REMN is pleased to announce several enhancements to our Non-QM Elite Access product effective January 12, 2024.
New Document Type Additions
DSCR/Investor Cash Flow
- Maximum 80% LTV
- Maximum loan amount $3,000,000
- Minimum FICO score 700
- Minimum DSCR .80
1099 Only and P&L Only
- Maximum 85% LTV
- Maximum loan amount $3,000,000
- Minimum FICO score 660
Other Enhancements
- 1x30x12 Payment History option
- Delayed/Technical Refinance
- Interest Only Loans
- Non-Occupant Co-Borrowers
- Non-Warrantable Condos
- Unlicensed MLOs
Full details and other enhancements may be found in our Elite Access product guides, which can be located at www.remnwholesale.com.
Please contact your Account Executive with any questions.