Cathay Bank · Bank
Cathay Bank
Review published mortgage options and requirements, then request a personalized quote from the lender.
Availability: Community Home Buyers Program: online application not available; subject to area median income restrictions.
At a glance
- Property use
- Primary residence
Still to confirm: Borrower type, Credit requirement, Reserves.
Our take: Pros & Cons
What we like
- Fixed and adjustable-rate mortgages are available for home purchase or refinancing.
- Nonresident Mortgage is offered for foreign nationals purchasing or refinancing U.S. investment property.
- Home Mortgage Plus offers alternative income documentation, subject to different pricing and LTV requirements.
What to consider
- Alternative Income Documentation Home Mortgage Plus has a higher rate and stricter LTV requirement than a conventional mortgage.
- Community Home Buyers is subject to area median income restrictions and does not accept online applications.
- Restrictions and limitations apply; confirm program-specific identity, visa, credit, property and geographic requirements.
AI-generated lender-level assessment based on published information. Not a verified assessment of Home Mortgage Plus — Primary residence; confirm program-specific conditions below.
Additional lender considerations
- The published mortgage comparison states there are no prepayment penalties on its listed plans.
- Request personalized rates, APR, fees and a Loan Estimate; no approval is guaranteed.
Newcomer requirements
Home Mortgage Plus — Primary residence
Fit not assessed · Check fit
Verified published requirements for this program. Rate-example assumptions are separate and do not establish eligibility or approval.
- Employment documentation
- Alternative income documentation
- Occupancy
- Primary residence
View full lender requirements
- Employment documentation
- Alternative income documentation
- Occupancy
- Primary residence
- Other conditions
- If you select the “Alternative Income Documentation” Home Mortgage Plus mortgage loan program, the interest rate on your loan will be higher than a Conventional Mortgage Loan, and the Loan to Value (LTV) requirement is stricter.
Questions to confirm with the lender (14)
These requirements have not been verified for this program:
- SSN
- ITIN
- U.S. credit history
- Foreign credit history
- No credit history
- Residency / visa
- Minimum credit score
- Minimum down payment
- Income documentation
- Foreign income
- Foreign assets
- Reserves
- State restrictions
- Property restrictions
Requirements last reviewed: Oct 25, 2026 · Official requirements source
Rates and costs
Home Mortgage Plus — Primary residence
Rates are available on request
No reviewed advertised rate example is linked to this program.
How to apply
Home Mortgage Plus — Primary residence
- Alternative income documentation
- Confirm the program's identity, residency, credit and property requirements with the lender.
- Use the official application channel to request pricing for your actual scenario.
- Review the lender's written Loan Estimate, including costs and cash to close.
Published eligibility and availability do not guarantee approval. Confirm membership, relationship, property and occupancy conditions with the lender.
Sources and methodology
About this lender
Fixed and adjustable-rate mortgages, Home Mortgage Plus alternative-documentation financing, Nonresident Mortgage for U.S. investment property, and Community Home Buyers options. Eligibility and application routes vary by program.
Legal lender: Cathay Bank
Lending channel: Direct lending
Provider type: Bank
Lending channels: Direct lending. Origination status: Active.
NMLS identifier: 464182
More lender directory information
Direct application information ↗
Community Home Buyers Program: online application not available; subject to area median income restrictions.
Directory verified: 2026-10-25 UTC · Official directory source ↗
Official mortgage terms · Profile reviewed: Oct 25, 2026
- Official lender source · Last checked Not confirmed
What do APR, points, LTV and reserves mean?
- APR
- An annualized borrowing-cost measure that includes interest and certain loan charges. Read it alongside the interest rate and fees.
- Discount points
- An upfront charge expressed as a percentage of the loan amount. Compare the quoted interest rate and the points together.
- LTV
- Loan-to-value: the loan amount relative to the property's value.
- Reserves
- Assets the lender may require you to retain after closing. Requirements differ by program.