Non-Conforming Jumbo is Here!

October 4, 2012Announcements

Product Overview

  • Min FICO 700
    – Max loan amount of $1M
    -Purchases, rate & term refi, and cash out refi
  • Min FICO 720
    – Max loan amount of $2M
    – Purchases and rate & term refi
  • LTV 80%; Max Ratios 45%
  • 0x30 last 12 months; 0x60+ last 24 months
  • Minimum cash – 5% from borrower’s own funds
  • Reserves apply; depends on DTI
  • See the matrix for more details
  • Jumbo Flyer
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