FundLoans

This financial advisor needed a 2nd mortgage to consolidate significant credit card debt. To lower his DTI and interest rate, FundLoans supplemented the borrower’s qualifying income with asset depletion. From three retirement accounts totaling $300K, we took 70% (since he was under retirement age) and divided by 84 months, effectively adding $2,500 to their monthly income. Loan Details: Location: Laguna Beach, CA Loan Program: Aspire X – Standalone 2nd Program Loan Amount: $600,000 Transaction Type: Cash-Out/Debt Consolidation Property Type: SFR CLTV: 74.5% Credit Score: 724 Loan Term: 30-yr Fixed

This borrower qualified with both W2 income and asset allowance. Liquidated Bitcoin covered the full down payment, closing costs, reserves, and assets for asset allowance. By converting enough crypto to cash, the borrower lowered their DTI from 94% to 49%. Loan Details: Loan Program: Montage Prime – Full Doc & Asset Allowance Loan Amount: $2,955,000 Property Type: SFR LTV: 75 Credit Score: 722 Loan Term: 30-yr fixed

FundLoans qualified this borrower with a P&L statement to avoid sourcing large deposits and to provide a clear overview of the business. We helped the them lower their rate, pay off an imminently due construction loan, and get cash-out, all without showing a single bank statement. Loan Details: Location: Coachella, CA Loan Program: Apex Prime - P&L Only Program Loan Amount: $2,299,500 Transaction Type: Cash-Out Refinance Property Type: SFR LTV: 70% Loan Term: 30-Year Fixed

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FundLoans’ scenario desk will make exceptions for strong borrower profiles. Although we usually require 50% ownership on business bank statement loans, we got this deal done even though the borrower was only a 35% owner. FundLoans made an exception due to the strong deposits, credit history, and low DTI. Loan Details: Location: Miami, FL Loan Program: Apex Prime – Business Bank Statement Program Loan Amount: $2.96M Transaction Type: Purchase Property Type: SFR LTV: 80% Loan Term: 30-Year Fixed #RecentlyFunded #NonQM

FundLoans can do a cash-out refinance up to $4 million. In this case, we financed a smooth bank statement deal for a Florida resident. Loan Details: Location: Pinecrest, FL Loan Program: Apex – 12-month Bank Statement Program Loan Amount: $3,465,000 Transaction Type: Cash Out Property Type: SFR Credit Score: 776 Loan Term: 30-year IO #RecentlyFunded #NonQM

Calling all mortgage brokers and loan officers *** Help your clients achieve their financial goals with unlimited cash in hand! Unlike most lenders, we have no limit to cash in hand on cash out refi's (1st & 2nd liens). This includes properties that were recently listed.? Borrowers can access unlimited funds based on their equity with quick approval and competitive rates.?Let's help them unlock the full potential of their home equity and achieve their dreams! Please reach out to learn more. ?? ?? #nonqm #cashoutrefinance #brokersarebetter

We appreciate your business, Alejandro.