Non-Prime Owner Occupied Consumer Purpose

For the non-primed owner-occupied consumer purpose borrowers with less than perfect credit, challenges with proof of income or just need to close quickly. Athas Capital Group offers consumers the ease of finance with lower than expected rates compared to hard money products. This program varies between traditional income documentation to alternative forms of proof of income documentation. Athas Capital Group even finances borrowers with fico scores as low as 300! Our maximum DTI is as high as 55% with LTV’s as high as 80%. We offer a creative solution for hard to finance owner-occupied homes.
  • Alternative Doc: VOE only, 1099 only, P&L only (no bank statements) & 1-month personal bank statement
  • Traditional Alt Doc: 12 and 24 months personal or business bank statements
  • Traditional Full Doc: W2’s & Paystub, 1040’s
  • $50,000 –  $7,000,000
  • Lending to Individuals and Trusts
  • 5/25, 7/23 arms and 30 years fixed
  • DTI’s up to 55%
  • LTV’s up to 95%
  • Rates as low as 4.75%
  • 100% Gift Funds – OK
  • Gift of equity-OK
  • Foreign Nationals with US Credit – OK
  • Foreclosure Bailout – OK
  • Non-Warrantable Condo – OK
  • Condotels – OK
  • Lease Option Buyout using current appraised value – OK
  • Rural Properties – OK
  • Green Card Holder – OK
  • No FICO – OK
  • FICO’s down to 500 – OK
  • Foreclosure bailout – OK
  • No liquid cash reserves needed up to 90% ltv

Non-Prime Owner Occupied Consumer has set the standard in non-QM with our innovative programs designed to meet borrower’s unique circumstances. Our Non-Prime program offers a unique solution to help you quickly close loans for borrowers who may not meet standard Agency guidelines for financing.