First Consolidated offers three-tiered ITIN programMortgagePress.comITIN mortgage lending
First Consolidated Mortgage Company (FCMC), in association with
the Hispanic Financial Group (HFG), has launched a three-tiered
mortgage lending program that will allow the use of Individual
Taxpayer Identification numbers (ITINs) in place of Social Security
The three program tiers are as follows: Platino
(Platinum), which offers 100 percent loan-to-value (LTV) on a
full-doc basis; Oro (Gold), which offers LTV up to 95
percent on either a full-doc or stated basis; and Plata
(Silver), which is exception based and geared toward those who do
not qualify for Platino or Oro.
Dallas-based FCMC is a wholesale lender specializing in alt-A
and sub-prime loans. For more information, call (877) 969-3800 or
Hispanic Financial Group is a wholesale mortgage lender based in
Dallas, specializing in ITIN loans. For more information, call
(214) 969-3804 or visit www.hfg-itin.com.