Eligibility Requirements

• Conforming fixed and adjustable rate programs
• Purchases and rate/term refinances
• Owner-occupied single-family one unit attached/detached, planned unit development, site condominiums
• Full appraisal report without repairs/property inspection waivers accepted
• Maximum loan-to-value or combined loan-to-value of 90%
• A credit score of 680 or higher
• Maximum debt-to-income ratio of 41%
• No past-due mortgage or rent payments within the past 12 months
• Credit report must list three (3) open and active trade lines for a minimum of 12 months
• Two (2) year income verification
• Two (2) months reserves principal interest, tax, insurance
• Clear title commitment

The following are ineligible:

• Condiminiums (non-site)
• Subordinate lien requests
• Disputed credit
• Self-employed borrowers