| Product | SmartSelf & SmartSelf Plus Alt Doc |
| For Borrowers Who: | Qualify with 12 mo. bank statements |
| Max LTV | 90% P/RT, no MI 85% Cash Out |
| Max DTI | 50% |
| W2 Current Paystub | Optional |
| Tax Returns – 4506t | No |
| Derogatory Credit Seasoning | 4yrs (Plus Program: 2-4yrs) |
| Mortgage History | 1x30x12 (Plus Program: 0x30x12) |
| Asset Amortization | Allowed |
| Max Cash Out | $1M |
| Use Cash for Reserves | Yes (Plus Program Only) |
| Minimum FICO | 620 |
| 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)
