 * Purchases and Rate/Term refinances on primary residences up to $1.5 million with a 85% LTV, 740 credit score and no MI requirements.
* 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. |
Categories
All
Archives
September 2021
|
|
|
