CONFORMING
FIXED RATE PROGRAMS
(15 AND 30 YEAR) |
|
|
| $227,150 Maximum Loan Amount |
|
|
| 1st Time Homebuyer - |
97% LTV |
| Purchase & No Cash Refinance - |
95% LTV |
|
|
| Cash Out Refinance - |
80% |
|
| Non-Owner Occupied |
| Purchase & No Cash Out Refinance - |
90% |
| Cash Out Refinance - |
65% |
| (Home Improvement Only) |
|
| (Condo/Agency 1 Only) |
|
|
|
|
JUMBO
FIXED RATE
(15 AND 30 YEAR) |
|
|
| Purchase to $300,000 - |
95% LTV |
|
|
| Purchase & No Cash Out Refi: |
| To $400,000 - |
90% LTV |
| To $500,000 - |
85% LTV |
| To $650,000 - |
80% LTV |
| To $1,000,000 - |
75% LTV |
|
|
| Cash Out Refinance: |
| To $650,000 - |
80% LTV |
| To $1,000,000 - |
75% LTV |
|
|
| Purchase / Refinance: |
| To $300,000 - |
80% LTV |
| To $400,000 - |
70% LTV |
|
|
CONFORMING
BALLOON PROGRAMS
(5/25 AND7/23) |
|
|
| $227,150 Maximum Loan Amount |
|
|
| 5 Year - Purchase and No |
| Cash Out Refinance - |
80% LTV |
| Cash Out Refinance - |
75% LTV |
| (If home improvement - 80%) |
|
|
| 7 Year - Purchase and No |
| Cash Out Refinance - |
90% LTV |
| Cash Out Refinance - |
70% LTV |
| Agency 1 - |
75% |
| Agency 2 (home inprovement) - |
90% |
|
|
| Non-Owner Occupied Not Available |
|
|
|
10/1,
7/1, 5/1, 3/1
ARM PROGRAM |
|
|
| Purchase to $300,000 - |
95% LTV |
|
|
| Purchase & No Cash Out Refi: |
| To $400,000 - |
90% LTV |
| To $500,000 - |
85% LTV |
| To $650,000 - |
80% LTV |
| To $1,000,000 - |
75% LTV |
|
|
| Cash Out Refinance: |
| To $650,000 - |
80% LTV |
| To $1,000,000 - |
75% LTV |
|
|
| Non-Owner Purchase & No Cash Refi: |
| To $300,000 - |
80% LTV |
| To $650,000 - |
65% LTV |
|
|
NEGATIVE
AMORTIZTION ADJUSTABLE
(COFI, TREASURY, CD, ETC.) |
|
|
| Purchase to $300,000 - |
95% LTV |
|
|
| Purchase & No Cash Out Refi: |
| To $400,000 - |
90% LTV |
| To $500,000 - |
85% LTV |
| To $700,000 - |
80% LTV |
| To $1,000,000 - |
75% LTV |
|
|
| Cash Out Refinance: |
| To $650,000 - |
80% LTV |
| To $1,000,000 - |
75% LTV |
|
|
| Non-Owner Purchase & No Cash Refi: |
| To $700,000 - |
80% LTV |
|
|
|
ARM
PROGRAM
1 YEAR
6 MONTH |
|
|
| Purchase to $300,000 - |
95% LTV |
|
|
| Purchase & No Cash Out Refi: |
| To $400,000 - |
90% LTV |
| To $500,000 - |
85% LTV |
| To $700,000 - |
80% LTV |
| To $1,000,000 - |
75% LTV |
|
|
| Cash Out Refinance: |
| To $650,000 - |
80% LTV |
| To $1,000,000 - |
75% LTV |
|
|
| Non-Owner Purchase & No Cash Refi: |
| To $700,000 - |
80% LTV |
|
|