AGENCY CONFORMING & HIGH BALANCE (Fannie Mae DU) BORROWER PAID
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1 AGENCY CONFORMING & HIGH BALANCE (Fannie Mae DU) BORROWER PAID 30 & 25 Year Fixed Agency DU (DU30, DU25) 20 Year Fixed Agency DU (DU20) 15 & 10 Year Fixed Agency DU (DU15, DU10) /1 LIBOR ARM (2/2/5) Agency DU (DU51) 7/1 LIBOR ARM (5/2/5) Agency DU (DU71) 10/1 LIBOR ARM (5/2/5) Agency DU (DU101) Year Fixed High Balance Agency DU (DUHB30) 15 Year Fixed High Balance Agency DU (DUHB15) Minimum FICO 640 Minimum FICO
2 AGENCY CONFORMING & HIGH BALANCE (Fannie Mae DU) LLPAs Agency Price Adjustments (DU) LLPA by Credit Score / LTV Applicable for all mortgages with terms greater than 15 years FICO / LTV < 60.00% % % % % % % % > Cash-Out Refinance Agency Price Adjustments (DU) by Credit Score / LTV Applicable for all eligible mortgages FICO / LTV 60.00% % % % % % % % > Agency Price Adjustments (DU) by Product Feature / LTV Applicable for all eligible mortgages Product Feature / LTV 60.00% % % % % % % % Investment Property Unit Property Unit Property Condominium Subordinate Financing Subordinate Financing Agency Price Adjustments (DU) by Range & FICO Applicable for all eligible mortgages with Subordinate Financing LTV Range CLTV Range Credit Score <720 Credit Score % 80.01%-95.00% %-75.00% 80.01%-95.00% % % 90.01% % % % 76.01% % % 95.01% % Agency (DU) Loan Amount Price Adjustments Applicable to ALL Agency (DU) programs 100, , , , , , , , , , , , , , , , , Agency High Balance Price Adjustments (DU) by Product Feature / LTV Applicable for all High Balance eligible mortgages Product Feature / LTV 60.00% % % % % Purchase or Ltd Cash-Out % % % Cash-Out Refinance ARM (based on higher of LTV or CLTV) Lender Paid Compensation Agency (DU) Compensation applied as LLPA Lender Paid compensation is equal to a minimum 4,000 or 1% whichever is greater. To determine the appropriate price adjustment in basis points please divide 4,000 by the loan amount and then multiply by 10,000. Lender Fee Trust Review TX Doc Review Example: If loan amount is 175,000 the Lender Paid comp would be calculated as follows. 4,000/175,000 = x 10,000 = basis point adjustment or 2.286% adjustment to base pricing. If borrower paid base pricing was then the lender paid pricing would be using the example above. Agency Wholesale Fees Lock Extension Fees Applicable for ALL Agency Mortgages Day Day Day.500
3 AGENCY CONFORMING (Freddie Mac LP) BORROWER PAID 30 & 25 Year Fixed Agency LP (LP30, LP25) 20 Year Fixed Agency LP (LP20) 15 & 10 Year Fixed Agency LP (LP15, LP10) /1 LIBOR ARM (2/2/5) Agency LP (LP51) 7/1 LIBOR ARM (5/2/5) Agency LP (LP71) 10/1 LIBOR ARM (5/2/5) Agency LP (LP101) Max Price: capped at total of closing costs Max Price: capped at total of closing costs Max Price: capped at total of closing costs
