Additional Resources

Highlights

Loan amounts up to $2M

Up to 80% LTV allowed, min. 720 FICO

FICOs as low as 660

Owner-occupied & second homes

First-time homebuyers welcome

Cash-out may be used as reserves (4 months of borrowers’ own funds to be documented)

Activator

Alt Doc | Non-Traditional Borrowers

Flexible solutions with broader qualification methods and documentation types.

Highlights

Loan amounts up to $3M

660 FICO up to 70% LTV

Max DTI up to 50%

Up to 6% seller concessions towards closing costs

Up to 20 acres allowable

Non-warrantable condos allowed

ITIN Activator

Alt-Doc | For Non-U.S. Citizens

Financing for consumers looking to take part in the American Dream.

Highlights

Loan amounts up to $1M

Up to 85% LTV (Purchase & R/T)

Up to 75% LTV (Cash out)

FICOs as low as 660

Gift funds may be allowed for down payment & closing costs. Certain restrictions apply.

Business Purpose loans expand opportunities for investors by financing rental properties or those used commercially 50% of the time (or less). We offer less friction and can close quickly.

Accelerator

DSCR | No Ratio

Options for business purpose loans. No tax returns required. Qualifying loans with property cash flow.

Highlights

Loan amounts up to $3M

Up to 80% LTV available

FICOs as low as 640

660+ FICO for cash-out, DSCR .75 - .99

First-time investors allowed, min FICO 680

5-8 units, condotels, and non-warrantable condos allowed

Accelerator Full/Alt Doc

Income Qualifying Investment Properties

Increase opportunities for investor borrowers with income qualifications.

Highlights

Loan amounts up to $3M

Up to 80% LTV available

Min FICO as low as 660

100% gift for down payment & closing cost

Asset depletion can be used as an individual or supplemental source of income

ITIN Accelerator

DSCR | For Non-U.S. Citizens

DSCR l No Ratio financing for ITIN investors looking to take part in the American Dream.

Highlights

Loan amounts up to $1M

Up to 80% LTV (Purchase & R/T)

FICOs as low as 660

First-time homebuyers welcome

Short-term rentals allowed

Cash out can be used towards reserves. Certain restrictions apply.

*See full guidelines for eligibility and additional requirements.

Ambassador

Foreign National | DSCR Investment Properties

For Foreign Nationals who dream of buying or are looking to refinance an investment property in the United States.

Highlights

Max loan amount $1.5M

Max LTV/CLTV 70%

Investment properties only

Condotels and warrantable condos allowed

Short-term rental properties accepted (DSCR ≥ .75)

Cash-out may be used to satisfy reserve requirements

Ally

HOMEBUYERS

No Income & No Employment Verification

Open the doors to underserved borrowers.

Highlights

Loan amounts up to $2M

Up to 80% LTV allowed, min. 720 FICO

FICOs as low as 660

Owner-occupied & second homes

First-time homebuyers welcome

Cash-out may be used as reserves (4 months of borrowers’ own funds to be documented)

Accelerator

INVESTORS

DSCR | No Ratio | Investment Properties

Options for business purpose loans. No tax returns required. Qualifying loans with property cash flow.

Highlights

Loan amounts up to $3M

Up to 80% LTV available

FICOs as low as 640

660+ FICO for cash-out, DSCR .75 - .99

First-time investors allowed, min FICO 680

5-8 units, condotels, and non-warrantable condos allowed

Activator

HOMEBUYERS

Alt Doc | Non-Traditional Borrowers

Flexible solutions with broader qualification methods and documentation types.

Highlights

Loan amounts up to $3M

660 FICO up to 70% LTV

Max DTI up to 50%

Up to 6% seller concessions towards closing costs

Up to 20 acres allowable

Non-warrantable condos allowed

Accelerator Full/Alt Doc

INVESTORS

Income Qualifying Investment Properties

Increase opportunities for investor borrowers with income qualifications.

Highlights

Loan amounts up to $3M

Up to 80% LTV available

Min FICO as low as 660

100% gift for down payment & closing cost

Asset depletion can be used as an individual or supplemental source of income

ITIN Activator

HOMEBUYERS

Alt Doc for ITIN Borrowers

Financing for consumers looking to take part in the American Dream.

Highlights

Loan amounts up to $1M

Up to 85% LTV (Purchase & R/T)

Up to 75% LTV (Cash out)

FICOs as low as 660

Gift funds may be allowed for down payment & closing costs. Certain restrictions apply.

Ambassador

INVESTORS

Foreign National | DSCR

For Foreign Nationals who dream of buying or are looking to refinance an investment property in the United States.

Highlights

Max loan amount $1.5M

Max LTV/CLTV 70%

Investment properties only

Condotels and warrantable condos allowed

Short-term rental properties accepted (DSCR ≥ .75)

Cash-out may be used to satisfy reserve requirements

ITIN Accelerator

INVESTORS

DSCR for ITIN Borrowers

DSCR l No Ratio financing for ITIN investors looking to take part in the American Dream.

