Bulletin W13-077 - Update, LPMI Matrix

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)