4 AGENCY SUPER CONFORMING (Freddie Mac LP) BORROWER PAID 30 Year Fixed Super Conforming Agency LP (LPSC30) 15 Year Fixed Super Conforming Agency LP (LPSC15) Minimum FICO 640 Minimum FICO 640 Max Price: capped at total of closing costs Max Price: capped at total of closing costs /1 LIBOR ARM (2/2/5) Super Conforming Agency LP (LPSC51) 7/1 LIBOR ARM (5/2/5) Super Conforming Agency LP (LPSC71) 10/1 LIBOR ARM (5/2/5) Super Conforming Agency LP (LPSC101) Minimum FICO 640 Minimum FICO 640 Minimum FICO 640 Max Price: capped at total of closing costs Max Price: capped at total of closing costs Max Price: capped at total of closing costs
5 AGENCY CONFORMING & SUPER CONFORMING (Freddie Mac LP) LLPAs Agency Price Adjustments (LP) LLPA by Credit Score / LTV Applicable for all mortgages with terms greater than 15 years FICO / LTV < 60.00% % % % % % % % > Cash-Out Refinance Agency Price Adjustments (LP) by Credit Score / LTV Applicable for all eligible mortgages FICO / LTV 60.00% % % % % % % % > Agency Price Adjustments (LP) by Product Feature / LTV Applicable for all eligible mortgages Product Feature / LTV 60.00% % % % % % % % Investment Property Unit Property Unit Property Condominium Subordinate Financing Agency Price Adjustments (LP) by Range & FICO Applicable for all eligible mortgages with Subordinate Financing LTV Range CLTV Range Credit Score <720 Credit Score % 80.00% % 80.01%-95.00% %-75.00% 80.01%-95.00% % % 75.01% % Agency (LP) Loan Amount Price Adjustments Applicable to ALL Agency (LP) programs 100, , , , , , , , , , , , , , , , , Agency Super Conforming Price Adjustments (LP) by Product Feature / LTV Applicable for all High Balance eligible mortgages Product Purpose 75% LTV > 75% & 80% LTV > 80% LTV 30 & 15 Year Fixed Purchase & No Cash-Out Refinance Cash-Out Refinance Fully Amortizing ARMs Purchase & No Cash-Out Refinance Cash-Out Refinance Lender Paid Compensation Agency (LP) Compensation applied as LLPA Lender Paid compensation is equal to a minimum 4,000 or 1% whichever is greater. To determine the appropriate price adjustment in basis points please divide 4,000 by the loan amount and then multiply by 10,000. Example: If loan amount is 175,000 the Lender Paid comp would be calculated as follows. 4,000/175,000 = x 10,000 = basis point adjustment or 2.286% adjustment to base pricing. If borrower paid base pricing was then the lender paid pricing would be using the example above. Agency Wholesale Fees Lock Extension Fees Applicable for ALL Agency Mortgages Lender Fee Day.125 Trust Review Day.250 TX Doc Review Day.500
6 PORTFOLIO ARM BORROWER PAID RATE SHEET For Lender Paid comp plan see below 5/1 LIBOR (Portfolio 6/2/6) ARM (JP51, JP51IO) 7/1 LIBOR (Portfolio 6/2/6) ARM (JP71) 10/1 LIBOR (Portfolio 6/2/6) ARM (JP101) Max Price * (capped at 3rd party closing costs) Max Price * (capped at 3rd party closing costs) Max Price * (capped at 3rd party closing costs) Base 21 Day 30 Day 45 Day 60 Day Base 21 Day 30 Day 45 Day 60 Day Base 21 Day 30 Day 45 Day 60 Day Portfolio ARM & Price Adjustments Applicable for ALL Portfolio ARM (Jumbo) Mortgages Adjustments to Adjustments to Price 2nd Home Interest Only (Max 60% LTV/CLTV) 2-4 Unit Property Cash Out Investment Condo (Condotel MAX 60% LTV) FICO <700 (Including no FICO) Co-Op (New York Only) Non-Resident Alien No Escrows Loan Amount 300K - < 417K Asset Depletion Loan Amount 417K - 1.0MM Loan Amount > 1.0MM - 2.0MM Loan Amount > 2.0MM - 3.5MM Loan Amount > 3.5M - 5.0M Lock Extensions Loan Amount > 5.0M 7 Day Lock Extension Purchase Money 15 Day Lock Extension Loan To Value (LTV) 50% 30 Day Lock Extension Portfolio Wholesale Fees ARM Features Lender Fee 1, Trust Review Interest Floor = Note "Start" Pledged Asset Margin = 2.75% TX Doc Review Index = 1 Year LIBOR Foreign National BSA Review Eligibility LTV Matrix Applicable for ALL Portfolio ARM (Jumbo) Mortgages - SEE BOFI SELLERS GUIDE FOR FULL REQUIREMENTS Property Type 1MM >1MM - 2MM >2MM - 3MM >3MM - 5MM >5MM Primary Residence - Purchase 1 Unit 70 / / / / Unit 70 / / / / 60 Condo 60 / 60 Co-Op 60 / 60 Primary Residence - Refinance ( / Term & Cash Out) 1 Unit 70 / / / / Unit 70 / / / / 60 Condo 60 / / 60 Co-Op 60 / / 60 2nd Home - Purchase 1 Unit 65 / / / / Unit 65 / / / / 55 Condo 65 / / / / 55 Co-Op 65 / / / / 55 2nd Home - Refinance ( / Term & Cash Out) 1 Unit 60 / / / / Unit 60 / / / / 50 Condo 60 / / / / 50 Co-Op 60 / / / / 50 Investment - All Transaction Types 1 Unit 55 / Unit 55 / 55 Condo 55 / 55 Co-Op 55 / 55 Lender Paid Compensation (Portfolio) Compensation applied as LLPA Lender Paid compensation is equal to a minimum 4,000 or 1% whichever is greater. To determine the appropriate price adjustment in basis points please divide 4,000 by the loan amount and then multiply by 10,000. Example: If loan amount is 350,000 the Lender Paid comp would be calculated as follows. 4,000/350,000 = x 10,000 = basis point adjustment or 1.143% adjustment to base pricing. If borrower paid base pricing was then the lender paid pricing would be using the example above.
7 MERIDIAN JUMBO Meridian Jumbo 30 Year Fixed (MJ30) Meridian Jumbo 15 Year Fixed (MJ15) Max Price Max Price Meridian Jumbo 5/1 LIBOR ARM 2/2/5 (MJ51) Meridian Jumbo 7/1 LIBOR ARM 2/2/5 (MJ71) Meridian Jumbo 10/1 LIBOR ARM 5/2/5 (MJ101) Max Price Max Price Max Price
8 Non-Agency Price Adjustments LLPA by Credit Score / LTV Applicable for ALL Merdian Non-Agency (Jumbo) Mortgages FICO / LTV 60.00% % % % % (Other) Non-Agency Price Adjustments Applicable for ALL Merdian Non-Agency (Jumbo) Mortgages LLPA 60.00% % % % % Purchase Money Cash-Out Refinance 2nd Home 2 Unit Property Condo Hi-Rise ( 5 Floors) Non-Permanent Resident Alien Non-CA (30 Year Fixed Only) 0 Lender Paid Compensation 1% Eligibility Matrix (Owner Occupied) Applicable for ALL Merdian Non-Agency (Jumbo) Mortgages Loan Purpose Property Type FICO Purchase and & Term Refinance Cash-Out Refinance Loan Purpose 1-Unit, PUD, Warrantable Condo, *Co-Op 2 Unit 1-Unit, PUD, Warrantable Condo Property Type MERIDIAN JUMBO LLPAs / / 80 1,750, / / 70 2,250,000 2,750, / 60 3,000, / 70 1,500, ,000, / 60 1,500,000 1,500, / 60 1,750, / / 70 1,000, / / 50 2,500, / 35 3,000,000 Eligibility Matrix (2nd Homes) Applicable for ALL Merdian Non-Agency (Jumbo) Mortgages FICO Max Loan Amount Max Loan Amount 80 / 80 1,000, / 75 1,500,000 Purchase and & Term 1 Unit, PUD, 70 / 70 1,750, Refinance Warrantable Condo, *Co-Op 2,250, / 50 2,500, / 40 3,000,000 Meridian Wholesale Fees Lock Extension Fees Applicable for ALL Meridian Mortgages Lender Fee Day.125 Trust Review Day.250 TX Doc Review Day.500
