We’re Here to Serve You

Plaza’s product mix is comprehensive – designed to fit your business today and help you expand into new markets tomorrow. From government programs, Jumbo loans, Non-QM, DSCR, renovation loans or reverse mortgages, we have what you need. And know that when you work with Plaza, we work hard for you on every loan, every time.

  • CLTV to 85%, Full Doc and 80% Bank Statement
  • Loan amounts from $50,000 to $500,000
  • FICO from 680 Full Doc and 700 Bank Statement
  • 15, 20 & 30-year fixed rate
  • 1-unit SFR/PUD & Condos
  • Primary Residence & Second Home
  • No limit on cash-out (all transactions are cash-out)
  • AVM in lieu of appraisal for loan amounts up to $250,000
  • Eligible in all states except Texas
  • Agency Express submissions on eligible programs; close in as few as 10-15 days
  • 97% LTV, FICO per DU® and LPA® – 95% on High Balance/Super Conforming*
  • Up to 80% LTV on cash-out
  • Non-occupant co-borrower
  • Primary, second home, investment
  • 1-4 unit, PUD, condo, Co-op, manufactured
  • Conforming/Super Conforming ARMs: 5/6, 7/6 and 10/6 terms
  • 2-1, 1-0 Seller paid buydown on fixed; primary and second home
  • LLPA waivers available – quickly check your AMI limit in Quick Pricer
  • Qualify based on property cash flow, no personal income docs
  • Loan amounts from $100K to $3.5 million
  • LTV up to 80%, 640 min FICO
  • Purchase, Rate/Term, Cash-out, condotel allowed
  • 30-year fixed, 40-year fixed I-O available
  • 97% LTV, FICO per DU – 95% on High Balance
  • PIW accepted, per DU
  • 1-4 Unit, PUD, condo, Co-op, manufactured
  • Income from Accessory Dwelling Units and Boarder Income acceptable
  • Gift funds acceptable
  • More affordable MI
  • Lower loan-level price adjustments
  • 2-1, 1-0 Seller paid buydown on purchase
  • 95% LTV of the “as-completed” value
  • 97% LTV for FTHB or FNMA retained loan refinance
  • 85% LTV on 1-unit investment, 90% on a 1-unit second home
  • Owner-occupied 1-4 unit, PUD, condo, manufactured
  • Luxury renovations, like pool or outdoor living area
  • Streamlined program available for pool, pool decking, or fencing/netting only
  • Eligibility expanded for borrowers at or below 100% of AMI
  • Borrower credit up to $500 for an appraisal (if applicable)
  • 97% LTV, FICO per LPA – 95% on Super Conforming
  • Automated Collateral Evaluation (ACE) accepted
  • 1-4 unit, PUD, condo, Co-op, manufactured
  • Gift funds acceptable
  • More affordable MI
  • Lower loan-level price adjustments
  • 2-1, 1-0 Seller paid buydown on purchase
  • 95% LTV of the “as-completed” value
  • 97% LTV (Conforming loan amounts only)
    • Purchase: one borrower must be a first-time homebuyer
    • Refi: existing mortgage must be a Freddie Mac loan
  • 85% LTV on 1-unit investment, 90% on a 1-unit second home
  • Owner-occupied 1-4 unit, PUD, condo, manufactured
  • Luxury renovations, like pool or outdoor living area
  • Streamlined program available for pool, pool decking, or fencing/netting only
  • FHA Express submissions on eligible programs; close in as few as 10-15 days
  • 550 min FICO
  • Purchase, Rate/Term, cash-out, Streamline
  • Attached/detached SFR, 2-4 unit, manufactured
  • Single-Unit Approved condos, DELRAP available
  • Good Neighbor Next Door and HUD $100 Down
  • Manual underwrite on AUS Refer
  • 5/1 Treasury ARM
  • 2-1, 1-0 Seller paid buydown on fixed
  • FHA first lien PLUS concurrent second lien for 100% CLTV
  • Minimum 600 FICO
  • Standard 30-year fixed rate FHA first lien
  • No First-Time Home Buyer requirement
  • No Income Limits
  • Easy Underwrite! First lien and second lien have the same guidelines
  • AUS approval required (no manual underwriting)
  • Eligible in all states except NY, AK and WA
  • 620 FICO, even on High Balance
  • Purchase or Refinance
  • SFR, PUD, condo, 2-4 Unit, manufactured
  • Manual underwriting available
  • Update kitchen/bath, modernize, deferred maintenance
  • Appraiser required repairs allowed
  • Loan amounts to $3 million
  • DU/LPA + FNMA/FHLMC guidelines for standardized doc requirements
  • Up to 80% LTV, FICOs to 680
  • 15 & 30 year fixed; 7/6 and 10/6 hybrid ARM
  • Primary, second home or investment property
  • Purchase, Rate/Term, Cash-out
  • Gift funds allowed and reduced reserve requirements
  • Loan amounts to $2.5 million
  • DU + FNMA guidelines for standardized doc requirements
  • Up to 80% LTV, FICOs to 680
  • 30, 25, 20 year fixed
  • Primary, second home or investment property
  • Purchase, Rate/Term, Cash-out, Delayed Financing, Texas Cash-out
  • Loan amounts from $600k - $2 million
    • Agency eligible loans $600k and up allowed
  • 7/6 and 10/6 Hybrid ARM
  • DU® for standardized doc requirements
  • Primary residence - 1-unit SFR, PUD, Condo
  • Purchase, Rate/Term, Cash-out
  • Purchase and R/T to 80% LTV
  • First Time Homebuyers eligible for up to $1,250,000 with minimum 740 credit score
  • Reduced reserve requirements
  • Loan amounts to $3 million
  • FICOs from 720
  • High Balance Loan Amounts Eligible
  • LTV to 80%
  • Purchase, Rate/Term, Cash-out
  • Primary, Second home & Investment property
  • SFR, Condo, Co-op, PUD, 2-4 units
  • 20, 25 & 30 Year Fixed
  • 7/6 & 10/6 SOFR ARM
  • Loan amounts to $2.5 million
  • FICOs from 680
  • High Balance Loan Amounts Eligible
  • Asset Depletion allowed
  • LTV to 85%
  • 20, 25 & 30 Year Fixed
  • Purchase, Rate/Term, Cash-out
  • Primary, second home or investment property
  • SFR, Condo, Co-op, PUD, 2-4 units
  • FHA HECM
  • Purchase or refi
  • Max Claim Amount $970,800
  • Borrower education required
  • Loan limits to $4 million
  • Fixed, ARM and IO w/ 40 yr term
  • Owner-occupied, second home and investment
  • Purchase, Rate/Term, Cash-Out
  • SFR, PUD, 2-4 units, condos, condotels
  • DTI up to 55%
  • LTVs to 90% and no MI required
  • FICOs to 660
  • Bank statement, P&L,1099, Asset depletion

