Foster Weeks | NMLS 253370

Loan Niches

Out-of-the-Box Lending for otherwise well qualified borrowers

As a Banker/Broker we have a robust portfolio of investor relationships, many of whom will consider a loan on a file that may have been declined at other institutions.  The list below are the most common examples of solutions available, although not comprehensive.  So if you have a need for alternative underwriting on a good loan emai us the scenario or call 415-345-4375.

Assets/Down Payment/Equity

  • 100% of Down Payment can be a gift
  • Bridge Loans
  • Unlimited cash-out

Credit

  • 1 day Off Market
  • Alternative Tradelines
  • BK 
  • Foreign credit
  • Foreclosure
  • Limited number of Tradelines
  • Short Sales

Income/DTI

  • Asset Depletion
  • Bank Statement
  • Change in business structure
  • Non-Occupant Co-Borrower
  • Note income
  • Restricted Stock Units (RSUs)
  • W-2 to consulting/1099

Ownership

  • Entity Vesting (e.g. LLC)
  • Foreign Nationals
  • Non-Permenant Resident Alien
  • Trusts (blind, revokable, irrevokable)*

Property

  • Condo Conversions
  • Condos in Litigation*
  • Entity Vesting (e.g. LLC)
  • Live-Work
  • Lofts
  • Mixed Use
  • Non-warrantable condos
  • Recently Listed on MLS for sale
  • TICs (both fractional and group)*
  • Unwarrantable condos*

*Broker - American Pacific Mortgage Corporation does not offer this program, but will utilize a broker source to underwrite and fund.

Want to know more about alternative financing? Call or email us for options.

If you've had trouble finding a place for your loan, the best place to start is by focusing on the issue at hand, then we can search our portfolio of lenders for your solution.

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