1st Eagle Mortgage and Loan Company in Chicago Northfield Illinois

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1st Eagle Now Offering the E-Z Doc Program!

Do you have self-employed borrowers looking for a Jumbo loan? Our EZ-Doc program provides options for self-employed borrowers who have the ability to pay their mortgage with ease but may not be able to supply the rigorous documentation that is required in today’s mortgage marketplace. This program is appropriate for:

  • Income is stated but not verified
  • Loan amounts to $2M
  • Minimum qualifying credit score 700
  • LTV’s/CLTVs up to 70%
  • Purch/RT/Cashout Accepted
  • Max Cashout $400, ed 000
  • DTI 33/43%
  • Self-employed only

Eligible Property Types

  • Primary Residence
  • Second Homes
  • 1 Unit SFR/PUD

Additional Details

  • Caps: 5/2/5
  • Margin: 2.5%
  • Index: 1 Year LIBOR

Call 1st Eagle Mortgage at 847-441-4116.

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October 23rd, 2014 by

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