Community Mortgage

No income documentation requirements

Our Community Mortgage Program


Our Community Mortgage Mortgage Program is a fast & simple mortgage solution for borrowers left stranded by the CFPB’s Ability to Repay (ATR) rules.


Community Mortgage was designed to fill the void and address the issues CDFI Badgelimiting prime, credit worthy borrowers’ access to credit through common sense underwriting. This exclusive mortgage product is unique in the marketplace and provides originators with a significant competitive advantage over peers to not only provide additional origination opportunities, but to also maintain and build important referral relationships.

  • Competitive Interest rates
  • Purchase and R/T to 70% LTV
  • Cash-Out Refinance Loans to 60% LTV
  • Minimum Fico Score 640
  • No income or employment Documentation Required
  • Available for primary and second homes
  • Interest-only payment options (not available in Texas)
  • Low Down-Payment Option
  • Fixed & Adjustable Rate Mortgages
  • Reserves from 6-24 Months (Based on FICO)
  • Low Lender Fee of 995.00
  • Fast Closings

Borrowers with volatile or alternative income, lack of income documentation or those recovering from a past event (i.e. employment issues due to health, divorce, foreclosure, short sale, bankruptcy) or retired borrowers seeking to tap into the equity of their home.

Recently Closed

  • PROGRAM: Community Mortgage
  • LOAN AMOUNT: $512,000
  • LTV: 60%
  • LOAN TYPE: Cash-Out Refi

“This loan was approved for a bank statement program. Their rate was 6.375 on a 5 year and they were 6 to 7 days on conditions and we would have lost this deal. Borrower is expanding his business and was able to save $800/mo. and pay everything off. Loan was approved and funded in 10 days!! This program made sense and with the quick turn time we made it work!!”

Sr. Mortgage Advisor
Riverside, CA
  • PROGRAM: Community Mortgage
  • LOAN AMOUNT: $465,000
  • LTV: 60%
  • LOAN TYPE: Purchase

“My experience with funding my first Alt-ATR loan was impressive. The ease of processing, underwriting & clear communication couldn’t have been better resulting a very pleased borrower and referral partner. This was a purchase that would have been impossible to achieve elsewhere. I look forward to this being the 1st of many!”

Sr. Mortgage Advisor
Walnut Creek, CA
  • PROGRAM: Community Mortgage
  • LOAN AMOUNT: $494,000
  • LTV: 65%
  • LOAN TYPE: Purchase

“My experience with the Alt-ATR program was smooth and simple. This program was the only option for my client as he is self-employed and writes everything off. Although he shows considerable deposits to his bank, he has too many transfers and withdrawals. He was extremely happy & grateful that I could help him.”

Sr. Mortgage Advisor
San Ramon, CA