American Pride Bank Wholesale (APB)

Basic information

QM program

• Conventional

Loss payee

American Pride Bank ISAOA/ATIMA 4740 Log Cabin Drive Macon, GA 31204

CPL or subordinate clause

N/A

Lock policies & fees

Lock policies

Lock extension

30 days up to 3 times

Relock

Worse Case

Lock & Shop

No

Lender's niche & overlays

Lender's niche

90% LTV Non-QM purchase, 12 months & 24 months bank statements, Asset Depletion, VOE, P&L, DSCR No ratio, non-warrantable Condo, Condotel, 5 to 8 units, Log Cabins, Hobby Farms, Barndominimums,  Non-QM stand-alone 2nd, HELOC, Closed End Seconds, APB Rural Program, APB Med program, CO-OPS in NY, CA and IL

Lender's overlays

N/A

Lender turn time

Initial underwrite (days)

2

CTC conditions review (days)

2

Initial CD (days)

4

Reviews