The Flex Select program is a Non-QM loan solution designed with precision and flexibility in mind. With an LTV of up to 90% and a wide loan amount range, it’s suitable for diverse financial scenarios. The program’s core strength lies in its adaptability, whether for owner-occupied residences, second homes or investment properties, it provides a structured yet accommodating approach. With a clear focus on the borrower’s financial profile, the program requires only a minimum FICO of 640 based on the primary wage earners middle score. Its reduced documentation period and a pragmatic view on recent credit events underscore its commitment to efficiency. In addition to the full documentation option, this product also provides options for the self-employed borrower to determine what documents will best tell their financial story utilizing either business or personal bank statements, 1099 or P&L with or without bank statements to qualify. When the agency route just won’t work for your borrower’s specific scenario, our Flex Select program is a perfect alternative. In essence, the Flex Select program offers a balanced, professional and comprehensive mortgage solution.
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This information is intended for the exclusive use of licensed real estate and mortgage lending professionals in accordance with all laws and regulations. Distribution to the general public is prohibited. Rates and programs are subject to change without notice.
Texas Residents: Consumers wishing to file a complaint against a mortgage company or residential mortgage loan originator licensed in Texas should send a completed complaint form to the Department of Savings and Mortgage Lending (SML): 2601 N. Lamar Blvd., Suite 201, Austin, Texas 78705; Tel: 1-877-276-5550. Information and forms are available on SML's website: sml.texas.gov.
Regulated by the Illinois Department of Financial & Professional Regulation - Illinois Residential Mortgage License # MB.6761251
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State of Illinois community reinvestment notice - The Department of Financial and Professional Regulation (Department) evaluates our performances in meeting the financial services needs of this community, including the needs of low-income to moderate-income households. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encouraged. You may obtain a copy of our evaluation. You may also submit signed, written comments about our performance in meeting community financial services needs to the Department.
Arizona Mortgage Banker License # 1004354
Delaware Lender License # 027932
MA Mortgage Broker License MC75597 | MA Mortgage Lender License MC75597
