Financing Solutions That Support Project Execution

Overview:

The HELOC program provides borrowers with flexible access to their home’s equity through revolving credit lines. With competitive terms, draw periods, and high credit limits, it’s a versatile solution for purchase, refinance, or cash-out scenarios.

Key Highlights:

• 680+ FICO

• Up to 85% CLTV*

• Up to 50% DTI*

• Minimum line amount: $20,000

• Initial draw must equal 75% of line amount

• Draw amounts up to $500,000

• 3- and 5-year draw periods

• For lines up to $400,000 → appraisal waiver accepted with approved AVM

• Available on all transaction types

• Subject to first lien restrictions

Who It’s For:

• Borrowers seeking flexible access to home equity

• Families needing revolving credit for expenses, improvements, or investments

• Homeowners who want a short- to mid-term credit line with competitive jumbo-style features

Overview:

The Fixed-Draw HELOC gives borrowers flexible access to equity with defined draw periods and straightforward appraisal requirements. With line amounts up to $500,000 and eligibility across primary, second, and investment homes, it’s a versatile financing tool.

Key Highlights:

• 680+ FICO

• Up to 85% CLTV

• Up to 50% DTI

• $25,000 minimum line amount

• Initial draw must equal 75% of line amount

• Loan amounts up to $500,000

• 3- and 5-year draw periods

• Loan amounts up to $400,000 with approved AVM → exterior-only or full appraisal required

• Loan amounts over $400,000 → full appraisal required

• Eligible on primary, second, and investment homes

Who It’s For:

• Homeowners wanting structured access to equity with flexible draw periods

• Investors using home equity for property improvements or acquisitions

• Families seeking a financing option with higher maximum line amounts

Overview:

The Expanded HELOC offers more flexible appraisal options and broader eligibility for borrowers accessing equity on primary, second, or investment homes. With line amounts up to $500,000 and competitive credit requirements, it delivers versatility for a wide range of clients.

Key Highlights:

• 640+ FICO

• Up to 85% CLTV

• Up to 50% DTI

• $25,000 minimum line amount

• Initial draw must equal 75% of line amount

• Loan amounts up to $500,000

• 3- and 5-year draw periods

• Loan amounts up to $250,000 with approved AVM → Broker Price Opinion, desktop appraisal, or full appraisal accepted

• Loan amounts over $250,000 → full appraisal required

• Eligible on primary, second, and investment homes

Who It’s For:

• Borrowers with mid-tier credit seeking home equity financing

• Investors needing flexible appraisal options on equity lines

• Families accessing equity across multiple property types

Overview:

The Bank Statement Loan is designed for self-employed borrowers who may not qualify with traditional income documentation. Using 12 months of bank statements, this program provides flexible financing up to $3M for primary, second, and investment properties.

Key Highlights:

• 620+ FICO with LTVs up to 90%

• Loan amounts from $100,000 up to $3M

• Up to 50% DTI

• Self-employed borrowers only

• First-time homebuyers not permitted on investment properties

• Eligible on primary, second, and investment property purchases, rate/term, and cash-out refinances

Reserve Requirements:

• Loan amounts ≤ $2M → 6 months’ reserves

• Loan amounts > $2M → 9 months’ reserves

• 12 consecutive months of bank statements required

Additional Notes:

• Two appraisals required for loan amounts > $1.5M

• Temporary Rate Buydowns not permitted

• Not eligible in Massachusetts or Nevada for FICO < 660

• Not eligible in West Virginia or Texas 50(a)(6)

Who It’s For:

• Self-employed borrowers seeking alternative documentation options

• Business owners needing flexible jumbo-style loan amounts

• Clients purchasing or refinancing primary, second, or investment homes

Overview:

The Bank Statement Plus Loan expands access for self-employed borrowers by using 12 months of consecutive bank statements in place of traditional income verification. With loan amounts up to $3M and eligibility across primary, second, and investment properties, it provides flexibility for entrepreneurs and business owners.

Key Highlights:

• 620+ FICO with LTVs up to 90%

• Loan amounts up to $3M

• Up to 50% DTI

• Self-employed borrowers only

• First-time homebuyers not permitted on investment properties

• Eligible on primary, second, and investment property purchases, rate/term, and cash-out refinances

Reserve Requirements:

• Primary homes:

  • Up to $1.5M → 6 months’ reserves

  • Over $1.5M → 12 months’ reserves

• Second & investment homes:

  • Minimum 12 months’ reserves required

• Multiple financed properties:

  • Greater of 9 months’ reserves, or program requirement above +2 months for each financed property

Additional Notes:

• 12 consecutive months of bank statements required

• Two appraisals required for loan amounts over $2M

• Temporary Rate Buydowns not permitted

• Not eligible in West Virginia or Texas 50(a)(6)

Who It’s For:

• Self-employed borrowers needing alternative documentation

• Business owners financing primary, second, or investment homes

• Clients with multiple financed properties requiring flexible jumbo-style solutions

Overview:

The Self-Employed Bank Statement Loan is tailored for borrowers who run their own businesses and may not fit traditional income documentation guidelines. By using 12 months of bank statements, it allows flexibility on purchases and refinances up to $3M.

