Alternative Income - Bank Statements

•  12- and 24-month bank statements to 85% LTV at 680 FICO to $1.5mm
•  12- and 24-month bank statements to 80% LTV at 720 FICO to $2mm
•  Up to 50% DTI
•  Concierge Scenario Desk does the income calculations for you

Asset Utilization
Qualification

•  Qualify your borrower by dividing their assets over 3 YEARS!
•  Up to 70% LTV for cash-out refinance
•  Minimum FICO 660
•  Max DTI 40%
•  Primary Residence, Second Home or Investment

DSCR

•  Loan Amounts to $2.5mm
•  Up to 75% LTV at 680 FICO, loan amount to $1.0mm
•  DSCR down to .75
•  Cash-Out Refinance up to 70% LTV

Agency Plus

•  Up to 90% LTV at 660 FICO to $1.5mm
•  DTI up to 50%
•  Non-Warrantable condos eligible
•  Multi-Unit properties eligible
•  First Time Home Buyers allowed
•  Non-Permanent Resident Aliens eligible

Clean Slate

•  12 months seasoning for credit event
•  1x30 housing history eligible
•  Loan amounts to $2.0mm at 80% LTV
•  620 FICO to 65% LTV at $1.5mm loan amounts
•  Alternative income options available

No Ratio Program

•  No income or DTI calculation - qualify on asset balance!
•  Up to 70% LTV - Purchase and Rate/Term
•  Loan amounts to $2.5mm
•  Minimum FICO 640

Alternative Income
- 1099 Income

•  Up to 85% LTV with 680 FICO
•  Loan amounts to $3.0mm
•  Up to 50% DTI
•  Interest Only available

Arc Elite Alt Doc and Full Doc Prime Guidelines

Elite – Agency Plus

•  Up to 89.99% LTV
•  Credit score down to 640
•  Loan amounts from $100,000 to $3,000,000
•  DTI up to 50%
•  Primary Residence and Second Home
•  Full Doc income

Elite – Alt Income

•  Up to 80% LTV
•  Credit score down to 680
•  Loan amounts from $100,000 to $3,000,000
•  DTI up to 50%
•  Primary Residence and Second Home
•  Available for Bank Statement, 1099, One Year Full Doc, and Asset Utilization income

Arc Elite Alt Doc and Full Doc Prime Product Details

Conventional

•  Fixed Rate, 5/6 & 7/6 SOFR ARMs
•  Single Family, 1-4 Units, PUDs, Condos
•  Primary Residence, Second Home or Investment
•  97% Max LTV, 1 Unit Purchase Transaction
•  High Balance and Super Conforming loan amounts permitted
•  DU Approve/Eligible or LPA Accept

Conventional
Investment Property

•  Investment property transactions only
•  Up to 85% LTV – no MI
•  Credit score down to 640
•  30-Year Fixed Rate (Fully Amortized)
•  Loan amounts eligible from $100,000 to $2MM
•  AUS Underwriting – DU Approve or LPA Accept

FNMA/FHLMC Second Home
& Investment

•  Up to 80% LTV
•  Credit score per AUS
•  30-Year Fixed Rate (Fully Amortized)
•  Loan amounts from $100,000 to Conforming Loan Limit
•  Full Doc income
•  AUS Underwriting – DU Approve/Eligible or LPA Accept

HomeReady®

•  97% Max LTV
•  Income limits 80% of AMI
•  Standard and High Balance loan amounts permitted
•  Fixed Rate, 5/6 & 7/6 SOFR ARMs
•  1-4 Units, PUDs and Warrantable Condos
•  105% Max CLTV with eligible Community Second

Home Possible®

•  97% Max LTV
•  Income limits 80% of AMI
•  Standard and Super Conforming loan amounts permitted
•  Fixed Rate, 5/6 & 7/6 SOFR ARMs
•  1-4 Units, PUDs and Warrantable Condos
•  105% Max CLTV with Affordable Second

FHA

•  1-4 Units, PUDs and HUD approved condos
•  Standard and High Balance loan amounts permitted
•  580 minimum FICO
•  Streamline Refinance available with FICO 

VA

•  1-4 Units, Modular Homes, PUDs and VA approved condos
•  Standard and High Balance loan amounts permitted
•  580 minimum FICO
  (Temporarily 600 minimum FICO)
•  $1MM max loan amount
•  IRRRLs available with FICO 

Jumbo Prime 

•  15- and 30-Year Fixed Rate (Fully Amortizing)
•  5/6m, 7/6m & 10/6m SOFR ARMs (Fully Amortizing)
•  Primary Residence, Second Homes and Investment Properties
•  89.99% max LTV – no MI
•  $3MM max loan amount
•  First time home buyer allowed

Non-QM Guidelines