ClearEdge PLUS

ClearEdge PLUS

Designed for the borrower who just missed out on conventional/jumbo, offering a full suite of aggressively priced solutions – bank statement, full doc, express doc & asset utilization.
clearedge-plus
  Full Doc Express Asset Edge Bank Statement
Edge
Minimum Credit
Score
661 680 661 680
LTV/CLTV 90% 85% 75% 85%
Loan Amounts $2.5MM $2.5MM $2.5MM $2.5MM
Income Used
to Qualify

2yrs + YTD

1yr + YTD

4 months Bank Statement

12-24 months

DTI 50% 50% 50% 50%
Cash Out
Allowed

Up to $1.5MM

Up to $1.5MM

Not Allowed

Up to $1.5MM

Mtg Lates 0X30X12 0X30X12 0X30X12 0X30X12
FC / BK >4 yrs >4 yrs >4 yrs >4 yrs
Prepayment
Penalty
N/A N/A N/A None
Gift Funds

up to 85% LTV*

up to 80% LTV*

Not Allowed

up to 80% LTV*

Reserves
(>$100 <$500)
6 months 6 months N/A 6 months
Reserves
(>$500 <$1MM
9 months 9 months N/A 9 months
Reserves
(>$1MM <$2MM)
12 months 12 months N/A 12 months
Reserves
(>$2MM <$2.5MM)
18 months 18 months N/A 18 months
Additional Notes*

Borrower must have 5% of their own funds*

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Call us anytime at 866-690-2474 to discuss the details of our products or for more information.

QUESTIONS? LET’S TALK


Call us anytime to discuss the details of our products or for more information.

800-555-2222

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