Borrowers want to close on a new home before selling the current one? Current sale fall through? We lend interalia in open-term mortgages across both properties to allow the deals to close. Max LTV across both cannot exceed 70%.
70%
Yes. Expected days on market for either property cannot exceed 150 days.
| Document Name | Description |
|---|---|
| Subject Property Appraisal | An appraisal of the property by one of our approved appraisers. |
| Identification | Two pieces of ID, at least one being government issued. |
| Credit Bureau | An Equifax credit bureau for each borrower on the application, pulled within 30 days of submission. |
This product is not currently available in any communities.
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