Bank Statements: Minimum 12 months' consecutive bank statements required
Purchase, rate & term refinance, and cash-out refinance (1-4 units)
Maximum Cash-Out Proceeds: $1,000,000
Max Loan Amount: $3,000,000
Max LTV: 90%/Min FICO: 660/Max DTI: 50%
Bank Statements: Minimum 12 months' consecutive bank statements required
Purchase, rate & term refinance, and cash-out refinance (1-4 units)
Max Loan Amount: $3,500,000/Min $150,000
Max LTV: 90% (85% for 2-4 units)/Min FICO: 660
Max DTI: 55% (residual income requirements for DTI > 43%)