| Product | SmartFunds Asset Qualifier |
| For Borrowers Who: | Qualify using eligible assets |
| Max LTV | 90% Purch/RT 85% Cash Out |
| Max DTI | Not Calculated |
| W2 Current Paystub | No |
| Tax Returns – 4506t | No |
| Derogatory Credit Seasoning | BK, FC, SS, DIL: 4yrs |
| Mortgage History | 1x30x12: P/RT 0x30x12: CO |
| Asset Amortization | Asset Qualification |
| Max Cash Out | $1M |
| Use Cash for Reserves | No |
| Minimum FICO | 680 |
| Financed Properties | Up to 15 |
| Loan Terms | Fixed 30,ARM 5/1, 7/1, 10/1 withoptionalInterestOnly;Fixed40InterestOnly(ExcludingSmartVest) |
| Pre-Pay Penalty | None |
New Rez:
Sarah DcDowell
Direct: 318-502-2255
smcdowell@newrez.com
Scenario Desk:
Susanna Carouthers
Direct: 330-338-7785
suzanna.carouthers@nationslending.com
NewRez Scenario desk:
email smartscenariodesk@newrez.com and MGoldman@NewRez.com (always CC Goldman)
NewRez Condo Review Team:
email projectreview@newrez.com and MGoldman@NewRez.com (always CC Goldman)
