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Bulletin W13-077 - Update, LPMI Matrix

July 15, 2013

Topic included in Bulletin W13-077:

  • LPMI Matrix has been updated on Conforming loan amounts
  • Updates include:
    • On Primary Residence Purchase and Rate/Term Refinance transactions the LTV requirements have been increased from 95% to 97%
    • The FICO requirement has been decreased from 700 to 680 at 97% LTV
    • On Primary Residences and Rate/Term Refinances, 660 FICO requirements are available up to 90% LTV
  • No changes to the LPMI High Balance products
  • Changes are effective immediately
  • The website has been updated
  • Bulletin updates Bulletin W13-064

Download: Bulletin - W13-077 (PDF)

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Equal Housing Opportunity An Equal Housing Opportunity Lender. Copyright 2007 - 2024 . Carrington Mortgage Services, LLC headquartered at 1600 South Douglass Road, Suites 110 & 200-A, Anaheim, CA 92806. NMLS ID # 2600. Toll Free # 800-561-4567. All rights reserved. Restrictions may apply. All loans are subject to credit, underwriting and property approval guidelines.  Nationwide Mortgage Licensing System (NMLS) Consumer Access Web Site: www.nmlsconsumeraccess.com.

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Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00

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