top of page
Business Meeting

AARC FUNDING CAN HELP WITH ALL YOUR MORTGAGE NEEDS

From Start to Finish

MORE OPTIONS… To close your non-prime loans

AARC Funding offers alternative lending programs to help your borrowers who may not meet general Agency financing guidelines. Expand your product offering and grow your business with our unique programs.

​

Non-Prime/Recent Housing Event
Credit scores as low as 500 (including jumbo loans)

  • Up to 90% LTV (purchase & R/T) w/ no MI

  • 1 day out of FC, SS, BK, or DIL

  • Up to 80% LTV (cash-out)

  • Loans up to $1 million (minimum loan $75,000)

  • Cash out for reserves OK

  • Mortgage lates are OK

  • DTI up to 50% considered

  • Limited or no tradelines OK to max 75% LTV

  • Max cash-out to $500,000


Portfolio Select/Alt-A
Up to 90% LTV (purchase & R/T)

  • Up to 85% LTV (cash-out) w/ no MI

  • 2 years seasoning FC, SS, BK, or DIL

  • Recently discharged BK 13 to 90% LTV (if paid as agreed 24 Mos)

  • Loans up to $3 million (minimum loan $75,000)

  • Cash out for reserves OK

  • Credit scores starting at 600

  • Max 1×30 mortgage lates OK last 12 months

  • Option to qualify with assets instead of income

  • Asset Depletion program available

  • 1 Year Tax Return Program Available


Bank Statement (Personal or Business) 
24 months business bank statements to 90% LTV with no MI

  • 12 month personal bank statements to 90% LTV with no MI

  • Simple third party prepared expense statement required

  • 2 years seasoning FC, SS, BK, or DIL

  • No tax returns/transcripts required

  • DTI above 40/45 considered with 660+ credit score

  • Loans up to $3 million (minimum loan $150,000)

  • Credit scores starting at 620 (no multi-family properties)

  • First-time homebuyers OK (subject to additional guidelines)

  

Investor Cash Flow
No personal income used to qualify

  • No limit on number of properties financed (5 with AOMS)

  • No DTI restrictions

  • Must have housing history and own a primary home

  • No employment required on application

  • 2 years seasoning FC, SS, BK, or DIL

  • Qualification based on property cash flow

  • Loans up to $1 million (minimum loan $75,000)

  • Up to 80% LTV (including cash-out)

  • Credit scores starting at 660

  • Interest only available


Asset Qualifier:
Up to 75% LTV (purchase or delayed financing)

  • 5 years seasoning FC, SS, BK, or DIL

  • Credit score of 700+ required

  • Loans up to $3 million (minimum Loan $150,000)

  • No DTI restrictions

  • Requires 60 months of recurring monthly payments post closing

  • No 4506 required

  • Must document minimum $500,000 in post closing assets

  • Primary residence only

  • Assets must be sourced/seasoned for a minimum of 12 months 


Platinum
Credit scores starting at 660

  • 4 years seasoning FC, SS, BK, or DIL

  • Loans up to $3 million (minimum Loan $150,000)

  • Up to 90% LTV/CLTV

  • Owner-occupied / second homes

  • Interest-only available

  • No pre-payment penalty

  • Cash-out available – $500,000 maximum

  • Full doc and bank statements available

  • Asset Qualifier available

  • 1 Year Tax Return Program Available

  

   Foreign National
Up to 75% LTV (purchase or refinance)

  • Simple credit reference letters to satisfy trade lines

  • No US or international credit required

  • No SSN or ITIN required

  • 12 months reserves required

  • Loans up to $750,000 (higher amounts case by case)

  • Reserves can remain in foreign account

  • Minimum loan amount down to $75,000

  • Fewer country restrictions than other lenders

  • DTI up to 50% considered

     


Non-warrantable condos considered across all programs

bottom of page