Prime Solutions

Our Loan Products

From 100% financing to investor and commercial loans, find the program that fits your situation. Call us to confirm eligibility and current terms.

Home Purchase Loans

Programs for first-time and repeat buyers, including low and no down payment options.

FHA

  • 3.5% down
  • 6% seller's concession
  • Credit score 500 and up

VA

  • 100% financing
  • 6% seller's concession
  • No credit score required

Conventional — 100% Financing

  • Outside of NYC
  • 100% financing
  • 3% seller's concession
  • Loan amounts $350,000 and under
  • 680 credit score

Conventional — 5% Down

  • 5% down
  • 3% seller's concession
  • 640 credit score

SONYMA

  • 5% down
  • 6% seller's concession
  • 640 credit score

USDA

  • 5% down
  • 6% seller's concession
  • Credit score 580 and up

Condo Purchasers

  • 10% down
  • 3% seller's concession
  • 620 credit score required

Co-op Purchasers

  • 20% down
  • 640 credit score required

Renovation Loans

Buy and renovate with construction costs built into your loan.

FHA 203K

  • 3.5% down
  • 6% seller's concession
  • 100% construction cost
  • Credit score 500 and up

HomeStyle (Conventional 203K)

  • 5% down
  • 3% seller's concession
  • 100% construction cost
  • Credit score 640 and up

Self-Employed & Alternative Income

Options for borrowers who don't qualify with traditional tax returns or pay stubs.

Bank Statement Program

  • No tax returns or pay stubs
  • 6 months of bank statements
  • 10% down
  • 620 credit score

Profit & Loss Loan

  • 15% down
  • No income documents necessary
  • Credit score 620 and up

DSCR Loans

  • No tax returns, pay stubs or bank statements
  • 20% down
  • Non-owner occupied

Special Situations

Solutions for foreclosure, past bankruptcy, and non-US citizen borrowers.

Foreclosure Bailout Loan

  • No credit score requirement
  • 75% LTV
  • One year interest only

1 Year Out of Bankruptcy

  • 10% down
  • 640 credit score

Foreign National

  • Non-US citizen, no green card
  • 20% down
  • No credit score required

ITIN Borrower

  • Non-US citizen with tax ID number, no Social Security card
  • 15% down
  • 620 credit score

Investor, Commercial & Construction

Financing for investors, businesses, builders and developers.

Fix & Flip / Fix & Hold

  • 10% down
  • 100% construction cost
  • No experience necessary

Commercial Loan

  • 25% down
  • No income required
  • Credit score 680 and up

Mixed Use

  • 15% down
  • 203K mixed use: 3.5% down
  • 3% seller's concession allowed

Entity Loan

  • 20% down
  • 640 credit score
  • No seasoning on corporation or LLC

New Construction

  • 20% down
  • No building experience necessary
  • Up to $2 million

Developer Financing

  • 30% down
  • Only general contractor experience necessary

Vacant Land Purchase

  • 20% down

Refinance, Equity & Reverse Mortgages

Put your home's equity to work or refinance on better terms.

HELOC

  • Up to 80% LTV / CLTV
  • 640 credit score

Gift of Equity Refinance

  • To non-family members
  • 80% LTV
  • No asset requirement

Reverse Mortgage

  • Refinance or purchase
  • 65% LTV
  • Age restrictions apply

Not sure which program fits?

Talk with Prime Solutions about your goals.

347-500-7197Contact Us

Programs, requirements and availability are subject to change and to credit and property approval. This is not a commitment to lend.