Loano Program Updates

Loano Program Updates - 4/7/2008

Loan Program Updates for the week beginning 4/7/2008

FHA

Second Appraisal Required when:

1. loan amount excluding UFMIP >$417,000 AND

2. LTV >=95% AND

3. property is in a declining market.

Cash Out Refi limited to 85% if loan amount >$417,000 excluding UFMIP – All Markets.

Print | posted on Monday, April 07, 2008 5:14 PM

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