Program Number |
Program Description |
Program Type |
Max Loan Amount |
Max LTV/ CLTV |
Min FICO |
Occupancy Types |
Purpose |
Doc Types |
6010 |
Conforming Fixed (LP) |
Conventional/Conforming |
Conforming Loan Limit |
95 LTV
90 LTV w/sub fin:
95 TLTV - 95 HTLTV2 |
620 |
OO/2nd/NOO |
P/R&T/CO |
Full/Alt (run LP) |
6012 |
Conforming Treasury/LIBOR ARM (LP) |
Conventional/Conforming |
Conforming Loan Limit |
95 LTV
90 LTV w/sub fin:
95 TLTV - 95 HTLTV2 |
620 |
OO/2nd/NOO |
P/R&T/CO |
Full/Alt (run LP) |
6016 |
FHA Traditional Fixed and ARM Purchase |
Government |
HUD County Limit |
96.5 |
620 |
OO |
P |
Full |
6050 |
FHA Traditional Fixed and ARM Refinance |
Government |
HUD County Limit |
97.75 |
620 |
OO |
R&T/CO |
Full |
6051 |
FHA Fixed and ARM Refinance (LP) |
Government |
HUD County Limit |
97.75 |
620 |
OO |
R&T/CO |
Full (run LP) |
6052 |
FHA Streamline Fixed and ARM Refinance (no credit qualifying) |
Government |
HUD County Limit |
N/A |
620 |
OO |
R&T |
Streamline |
6059 |
FHA Streamline Fixed and ARM Refinance (credit qualifying) |
Government |
HUD County Limit |
N/A |
620 |
OO |
R&T |
Streamline |
6068 |
FHA Fixed and ARM Purchase (LP) |
Government |
HUD County Limit |
96.5 |
620 |
OO |
P |
Full (run LP) |
6073 |
Conforming 5 and 7 Year Balloon (LP) |
Conventional/ Conforming |
Conforming Loan Limit |
95 LTV
90 LTV w/sub fin:
95 TLTV - 95 HTLTV2 |
620 |
OO/2nd/NOO |
P/R&T/CO |
Full/Alt (run LP) |
6087 |
DU® Interest Only LIBOR ARM |
Conventional/ Conforming |
Conforming Loan Limit |
90% |
660 |
OO/2nd/NOO |
P/R&T/CO |
Full/Alt (run DU) |
6105 |
VA Traditional |
Government |
Conforming Loan Limit |
100% |
620 |
OO |
P |
Full |
6113 |
DU |
Conventional/ Conforming |
Conforming Loan Limit |
95% LTV
|
620 |
OO/2nd/NOO |
P/R&T/CO |
Full |
6115 |
Direct 6115 |
Non-Conforming |
$2,000,000 |
75% |
720 |
OO/2nd/NOO |
P/R&T/CO |
Full |
6120 |
Direct Community |
Conventional/ Conforming |
Conforming Loan Limit |
90% |
620 |
OO |
P/R&T |
Full |
6138 |
LP No MI |
Conventional/Conforming |
Conforming Loan Limit |
90% |
680 |
OO |
P/R&T |
Full/Alt (Run LP) |
6140 |
DU No MI |
Conventional/Conforming |
Conforming Loan Limit |
90% |
680 |
OO |
P/R&T |
Full/Alt (Run DU) |
6147 |
DU Flex |
Conventional/Conforming |
Conforming Loan Limit |
95% |
620 |
OO |
P/R&T |
Full |
6151 |
DU FHA Refinance |
Government |
HUD County
Limit |
97.75% |
620 |
OO |
R&T/CO |
Full/Alt (run DU) |
6152 |
DU FHA Purchase |
Government |
HUD County
Limit |
96.5% |
620 |
OO |
P |
Full/Alt (run DU) |
6154 |
DU ARM |
Conventional/
Conforming |
Conforming
Loan Limit |
95% |
620 |
OO/2nd/NOO |
P/R&T/CO |
Full/Alt (run DU) |
6158 |
Direct Possible |
Conventional/
Conforming |
Conforming
Loan Limit |
90% |
620 |
OO |
P/R&T |
Full (run LP) |
6161 |
DU Fixed Interest Only |
Conventional/
Conforming |
Conforming
Loan Limit |
90% |
660 |
OO/2nd/NOO |
P/R&T/CO |
Full (run DU) |
6167 |
LP A-minus (Fixed) |
Conventional/
Conforming |
Conforming
Loan Limit |
80% |
620 |
OO/2nd/NOO |
P/R&T/CO |
Full (run LP) |
6176 |
VA IRRRL (Interest Rate Reduction Refinance Loan) |
Government |
Conforming
Loan Limit |
100% |
620 |
OO |
R&T |
Full |
6178 |
VA DU Purchase
|
Government |
Conforming Loan Limit |
100% |
620 |
OO |
P |
Full |
6179 |
VA DU Refinance |
Government |
Conforming Loan Limit |
90% |
620 |
OO |
CO |
Full |
6185 |
DU Super Conforming Fixed |
Conventional |
HUD County
Limit |
90% OO
80% 2nd
75% NOO
|
660 |
OO/2nd/NOO |
P/R&T/CO |
Full |
6186 |
DU Super Conforming Arm |
Conventional |
HUD County
Limit |
90% OO
80% 2nd
75% NOO |
660 |
OO/2nd/NOO |
P/R&T/CO |
Full |
6187 |
LP Super Conforming Fixed |
Conventional |
HUD County
Limit |
90% OO
80% 2nd
75% NOO |
660 |
OO/2nd/NOO |
P/R&T/CO |
Full |
6188 |
LP Super Conforming Arm |
Conventional |
HUD County
Limit |
90% OO
80% 2nd
75% NOO |
660 |
OO/2nd/NOO |
P/R&T/CO |
Full |
6189 |
LP High Balance Fixed FHA |
Government |
HUD County
Limit |
96.5%
|
620 |
OO |
P/R&T/CO |
Full |
6190 |
LP High Balance ARM FHA |
Government |
HUD County
Limit |
96.5%
|
620 |
OO |
P/R&T/CO |
Full |
6191 |
DU High Balance Fixed FHA |
Government |
HUD County
Limit |
96.5% |
620 |
OO |
P/R&T/CO |
Full |
6192 |
DU High Balance ARM FHA |
Government |
HUD County
Limit |
96.5% |
620 |
OO |
P/R&T/CO |
Full |
6197 |
VA Jumbo Purchase
|
Government |
VA County
Limit |
100% |
620 |
OO |
P |
Full |
6198 |
VA Jumbo Refinance |
Government |
VA County
Limit |
90% |
660 |
OO |
CO5 |
Full |
6199 |
FHA $100 Down |
Government |
HUD County
Limit |
$100 Down Payment |
620 |
OO |
P |
Full |
6202 |
LP A-minus (ARM) |
Conventional/
Conforming |
Conforming
Loan Limit |
80% |
620 |
OO/2nd |
P/R&T |
Full (run LP) |
6205 |
USDA Rural Housing |
Conventional/
Conforming |
USDA Limits |
100/102% |
620 |
OO |
P |
Full |
| |
Second Homes
80% Max LTV; 620 Min FICO.
No cash out allowed.
Non-Owner Occupied
75% Max LTV; 720 Min FICO.
No cash out allowed.
|
*Loan programs subject to change at any time without prior notice.*
2 TLTV must be met with HTLTV maximum. Max cash disbursed at close limited to TLTV.
5 Any non-streamline VA is considered cash out.
NOTE: Values shown are examples of maximums and minimums allowed. Consult Direct Mortgage Loan Program Guidelines for details regarding any specific loan. |
