Stated Income Verified Assets

SIVA Select

Purchase/ Refinance

  • O/O or N/O/O 70% LTV on Purchase 65% R/T & 50 LTV cash out  to $10M.
  • R/T, Cash Out, Purchase 
  • Rates start at 4.125%
  • SFR 1-4, Condo’s + PUD’s (Warrantable Only ((Freddie-Mac Guidelines)).
  • 700 Mid Fico Score.
  • No history of BK, FC, SS, Charge-Off’s, Tax Liens.
  • Max 1×30 in past 12 months.
  • With qualifying Reserves, no DTI calculation and no Seasoning of Employment Requirement.
    • Reserves:
      • 6 months reserves of subject plus 2 months reserves of each additional property owned and financed, Sourced & Seasoned for 2 months with qualifying Income Documentation (CPA Letter or VOE).
      • 18 months reserves Sourced and Seasoned for 2 months when Borrower owns at least 1 other property than Subject and then qualifies with NO DTI REQUIREMENT.
      • 36 months reserves Sourced and Seasoned for 2 months when  Borrower does not own any other properties than Subject and then qualifies with NO DTI REQUIREMENT.
  • Self-Employed and Wage Earner borrowers accepted.
  • No Pre-Payment Penalties.
  • Gift Funds allowed.  Minimum 5% of Purchase Price + Reserves must be Borrower’s own funds
  • Sourced and Seasoned for 2 months.
  • No max properties owned/financed, 8 max properties on NOO owned and financed. Free and Clear properties and Commercial properties are exempt.

This site uses cookies to process your loan application and other features. You may elect not to accept cookies which will keep you from submitting an loan application. By your clicked consent/acceptance you acknowledge and allow the use of cookies. By clicking I Accept you acknowledge you have read and understand AtLendUs's Privacy Policy.