Not every qualified borrower fits neatly into traditional agency lending guidelines. Some buyers have strong documented income and the ability to purchase a home or investment property, but need greater flexibility when it comes to credit, property type, loan amount, or other qualification requirements.
That’s where the Full-Doc Activator and Accelerator programs can help.
These programs provide full-documentation financing options for qualified borrowers using traditional income documentation, including W-2s, tax returns, and eligible retirement income, while offering expanded guidelines for primary residences, second homes, and investment properties.
Two Programs Designed for Different Goals
The Activator Program is designed for qualified borrowers purchasing or refinancing a primary residence or second home.
Eligible borrowers may have access to financing up to 90% LTV on qualifying purchases, loan amounts up to $3 million, and FICO scores as low as 640. Purchase, Rate & Term, Debt Consolidation, and Cash-Out transactions may be available depending on borrower and property eligibility.
The program also allows eligible gift funds to cover up to 100% of the down payment or cash-to-close and permits seller concessions up to 6%.
The Accelerator Program is designed specifically for investment properties.
Qualified investors may have access to up to 85% LTV on eligible purchases, loan amounts up to $3 million, and FICO scores as low as 600.
Purchase, Rate & Term, and Cash-Out transactions are available, and the program includes options for first-time investors and eligible short-term rental properties.
More Property Types to Consider
The programs aren't limited to traditional single-family homes.
Eligible property types may include single-family residences, SFRs with one ADU, townhomes, PUDs, 2–4 unit properties, condos, non-warrantable condos, and rural properties.
Certain condotels may also be eligible for qualifying investment-property transactions.
Full Documentation With Expanded Flexibility
These are full-documentation programs, meaning borrowers still demonstrate their ability to qualify using documented income.
Depending on the borrower's income type, documentation may include W-2s and paystubs, personal and business tax returns for self-employed borrowers, or eligible Social Security, pension, annuity, and other retirement income.
The difference is that the programs provide expanded financing guidelines for borrowers who may not fit traditional agency requirements.
Who Could Benefit?
These programs may be worth exploring for:
Homebuyers who document their income but fall outside conventional agency guidelines.
Borrowers looking to finance higher loan amounts.
Buyers considering properties that can be difficult to finance conventionally.
Real estate investors, including eligible first-time investors.
Investors purchasing eligible short-term rental properties.
Borrowers who need additional flexibility around credit, LTV, or qualifying guidelines.
Don't Assume a Deal Doesn't Work
A borrower who doesn't fit inside a traditional lending box doesn't necessarily have to stop there.
With access to a broader range of financing programs, Tag Lending Group can evaluate the complete borrower and property profile and determine whether another financing path may be available.
Have a buyer, homeowner, or investor who doesn't quite fit traditional guidelines?
Contact Tag Lending Group and let's see what options are available.
Let’s TAG TEAM This Deal!
Consumer Disclaimer: This is not a commitment or guarantee to lend. Rates, fees, and credits are subject to change without notice. Certain products and services may be provided by a mortgage lender with whom Tag Lending Group has a business relationship. Program eligibility, credit approval, documentation requirements, property eligibility, and applicable underwriting guidelines apply. Not all borrowers or properties will qualify.
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