Expanded Ratio

Product Description

This product allows for up to 55% DTI for customers who meet residual income requirements, and can be used for the financing of primary home as well as cash-out refinances. This loan is ideal for consumers who do not meet qualifying mortgage debt-to-income (DTI) requirements.

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).

Expanded Ratio

* Up to $1,500,000 loan amount

* 700+ FICO

* 80% LTV or less

* 15-year and 30-year fixed rate

* 6 or 12 month reserves

 Product Features

* Competitive 5/1 and 7/1 low interest rate ARMs available

* 55% DTI or less

* Eligible for non-warrantable condos (when primary or secondary residency)

* Cash-Out loans available

1100 Series Portfolio Products