+ InvestorLoan programs.
Bank statements, P&L, 1099, DSCR, and more. Open an income type to see its limits and every Cake program that accepts it.
Programs by income type
Alt doc
- Bank statements
Self-employed borrowers whose tax returns understate what the business earns.8 cakes · 620+ · to 90% · $4M - P&L onlySelf-employed borrowers with a profit and loss statement prepared by a tax professional.8 cakes · 660+ · to 85% · $3M
- 1099Independent contractors and 100% commission earners paid on a 1099.8 cakes · 620+ · to 90% · $4M
- WVOE onlySalaried borrowers whose employer will complete a written verification of employment.6 cakes · 620+ · to 80% · $3M
- Asset utilizationBorrowers with liquid assets and little or irregular income, such as retirees and investors.8 cakes · 620+ · to 85% · $3M
DSCR
- DSCR, 1 to 4 unitsInvestors financing a rental on the property’s income, with no employment or tax returns on the application.8 cakes · 620+ · to 85% · $3.5M
- DSCR, 5 to 8 units
Investors financing a small apartment building on its rents.2 cakes · 660+ · to 75% · $3M - Foreign nationalBorrowers who live and work outside the United States and buy or refinance US rentals.6 cakes · 660+ · to 75% · $3M
Program matrices.
Choose your program and version, then open the PDF for the income type you need.
30 PDFs. Choose a program to see its matrices.
Bundt Cake3 PDFs
- Bundt Cake Closed-end second matrixListed for: Closed-end second(PDF, opens in a new tab)
- Bundt Cake Non-QM matrixListed for: Asset utilization · Bank statements · P&L only · WVOE only · 1099 · Full doc(PDF, opens in a new tab)
- Bundt Cake DSCR matrixListed for: Foreign national · DSCR, 1 to 4 units(PDF, opens in a new tab)
Bundt Cake Investor1 PDF
Cheese Cake3 PDFs
Coffee Cake5 PDFs
- Coffee Cake DSCR 5-8 Units matrixListed for: DSCR, 5 to 8 units(PDF, opens in a new tab)
- Coffee Cake DSCR Foreign National matrixListed for: Foreign national(PDF, opens in a new tab)
- Coffee Cake DSCR matrixListed for: DSCR, 1 to 4 units(PDF, opens in a new tab)
- Coffee Cake Alt Doc matrixListed for: Bank statements(PDF, opens in a new tab)
- Coffee Cake Full Doc matrixListed for: Full doc(PDF, opens in a new tab)
Coffee Cake Lite3 PDFs
Cup Cake2 PDFs
Cup Cake Investor1 PDF
Funnel Cake3 PDFs
- Funnel Cake Closed-end second matrixListed for: Closed-end second(PDF, opens in a new tab)
- Funnel Cake DSCR matrixListed for: Foreign national · DSCR, 1 to 4 units(PDF, opens in a new tab)
- Funnel Cake Alt Doc matrixListed for: Asset utilization · P&L only · 1099 · Bank statements · Full doc(PDF, opens in a new tab)
Funnel Cake Lite1 PDF
Pound Cake Lite1 PDF
Sponge Cake3 PDFs
- Sponge Cake Super Prime matrixListed for: WVOE only · P&L only · 1099 · Asset utilization · Bank statements · Full doc(PDF, opens in a new tab)
- Sponge Cake Foreign National matrixListed for: Foreign national(PDF, opens in a new tab)
- Sponge Cake DSCR matrixListed for: DSCR, 1 to 4 units(PDF, opens in a new tab)
Sponge Cake Lite1 PDF
The rulebooks.
The matrices set the limits. The guidelines govern everything else, and Cake adds no overlays on top of either.
- Closed-end second guidelinesVersion 2.0(PDF, opens in a new tab)
- Non-QM guidelinesVersion 5.0(PDF, opens in a new tab)
- DSCR guidelinesVersion 5.0(PDF, opens in a new tab)
A file that doesn't fit a matrix cleanly? Talk it through with an account executive before you promise the borrower anything.
(833) 717-0401Have the numbers?
Enter the borrower's income documentation, credit score, LTV, and loan amount to find programs to review against the matrix.
These programs meet separate published ranges. Score, LTV and loan amount limits may not apply together. Check the matrix for your exact combination, purpose and property.
13 counting their Lite and Investor versions
- also Lite680+ · 80% LTV · $2.5MView matrices
also Investor620+ · 90% LTV · $4MView matrices- 660+ · 90% LTV · $3.5MOpen matrix PDF
also Lite620+ · 90% LTV · $3MView matrices
also Lite660+ · 90% LTV · $3MView matrices
660+ · 90% LTV · $3MOpen matrix PDF- also Investor660+ · 85% LTV · $3MView matrices
- 660+ · 85% LTV · $3MOpen matrix PDF
Confirm eligibility with the matrix and guidelines before quoting or submitting a file.
Meet the cakes.
Each cake is one of our loan programs. Open one to see its limits for each income type, its Lite and investor versions, and its matrices.
- + Investor
- + Lite
- + Investor
- + Lite
- + Lite
- + Lite
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