Are you looking to refinance your home or purchase a new home but have a low FICO score (in the 500s)? Even with this low FICO score you can qualify for a Negative Amortization Loan.

We have a Neg Am loan for clients with less than perfect credit. The key points to the loan are:

• Start rates of 2% to 3%.
• No FICO Scoring: LTV of 80% or less. We look at the entire credit history'not the score.
• No "Add-Ons" for borrowers with less-than-perfect credit.
• Conforming rates go up to $750,000!
• Stated loans up to $750,000 at max LTV of 80%
• Full-Doc loans up to $1,500,000 at max LTV of 80%
• Flexible Job History: Less than 1 year in the field? With a LTV 80% or less it's fine with us!
• Bankruptcies and Foreclosures after 2 years of discharge date! We look for re-established credit after the BK/Foreclosure and no late payments. We can go stated income, too!
• Foreign Nationals: No credit history needed, no social security number, just 30% down.
• Common-Sense approach to Underwriting: Low loan-to-value and assets are great compensating factors for those borrowers with less than perfect credit.