PORTFOLIO ARM BORROWER PAID RATE SHEET For Lender Paid Comp Plan see below
PORTFOLIO ARM BORROWER PAID RATE SHEET For Lender Paid Comp Plan see below 5/1 LIBOR (Portfolio 6/2/6) ARM (JP51, JP51IO) 7/1 LIBOR (Portfolio 6/2/6) ARM (JP71) 10/1 LIBOR (Portfolio 6/2/6) ARM (JP101)
PORTFOLIO ARM - BORROWER PAID
BofI Federal Bank Wholesale Borrower Paid SFR Ratesheet Lock Desk Email: lockdesk@bofi.com Wholesale Sales Inquiries Thursday, June 28, 2018 Lock Requests: PORTFOLIO ARM - BORROWER PAID 5/1 LIBOR ARM 6/2/6
PORTFOLIO ARM - BORROWER PAID
BofI Federal Bank Wholesale Borrower Paid SFR Ratesheet Lock Desk Email: lockdesk@bofi.com Wholesale Sales Inquiries Tuesday, March 20, 2018 Lock Requests: PORTFOLIO ARM - BORROWER PAID 5/1 LIBOR ARM 6/2/6
Portfolio Wholesale Fees. Lender Paid Comp. calculate by dividing 4000 by the loan amount and multiplying. LTV Eligibility Matrix
Axos Bank Wholesale Borrower Paid SFR Ratesheet Lock Desk Wholesale Sales Inquiries Monday, October 22, 2018 Lock Requests: PORTFOLIO ARM - BORROWER PAID 5/1 LIBOR ARM 6/2/6 (JP51, JP51IO) 7/1 LIBOR ARM
Portfolio Wholesale Fees
https://correspondent.axosbank.com PORTFOLIO ARM - BORROWER PAID 5/1 LIBOR ARM 6/2/6 (JP51, JP51IO) 7/1 LIBOR ARM 6/2/6 (JP71) 10/1 LIBOR ARM 6/2/6 (JP101) Base Rate 21 Day 30 Day 45 Day 60 Day Base Rate
Portfolio Wholesale Fees
https://correspondent.axosbank.com PORTFOLIO ARM - BORROWER PAID 5/1 LIBOR ARM 6/2/6 (JP51, JP51IO) 7/1 LIBOR ARM 6/2/6 (JP71) 10/1 LIBOR ARM 6/2/6 (JP101) Base Rate 21 Day 30 Day 45 Day 60 Day Base Rate
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Mortgage Services III, L.L.C.
Home Office Ph. #: 888-664-9108 Oakbrook Office Ph. #: 630-396-3553 Pricing E-Fax #: 309-807-0717 Web Site: www.msiloans.biz Pricing E-Mail: msipricing@msiloans.biz (Bank & Credit Union Partners Only)
California Wholesale Rate Sheet
Effective Fri 01/25/2019 9:44 AM EST California Wholesale Rate Sheet Jumbo Series H is Here! - See page 15 for details. Rate Fall-Out Specials on SmartEdge, SmartCondo & Dream Big! Smart Funds - See page
MINIMUM MORTGAGE: None
LOAN PROGRAM DESCRIPTION:... 2 LOCK-IN/REGISTRATION:... 2 MINIMUM MORTGAGE:... 2 MAXIMUM MORTGAGE:... 2 MAXIMUM LTV/CLTV:... 2 ADDITIONAL CONSIDERATIONS:... 3 AGE OF DOCUMENTS:... 3 APPLICATION REQUIREMENTS:...
Texas Cash-out Program Guide Fixed Rate
Texas Cash-out Program Guide Fixed Rate Wholesale Lending July 20, 2015 Program Overview... 2 Employee Loan Policy... 2 Credit Philosophy... 2 Ability to Repay and Qualified Mortgage... 2 Program Parameters...
