Programs
Our Correspondent Lending program allows you to offer your clients a series of
competitive loan programs that help meet your clients’ needs. With competitive
rates and multiple term options, our team of seasoned experts help you expand
your business and offer more to your borrowers.
Non-QM Bank Statement
Home Equity Loans
1st Lien HELOC
Jumbo Loans
Investor Loans
Non-QM Bank Statement
- Available in all 50 States
- Fixed or ARM 5/1, 7/1 and 10/1
- Interest Only Available
- Minimum 620 score: 1x30 Last 12 month on mortgage
- 12 - 24 months bank statements required
- Three Options to Qualify
- Utilize expense factor applied to bank statements
- CPA-reviewed P&L expense factor extracted from P&L
- CPA-prepared expense factor
Home Equity Loans
- 2nd Lien (fixed)
- Fixed rate 5, 10 or 15 year fully amortizing
- 660 FICO score at 85% LTV
- Loan amounts to $500,000
- 2nd Lien (HELOC)
- 10 year draw/20 year amortized
- 660 FICO score at 85% LTV
- Line amount to $500,000
1st Lien HELOC
- Purchase and Refinance Transactions
- Up to 95% LTV
- Line amounts to $2Million
- Unique feature – function
- Access cards available
- Available for Investor Loans
Jumbo Loans
- Loan amounts to $2 Million
- 15, 20 & 30 year fixed
- 5/1, 7/1, and 10/1, arm
- Interest only available on arm loans
- Non-warrantable condos available
- Condotel properties available
- One-time close construction to perm mod
- Primary Residence, Second Home and Investment Property
Investor Loans
- Designed for experienced real estate investors
- Qualify borrower based on cash flow from subject property
- Qualification based on 1.0 Debt Service Coverage Ratio
- Borrower may own unlimited properties
We're Here to Guide You
The Reliant Bank Correspondent Lending team is here to guide
you – whether it’s to review a scenario or assist you with
becoming a Correspondent Lending partner.