SmartEdge

SmartEdge provides non-traditional features and flexible guidelines such as alternative income qualification and interest-only payments.
This loan product is attractive jumbo mortgage option for those who are unable to secure lending due to a recent credit event or looking to purchase or refinance a non-warrantable condo.

Key Features and Benefits:
For borrowers who don’t qualify for standard jumbo loans

• Credit scores as low as 660 FICO
• Up to $3 million loan amounts
• Can have one late mortgage payment over the last 12 months
• DTI up to 50%
• 30-year fixed-rate and 30-year interest-only fixed rate terms available
• 5/6, 7/6, 10/6 ARMs with interest-only options