Loan Programs

One Loan Does Not Fit All – Our variety of loan programs can help any type of borrower in California attain financing.

Why We’re Fit To Close Your Loan:

Full spectrum of Loan Options

As a Premier wholesale mortgage broker, we have access to hundreds of loan programs

Experience counts

At the end of the day, our clients entrust our team to perform and close – we always find a way to get it done

Timing is Everything

As a mortgage & real estate brokerage, we understand the importance of closing on time.. every time

Conventional / Government

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Bank Statements / Stated Income

Portfolio / Niche

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Private Money

Sub-Prime Lending

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Reverse Mortgage

Multi-Family (5+ units)

Commercial

Cannabis Conventional Loans

Stated Income Programs

These programs are the perfect choice for those borrowers who cannot verify their income the traditional way. Whether you’re self employed or a wage earner – you have the opportunity to get competitive rates without the need for tax returns. No 1040’s and No 4506’s. Ideal loan for the self-employed borrower!

Bank Statement Programs

Similar to the Stated Income Program, the Bank Statement Program is also geared for the self-employed borrower, but with more leniency towards credit. You can get into a great loan with only a 620 FICO score! The income will be calculated by adding your deposits only from your most recent bank statements. As long as the DTI ratio is 50% or less, you should have no problem securing one of these hard to find loans!

Portfolio / Niche

Our Exclusive Portfolio loan Product is catered to those “Out of the Box” Loans that don’t quite fit the stringent underwriting parameters of institutional lenders. Each loan is manually underwritten in a way that allows for certain exceptions to be made – such as Non-Warrantable Condos, utilizing asset depletion as income, homes on over 10+ acres, etc. As long as the borrower can show an ability to pay, we can make almost any loan work!

Sub-Prime Lending

Just because you’ve fallen on hard times doesn’t mean you can’t get the right financing. Our exclusive Sub-Prime loan program gives home buyers & homeowners alike the fair chance to get the home loan they deserve. Past credit issues like foreclosures, bankruptcies and short sales are OK! No Reserve Requirements and 500+ minimum FICO’s are acceptable.

Conventional / FHA

A popular loan type for qualified borrowers, Conventional & FHA loans feature either a fixed or adjustable interest rate with very competitive loan terms. These loan options are ideal for home buyers with good credit and sufficient income & credit history. FHA loans have more flexible guidelines are are geared for the first time home buyer as they allow down payments as low as 3.5% and allow for higher debt-to-income ratios.

Private Money

Direct access to private funds for those deals that need to close fast – we can make this transaction quick & efficient for all parties involved. Whether you’re looking to purchase an investment property and close in less than 10 days or if you need capital for a fix & flip project – we can help you close… With rates starting as low as 6.99%

Cannabis Conventional Loans

It’s finally here! All cannabis-related employees can now qualify for conventional financing. As long as borrower is a straight W2 employee, and does not collect any 1099 income and doesn’t have any ownership in the company, you can qualify today! These are fannie-mae backed conventional loans – no points / no high cost – competitive rates & programs now available.

Where to find us:

elite equity

16055 Ventura Blvd #465
Encino, CA 91436
(818) 380-0202
info@eliteequityLA.com

elite equity

16055 Ventura Blvd #465
Encino, CA 91436

CalBRE License: 01511794
Nevada RE License: B1001544

NMLS ID: 368970
CA Finance Lenders Law License: 603K664