

• Going to 85% LTV on Purchase
• Going to 80% LTV on R/T Transactions (min 660)

NONI Cash Out

• Going to 75% LTV on Cash out Transactions (min 660)

Across the Board Expansion

• Increased max loans amounts across the board (Max $3.5mm)
• Now allowing 1x30x12
• Short Term Rental – NOW only need 1 year experience
• Business funds now OK with 25% ownership

theNONI Allows Foreign Nationals

• Foreign National Matrix
• Investment Properties only
• 75% MAX LTV – Purchase
• 70% MAX LTV – Rate and Term Refi
• 65% MAX LTV – Cash out Refi
• Up to $1,500,000 loan amounts
• No Income, No Job, No US Credit Required

• First Time Home Buyers Allowed, First Time Investors Allowed

NONI loan, Non Owner no Income loan,