Terminology
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No income verification to 2 million
 

discontinued

primary residence and 2nd home
purchase, rate/term and cash-out refinance

property type max LTV max CLTV max loan amount max cash out
1 unit and pud
95% n/a $400,000 n/a
1 unit, condo, pud 90% 90% $500,000 n/a
1 to 2 unit, Pud
condo, manufactured
(doublewide)
80% 80% $500,000 $200,000
3 - 4 units, pud, 

condo

75% 80% $650,000 $250,000
70% 80% $1,500,000 $300,000
80% $2,000,000 $300,000
65%

investment property 
purchase, rate/term and cash out refinance

property type max LTV max CLTV max loan amount max cash-out
1 to 2 unit, pud 
condo
80% 80% $500,000 n/a
75% 80% $650,000 $100,000
65% 80% $1,000,000 $200,000
60% 75% $2,000,000 $200,000
3 - 4 unit, pud
condo
70% 80% $650,000 n/a
65% 80% $1,000,000 n/a
75% $2,000,000 n/a
60%

 

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reference # 2101403157

 

all loan products are subject to change at any time
other restrictions may apply