Aspire Expanded
Guidelines
- Minimum loan amount $100,000
- Maximum loan amount $3,000,000
- 12 and 24 month personal and business bank statement programs
- 1099, P&L
- Fixed, ARMs, 40-year and Interest Only Options
- Non-Warrantable Condos and Condotels
Redwood Aspire is focused on providing home financing solutions for underserved borrowers who do not meet the traditional lending requirements for housing finance, particularly those with alternative income streams, such as self-employed individuals.
Aspire leverages Redwood’s three decades of experience providing liquidity solutions to parts of the residential housing market not well served by government programs.
For Approved Sellers: If you are a Loan Officer and have a scenario you wish to discuss, please reach out to your internal Underwriting team.
If you are an Underwriter with a guideline question or scenario and are unsure who to contact from Redwood, please reach out to [email protected]
Disclaimer: Redwood’s Aspire loan programs are conducted through Redwood Residential Acquisition Corporation (NMLS #221649). Redwood does not offer or originate mortgage loans directly to consumers.