Alternative Income is a unique loan for clients who are looking to purchase or refinance, but do not fit QM loan requirements because they may be self-employed or have recently changed jobs. This loan is perfect for investors who may not meet traditional income verification requirement or documentation standards.
Contact your Manhattan Financial Group, Inc. Account Executive or Loan Coordinator to answer any questions you have about our 1100 Series Portfolio Products. If you are not already an MFG approved broker, one of our Account Executives will walk you through the approval process, our loan products and online loan pricing and submission software (BRIDGE).
* Loan amounts up to $1,500,000
* 700+ FICO
* 80% LTV or less
* 43% DTI or less
* 15-year and 30-year fixed rate
* Competitive 5/1 and 7/1 low interest ARMs available
* 6 or 12 month reserves
* Second homes & investment properties permitted
* Cash-Out loans available