Week Beginning 5/27/2008
Price adjustments
For all conventional programs
If the loan is in an adverse market then a 0.375 adjustment applies in the following scenarios:
- > 90% LTV for Primary, Purchases and Rate and Term refinance
- > 80% LTV for Investment Properties, Cash Out Refinances
- > 80% LTV or > 90% CLTV for Conventional Interest Only (6087, 6090, 6092, 6161)
- > 80% LTV for Interest Only on the 6185, 6186, 6187, 6188.