Refi Plus Mortgages Only
Loan-Level Price Adjustment (LLPA) Matrix This document provides the LLPAs applicable to loans delivered to Fannie Mae under the DU Refi Plus and Refi Plus (manual underwriting) guidelines (together Refi
Crescent Mortgage Company 6600 Peachtree Dunwoody Rd NE, 600 Embassy Row Ste #650, Atlanta, GA 30328
(800) 851-0263 www.crescentmortgage.com Thursday, April 11, 2019 Crescent Mortgage Company 6600 Peachtree Dunwoody Rd NE, 600 Embassy Row Ste #650, Atlanta, GA 30328 ET Market Update: 4/11/2019 Producer
Crescent Mortgage Company 6600 Peachtree Dunwoody Rd NE, 600 Embassy Row Ste #650, Atlanta, GA 30328
(800) 851-0263 www.crescentmortgage.com Monday, March 25, 2019 Crescent Mortgage Company 6600 Peachtree Dunwoody Rd NE, 600 Embassy Row Ste #650, Atlanta, GA 30328 ET Market Update: 3/25/2019 Chicago Fed
GN FHA Fixed, Streamline & High Balance Option
LOAN PROGRAM DESCRIPTION:... 2 LOCK-IN/REGISTRATION:... 2 MINIMUM MORTGAGE:... 2 MAXIMUM MORTGAGE:... 2 MAXIMUM LTV/CLTV:... 2 ADDITIONAL CONSIDERATIONS:... 2 AGE OF DOCUMENTS:... 2 APPLICATION REQUIREMENTS:...
Crescent Mortgage Company 6600 Peachtree Dunwoody Rd NE, 600 Embassy Row Ste #650, Atlanta, GA 30328
(800) 851-0263 www.crescentmortgage.com Tuesday, April 16, 2019 Crescent Mortgage Company 6600 Peachtree Dunwoody Rd NE, 600 Embassy Row Ste #650, Atlanta, GA 30328 ET Market Update: 4/16/2019 Industrial
7.1 Genworth-Insured Refinance Program (04/03/09)
Genworth Mortgage Insurance 7.1 Genworth-Insured Refinance Program (04/03/09) The Genworth-Insured Refinance Program provides expanded underwriting guidelines for rate/term refinances of Genworth-insured
Crescent Mortgage Company 6600 Peachtree Dunwoody Rd NE, 600 Embassy Row Ste #650, Atlanta, GA 30328
(800) 851-0263 www.crescentmortgage.com Thursday, March 21, 2019 Crescent Mortgage Company 6600 Peachtree Dunwoody Rd NE, 600 Embassy Row Ste #650, Atlanta, GA 30328 ET Market Update: 3/21/2019 Philly
REG Z PORTFOLIO ARMS - Primary Residence. REG Z PORTFOLIO ARMS - Non-Owner Occupied (Cash out or Delayed Finance, Not Business Entity) A+ CREDIT
California Luther Burbank Savings ~ Wholesale Rate Sheet 5/23/2016 8:00 AM PST Lock Desk: 7:30 AM - 4:00 PM PST, Monday - Friday Index: Website www.lutherburbanksavingswholesale.com 1 Yr LIBOR 1.2990%
Crescent Mortgage Company 6600 Peachtree Dunwoody Rd NE, 600 Embassy Row Ste #650, Atlanta, GA 30328
(800) 851-0263 www.crescentmortgage.com Tuesday, March 26, 2019 Crescent Mortgage Company 6600 Peachtree Dunwoody Rd NE, 600 Embassy Row Ste #650, Atlanta, GA 30328 ET Market Update: 3/26/2019 Housing
Crescent Mortgage Company 6600 Peachtree Dunwoody Rd NE, 600 Embassy Row Ste #650, Atlanta, GA 30328
(800) 851-0263 www.crescentmortgage.com Tuesday, June 12, 2018 Crescent Mortgage Company 6600 Peachtree Dunwoody Rd NE, 600 Embassy Row Ste #650, Atlanta, GA 30328 ET Market Update: 6/12/2018 May Consumer
New York Wholesale Rate Sheet
Effective Fri 01/25/2019 9:44 AM EST HomeReady: 3% down pmnt can come entirely from a gift Home Possible Advantage: Purch & refi loans up to 97% for SFR only. Home Possible: For 1-4 unit properties up
ditech BUSINESS LENDING JUMBO PRODUCTS
1. PRODUCT DESCRIPTION Conventional Jumbo fixed rate and ARM mortgages Fixed Rate: 15 and 30 year terms 5/1 LIBOR ARM: 30 year term Fully amortizing Qualified Mortgage (QM) Safe Harbor loans are permitted
HomeReady. Eligibility 1 UNIT 2 TO 4 UNITS. Purchase or Limited Cash-Out Refinance. Loan Purpose. Occupancy and Property Type Borrower Income Limits