Key Highlights:

• 660+ FICO with LTVs up to 85%

• Loan amounts up to $3M

• Up to 50% DTI

• At least one borrower must be self-employed

• No minimum tradeline requirements

• Eligible on primary, second, and investment property purchases, rate/term, and cash-out refinances

Reserve Requirements:

• Loan amounts up to $2M → 6 months’ reserves required

• Loan amounts over $2M → 9 months’ reserves required

Additional Notes:

• Minimum 12 consecutive months of bank statements required

• Two appraisals required for loan amounts over $1.5M

• Temporary Rate Buydowns not permitted

• Not eligible in West Virginia or Texas 50(a)(6)

Who It’s For:

• Self-employed borrowers who cannot qualify with standard income documentation

• Business owners financing high-value primary, second, or investment properties

• Clients seeking flexibility with jumbo-style loan amounts up to $3M

Overview:

The Enhanced Bank Statement Loan expands flexibility for self-employed borrowers with higher DTI allowances and loan amounts up to $3.5M. Using 12 months of bank statements instead of traditional income documentation, it provides competitive solutions for purchases and refinances.

Key Highlights:

• 660+ FICO with LTVs up to 90%

• Loan amounts from $100,000 up to $3.5M

• Up to 55% DTI

• Self-employed borrowers only

• First-time homebuyers allowed on primary and second homes (up to 50% DTI)

• Eligible on primary, second, and investment property purchases, rate/term, and cash-out refinances

Reserve Requirements:

• Loan amounts up to $1M → 6 months’ reserves required

• Loan amounts $1M–$2M → 9 months’ reserves required

• Loan amounts over $2M → 12 months’ reserves required

• Borrowers with more than 1 financed property → +2 months reserves for each financed property

Additional Notes:

• Minimum 12 consecutive months of bank statements required

• Two appraisals required for loan amounts over $2M

• Temporary Rate Buydowns eligible

• Not eligible in West Virginia or Texas 50(a)(6)

Who It’s For:

• Self-employed borrowers needing higher DTI flexibility

• First-time homebuyers purchasing primary or second homes with non-traditional documentation

• Business owners financing or refinancing properties up to $3.5M

DSCR (Debt Service Coverage Ratio) loans are designed for real estate investors who qualify based on property cash flow rather than personal income. With financing available for multiple properties, DSCR loans provide flexibility and scalability for investors in California and Washington, D.C.

Key Highlights:

• 640+ FICO, up to 80% LTV

• Loan amounts up to $2M

• Minimum DSCR: 0.00 (qualify purely on property cash flow)

• Eligible on investment purchases, rate/term, and cash-out refinances

• Finance up to 20 properties

• Minimum 6 months’ reserves required

• Prepayment penalty structures: 3/2/1, 2/1, 1/1 (where permissible by law)

• Two appraisals required for loan amounts over $2M

• Eligible to close in an LLC (Limited Liability Company)

• Gift funds allowed:

  • 5% gift on LTV ≤ 80%

  • 10% gift on LTV ≤ 70%

Who It’s For:

• Real estate investors qualifying based on property income rather than personal income

• Clients financing or refinancing multiple investment properties in CA and D.C.

• Borrowers structuring ownership under LLCs for flexibility and protection

Overview:

The DSCR Plus Loan is built for investors who want expanded flexibility while qualifying based on property income rather than personal income. With higher loan limits, lower reserve requirements, and no cap on the number of financed properties, it’s a strong option for scaling portfolios in California and Washington, D.C.

Key Highlights:

• 660+ FICO, up to 80% LTV

• Loan amounts from $50,000 up to $3M

• Minimum DSCR: 1.00

• Eligible on investment purchases, rate/term, and cash-out refinances

• No limit on the number of financed properties

• Minimum 3 months’ reserves required

• Prepayment penalty structures: 3/2/1, 2/1, 1/1 (where permissible by law)

• Eligible to close in an LLC (Limited Liability Company)

• Gift funds allowed:

  • For LTV > 75% → borrower must contribute at least 5% of their own funds

  • For LTV ≤ 75% → no minimum borrower contribution

Who It’s For:

• Real estate investors scaling portfolios in CA and D.C.

