Early CD with Approved Loan
& Lock
Why Broker with Southwest?
EASY SIGN-UP
Getting started couldn't be easier. Simply fill out the form below.
INCREDIBLE PROGRAMS
From 203k and ITIN to FHA below 580, odds are we have what you're looking for
BLAZING TURN TIMES
What we do best. Our turn times are some of the fastest in the industry
TRANSPARENCY
You'll know where your loans stand at any time and at any point in the process
COMPLIANCE TEAM
Our compliance team has been keeping in step with regulators since 1993
FHA
Loans
VA
Loans
Streamlines
CONVENTIONAL
Loans
USDA
Loans
96.5% LTV on purchases for 580+ FICO
97.75% LTV on R&T refi or 80% cash-out
No DTI restrictions on 580+ FICO, follow AUS
Manual underwriting allowed
No VOR unless required by DU findings
Mortgage lates OK if AUS approved, excluding C/O
One day off of market for cash-out refi; property to be off market prior to date of loan application
HUD REO $100 Down allowed
We take DU and LP
203(k) Purchase and Streamline
620 min FICO for streamlines, no appraisal, no income, mortgage only credit report with score
580 FICO
Manual underwriting allowed
2 years seasoning on short sales w/compensating factors and valid LOEs
USDA Pilot Refi program
580+ FICO
We take DU and LP
Minimum 600 FICO VA IRRRL, no income, mortgage only
Manual underwriting allowed; AUS refer allowed
620+ FICO on conforming conventional
Financed properties up to 10 N/O/O
Only one score reporting OK with DU approval
Properties one day off market OK for R&T refi
No minimum number of tradelines - DU
No DTI restrictions - DU
Appraisals waivers (PIW) allowed by AUS
Rental income without landlord history
80% LTV cash out with MI approval
Lender paid MI; single premium & financed MI
HomeStyle Renovation program available
Texas Cash Out (A6)
FNMA Home Ready
