Week Beginning 6/9/2008
Loan Program Updates
*Changes to 6168 and 6169 – Higher FICO® required for Interest Only 700 or 720 depending on loan amount, LTV.
*Reminder — Changes to 6138 & 6140:
- No Condos > 90% LTV
- No Investment Properties
- No Second Homes
- No Loans with secondary financing
*Loans up to 95% LTV in declining markets (certain circumstances) to return by June 30.