HomeReady 1 UNIT 2 TO 4 UNITS Loan Purpose Purchase or Limited Cash-Out Refinance Eligibility Occupancy and Property Type Borrower Income Limits Minimum Borrower Contribution Acceptable Sources of Funds
"Ultra Standard" (Full Doc) & "Ultra 24" (Alt Doc) Eligibility Chart
Effective Date: 09/19/2017 Loans meeting the parameters outlined in this guideline matrix must be consistent with the Dodd Frank Wall Street Reform and Consumer Protection Act Ability to Repay (ATR). Documentation
PRODUCT GUIDELINES USBHM CONVENTIONAL NON-CONFORMING FIXED 30 YEAR YEAR YEAR 3777 Core Portfolio Revised 01/02/18
Several states and local municipalities have enacted legislation that define High Cost loans based on APR and fee thresholds which may or may not relate to the HOEPA thresholds. These types of loans typically
Fannie Mae DU Refi Plus ; Conforming High Balance Changes and New Appraisal Pricing
MSI Mortgage Services III, LLC Wholesale Partner Announcement At MSI Your Interest Is Our Priority! A Subsidiary of First State Bank Member FDIC Issue Date 5/07/09 Effective Date As Noted WPA 2009-020
JUMBO PRODUCT MATRIX
JUMBO PRODUCT MATRIX PRODUCT DESCRIPTION Non Conforming Fixed Rate OR; Non Convertible ARMs 5/1, 7/1 and 10/1 LIBOR ARM with a 2.25% Margin and 5/2/5 Caps No prepayment penalty Escrow waivers allowed for
CONFORMING FIXED LENDER PAID MORTGAGE INSURANCE PROGRAM HIGHLIGHTS
Program Summary Loan Term & Program Category A conforming conventional loan with a fixed interest rate for the term of the loan. Loan Term Program Category 30-year Conf Fixed 30 15-year Conf Fixed 15 Transaction
Pennsylvania Wholesale Rate Sheet
Effective Fri 01/25/2019 9:44 AM EST HomeReady: 3% down pmnt can come entirely from a gift Home Possible Advantage: Purch & refi loans up to 97% for SFR only. Home Possible: For 1-4 unit properties up
Pennsylvania Wholesale Rate Sheet
Effective Fri 03/15/2019 9:36 AM EST HomeReady: 3% down pmnt can come entirely from a gift Home Possible Advantage: Purch & refi loans up to 97% for SFR only. Home Possible: For 1-4 unit properties up
Product Guidelines Freddie Mac Relief Refinance - Open Access
; Important Note: The program has been extended to allow application received dates on or before December 31, 2018 and settlement dates on or before September 30, 2019. Occupancy 1-4 Units 1-4 Units Max
Portfolio Libor Arms Guidelines
Portfolio Libor Arms Guidelines Effective Date: 02/21/2017 Loans meeting the parameters outlined in this guideline matrix must be consistent with the Dodd Frank Wall Street Reform and Consumer Protection
% % >80% & 95%
Wholesale Division US Bank Home Mortgage Wholesale Pricing Effective: 2/13/18 98.500 98.5 HELP DESK 800-200-5881 Page: 1 of 5 CONVENTIONAL FIXED RATE LOANS 6 30 45 60 75 LOAN SIZE AND STATE ADJUSTMENT
CONV CONFORMING ARMS Purchase Incentive
Page 1 30/25 YR FRM CONF CF30 / CF25 Conventional Conforming Fixed Rate Mortgages 15 YR FRM CONF 20 YR FRM CONF 10 YR FRM CONF CF15 CF20 CF10 Rate 15 DAY 30 DAY 45 DAY Rate 15 DAY 30 DAY 45 DAY Rate 15
Southwest Wholesale Rate Sheet
Effective Tue 01/22/2019 9:43 AM EST HomeReady: 3% down pmnt can come entirely from a gift Home Possible Advantage: Purch & refi loans up to 97% for SFR only. Home Possible: For 1-4 unit properties up
Texas Wholesale Rate Sheet
Effective Fri 04/12/2019 3:43 PM EST HomeReady: 3% down pmnt can come entirely from a gift Home Possible Advantage: Purch & refi loans up to 97% for SFR only. Home Possible: For 1-4 unit properties up
Silvergate Funding, Inc ( SFI ) IN FOCUS BULLETIN October 10, Price Bulletin Jumbo and Conforming Product sheets will change format.