2-1 and 1-0 seller paid buydowns available on:

  1. Fannie Mae®/Freddie Mac, HomeReady® and Home Possible

  2. FHA, VA and USDA fixed rate programs

  3. Plaza's Agency Express [including High Balance] and FHA Express submission options

  4. Fannie Mae® High Balance, Freddie Mac Super Conforming, FHA High Balance and VA Jumbo

  5. FHA 100% CLTV Combo program

  6. Plaza's renovation loan programs

Plus, 2-1 and 1-0 buydowns available on:

  1. Jumbo Elite

  2. All renovation loan programs

  • 600 FICO, 100% LTV
  • Purchase, R/T, Streamline, Streamlined-assist
  • Single family non-farm residence, USDA Eligible
  • Attached/detached SFR, PUD, manufactured
  • Condos – Fannie Mae, Freddie Mac, HUD or VA eligible
  • 2-1, 1-0 Seller paid buydown
  • 620 FICO, 100% LTV on purchase
  • USDA Eligible property
  • Owner-occupied, detached SFR/PUD
  • Closing costs & upfront guarantee fee may be financed**
  • 550 FICO, up to 100% LTV to $1M
  • Jumbo to $2.5 million – 90% LTV, 700 FICO
  • Purchase or cash-out
  • Attached/detached SFR, 2-4 unit, PUD, VA-approved condo, manufactured
  • HUD-owned (REO) properties that meet HUD MPRs
  • Manual underwrite on AUS Refer
  • 5/1 Treasury ARM
  • 2-1, 1-0 Seller paid buydown on fixed
  • 550 FICO up to $1 million
  • Jumbo to $2.5 million
  • Primary, second home, investment
  • Attached/detached SFR, 2-4 unit, PUD, condo, manufactured
  • No income verification in most cases
  • Up to 100% LTV purchase. 90% on refi
  • Jumbo amounts up to $970,800 nationwide
  • Improvements, including luxury items, that can be completed in 4 months
  • 620 FICO
  • Up to $50K toward rehabilitation or remodeling

For more information, please contact your Plaza Account Executive for more details, call us at 866.260.2529 or email us at hereforyou@plazahomemortgage.com.

 

This information may not highlight all requirements; refer to Plaza's program guidelines. Plaza's programs neither originate from nor are expressly endorsed by any government agency.

*Plaza’s guidelines for LPA loans > 95% LTV incorporate Freddie Mac’s HomeOne program.

**Restrictions apply. See USDA Renovation guidelines for full details.

This information is provided by Plaza Home Mortgage, Inc. as a courtesy to its mortgage professional clients and the public and is meant for instructional purposes only. None of the information provided is intended to be legal advice in any context. Plaza does not guarantee, warrant, ensure or promise that information provided is accurate. Terms and conditions of programs and guidelines are subject to change at any time without notice. Any unauthorized use or distribution of this information is strictly prohibited. This is not a commitment to lend.

® 2023 Plaza Home Mortgage, Inc. Plaza Home Mortgage and the Plaza Home Mortgage logo are registered trademarks of Plaza Home Mortgage, Inc. All other trademarks are the property of their respective owners. All rights reserved. Plaza Home Mortgage, Inc. is an Equal Housing Lender. Plaza NMLS 2113