Products | Open Mortgage

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Traditional Products

620 FICO with LTV up to 97%
High Balance Loan Amounts Available
Double-Wide Manufactured Homes up to 95%
Fannie or Freddie Approve Eligible/Accept Required

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620 Minimum FICO
LTV up to 96.5% Purchase, 97.75% Refi
30 and 15 Year Terms Available
2-1 Buydown Option Available

550 Minimum FICO
Up to 100% LTV/CLTV
Non-Traditional Credit Allowed
Max Ratio 29%/41%

540-579 FICO with LTV up to 90% (Max 50% DTI)
580+ FICO with LTV up to 96.5% (Max 55% DTI)
High Balance Available
Manual Underwrites Allowed

3.5% Down Payment Assistance
100% Financing In-House U/W
Funds Can Be Used for Down Payment or Closing Cost
DU/LP Approval Required

540-579 FICO with Maximum 90% LTV
580+ FICO with Maximum 100% LTV
Loan Amounts / Cash-Out up to $1.5 Million
Manual Underwrites Allowed

Allowed on Conventional, VA, and FHA
Conventional: Allowed to 95% LTV with 620 FICO
FHA: Allowed to Maximum Financing with 540 FICO
VA: Allowed to Maximum Financing with 540 FICO

Non-QM Products

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Full Doc Matrix

640 Minimum FICO
Loan Amounts up to $3.5MM
Up to 90% LTV Purchase/R&T
Max Cash-in-Hand to $1.5MM up to 80% LTV

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640 Minimum FICO
Purchase/R&T to 85% LTV up to $1MM
Cash-Out to 75% LTV up to $1MM
Vrbo and Airbnb Allowed

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700 Minimum FICO or Foreign Credit
Purchase to 75% LTV
Cash-Out to 65% LTV
First-Time Investor Allowed

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660 Minimum FICO
Loan Amounts up to $3.5MM
Up to 90% LTV Purchase/R&T
Max Cash-Out: > 60% LTV $750K, < 60% LTV Unlimited

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660 Minimum FICO
Purchase/R&T to 80% LTV up to $1MM
Cash-Out to 75% LTV up to $1MM
Vrbo, Airbnb, HomeAway Allowed

For Matrices, see NonQM Prime

660 Minimum FICO
OO Purchase/R&T/Cash-Out to 80% LTV
NOO Purchase/R&T to 75% LTV
Loan Amounts up to $1.5MM

Traditional Products

Non-QM Products

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