The Conv Product Matrix program provides a comprehensive set of guidelines and matrices for conventional mortgage loans, focusing on product eligibility, underwriting criteria, and loan terms. It includes specific details on LTV/CLTV ratios, borrower eligibility, and property requirements, with a focus on Fannie Mae and Freddie Mac products.
The COIN Business Purpose Investor Cash Flow program is designed for investment property transactions using the Debt Service Coverage Ratio (DSCR) to qualify. It requires a minimum DSCR of 0.75 and offers various loan options including fixed and ARM products.
The COIN FUEL program is a variant of the COIN program with stricter requirements, including a minimum DSCR of 1.0 and a maximum loan amount of $1,500,000. It does not allow short-term rental income for qualification and has specific restrictions on loan products.
The Titan Prime Jumbo program offers a range of fixed and ARM products for primary residences, second homes, and investment properties. It includes specific eligibility criteria, underwriting guidelines, and loan amount limits, with a focus on high-value properties.
The Jumbo AUS Solar program is designed for borrowers who own or will own solar panels, allowing the value of the panels to be included in the property appraisal. It includes specific clean energy requirements and allows debt-consolidation cash-out refinance transactions to pay off existing liens related to solar improvements.
The COIN X Business Purpose Investor Cash Flow program is tailored for investment properties, utilizing DSCR for qualification. It offers a range of loan products, including fixed and ARM options, with specific eligibility and underwriting criteria.
The Jumbo AUS program offers a range of fixed and ARM products for primary residences, second homes, and investment properties. It includes specific eligibility criteria, underwriting guidelines, and loan amount limits, with a focus on high-value properties.
The COIN X Foreign National program is designed for non-resident aliens who are not authorized to live or work in the U.S. It focuses on investment properties using DSCR for qualification, offering various loan products with specific eligibility and underwriting criteria.
The Titan Flex program offers a variety of mortgage options including Full Doc, Bank Statements, and Asset Utilization for primary residences, second homes, and investment properties. It includes flexible terms such as 30 and 40-year fixed, interest-only options, and various ARM products, with specific eligibility and underwriting criteria.
The Jumbo AUS Plus program offers a comprehensive set of guidelines for residential mortgage loans, focusing on high-value properties with specific eligibility criteria. It includes detailed underwriting criteria, product eligibility, and borrower requirements, with a focus on primary residences and second homes.
The VA Standard Balance program offers fixed-rate mortgage options with terms ranging from 10 to 30 years. It is designed for veterans with a minimum loan amount of $55,000 and a maximum of $2,500,000, providing 100% LTV/CLTV for purchases and cash-out refinances.
The USDA Standard Balance program offers 30-year fixed-rate mortgage options with 100% LTV/CLTV for purchases and rate/term refinances. It is designed for primary residences in eligible rural areas, with specific eligibility criteria and underwriting guidelines.
The Fannie Mae RefiNow program offers a streamlined refinance option for primary residences with a minimum credit score of 620. It requires a reduction in interest rate by at least 50 basis points and a reduction in monthly payments, with specific eligibility criteria including income limits and property requirements.
The Freddie Mac Home Possible program is designed for low-to-moderate income borrowers, offering options for purchase and no cash-out refinances. It allows for a maximum LTV of 97% for 1-unit properties and includes specific borrower income limits and eligibility criteria, with a focus on primary residences.
The FHA program provides a comprehensive set of guidelines and matrices for residential mortgage loans, focusing on various aspects such as underwriting criteria, product eligibility, credit requirements, and property guidelines. It includes specific details on loan terms, borrower eligibility, and refinancing options, with a focus on primary residences and specific property types.
The Fannie Mae HomeReady program is a low down payment option designed for low-to-moderate income borrowers, offering income flexibility and lower MI premiums for LTVs up to 97%. It includes options for down-payment assistance, allows non-occupant borrowers, and requires homeownership education for at least one borrower.