Loan Product Updates - 6135, 6143, 6144

6135 –

  •  Maximum loan amount is $119,999
  • Full/Alt and Stated Doc – All other doc types no longer available
 

6143 (Variation to the 6142) –

  •  Minimum interest only payment 3.5% below note rate:
  •  Full Doc, O/O with a credit score of 700-719
  •  Stated Doc, O/O with a credit score of 720-739 
(Follow 6142 for all other program guidelines.)
 

6144 (Variation to the 6142) –

  •  Minimum interest only payment 4% below note rate
  •  Full Doc, O/O with a credit score greater than or equal to 720
  •  Stated Doc, O/O with a credit score greater than or equal to 740
 (Follow 6142 for all other program guidelines.)

Print | posted on Monday, June 18, 2007 5:55 AM

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