12/24 Month Bank Statement
- Min.FICO 620
- Up to 90% CLTV
A perfect fit for self-employed borrowers
- Personal, business, or combined bank statement
- 3 months of reserves
- Concierge Service for income calculation
Foreign Nationals Full Doc
- No score or FICO 660
- Up to 75% CLTV
Qualify Foreign National borrowers with overseas income
- Loan amounts up to $2 million
- Overseas assets allowed
- RON allowed
Foreign Nationals DSCR
- No score or FICO 680
- Up to 70% CLTV
Qualify Foreign Nationals seeking investment properties with minimal documentation and fast closings
- Loan amounts up to $2 million
- Cash-out allowed
- DSCR < 1 requires min FICO 680 or no FICO
WVOE
- Min.FICO 620
- Up to 80% CLTV
A loan solution for salaried borrowers with no tax returns
- FNMA Form 1005
- 3 months of reserves
- No tax returns required
Fast and intuitive
- Min.FICO 620
- Up to 80% CLTV
Close DSCR loan with the fastest turn times in the industry
- No ratio loans
- No income no employment
- Condotels, condo, SFR, townhomes, 2-4 units, PUD, short-term rentals, leasehold, SFR rural, manufactured housing
1Y + 2Y P&L
- Min.FICO 660
- Up to 80% CLTV
The easiest alternative solution for self- employed borrowers
- P&L by a licensed CPA, enrolled tax agent, or licensed tax preparer
- No bank statements required if CLTV <= 65%
- Loan amounts up to $4 million
1Y or 2Y Full Doc Non- QM
- Min.FICO 620
- Up to 90% CLTV
A flexible Non-QM solution for Full Doc borrowers
- Loan amounts up to $4 million
- DTI up to 55% on owner-occupied
- 3 months of reserves
1099
- Min.FICO 620
- Up to 85% CLTV
An ideal loan for sole proprietors or contract individuals
- 1099s for the last 1 year
- 1-year history with the same employer
- Gift funds allowed
Asset Utilization
- Min.FICO 620
- Up to 80% CLTV
An ideal solution for borrowers with liquid assets: retirees, investors, and the self-employed
- Qualifying assets / 60 months
- 3 months of reserves
- Loan amounts up to $4 million
Prime Jumbo
- Min.FICO 680
- Up to 80% CLTV
A solution for borrowers seeking large home loans
- Loan amounts up to $2.5 million
- DTI up to 45%
- No MI required
FHA High Balance
- Min.FICO 620
- Up to 97.75% CLTV
A mortgage option allowing for larger loan amounts in high-cost areas
- Loan amounts up to $1,149,285
- DTI up to 55%
- Primary residence, second home
FHA Streamline Refinance
- Min.FICO 640
Current FHA loan refinance solution with minimal requirements
- No appraisal for stick-built properties
- Min. 6 payments on current FHA loan
- Primary residence
FHA Standard
- Min.FICO 620
- Up to 97.75% CLTV
Qualify homebuyers with limited down payment capabilities
- Loan amounts up to $498,257
- DTI up to 55%
- LTV up to 97.75%
Second Mortgage
- Min.FICO 660
- Up to 85% CLTV
A solution to secure additional funding with existing equity
- Loan amounts up to $500,000
- DTI up to 50%
- Owner-occupied, second home, or investment
Freddie Mac Refi Possible
- Min.FICO 620
- Up to 97% CLTV
A flexible refinance option with simplified underwriting
- Reduced documentation
- DTI up to 65%
- Owner-occupied, 1-unit primary residence
Fannie Mae RefiNow
- Min.FICO 620
- Up to 97% CLTV
A flexible refinance option with simplified underwriting
- Reduced documentation
- DTI up to 65%
- Owner-occupied, second home, or investment
Conventional High Balance
- Min.FICO 620
- Up to 97% CLTV
Qualify homebuyers seeking properties exceeding the standard limits
- Loan amounts up to $1,149,825
- Primary, secondary homes, and investment
- More competitive rates and easier guidelines
Hard Money
- Min.FICO 580
- Up to 70% CLTV
A solution to bridge the gap when transitioning from one home to another
- Loan amounts up to $2.5 million
- 5-year interest only
- Close in an LLC
We are an independent mortgage brokerage licensed through DRE, proudly serving clients since 2007.
DRE#01480904 and NMLS# 300923
Company
Get In touch
- 510-786-8739
- info@simtg.com
- 44840 South Grimmer Blvd Fremont, CA 94538
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