Acra Lending (formerly Citadel Servicing's successor brand for wholesale originations) is a non-QM wholesale lender with one of the broader program menus in the space. Acra covers bank statement, DSCR, foreign national, P&L only, and jumbo non-QM. For brokers handling diverse non-QM borrower types, having Acra approved is table stakes.
Product Lines and FICO Floors
- ✦Bank Statement: 12- or 24-month personal or business; FICO 600 minimum on some tiers; LTV to 85%
- ✦DSCR: no income or employment required; FICO 620+; LTV to 80%; DSCR floor 0.75 on some products
- ✦Foreign National: eligible for non-warrantable condos and SFR; no SSN or FICO required; LTV to 70%
- ✦P&L Only: CPA-prepared P&L accepted without bank statements; FICO 660+
Foreign National Program Detail
Acra's foreign national program is one of the more flexible in the wholesale space. No US credit history or FICO score is required. Qualifying relies on international credit documentation, bank statements from a foreign institution, and visa type. LTV caps at 70% for SFR and 65% for condos. Eligible visa types include B1/B2, E-2, and other non-immigrant visas. Fully owned foreign corporations can also be eligible borrowing entities.
Approval Speed and Broker Experience
Acra has a centralized underwriting shop in Irvine, CA. Typical conditional approval time is 5 to 7 business days on clean files. Scenario desk is available through your AE for pre-submission review, which is worth using for any file with credit events, foreign income, or unusual entity structures. Acra publishes updated rate sheets and matrices weekly -- always pull the current version before quoting a borrower.
Aria can compare Acra's programs against other non-QM wholesalers and flag which Acra product matches a specific borrower profile including foreign nationals. Ask at vicariointel.com.
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