Key features:

  • Up to 90% LTV  
  • Up to $3,000,000 maximum loan amount  
  • $100,000 minimum loan amount 
  • 660 minimum FICO score  
  • Fixed terms and ARMs available  
  • Interest-only option available  
  • Primary residence, second homes, and investment properties  
  • Up to 50% DTI  
  • 6-12 months’ reserves  
  • 1-4 units, PUDs, and warrantable condos 
  • Cash-out amount up to $500,000 

Additional Products in the Two-X Flex Suite

Two-X Flex

A full-document product that allows your unconventional borrowers to qualify with two years of income documentation and expanded qualifying ratios.

Two-X Flex 1 Year

This option allows some of your borrowers to qualify based on as little as one year of income documentation.

Key features:

  • Qualify based on most recent year of income documentation
  • Must be self-employed for two years
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Two-X Flex Bank

With no tax returns or 4506 required, self-employed borrowers can qualify using bank statement deposits.

Key features:

  • Qualify using 12 or 24 months of bank statement deposits
  • Must be self-employed or 1099 worker
  • Multiple businesses permitted
  • Additional wage earner income permitted
  • Three options to calculate expense ratio
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Two-X Flex Asset

With Two-X Flex Asset, your borrowers may qualify solely on their existing assets with no employment needed. This can also be combined with the Two-X Flex Product.

Key features:

  • Qualify based on six months of personal assets
  • No employment documentation required
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Two-X Flex 1099

With Two-X Flex 1099, your borrowers may qualify using single source or multiple sources of 1099 income.

Key features:

  • At least one borrower must receive 1099
  • Borrower must be in same line of work for ≥2 years
  • Single or multiple 1099 income sources
  • W2 employees converted to 1099
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Two-X Flex P&L

This product may allow your borrowers to qualify with as little as 12 months of self-employment income from profit and loss (P&L) statements.

Key features:

  • ≥ 1 borrower must be self-employed with ≥50% ownership
  • Borrower must be in line of business for ≥2 years
  • Business must be established for ≥12 months with a minimum prior year third party P&L
  • Up to 3 businesses permitted
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