ChoiceAmerica Lending, LLC.

Convenient Streamlined Loans(NIV, No Ratio, SISA, NINA)

A No Ratio loan allows your clients to qualify without stating their income level. A Stated Income/Stated Asset (SISA) allows
borrowers to qualify using the income and assets stated on the loan application.

No explanation! No verification!
No documentation!

Loan amounts to $2,000,000
2-4 families allowed
For use with primary residence, second homes & investment properties
Available with our Non-Warrantable Condos
Simple credit application
Maintains confidentiality

Stated Income/Stated Asset Loans (SISA)

95% LTV to $500,000
Income and Assets are stated on 1003, but not verified or documented
Salaried, self-employed, and commissioned borrowers
IRS Form 4506-T Required

No Income Verification Loans

80/20 purchase available up to $650,000 with minimum 620 FICO
Income is stated on 1003, but not verified or documented
Salaried, self-employed, and commissioned borrowers
IRS Form 4506-T Required

No Ratio Loans

IRS Form 4506-T Not Required
No questions on income
No qualifying ratios
LTVs to 95%
Self-employed, commissioned, salaried and retired borrowers