For borrowers with excellent credit, stable income, employment history and only 10% down-payment. 

 
 

PRODUCT FEATURES

• 30 year Fixed
• No MI required
• QM Product

 
single-residence-01.png

PRIMARY RESIDENCE

• Max LTV/CLTV: 90
• Max Loan Amt: $1.5MM
• Property Type: SFR,
• Condo, Townhouse, PUD 

 

TARGET BORROWER

• Min FICO: 720
• Max DTI: 43% (FTHB - 38%)
• Eligible: U.S. Citizens, First Time Home Buyer, Permanent Resident Aliens, Inter-Vivos Revocable Trusts

 

FINANCIALS

• Reserves: 12 months
• Credit events: None allowed in last 7 years