Updates
6099 and 6167 –
Max CLTV 95%
6076 –
Max CLTV reduced to 85% except in declining markets CLTV is lowered by 5% to 25% depending on county. Program will be back in production on Monday 2/11.
Examples -
Miami-Dade, FL Max CLTV 60%
Los Angeles, CA Max CLTV 70%
Upcoming Changes on Thursday 2/7
6129, 6160, 6162, 6163 –
Max LTV/CLTV on Investment Property 75%
No Cash out allowed on Second Home or Investment.
New Programs on the horizon
LP and NO MI versions of the 6115 non-conforming loan product
New Jumbo Product