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30mi high LTV product fact sheet

30 year fixed rate "alt-a"

30mi 30 yr fixed sfr, alt, puds, de-puds, condos second home

purchase/r&t refinance/construction to permanent

property types

maximum loan amount

LTV

LTV

LTV

LTV

LTV

second home (2)

purch

rate & term

const-perm

full doc

stated income

no ratio

nina

no doc

sfr, puds, condos

$4000,000

95

90

90

n/a

n/a

sfr, puds, condos

$500,000

90

90

90

n/a

n/a

sfr, puds, condos

$650,000

90

n/a

n/a

n/a

n/a

cash out refinance (1)

property types (2)

maximum loan amount

LTV

LTV

LTV

LTV

LTV

second home

cash out refinance (1)

full doc

stated income

no ratio

nina

no doc

sfr, puds, condos

$500,000

90

90

90

n/a

n/a

sfr, puds, condos

$650,000

90

n/a

n/a

n/a

n/a

(1) maximum cash out is limited to $100,000. (variance=$150,000 radian mi only)

(2) no manufactured or 2-4 unit second homes. see non-owner occupied.

 

30mi 30 yr fixed – 1-4 units, alt-puds, de-puds, condos (2) n/o/oproperty

purchase/r&t refinance/construction to permanent

property types (2)

maximum loan amount

LTV

LTV

LTV

LTV

LTV

n/o/o

purch

rate & term

const-perm

full doc

stated income

no ratio

nina

no doc

1-4 units, condos, puds (2)

$450,000

90

85

85

n/a

n/a

1-4 units, condos, puds (2)

$500,000

85

85

85

n/a

n/a

cash out refinance (1)

property types (2)

maximum loan amount

LTV

LTV

LTV

LTV

LTV

n/o/o

cash out refinance (1)

full doc

stated income

no ratio

nina

no doc

1-2 units, condos, puds (2) (3)

$275,000

85

n/a

n/a

n/a

n/a

(1) maximum cash out is limited to $100,000. (variance = $150,000 radian mi only)

(2) no n/o/o manufactured.

(3) 3-4 units not eligible for cash out refinances
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