Criterias sample 1 |
Product 2 |
Product 3 |
Summary (mandatory) |
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Target Borrowers (Mandatory) |
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Products |
HELOC |
Piggyback with HELOC 2nd |
MAX Loan Amount |
$500,000 |
$500,000 |
Min FICO |
700 up to 85% CLTV 740 up to 90% CLTV |
700 up to 85% CLTV 740 up to 90% CLTV |
Max LTV |
90% CLTV |
90% CLTV |
Cash Out |
$500,000 max |
$500,000 max |
Housing History |
0X30 in past 24 months |
DU/LP |
Bankruptcy |
4 years |
DU/LP |
Income Doc |
Full Doc, W2 income only |
Full Doc, W2 income only |
Business Ownership Requirements |
NA |
DU/LP |
Non- Warrantable Condo |
Yes |
DU/LP |
Calculating Monthly Income |
W2 calculation |
DU/LP |
Marketing Tips: |
cash out, consolidation |
Purchase, Refi, Spilt to avoid Jumbo |
Operational Tips: |
Dori will help from start to finish |
Dori will help from start to finish |