LOAN PROGRAMS
Loan Purpose
Supreme is focused on purchased business, which brings greater stability and predictability.
- Purchase 60.5%
- Refinance 39.5%
| YEAR | PURCHASE | REFINANCE |
| 2021 | 60.5% | 39.5% |
| 2022 | 82% | 18% |
| 2023 | 93% | 7% |
Product Mix
Supreme Lending is a Fannie, Freddie, and Ginnie Seller/Servicer. We also offer several non-conforming and specialty products to help meet just about any lending need.
supreme loan programs
- Up to 97% LTV financing with 620 FICO score
- HomeReady® and Home Possible®
- RefiNow™ and Refi PossibleSM
- Gift funds eligible for down payment (1-unit primary)
- Delayed financing allowed
- Multiple property financing (7-10 properties)
- HomeStyle® Renovation
- 90-day purchase flips
- ARMs available
- Interest-only ARMs
- FICO score minimum as low as 580
- FHA Streamline with no appraisal with 580 FICO score
- FHA HUD 184
- FHA 203(k) Renovation
- Solar and wind technology additions
- FHA High Balance
- Manual underwrite allowed
- ARMs available
- Up to 100% LTV with 580 FICO score
- VA IRRRL with no appraisal with 580 FICO score
- VA High Balance
- VA Renovation
- Manual underwrite allowed
- ARMs available
- Up to 89.99% LTV/CLTV to $2 million with 680 FICO score
- Up to 80% LTV/CLTV to $2 million with 660 FICO score
- Up to 80% LTV/CLTV to $3 million with 680 FICO score
- Jumbo option with no reserve requirements
- Interest-only ARMs
- In-house underwriting delegation
- Asset depletion available
- Projected income
- 100% LTV up to $1 million, no MI Medical Professional loan
- Non-warrantable condos
- Up to 100% LTV with 600 FICO score
- USDA Streamline refinance
- Manual underwrite allowed
- ARMs available
