Program Details

• No U.S. credit / no SSN is acceptable
• Tax returns are not required
• Income is verified with a letter from the borrower’s employer or CPA, breaking out 2 years of income, in local currency and converted to USD.
• If buyer has liquid assets exceeding 110% of the purchase price, income verification is not required.
• If income cannot be verified, qualify under Investor Program
• Down payment money can be gifted
• Money has to be in the U.S. only 10 days prior to closing
• We only verify mortgages originated in the U.S. – no foreign credit report is run
• Bank statements must be translated into English; we have a service that can do the translations
• Only 3 months reserves required