Welcome to Statewide Home Mortgage
Services
Owner Occupied Home Purchases & Refinances
Conventional
FHA
VA
Streamlined Application Process:
Get pre-qualified quickly and easily.
Specialized Programs and Unique Lending Options
No-Docs Loan Program
– LOANS: up to $5 million
– No Income Doc, No Asset Doc
– Can work with lower credit scores
– No tax returns needed
– Non-Warrantable Condo Allowed
– Primary residence, second home, or investment property
Bank Statements Loan
– Loan amounts up to $3 million
– 600 Minimum FICO
– Up to 90 % LTV (loan-to-value)
– 12/24 Months Bank Statements
– + 3 months reserves
– Good for self-employed and business
owners
WVOE MORTGAGE LOANS
– Loan amounts up to $3.5M
– Minimum credit score as low as 580
– Up to 96.5% LTV on with min. 620 FICO
– Up to 90% LTV on with min. 580 FICO
– Borrower must be a W2 employee for at least 2 years with the same company
– Debt-to-income ratio up to 55%
– PMI required if loan is over 80% LTV
– Cash out up to 80% + 100% Gift Allowed
– All occupancy types (primary residence, second home, or investment property)
DSCR Investor Loans
– Loan amounts up to $2.5M
– FICO 620 / Up to 80% CLTV
– YES to Real estate investors
– Loan amounts up to $2.5 million
– Max cash-on-hand $1 million, no limit for CLTV at 55%
– 40 & 30-year fixed, 5/6 ARM, & 7/6 ARM
– No income or employment verification
– DSCR as low as 0
– Proof of ownership of any property within the past 24 months
Investment Properties Purchases & Refinances
Fast & Flexible Financing:
Hard Money Loans:
Quick funding for fix-and-flip projects, renovations, and
bridge loans.
DSCR Loans:
Long-term financing for rental properties based on rental income.
Blanket Loans:
Consolidate Debt: Simplify your portfolio by financing multiple
properties with a single loan.
Purchase & Rehab:
Acquire and renovate multiple properties
simultaneously with a single line of credit.
Portfolio Growth:
Expand your rental portfolio with flexible financing
options.
Competitive Rates & Terms:
Customized solutions to fit your specific investment
needs.
Contact us today for more details!!!