Mortgage Loan Program Updates

Newly Released Products
6160, 6161, 6162 and 6163 are now in production
 
Products Projected For Wednesday. Nov 21, 2007
6158 Home Possible 
6165 Non-Conforming ARM
6166 Non-Conforming Fixed
 
6076 Changes
MAJOR CHANGES  TO THE 6076
  90% Max CLTV  (Nevada 85%)
  Full Doc only
  Retirement funds no longer allowed for reserves
  Will not go behind negative amortizing first mortgages (neither actual or potential)
 

Print | posted on Monday, November 12, 2007 12:09 PM

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