Home Loan Products

Qualified Loan Programs

  • Up to 97% Loan-to-Value
  • 10, 15, 20 and 30 Year Terms
  • Able to Underwrite Down to a Mid-Score of 620
  • Financing Available for Borrowers With Up to 10 Financed Properties
  • Low 3.5% Down Payment
  • FHA 203k Full and FHA 203k Streamline
  • Able to Underwrite Down to a Mid-Score of 580
  • Manual Underwriting Available for Borrowers Without Credit Scores
  • Veteran Land Board Serving Texas Veterans
  • Reduced Interest Rate
  • Allows seniors 62 and older to convert a portion of the equity in their homes into cash.
  • No monthly mortgage payments due1
  • Loan proceeds are tax-free2
  • Proceeds from a reverse mortgage can be accessed in several ways – a lump sum distribution, monthly distributions, a combination of the two, or a line of credit accessible at any time.

1 Homeowners continue to pay property taxes, homeowner’s insurance and keep up home maintenance. Although there are no monthly mortgage payments, interest does accrue on the portion of the loan amount disbursed.
2 Homeowners should consult their tax advisor.

  • Aid to Low — Moderate Income Borrowers
  • No Down Payment Requirement
  • Able to Underwrite Down to a Mid-Score of 620 Jumbo Loans
  • Loans Up to $1.5 Million
  • No DTI Restrictions With an AUS Approval
  • Repair Escrows for Minor or Cosmetic Repairs Up to a Maximum of $4,999 With a 50% Cushion

Eligibility for the loan products and programs listed above are dependent on individual borrower circumstances, and other unlisted restrictions may apply. Consult with a mortgage professional for help in selecting a mortgage loan that is right for you.


Non-Qualified Loan Programs

Ideal for self-employed borrowers looking to qualify for Jumbo financing based on sourced business deposits on their three most recent bank statements.

  • Credit scores as low as 700
  • LTVs as high as 70%
  • Available for primary residences purchase, ‘rate and term’ refinance, and ‘cash out’ refinance transactions
  • Purchase and ‘rate and term’ transactions available for second homes

Designed for borrowers who have had a significant derogatory credit event and have not met agency seasoning requirements.

  • Foreclosure — allowed after 3 years have passed from the deed transfer date
  • Short-sale — allowed after 2 years have passed from the deed transfer date
  • Chapter 7 or 11 bankruptcy — allowed after 3 years have passed since the discharge or dismissal date
  • Chapter 13 bankruptcy — allowed after 2 years from the discharged date or 3 years from the date of dismissal
  • Credit scores as low as 620
  • LTVs as high as 80%
  • Available for primary residence, second home and investment property purchase and ‘rate and term’ refinance transactions

Designed for borrowers with DTI ratios as high as 50%

  • Credit scores as low as 700
  • LTVs as high as 80%
  • Up to 55% for primary residence transactions with sufficient residual income
  • Available for primary residence, second home and investment property purchase and ‘rate and term’ refinance transactions

Non-warrantable condos are eligible for financing with all of Bayview’s Portfolio Programs (Refer to Bayview’s Non-Warrantable Condo Matrix).

Designed for borrowers with blemished credit who are ineligible for financing through traditional agency or jumbo investors, this loan is ideal for customers who may have struggled with foreclosure, bankruptcy, short sale or other hardships in the past.

  • Up to $1,000,000 Loan Amount
  • 620+ FICO
  • Up to 80% Loan-to-Value
  • Up to 43% Debt-to-Income
  • 15 Year and 30 Year Fixed Rate Terms
  • 5/1 and 7/1 Low Interest Adjustable Mortgage Rates (ARMs) Available
  • Eligible for Non-Warrantable Condos, When Primary or Secondary Residency
  • Second Homes and Investment Properties Permitted

For homebuyers who do not meet qualifying mortgage debt-to-income (DTI) requirements, this product allows for up to 55% debt-to-income ratios for customers who meet residual income requirements.

  • Up to $1,500,000 Loan Amount
  • 700+ FICO
  • Up to 80% Loan-to-Value
  • Up to 55% Debt-to-Income
  • 15 Year and 30 Year Fixed Rate Terms
  • 5/1 and 7/1 Low Interest Adjustable Mortgage Rates (ARMs) Available
  • Eligible for Non-Warrantable Condos, When Primary or Secondary Residency
  • 6 or 12 Month Reserves
  • Cash-Out Loans Available

For experienced investors who may exceed agency investment property maximums or do not meet traditional income requirements, this loan is designed for investors who own at least three other investment properties or investors with a history of owning, retaining and managing investment properties (three year minimum).

  • Up to $1,000,000 Loan Amount
  • 680+ FICO
  • Up to 65% Loan-to-Value
  • 15 Year and 30 Year Fixed Rate Terms
  • 5/1 and 7/1 Low Interest Adjustable Mortgage Rates (ARMs) Available
  • 12 Month Reserves
  • Cash-Out Loans Available

If you’re interested in a condo that is non-warrantable, your purchase may be eligible for a numbers of our portfolio loans*, including:

  • Early Access Loan
  • Alternative Income Loan
  • Asset Inclusion Loan
  • Expanded Ratio Loan
  • Up to 70% Loan-to-Value on All Non-Warrantable Condo Loans
  • 60% of Total Units Must Be Sold or Under Contract/ Pending Sale
  • 20% or Less of Total Units May Be Owned By One Single Entity
  • Condotels May Be Considered, if the Project is Residential in Nature
  • 10% Reserve Allocation Not Needed, if Current Reserve Balance Exceeds 20% of Operating Expenses
  • Second Homes Permitted

Perfect for smart investors who may not meet traditional income verification requirements or documentation standards, this is a unique loan for clients who are looking to purchase or refinance, but do not fit QM loan requirements. This loan is designed for individuals who have:

  • Been Self-Employed for Less Than Two Years and Can Provide a Record of Their Income
  • Been Self-Employed for More Than Two Years and Have a More Profitable Recent Year
  • Customers Who Recently Transitioned to Commission or Bonus-Based Income
  • Up to $1,500,000 Loan Amounts
  • 700+ FICO
  • Up to 80% Loan-to-Value
  • Up to 43% Debt-to-Income
  • 15 Year and 30 Year Fixed Rate Terms
  • 5/1 and 7/1 Low Interest Adjustable Mortgage Rates (ARMs) Available
  • 6 or 12 Month Reserves
  • Second Homes and Investment Properties Permitted
  • Cash-Out Loans Available

Designed for borrowers who have adequate assets but do not fit traditional qualifying mortgages, our advanced assets-as-income calculations ensure that qualified borrowers can supplement monthly income with non-liquid or retirement assets.

  • Up to $1,500,000 Loan Amount
  • 700+ FICO
  • Up to 80% Loan-to-Value
  • 15 Year and 30 Year Fixed Rate Terms
  • 5/1 and 7/1 Low Interest Adjustable Mortgage Rates (ARMs) Available
  • 6 or 12 Month Reserves
  • Eligible for Non-Warrantable Condos, When Primary or Secondary Residency
  • Second Homes and Investment Properties Permitted
  • Retirement Funds Accepted