EZ Prime ProgramIdeal for borrowers with a strong credit profile and ample reserves
Empowering the dreams of diverse homeowners and underserved communities by providing non-traditional access to prime capital for underbanked borrowers and communities.
EZ Prime offers quick qualifying based on loan-to-value, FICO, and liquidity. It features great rates for borrowers with a strong credit profile and ample reserves, eliminating unnecessary documentation for the credit underwriting decision. With EZ Prime, income is not verified and debt-to-income is not calculated.
- Primary and secondary residences
- Loan amounts up to $3M
- Quick qualify based on reserves:
- 60 months with FICO of 740
- 84 months with FICO of 700
- Asset seasoning 30 days
- Loan-to-value (LTV) up to 80% on Purchase/Rate & Term Refinance
- LTV up to 75% on Cash Out Refinance
- Foreclosure, short sale, and bankruptcy seasoning: 48 months
- Fixed and Adjustable-Rate Mortgage (ARM) options available