Here’s a new non-QM product for real estate investors who don’t qualify for typical agency loans — and a great NICHE product to help you stand out.
Introducing the Glacier Investment Loan Program!
Look at these features:
- Loan amounts up to $2 million
- Up to 80% LTV (75% LTV for cash out)
- Credit scores as low as 620
- Purchase, R&T, and cash out all OK
- No maximum number of financed properties
- No DSCR requirement
- 12 months of personal bank statements for self-employed borrowers OK
- “One day” seasoning for foreclosure, short sale or deed in lieu for loan amounts of $1 million or less
- 24 months of seasoning for Chapter 7 bankruptcy
- Foreign nationals OK
- Non-warrantable condos considered
- 5/1 ARM available with interest only option
See the full loan program guidelines here:
Glacier Investment Loan Program Guidelines
For more information, call the Newfi Wholesale team at 888-415-1620.