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| FHA |
| VA IRRRL (Interest Rate Reduction Refinance Loan) |
| VA PURCHASE |
| HARP LOAN |
| FREDDIE MAC |
| FANNIE MAE |
| ARM LOAN |
| JUMBO LOAN |
| CONVENTIONAL MORTGAGE LOAN |
| NON-CONFORMING LOAN |
| MODULAR AND MANUFACTURED PURCHASE AND REFINANCE LOANS |
| CONSTRUCTION TO PERMANENT FINANCING |
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FHA
FHA Highlights
Down to 550 FICO Score (LTV restriction when <580)
580 FICO for 90% and above
No DTI Restrictions, Follow AUS
Collections Only Need to be Paid if Required by AUS
No Minimum Credit History or Trade Lines with AUS Approval
No VOR Unless Required by DU Findings
Non-Occupant Co-Signers to Help Qualify
Mortgage Lates OK if AUS Approved
Borrower with Work Permits/Non-Resident Aliens OK
Rental Income on 2-4 Unit Properties OK for 1st Time Homebuyers.
W2 Transcripts OK for Wage Earners
Disclaimer: Montgomery Realty and Financial Services is a Mortgage Broker Company and not a direct lender or servicer of loan products. Loans subject to credit and collateral approval. Restrictions may apply. Terms & conditions subject to change.Inquire within Montgomery Realty and Financial Services for details and pricing.
Montgomery Realty & Financial Services NMLS #1116788
Bryian Montgomery NMLS #360947
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VA IRRRL (Interest Rate Reduction Refinance Loan)
*VA Standard: cash out IRRRL 1-4 units conforming and non-conforming 100% loan to value fico 640 score.
* Rate and Term NO Appraisal IRRRL 1-4 units conforming and non-conforming 105% loan to value fico 550 score.
* Rate and Term IRRRL 1 unit conforming unlimited loan to value fico 620 score.
*VA Advantage cash out IRRRL 1-4 units conforming 105% loan to value fico 550 score.
* Rate and Term IRRRL 1-2 units conforming 105% loan to value fico 550 score.
* Rate and Term IRRRL NO Appraisal 1 unit non-conforming unlimited loan to value fico 620 score.
Disclaimer: Montgomery Realty and Financial Services is a Mortgage Broker Company and not a direct lender or servicer of loan products. Loans subject to credit and collateral approval. Restrictions may apply. Terms & conditions subject to change.Inquire within Montgomery Realty and Financial Services for details and pricing.
Montgomery Realty & Financial Services NMLS #1116788
Bryian Montgomery NMLS #360947
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VA PURCHASE
Inquire within Montgomery Realty and Financial Services for details and pricing.
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HARP LOAN
Refer to Resource Link for product description. Inquire within Montgomery Realty and Financial Services for details and pricing.
Disclaimer: Montgomery Realty and Financial Services is a Mortgage Broker Company and not a direct lender or servicer of loan products. Loans subject to credit and collateral approval. Restrictions may apply. Terms & conditions subject to change.
Montgomery Realty & Financial Services NMLS #1116788
Bryian Montgomery NMLS #360947
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FREDDIE MAC
Freddie Mac Highlights
*Only 1 Borrower Required to have a Usable Score
*Blended Ratios with a Non-Occupant Co-Borrower
*Streamlined Condo Reviews on Owner to 90% LTV
*620 Min FICO, including Super Conforming
*Super Conforming Investment Purchase to 80% LTV (75% R/T)
*Max DTI 50% LTV w/ AUS Approval
*100% Gift Funds OK if Primary Residence Regardless of LTV
*Delayed Financing (Cash-Out within 6 Months)
*Unlimited Financed Properties on Owner Occupied - 6 for 2nd Home + Non Owner Occ
*Employment Contracts for Salaried Borrowers OK with VOE Prior to Close
*W2 Validation/Transcripts Permitted
*6 Month Seasoning for Cashout
*OK to Use Credit Card, Cash Advance, Unsecured lines for Closing Costs
*Exclude Pending Sale Mtg Payment if in Contract and Financing Contingency has been Removed
Disclaimer: Montgomery Realty and Financial Services is a Mortgage Broker Company and not a direct lender or servicer of loan products. Loans subject to credit and collateral approval. Restrictions may apply. Terms & conditions subject to change.Inquire within Montgomery Realty and Financial Services for details and pricing.
