HomeXpress Mortgage Corp

2) Asset converted to additional income to supplement primary source of income

3) Can use the higher score between the Borrower and Co-borrower. 

Consumer and Business loans in 48 states (not offering in NY, VT, ND & SD)

• 90% purchase and refi R&T with Bank Statements

• P&L Only Program

• Non-Warrantable Condos

• Short-Term Rentals

• Loans Amounts up to $4mm

• No Income Doc Non-Owner Program

• Still qualify if DSCR below .75

• Allowed to originate DSCR loans without NMLS license (States that do not require license)

• Financed discount points to offset Lender Paid Comp

• Asset based programs (qualify based on 401k, stocks, bonds, cash)

• Asset Assist Program (adds up to 50% additional income for DTI using assets)

• No Credit needed for Co-borrower

• DTI up to 55%

• 1x60 allowed on mortgage history

• 1 day out of BK ok

• 1 day out of F/C ok

• Cash out can be used as reserves.

• Foreign National Programs up to 75%

• 24-48hr Underwriting Decisions