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Arc home has flexible mortgage options
to meet your financial goals.
Arc Home’s Agency Plus program is ideal for borrowers looking for flexible options with expanded loan limits.
- Loan amounts up to $3,500,000
- Available for Cash Out Refinance, Rate and Term Refinance or Purchase
- Primary, Second Home or Investment Properties
- As low as 10% down without private mortgage insurance (PMI)
- FICO down to 660
- Interest Only Options available
Frequently Asked Questions:
1. What is an Jumbo Plus Mortgage?
Arc Home’s Agency Plus mortgages qualify borrowers that want features that a traditional mortgage does not offer such as increased loan limits, no PMI, and LTVs to 90% and interest-only options. Full income documentation is required to qualify.
2. How do you qualify?
Through the Agency Plus program, borrowers may qualify using full income documents. For wage earners, this means your most recent YTD paystubs and prior 2 years W-2s. For self-employed borrowers, you may qualify using your prior 2 years personal and business tax returns as well as your YTD P&L statement*
3. How does an interest-only loan work?
An interest-only loan is where the borrower pays only the interest for a specified period of time based on the terms of the loan, with the principal balance unchanged during that period. At the end of the interest-only period, the loan converts to a fully amortizing loan (principal and interest payment) for the remaining term. Borrowers are required to qualify for interest-only loans based on their ability to pay on the fully amortized amounts.
*Additional documentation may be required.
Our Products
Alternative Income
Alternative Income loans help self-employed borrowers qualify for a mortgage without tax returns.
Investor Cash Flow
Rental Property Investor Financing loans helps real estate investors grow their portfolio.
Traditional
Whether you’re looking to buy or refinance your primary property or vacation property, we have options to fit your needs.
Clean Slate
Clean Slate program helps individuals who have had credit challenges, bankruptcy, or recent foreclosures.