Carrington Wholesale Lending

Bulletin W13-077 – Update, LPMI Matrix

July 15, 2013Bulletins

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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