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Direct Mortgage Loans’ 2021 New Mortgage Products

By Last Updated: December 8, 20221 min read
Direct Mortgage Loans’ 2021 New Mortgage Products

As a growing company, we constantly want to improve and add services to provide more for our clients. Recently, we have added a few more mortgage products that are currently available for our clients. Here’s a quick breakdown of the five new products.

  1. Bank Statements

The Bank Statement Program reviews statements, analyzes deposits, and calculates income to allow more loans to be closed.

  • Best for self-employed persons
  • Credit scores starting at 640
  • Up to 90% LTV, no MI
  1. Investor Cash Flow

This product allows property investors to build their portfolios faster.

  • Up to 80% LTV
  • Credit scores starting at 640
  • Qualifications based on property cash flow
  1. Asset Qualifier

The Asset Qualifier is ideal for borrowers with high net worth and significant assets.

  • Requires at least $500,000 in post-closing assets
  • Credit score 700 or higher
  • Loans up to $3 million
  1. Platinum Jumbo Program

This program offers another great jumbo mortgage loan solution.

  • Credit scores starting at 660
  • Up to 95% LTV, no MI
  • Loans from $250,000 to $3,000,000
  1. Portfolio Select

The Portfolio Select offers borrowers all the flexibility, features, and benefits of non-QM programs as a full-doc product.

  • Credit scores starting at 620
  • Up to 90% LTV no MI
  • Loans up to $2.5 million

If you have questions about these mortgage products, then contact our team today!

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About the Author: Anna Dowling

Anna Dowling is the Digital Marketing Web Lead at Direct Mortgage Loans, where she leads all aspects of the company’s web network. She develops and oversees digital content focused on the topics that matter most to current and future homeowners, as well as industry professionals. Anna holds a Bachelor of Science in Human Resources and a Master of Science in Management from Charleston Southern University.

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About the Author: Anna Dowling

Anna Dowling is the Digital Marketing Web Lead at Direct Mortgage Loans, where she leads all aspects of the company’s web network. She develops and oversees digital content focused on the topics that matter most to current and future homeowners, as well as industry professionals. Anna holds a Bachelor of Science in Human Resources and a Master of Science in Management from Charleston Southern University.

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