| Welcome - Shari Smith, Account Exec. |
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 Kensica MortgageBanc, Inc. is a newly founded leading edge Bank, offering a variety of niche mortgage products and services. Our programs target those borrowers whose credit scoring does not meet conventional guidelines (Freddie Mac, Fannie Mae, VA/FHA ). We focus our efforts on attaining business from Mortgage Brokers who find these loans to be a challenge. Kensica prides itself on the ability to handle these loans within a minimal time-frame while providing outstanding customer service.
If you are a Mortgage Broker and have a need to acquire a loan for customers whose credit scoring is less than perfect, give Kensica MortgageBanc a call today.
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| KMB'S TOP NICHE PROGRAMS |
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CALL YOUR ACCOUNT EXECUTIVE TODAY TO LEARN ABOUT KMB’S TOP NICHE PROGRAMS. 100% LTV ON 2 UNIT WITH 600 SCORE (FULL DOC AND O.O. ONLY).
COLLECTIONS AND JUDGEMENTS UP TO $7500 WITHIN THE LAST 12 MONTHS DO NOT HAVE TO BE PAID. (EXCEPTIONS: ALL LIENS ON TITLE MUST BE PAID REGARDLESS, TAX LIENS MUST BE PAID AND CHILD SUPPORT WITHOUT A PAY PLAN THAT IS IN GOOD STANDING MUST BE PAID.)
FIRST TIME HOME BUYERS WITH NO RENTAL HISTORY (LIVES WITH RELATIVES) CAN GET 100% LTV WITH SCORE OF 650 . (SFD, FULL DOC, O.O.)
DEBT-TO INCOME RATIOS UP TO 55%.
80/20 PURCHASE OR REFINANCE. KMB GIVES THE FIRST AND THE SECOND MORTGAGE. 600 SCORE (SFD, O.O., FULL DOC ONLY)
CASE-OUT UP TO $100,000.
LAND CONTRACTS TREATED AS REFINANCES AND CASH-OUT AT 6 MONTHS. (BORROWER MUST HAVE 5% INVESTED IN PROPERTY TO GET CASH-OUT. SFD, O.O. AND FULL DOC ONLY.)
W2 STATED UP TO 100% LTV WITH 640 SCORE. (SELLER CARRY BACKS ALLOWED, O.O. AND SFD ONLY. WILL USE LOWEST MIDDLE SCORE OF BORROWER AND CO-BORROWER.)
KMB IS A MORTGAGE ONLY LENDER. WE DO NOT CARE ABOUT ANY OTHER ACCOUNTS. Mortgage only 550 score up to 95%.
KMB ONLY LOOKS AT THE PRIMARY WAGE EARNER’S MIDDLE SCORE. THE CO-BORROWER SCORES ARE NEVER TAKEN INTO ACCOUNT (EXCEPTIONS: W2 STATED PROGRAM).
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| Additional Info Coming Soon. |
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