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48 Meriden Rd, Suite 1, Middlefield, CT 06455

The Northeast Financial LLC NICHE Sheet

Working with Northeast Financial LLC has it perks.  One of which is access to our industry leading niche products.

Here is quick list of some of the Niche Products you can find here at Northeast Financial LLC:

Bank Statement
Ideal for self-employed borrowers who can’t use tax returns to qualify

  • Up to 90% LTV, no MI
  • 12 or 24 months personal or business bank statements
  • Two years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
  • Loans up to $3 million

High LTV Jumbo
A non-QM solution for borrowers who miss Prime Jumbo qualifications

  • Up to 95% LTV, no MI
  • Owner-occupied, second homes, and non-owner occupied
  • Four years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
  • 40 year fixed rate interest only available

Credit Select
Allows those just out of credit events to qualify without seven years seasoning.

  • Up to 90% LTV, no MI
  • One year seasoning for foreclosure, short sale or deed-in-lieu and two years for bankruptcy
  • Owner-occupied, second homes and investment properties
  • Loans up to $2.5 million

Investor Cash Flow
A no income required loan for real estate investors

  • Up to 80% LTV
  • Qualification based on property cash flow with DSCR of 1.0
  • No DSCR required with minimum 700 FICO and maximum 75% LTV
  • Loans up to $1.5 million

Asset Qualifier
Borrowers with significant assets can qualify without income or employment

  • No employment, no income and no DTI required
  • Loans up to $3 million
  • Maximum 75% LTV
  • Five years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu

(Additional Guidelines and Restrictions Apply to all products mentioned above.) 

Call us today to learn more!

(844) 788-7237
NMLS#117273