Highlights

Loan amounts up to $1M

Up to 80% LTV (Purchase & R/T)

FICOs as low as 660

First-time homebuyers welcome

Short-term rentals allowed

Cash out can be used towards reserves. Certain restrictions apply.

*See full guidelines for eligibility and additional requirements.

Learn the difference

Consumer vs. Business Purpose Loans

Consumer Purpose

Business Purpose

Overview

Financing for personal purposes. Typically owner-occupied and second homes. Learn more >

Financing for rental properties that generate income or property used commercially
> 50% of the time
Learn more >

Ideal Borrowers

Homebuyers

Borrowers who own real estate, investors, or entities

Documentation Types

12-month bank statements
W2
1099
Asset Utilization

PITIA
Property income analysis

Types of Loans

Alt Doc
ITIN

DSCR
No Ratio
ITIN

Time to Close

Closes faster than agency loans with no wait times

In as little as 5 business days (with transferred appraisal)

CDFI Rate Improvement

Available for eligible borrowers

Consumer Purpose vs Business Purpose

Overview

Consumer Purpose

Financing for personal purposes. Typically owner-occupied and second homes.

Business Purpose

Financing for rental properties that generate income or property used commercially> 50% of the time

Ideal Borrowers

Consumer Purpose

Homebuyers

Business Purpose

Borrowers who own real estate, investors, or entities

Documentation Types

Consumer Purpose

12-month bank statements
W2
1099
Asset Utilization

Business Purpose

PITIA
Property income analysis

Types of Loans

Consumer Purpose

Alt Doc
ITIN

Business Purpose

DSCR
No Ratio
ITIN

Time to Close

Consumer Purpose

Closes faster than agency loans with no wait times

Business Purpose

In as little as 5 business days (with transferred appraisal)

CDFI Eligibility

Consumer Purpose

Rate & price improvements

Business Purpose

Rate & price improvements

Partner With Us

Program Guidelines

Find the latest forms and guidelines for our products, services, and more.

Ally

PROGRAM

Owner-Occupied | No Ratio

Unlock the opportunity of homeownership to more diverse borrowers.

Activator

PROGRAM

Alt Doc | 40 YR I/O

Flexible solutions with broader qualification methods and documentation types.

Accelerator Expanded

PROGRAM

No Ratio | DSCR ≥ .50

More expansive guidelines.

Accelerator

PROGRAM

DSCR | Investor

Debt Service Coverage Ratio options.

PRIMARY RESIDENCE and SeCOND HOMES

Alt-Doc

ACTIVATOR

Alt-Doc | Non-Traditional Borrowers

Bank Statements, P&L-only, 1099-only, WVOE-only, and Asset Depletion options.

Full-Doc

ACTIVATOR

Primary & Second Homes

Pathway for borrowers with diverse financial profiles (small business owners, self-employed, etc).

ITIN Alt-Doc

ACTIVATOR

Alt-Doc | Non-U.S. Citizens

Individual Taxpayer Identification Number (ITIN) accepted in place of SSN for borrower identification.

Foreign National Full/Alt-Doc

AMBASSADOR

Non U.S. Citizens | Second Home

Designed for borrowers who do not live or work in the U.S. but wish to purchase additional real estate.

Investment properties

DSCR 1-4 Unit

ACCELERATOR

DSCR ≥ .75 + No Ratio

Financing solution investment properties that can build equity and increase cash-flow.

DSCR 5-8 Unit

ACCELERATOR

5-8 Unit | DSCR > 1.0

Qualify using investment property's cash flow/income using a debt-to-service ratio.

Alt-Doc

ACCELERATOR

Alt-Doc | Investment Properties

12-Month Business or Personal Bank Statements, P&L-only, 1099-only, WVOE-only, and Asset Utilization options.

Full-Doc

ACCELERATOR

Investment Properties

W2, Tax Returns, and Retirement for Primary, Second, and Investment properties.

ITIN DSCR

ACCELERATOR

1-4 Unit | DSCR > .80

Individual Taxpayer Identification Number (ITIN) accepted for non-U.S. citizen investors.

Foreign National DSCR

AMBASSADOR

1-4 Unit | All DSCR Scores + No Ratio

Designed for borrowers who do not live or work in the U.S. can invest in U.S. real estate.

Program Guidelines

Find the latest forms, guidelines, and product matrices.

CDFI eligible rate improvements available on all loan programs.

View all

Ally

PROGRAM

Owner-Occupied | No Ratio

No income and no employment verification required. Open the doors to underserved borrowers.

Accelerator

PROGRAM

DSCR | Investor

Debt Service Coverage Ratio options for business purpose loans. No tax returns required. Qualifying loans with property cash flow.

ITIN

PROGRAM

Alt-Doc | For Non-U.S. Citizens

For non-U.S. citizens who don't have a SSN, we accept Individual Taxpayer Identification Number (ITIN).

Activator

PROGRAM

Alt Doc | 40 YR Interest Only

Flexible solutions with broader qualification methods and documentation types.