THE ALT-A MORTGAGE: COULD YOU BENEFIT?

Who do such mortgage products benefit?

As a rule, the majority of conventional mortgage lenders in Texas won’t approve a new home loan prior to applicants providing proof of their earnings and passing a mandatory credit check. In fact, many mortgage lenders in the United States will also ask to see evidence of what funds people have available to put down upfront as a down payment on a property.
What, however, if mortgage lenders didn’t have to see and check so much paperwork? Would this make things easier? Well, with Alt-A mortgage products, some mortgage lenders are already offering mortgages with relatively minimal vetting of potential home buyers. The only question is, what is an Alt-A mortgage

What is an Alt-A mortgage

• No Income verification loans
• 12 and 24 months bank statements
• Up to 90% LTV
• Primary, 2nd Home & Investment
• Up to $3 million loan amount
• Credit scores as low as 500
• Interest Only option available
• Non-warrantable condos available
• And More

Find out if I qualify for an ALT-A Mortgage loan!

Contact US

For general information or to set up an appointment please complete the form below or give us a call.

SIGNATURE

15851 Dallas Pkwy, Ste 600 Addison, Texas 75001

Recent Posts