Mortgage Loan Program
Unique Loans for Unique Homebuyers
Explore the home loan programs which are most suitable for you, even if you lack conventional paperwork.
The conforming and high balance home loan programs are ideal for salaried or self-employed borrowers who can document income and assets required to qualify for the loan.
Purpose
Purchase, Refinance and Cash-Out Refinance1
Available Programs
- Conventional Fixed Rate Mortgage
Terms
- Available in a variety of loan term options.
- Your interest rate and monthly principal and interest (P&I) payments remain the same for the life on the loan.
Maximum Loan Amount For Conforming Full Documentation Loans2
1 Unit $726,200
2 Unit $929,850
3 Unit $1,123,900
4 Unit $1,396,800
Maximum Loan to Value
Up to 95% depending on property type and loan purpose
Occupancy
Owner-Occupied/Second Home/Investment
Property Type
- Single Family Residence (1-4 units)
- Condominiums (Fannie Mae warrantable)
- Planned Unit Developments (Fannie Mae approved)
- Townhomes
Eligible Borrowers
U.S. Citizens and Permanent Residents, Non-Permanent Resident Aliens with a valid Social Security Number/Tax Identification Number and proof of current legal residency in the U.S.
The Bridge to Home Loan Program is designed for borrowers who do not fit into the “standard boxes” of many of the large lenders. There are various ways to qualify for the Bridge to Home Loan Program with income or assets (not including equity in subject property).
Our mortgage program features include no pre-payment penalty, adjustable and fixed rate payment options.
Additionally, there is no minimum credit score required if your current history of paying bills is as agreed.
Purpose
Purchase, Refinance and Cash-Out Refinance1
Available Programs
- Adjustable Rate Mortgage (ARM)
- Fixed Rate Mortgage2
Terms
- 5/1 ARM
- 10/1 ARM
- 15 Years Fixed2
- 30 Years Fixed2
Features
- Your interest rate and monthly principal and interest (P&I) payments remain the same for a defined initial period, then adjusts annually when that initial period is over.
- Includes an interest rate cap that sets a limit on how high or how low your interest rate can go.
Maximum Loan Amount
$2,000,000
Maximum Loan to Value
60% for Purchase and Rate & Term Refinance3
50% for Cash out Refinance
Occupancy
Owner-Occupied/Second Home/Investment
Property Type
- Single Family Residence (1-4 units)
- Condominiums
- Planned Unit Developments
- Townhomes
- Co-op (New York)4
Eligible Borrowers
Individuals (including married or joint applicants), LLCs, Corporations, Trusts, Foreign Nationals, and Non-Permanent Resident aliens.
This conforming and high balance full documentation mortgage product is designed for low-to-moderate income borrowers and buyers in designated low-income, minority, and disaster-impacted communities. The product has a low down payment requirement and offers flexible qualification guidelines. Full income and asset documentation are required.
Purpose
Purchase, Rate & Term Refinance
Available Programs
Conventional Fixed Rate Mortgage
Terms
Your interest rate and monthly pricipal and interest (P&I) payments remain the same for the life on the loan.
Maximum Loan Amount For Conforming Full Documentation Loans1
1 Unit $726,200
2 Unit $929,850
3 Unit $1,123,900
4 Unit $1,396,800
Maximum Loan to Value
Up to 97% depending on property type and loan purpose
Income Limits
80% of the Area Median Income (AMI) for the property location
Occupancy
Owner-Occupied
Property Type
- Single Family Residence (1-4 units)
- Condominiums(Fannie Mae warrantable)
- Planned Unit Developments(Fannie Mae warrantable)
- Townhomes
Eligible Borrowers
U.S. Citizens and Permanent Residents, Non-Permanent Resident Aliens with a valid Social Security Number/Tax Identification Number and proof of current legal residency in the U.S.
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Disclosure
All rates, fees, products, and program guidelines are subject to change or discontinuance without prior notice. Other limitations and restrictions may apply. All loans are subject to East West Bank’s application, underwriting, appraisal, and credit approval. Program is available in selected counties of California, Georgia, Massachusetts, Nevada, New York, Texas, and Washington.
1 A cash-out refinance is allowed only on Second Homes and/or Investment Properties in the state of Texas.
2 High balance loans are available in some areas that provide higher loan amount limits. Please contact one of our designated Loan Specialists for details on this loan program based on your location. Maximum loan limits are determined by geographic area.
Disclosure
All rates, fees, products and program guidelines are subject to change or discontinuance without prior notice. Other limitations and restrictions may apply. All loans are subject to East West Bank’s application, underwriting, appraisal, and credit approval. Program is available in selected counties of California, Georgia, Massachusetts, Nevada, New York, Texas and Washington.
1 A Cash-out refinance is allowed only on Second Homes and/or Investment Properties in the state of Texas.
2 Fixed rate mortgage is not available in the state of New York.
3 Maximum loan to value (LTV) is restricted to 50% LTV in the state of New York.
4 Co-op’s are allowed in the state of New York only for the Purchase of a Primary Residence.
Disclosure
All rates, fees, products, and program guidelines are subject to change or discontinuance without prior notice. Other limitations and restrictions may apply. All loans are subject to East West Bank's application, underwriting, appraisal, and credit approval. Program is available in select counties of California, Georgia, Massachusetts, Nevada, New York, Texas, and Washington. A cash-out refinance is allowed only on Second Homes and/or Investment Properties in the state of Texas.
1High balance loans are available in some areas that provide higher loan amount limits. Please contact one of our designated Loan Specialists for details on this loan program based on your location. Maximum loan limits are determined by geographic area.