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Here is a list of criteria that Topdot considers when funding a loan:
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Income considerations
- FIV
- Stated W/E
- Stated S/E
- 24 month's bank statements
- 12 month's bank statements
- 6 month's bank statements (Lite Doc)
- Stated income/verified assets
- Stated income/stated assets
- No Ratio
- NINA
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Credit considerations
- Min Credit score 500
- 95LTV , 660 Fico, Full Doc
- Stand alone seconds down to 660 (Full Doc)
- Stand alone seconds 90CLTV
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Collateral consideration
- 1-4 Family properties
- Condos (low/hi rise)
- O/O, 2nd Homes, N/O/O
- Rural
- PUD's
- Townhouses
- Max Loan Amount $3,000,000
- Miniumum Loan Amount $50,000
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Broker login
Account Executive
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