Borrower doesn’t give :
  • Income Information
    		•
  • Asset Information
    		•

    Imperial Funding gives :
  • 95% LTV for borrower
    		•
  • Loan amounts to 300k
    		•

    Program Parameters:
  • LTV to 95%
  • Loan Amounts to $500,000 @ 85% LTV
    		•
  • Minimum 620 credit score (600 score > 90% LTV
    		•
  • Max $100,000 cash-out ($50,000 cash in hand)
    		•
  • Mortgage/Rent history (full 24 month history required): 0x30 last 24 months
    		•
  • Consumer credit performance disregarded
    		•

    No Income No Asset (NINA)
  • 1003 must include employment information and must not include any asset or             income information
  • We will verbally verify employ met (but not asset or income) prior to closing
    		•

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