5TH STREET CAPITAL— Non QM

Lender: 5^th Street Capital
Patriot Pacific Broker ID:
LPC: N/A
On LoanSifter: N
Website: www.5thstcap.com Instagram https://www.instagram.com/5thstcap/
NMLS: 1436495
Account Rep Name: Mike Shields
Account Rep Email: [email protected]
Account Rep Tel 1:  (888) 702-3385 Office
Account Rep Tel 2: (760) 579-3735 Cell
Lock Cutoff: https://www.5thstcap.com/docs/ratelock-policy.pdf
Loss Payee:
5th Street Capital, Inc. its successors and/or assigns as their interests may appear
2020 Camino Del Rio N, Suite 700
San Diego, CA 92108

FHA Lender ID:  N/A
VA Lender ID: N/A

Offer USDA Loans: N
Correspondent?  N
Details:
Daily Updates:
Training Info:
Useful Contacts: Company tel ph: (888) 702-3385  |  fax: (888) 702-2965
Notes/Bullet points:

Product details https://www.5thstcap.com/products/

DSCR

Programs for Permanent Residents, Non Permanent Resident Aliens, and Foreign National Borrowers

Vesting in Entities

Cross Collateral

Cannabis Industry:

5th Street Capital does not limit the borrower’s percentage of ownership of a legal cannabis industry related business, unlike the conventional requirements which only allow up to 25% ownership. Nine of the states in which we are licensed allow this as qualifying income

Scenario Desk: https://www.5thstcap.com/products/scenario-desk.php

AAA Lendings

COMING SOON

Lender: AAA LENDINGS
Patriot Pacific Broker ID:
LPC:  200 Bps
On LoanSifter:
Website: www.WholesaleAAALendings.com
NMLS: 295075
Account Rep Name: Ozzy Favela | Sales Manager
Account Rep Email: Ozzy@aaalendings.com
Account Rep Tel 1: 323-243-5556
Account Rep Tel 2:
Lock Cutoff:
Loss Payee:

FHA Lender ID: 7127400001
VA Lender ID: 74032200001

Offer USDA Loans Y/N?
Correspondent ? N
Details:
Daily Updates:
Training Info:  SEE BELOW and also for QM Community Loan see  https://app.box.com/s/tk2h52jzjlbr146csicndl1z1at14oby

1. How to register and submit loan Watch The Video

2. How to upload conditions Watch The Video

3. How to do COC through TPO Portal Watch The Video

4. How to order and tracking appraisal via TPO Portal Watch The Video

5. How to request loan docs via TPO Portal Watch The Video

Useful Contacts: [email protected]
Notes/Bulletpoints: https://www.wholesaleaaalendings.com/guidelines/

• NICHE–NO CREDIT REPORT, NO INCOME, NO BANK STATEMENTS – Up to $16M – Rates starting at 7.870%**
• PORTFOLIO– OWNER OCC / STATED OR SELF PREPARED P&L TO $10m** Rates starting at 7.875%** 
• HELOC’s to $500 / 680 Min Fico
• DPA’s: Chenoa and CalHFA, 
• County and or Grant programs:-HOP(Home Ownership Program) in LA, Empower Homebuyers SCC in Santa Clara County, San Diego DPA programs. 
• Non-NMLS- Buss-Purpose Use DSCR on allowed States
• NON-QM- Full Suite- DSCR / Bank Statements / Asset Depletion, 1099, 5-10 Units Multi DSCR, Foreign National, Cross- Collateralization
• FHA, VA, Agency, Jumbo to $4M
• Bank Statements / Cash Flow Option to $25M+ – Allows Crossing, Seller Carryback & Gift

DOWNPAYMENT ASSISTANCE

LOS ANGELES 

The Home Ownership Program (HOP) loan provides a second mortgage loan for first-time homebuyers with an assistance amount of up to $85,000, or 20% of the purchase prices, whichever is less. [LOS ANGELES]

SANTA CLARITA

Empower Homebuyers SCC in Santa Clara County, https://housingtrustsv.org/programs/homebuyer-assistance/empower-homebuyers-scc/

SAN DIEGO

Request Details

ACC Mortgage

Lender: ACC MORTGAGE
Patriot Pacific Broker ID:
LPC: N/A
On LoanSifter: Y/N
Website: https://accmortgage.com
NMLS: 176724
Account Rep Name: Marina Delgado
Account Rep Email: [email protected]
Account Rep Tel 1: (805) 621-9049
Account Rep Tel 2:
Lock Cutoff: 4 PM PST -Loans Can Be Locked only after UW Loan Approval.
Loss Payee:
ALL CREDIT CONSIDERED MORTGAGE, INC ISAOA / ATIMA,
1801 RESEARCH BOULEVARD,
SUITE 410 ROCKVILLE, MD 20850

FHA Lender ID: N/A
VA Lender ID: N/A

Offer USDA Loans: N
Correspondent? N
Details:
ACC Pricing Engine:  https://www.nonqmpricer.com
ACC Main Website:  https://accmortgage.com/
ACC Wholesale Portal:  https://www.accwholesaleportal.com/#/content/login
Daily Updates:
Training Info:
Useful Contacts:

Notes/Bullet points:
Prime Program

Up to 90% LTV

660 Minimum Score

Loan Amounts up to $3,000,000

Primary, Second Homes & Investment Properties

Full Doc, Bank Statements, 1099, P&L Only and Asset Depletion

Cash-Out Proceeds can be used for Reserve Requirements

First Time Investors to 75% LTV

Cannabis Income Eligible (in states where cannabis has been legalized)

Prime Plus Program

Loan Amounts up to $1,500,000

Credit Scores as low as 620

No Score Allowed

1 Year Self-Employment

Seasoning Less than 2 Years Bankruptcy, Foreclosure and Short Sale on a case by case basis

Up to 80% LTV Purchase/Rate-Term & 75% LTV Cash Out

Up to 85% LTV ITIN

Full Doc, Bank Statement, P&L Only and 1099

Cannabis Income Eligible (in states where cannabis has been legalized)

Prime Plus Program ITIN

Up to 85% LTV* (see additional requirements)

50% Maximum DTI

Valid Government Photo and ITIN Card or IRS Letter

5% Minimum Down from Borrower.

Gift Funds Eligible.

Doc Type: Full Doc, Bank Statements (12 months), 1099 or P&L Only (12 months)

Credit Scores down to 620 & No Score allowed

Only 1 Year Self-Employment

DSCR Program

Loan Amounts to $2,500,000

Cash-Out to $1,000,000

80% LTV Still Available

640 Minimum Score

No Minimum Tradelines for Borrower with 3 Scores

No Income on 1003

Reserves: 3 Months for Loan Amounts up to $1 Million

First Time Investor to 75% LTV

Not Required to Source Large Deposits

Gift Funds Permitted

2nd Chance Program

Up To 80% LTV

620 Minimum Credit Score

Loan Amounts up to $3,000,000

50% DTI Max

Gift Funds Are Acceptable

Need 3 Months PITI Post-Closing

Full Doc, Bank Statements and 1099 Income Documentation

Bankruptcy, Foreclosure and Short Sales (Seasoning 24 Months with No Seasoning at Lower LTV’s)