Advancial Federal Credit Union

Thông tin cơ bản

Chương trình QM

• Conventional

Loss payee

Advancial Federal Credit Union, ISAOA/ATIMA C/O Midwest Loan Services, Inc. PO Box 690748 San Antonio TX 78269

Điều khoản CPL hoặc subordinate

Advancial Federal Credit Union, ISAOA/ATIMA 10000N. Central Expy., Ste. 1400 Dallas, TX 75231

Chính sách khóa lãi & phí

Chính sách khóa lãi

Gia hạn khóa lãi

15 day max extension cost of 2 bps per day

Khóa lại

Không có

Lock & Shop

Không

Thế mạnh & overlay của lender

Thế mạnh của lender

• Financing for Homes on Acreage and Hobby Farms
• Offers an option to remove a departing residence from the DTI ratio
• Possible to eliminate the liability of a new cash out refi

Loans up to $5,000,000 - only one appraisal required!

Primary residence, 2nd home and investment homes allowed

Hobby farms, vineyards, orchards, wedding venues, bed & breakfast activity and more considered!

No cap on acreage

Crop, timber and other active leases considered*

No land to home value ratio requirements

No seasoning cash out refinances with no cap on cash in hand

Properties with larger land value vs. residence value allowed

Unique ADU, multiple ADUs, unpermitted additions, multiple parcels etc. considered

Agriculture and other exemptions

Log homes, off grid, and seasonal homes considered

Mixed use properties

TBD pre-approvals encouraged

Rush closings provided - we save loans!

• Up to $5,000,000 with no seasoning & no cap on the amount of cash out!

• Lending in all 50 states and DC

• FICO scores down to 600

• No credit and limited credit borrowers allowed

• Non-occupant co-borrowers allowed

• 1 year tax return / 1 year self-employed program

• Cash out proceeds can be used as asset depletion income - a possible reverse mortgage alternative!

• Non-warrantable Co-ops, Condotels, and Condos including small units with less than 500 square feet, studios, efficiencies, lofts, kitchenettes, etc.

• Unpermitted additions, unpermitted ADUs or multiple ADUs

• Manufactured outbuildings or multiple manufactured outbuildings

• Multi-units with ADUs

• Mixed use and other zoning

• Deed restrictions

• Properties with greater land value than structure value

• Homes on acreage and hobby farms with no acreage limit

• Vineyards with wineries

• Properties with agricultural and other exemptions

• Seasonal and off grid properties

Overlay của lender

Không có

Thời gian xử lý

Thẩm định ban đầu (ngày)

2

Xét điều kiện CTC (ngày)

1

CD ban đầu (ngày)

1

Đánh giá