Montgomery Realty & Financial Services NMLS #1116788
Bryian Montgomery NMLS #360947
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FANNIE MAE
Fannie Mae Highlights
*Follow AUS
*Loan Amounts to High Balance Limits Per County
*100% Gift Allowed, regardless of LTV (One Unit Principle Residence)
*No Max DTI, Follow DU
*Blended ratios w/ Non-Occ co-borrower
*Up to 10 Financed Properties on 2nd Home and Non-Owner -
*Unlimited Financed Properties on Owner Occupied Transactions
*4 Years on Short Sales no 80% LTV restriction
*W2 Validation/Transcripts Permitted
*DU Refi Plus to Unlimited LTV, No Minimum FICO
*Minimum FICO Score 620
*No Landlord Experience Required for Rental Income
*Cash-Out within 6 Months
*Asset Depletion
*8Limited Condo Reviews to 90% LTV
*100% value of assets may be used for reserves (eg. stocks, bonds, mutual funds)
*No Equity Requirement on Departing Residence
Disclaimer: Montgomery Realty and Financial Services is a Mortgage Broker Company and not a direct lender or servicer of loan products. Loans subject to credit and collateral approval. Restrictions may apply. Terms & conditions subject to change.Inquire within Montgomery Realty and Financial Services for details and pricing.
Montgomery Realty & Financial Services NMLS #1116788
Bryian Montgomery NMLS #360947
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ARM LOAN
Refer to Resource Link for product description. Inquire within Montgomery Realty and Financial Services for details and pricing.
Disclaimer: Montgomery Realty and Financial Services is a Mortgage Broker Company and not a direct lender or servicer of loan products. Loans subject to credit and collateral approval. Restrictions may apply. Terms & conditions subject to change.
Montgomery Realty & Financial Services NMLS #1116788
Bryian Montgomery NMLS #360947
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JUMBO LOAN
Jumbo Highlights
*Loans from $417,001 - $3M (more on exception) -
*Loan amounts down to $250k on Interest only to $2M at 80% LTV
*90% with NO MI to $1.5M
*Primary Residence, Second Home and Investment
*Cash Out Available up to $2.5M (50% LTV)
*85% LTV to $2M - Purchase (80% R/T)
*Gift Funds for Down Payment regardless of Occupancy
*Low FICO Score Requirements - 660
*Ratios - Max DTI 50%
*Property Types – SFR, PUD, 1-4 Units, Condos
*“Make Sense” Underwriting Guidelines
*Asset Depletion for Income Qualifying
*Use of Business Funds for Down Payment and Closing Costs is Acceptable
*Retirement for Reserves
*Subordinate Financing OK
Disclaimer: Montgomery Realty and Financial Services is a Mortgage Broker Company and not a direct lender or servicer of loan products. Loans subject to credit and collateral approval. Restrictions may apply. Terms & conditions subject to change.Inquire within Montgomery Realty and Financial Services for details and pricing.
Montgomery Realty & Financial Services NMLS #1116788
Bryian Montgomery NMLS #360947
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CONVENTIONAL MORTGAGE LOAN
Inquire within Montgomery Realty and Financial Services for details and pricing.
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NON-CONFORMING LOAN
Disclaimer: Montgomery Realty and Financial Services is a Mortgage Broker Company and not a direct lender or servicer of loan products. Loans subject to credit and collateral approval. Restrictions may apply. Terms & conditions subject to change.Inquire within Montgomery Realty and Financial Services for details and pricing.
Montgomery Realty & Financial Services NMLS #1116788
Bryian Montgomery NMLS #360947
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MODULAR AND MANUFACTURED PURCHASE AND REFINANCE LOANS
Refer to Resource Link for product description. Inquire within Montgomery Realty and Financial Services for details and pricing.
Disclaimer: Montgomery Realty and Financial Services is a Mortgage Broker Company and not a direct lender or servicer of loan products. Loans subject to credit and collateral approval. Restrictions may apply. Terms & conditions subject to change.
Montgomery Realty & Financial Services NMLS #1116788
Bryian Montgomery NMLS #360947
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CONSTRUCTION TO PERMANENT FINANCING
Refer to Resource Link for product description. Inquire within Montgomery Realty and Financial Services for details and pricing.
Disclaimer: Montgomery Realty and Financial Services is a Mortgage Broker Company and not a direct lender or servicer of loan products. Loans subject to credit and collateral approval. Restrictions may apply. Terms & conditions subject to change.
Montgomery Realty & Financial Services NMLS #1116788
Bryian Montgomery NMLS #360947
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