* Purchase and Rate/Term refinance loan amounts to $3 million on primary residences.
* Cash-out refinances up to 70% LTV for primary residences.
* Purchases on second homes up to $1 million with a 80% LTV and 720 credit score.
* Rate/Term refinances on second homes available up to 80% LTV.
* For Purchases: One full URAR appraisal required for loan amounts <= $2 million.
* For Refinances: One full URAR appraisal required for loan amounts = $1.5 million.
* Available for self-employed borrowers.
* Owner-occupied primary residences (1-2 unit), second homes (1 unit) and warrantable Condos/ PUDs.
* The minimum loan amount is $417,001. Loan amounts between conforming loan limits and agency high balance are eligible.