Underwriting requirements

For your reading pleasure. View complete requirements here

Table of Contents

• Non-Conforming Loan Overview
• Product Descriptions
• Non-Conforming LTV Matrices

1. Borrower Types
2. Evaluating Borrower Income And Employment
3. Self-Employed Borrowers
4. Assets
5. Subordinate Financing
6. Credit
7. Credit Evaluation
8. Capacity Evaluation
9. Documentation Requirements
10. Property Appraisal
11. Acceptable Property Types
12. Other Property Types
13. Escrow Holdbacks
14. Major Disasters
15. Purchase Transaction
16. Rate/Term Refinance Requirements
17. Cash-Out Refinances
18. Texas Properties
19. Construction-To-Permanent Financing
20. Other Transaction Types
21. Closing Costs/Contributions
22. Title
23. Relocation Guidelines
24. Loan File Submission And Delivery
25. Loan File Pricing, Registration And Ratelocks
    • Military Pay Excluded From Gross Income
    • AmMAC Domestic Partner/Civil Union Checklist