We are excited to share that, recently, DML added another line of mortgage products that our clients can take advantage of. Here’s a quick breakdown of the five new products.

  1. Bank Statements

The Bank Statement Program reviews statements, analyzes deposits, and calculates income to allow more loans to be closed.

  • Best for self-employed persons
  • Credit scores starting at 640
  • Up to 90% LTV, no MI
  1. Investor Cash Flow

This product allows property investors to build their portfolios faster.

  • Up to 80% LTV
  • Credit scores starting at 640
  • Qualifications based on property cash flow
  1. Asset Qualifier

The Asset Qualifier is ideal for borrowers with high net worth and significant assets.

  • Requires at least $500,000 in post-closing assets
  • Credit score 700 or higher
  • Loans up to $3 million
  1. Platinum Jumbo Program

This program offers another great jumbo mortgage loan solution.

  • Credit scores starting at 660
  • Up to 95% LTV, no MI
  • Loans from $250,000 to $3,000,000
  1. Portfolio Select

The Portfolio Select offers borrowers all the flexibility, features, and benefits of non-QM programs as a full-doc product.

  • Credit scores starting at 620
  • Up to 90% LTV no MI
  • Loans up to $2.5 million

If you have questions about these mortgage products, then contact the Dobz team today!