• Borrowers seeking reduced reserve requirements and higher loan flexibility

• Clients structuring property ownership through LLCs

Overview:

The DSCR Flex Loan is designed for investors who want maximum versatility, with no minimum DSCR requirement and financing available for up to 20 properties. It’s built to give California and Washington, D.C. investors more flexibility in qualifying based on property cash flow.

Key Highlights:

• 660+ FICO, up to 80% LTV

• Loan amounts from $75,000 up to $2M

• Minimum DSCR: 0.00

• Eligible on investment purchases, rate/term, and cash-out refinances

• Finance up to 20 properties

• Minimum 3 months’ reserves required

• Loan amounts > $500,000 → 6 months’ reserves required

• Prepayment penalty structures: 3/2/1, 2/1, 1/1 (where permissible by law)

• Eligible to close in an LLC (Limited Liability Company)

• Gift funds allowed:

  • For LTV > 75% → borrower must contribute at least 5% of their own funds

  • For LTV ≤ 75% → no minimum borrower contribution

Who It’s For:

• Real estate investors qualifying on property cash flow with maximum flexibility

• Clients financing up to 20 properties in CA and D.C.

• Borrowers using LLC structures to manage investment portfolios

Overview:

The DSCR Pro Loan is built for experienced investors who want stronger leverage with a minimum DSCR requirement of 0.80. With financing available up to $3M and eligibility for multiple properties, it provides a professional-grade option for scaling portfolios in California and Washington, D.C.

Key Highlights:

• 660+ FICO, up to 80% LTV

• Loan amounts from $100,000 up to $3M

• Minimum DSCR: 0.80

• Eligible on investment purchases, rate/term, and cash-out refinances

• Finance up to 20 properties

• Minimum 3 months’ reserves required

• Prepayment penalty structures: 3/2/1, 2/1, 1/1 (where permissible by law)

• Two appraisals required for loan amounts over $1.5M

• Eligible to close in an LLC (Limited Liability Company)

• Gift funds not allowed

Who It’s For:

• Real estate investors with stronger rental cash flow ratios

• Borrowers financing multiple properties up to $3M in CA and D.C.

• Clients structuring investment ownership through LLCs

Overview:

One-Time Close New Construction loans simplify the building process by combining construction and permanent financing into a single closing. Borrowers benefit from one interest rate, one down payment, one credit report, and one approval — saving time, cost, and hassle while locking in their dream home.

Key Highlights – Conventional Loans:

• 15- and 30-year fixed conventional, high-balance, and 7- and 10-year ARM options

• Eligible for primary, second, and investment property purchases and rate/term refinances*

• Loan amounts up to conforming loan limits

• 700+ FICO, up to 95% LTV

• DU eligible

• 11-month maximum build period + 1-month modification period

• Interest-only monthly payments during build period

Key Highlights – VA Loans:

• 30-year fixed loans

• Loan amounts up to $4M

• Eligible on primary home purchases and cash-out refinances*

• 580+ FICO, up to 100% LTV

• DU eligible

• 11-month maximum build period + 1-month modification period (deducted from loan term)

• No monthly payments during build period

Who It’s For:

• Borrowers wanting one seamless closing for construction and permanent financing

• Real estate agents and builders seeking an easier path to move clients into new construction homes

• Families looking for simplified financing with only one closing

Wexmoor Support:

For additional support on structuring and processing this loan, please reach out directly through Wexmoor Circle. We coordinate One-Time Close New Construction Desk to ensure smooth handling of files and quick turnarounds.

📧 ie@wexmoorcircle.com

📞 307.460.7694

💬 424.425.6116

Overview:

Temporary Rate Buydowns give borrowers the flexibility to reduce their interest rate and monthly payment for the first 1–3 years of their mortgage. This creates lower upfront costs and an easier transition into long-term homeownership.

Key Highlights:

• 1-, 2-, and 3-year buydown options available

• Eligible on purchase and rate/term refinances for primary and second homes with conventional 15- and 30-year fixed and ARM loans

• Eligible on primary home purchases for FHA 15- and 30-year fixed loans

• Eligible on primary and second home purchases for Jumbo Blue, Pink, and Yellow 30-year fixed loans

• Eligible on manufactured homes

Who It’s For:

• Borrowers seeking lower initial monthly payments during the first years of their loan

• Homebuyers who expect rising income or cash flow in the near future

• Families looking for a smoother financial entry point into homeownership