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Refinance a Home
Great rates and great service!
Talk to one of our licensed professionals to assist
you with the right loan. Below is a matrix to help you understand
available LTV's and maximum loan amounts:
|
Primary Residence |
| 1
Unit |
$417,000 |
95% |
95% |
80% |
| 2
Units |
$533,850 |
95% |
95% |
80% |
| 3
Units |
$645,300 |
80% |
80% |
75% |
| 4
Units |
$801,950 |
80% |
80% |
75% |
|
Second Home |
| 1
Unit |
$417,000 |
95% |
95% |
80% |
|
Non-Owner |
| 1
Unit |
$417,000 |
80% |
80% |
80% |
| 2
Units |
$533,850 |
80% |
80% |
80% |
| 3
Units |
$645,300 |
75% |
75% |
70% |
| 4
Units |
$801,950 |
75% |
75% |
70% |
|
Minimum FICO Requirement
Purchase and Rate and Term Refinance
1 Unit: Minimum FICO of 620 when the LTV
is greater than 80%.
2 Units: Minimum FICO of 680 when the
LTV is greater than 80%.
Cash Out Refinance
Minimum FICO of 680 when the LTV is
greater than 80%. |
Maximum Debt to Income Ratio:
55%, when the LTV exceeds 80%. |
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Maximum Cashout:
The maximum cash in hand permitted is
$100,000 for LTVs exceeding 80%. |
Reserve Requirements:
Primary Residence and Second Home
Transactions: 2 months PITI when the LTV
exceeds 80% and the FICO is less than
720. |
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Get a Refinance Quote |
Today's Rates |
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Let us help you find the right loan.
Call toll free
1-888-438-2777 |
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