Silvergate Funding, Inc ( SFI ) IN FOCUS BULLETIN 2013-03 October 10, 2013 Columbus Day Holiday SFI will be closed for business on Monday, October 14, 2013 for the Columbus Day Holiday. We will be back
ELIGIBILITY MATRIX. Table of Contents. Standard Eligibility Requirements - Desktop Underwriter Page 2
The Eligibility Matrix provides the comprehensive LTV, CLTV, and HCLTV ratio requirements for conventional first mortgages eligible for delivery to Fannie Mae. The Eligibility Matrix also includes credit
New England Wholesale Rate Sheet
Effective Fri 03/15/2019 9:36 AM EST HomeReady: 3% down pmnt can come entirely from a gift Home Possible Advantage: Purch & refi loans up to 97% for SFR only. Home Possible: For 1-4 unit properties up
PRIMARY RESIDENCE PURCHASE & RATE/TERM REFINANCE PRIMARY RESIDENCE CASH-OUT REFINANCE SECOND HOME PURCHASE AND RATE/TERM REFINANCE
PRIMARY RESIDENCE PURCHASE & RATE/TERM REFINANCE Property Type Max. Loan mount Max. LTV Max. CLTV/HCLTV Min. FICO 1-Unit, PUD $679,650 85% N/A 760 Warrantable Condo $679,650 80% 90% 680 PRIMARY RESIDENCE
Core Seconds S Year Fixed S Year Fixed
TABLE OF CONTENTS PRODUCT DESCRIPTION Page # Product Description 3 ELIGIBILITY Occupancy 3 Underwriting Methods 3 Documentation Requirements 3 Transaction Types 3 Eligible Property Types, Ineligible Property
Attention All Correspondent Lending Sellers: April 20, 2018 CA Announcing Freddie Mac Home Possible and Home Possible Advantage
Attention All Correspondent Lending Sellers: April 20, 2018 CA 18-037 Announcing Freddie Mac Home Possible and Home Possible Advantage Subject Summary Effective Date Home Possible Advantage Mortgage Maximum
EFFECTIVE 1/23/09 THIS PRODUCT IS TEMPORARILY SUSPENDED.
Posted 1/23/09 EFFECTIVE 1/23/09 THIS PRODUCT IS TEMPORARILY SUSPENDED. 603 - Table of Contents 603 - JUMBO PRODUCTS...603-1 PRODUCT DESCRIPTION AND PRODUCT CODES...603-1 Overview...603-1 Seller Responsibility...603-1
Maximum LTV/CLTV 3 /HCLTV. Number of Units. Minimum Credit Score 4. Transaction Type 1,2. Principal Residence
ELIGIBILITY MATRIX The Eligibility Matrix provides the comprehensive loan-to-value (LTV) ratios, combined LTV ratios (CLTV), and home equity CLTV ratios (HCLTV) and minimum credit scores (if applicable)