Elite

740+ FICO

  • Up to 80% LTV
  • Loan amounts from $250,000 up to County Loan Limits
  • Appraisal Waivers honored
  • Underwrite to AUS findings
  • Includes Conventional, High Balance and Arms

 


Pay Advantage

Eliminate monthly mortgage insurance increase purchasing power! Offers one of the lowest monthly payment available with a low down payment.

  • Up to 97% LTV with no monthly M.I.
  • 100% gif for down payments eligible
  • Underwrite to AUS findings
  • M.I. certificate issued in house with no M.I. overlays



 


ARMs

ARM pricing can provide a lower payment. 5/1, 5/5, 7/1, 10/1 low interest rate ARM.

  • Reduced caps to 2/2/5 on all 5/1 and 5/5 ARM products
  • 7/1 ARMs qualify at the actual note rate



 


HomeReady

Fannie Mae’s conventional option for borrowers looking to purchase with a low down payment or refinance with limited equity.

  • Purchases up to 97% including first time home buyer.
  • Refinances service by FNMA eligible up to 97% LTV
  • Reduced Mortgage Insurance
  • High Balance available
  • Relaxed AMI income limits based on census tracts
  • Gift funds eligible for entire down payment



 


Home Possible Advantage

A great alternative to FHA financing for borrowers looking to purchase with a low down payment or refinance with limited equity.

  • Up to 97% LTV
  • First time homebuyers, move-upborrowers, and retirees
  • No income limits for Underserved Areas
  • Refinances up to 97% LTV, regardless of current mortgage program
  • No reserve requirements for 1-unit properties



 


Home Possible

Freddie Mac’s conventional option for borrowers looking to purchase with a low down payment or refinance with limited equity.

  • Up to 95% LTV
  • First time homebuyers, move-upborrowers, and retirees
  • No income limits for Underserved Areas
  • Gift funds eligible for entire down payment
  • No reserve requirements for 1-unit properties



 


Elite High Balance

  • 740+ FICO
  • Up to 80% LTV
  • Loan amounts from $424,101 up to County Loan Limits
  • Appraisal Waivers honored
  • Underwrite to AUS findings
  • Includes Conventional, High Balance and Arms



 


Elite High Balance ARMs

ARM loan to accommodate non-conforming loan amounts for top-tier borrowers. 5/1 and 7/1 ARM option.

  • 740+ FICO
  • Up to 90% LTV
  • Loan amounts from $424,101 up to County Loan Limits
  • Appraisal Waivers honored
  • Underwrite to AUS findings



 


High Balance

Competitive rates and fast closing.

  • 640+ FICO
  • Loan amounts from $424,101 up to County Loan Limits.



 


High Balance ARMs

ARM loan to accommodate non-conforming loan amounts for top-tier borrowers. 5/1 and 7/1 ARM option.

  • 640+ FICO
  • Up to 90% LTV
  • Loan amounts from $424,101+ ¬†Loan Limits
  • Underwrite to AUS findings



 


Flex Term

  • Available on all conventional loan products
  • Terms available from 8-30 years



 


Limited Review Condos

All files receiving limited review response in AUS will only need a minimum evaluation by our condo department.

  • No condo questionnaire required



 


Ultimate Advantage Blue

Allow a one-time, up-front M.I premium to eliminate the monthly M.I. payment, while ensuring the maximum credit to offset the closing fees.

  • Down payment as low as 3%
  • Use seller contributions to eliminate monthly M.I.
  • Accommodate a low rate and payment while providing a premium credit to negate closing costs.
  • Increase purchasing power.