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High Balance ARMs


​​​​​​Need an ARM loan to accommodate non-conforming loan amounts? Qualify for our high balance 5/1 and 7/1 ARM products! Conventional loans meeting the following requirements are eligible:
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  • $417,001+ loan amount

  • LTV’s as high as 90%

  • 640+ FICO

  • Underwrite to AUS findings

Elite

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This program is comprised of some of the best conventional rates and pricing in the industry, Our Elite program allows you to close quickly.

  • 740+ FICO

  • Up to 80% LTV

  • Loan amounts from $250,000 up to County Loan Limits

  • Property Inspection Waivers honored

  • Underwrite to AUS findings

  • Includes Conventional, High Balance and ARMs

Elite High Balance

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Elite High Balance offers some of the best conventional high balance rates and pricing.  You’ll receive industry-leading turn times, direct access to underwriting, and award-winning technology with every loan.

  • 740+ FICO

  • Up to 80% LTV

  • Loan amounts from $417,001 up to County Loan Limits

  • Property Inspection Waivers honored

  • Underwrite to AUS findings

  • Includes Conventional, High Balance and ARMs

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Elite High Balance ARM

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This is an ARM loan that accommodates non-conforming loan amounts. The Elite High Balance 5/1 and 7/1 ARM products are great options.

  • 740+ FICO

  • Up to 90% LTV

  • Loan Amounts from $417,001 up to County Loan Limits

  • Property Inspection Waivers honored

  • Underwrite to AUS findings

Pay Advantage Preferred

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Pay Advantage Preferred treats you to added incentives. Offering up to 30 BPS discount off M.I. adjustments for 760+ borrowers, eliminate the monthly mortgage insurance while receiving all of the benefits you’ve come to expect alongside our #1 M.I. product, Pay Advantage.

  • 1.45% premium for 90.01 – 95% LTV

  • 0.87% premium for 85.01 – 90% LTV

  • 0.50% premium for 80.01 – 85% LTV

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Split 50 and Split 100

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Split 50 and Split 100 is a hybrid program combining a single-premium M.I. adjustment with the balance of the M.I. premium to be paid at a reduced monthly rate. You benefit from a lower monthly M.I. payment, saving hundreds of dollars every month while getting a great low rate.

  • LTVs up to 95%

  • Split 50 at only 50 basis points

  • Split 100 is a less expensive option for your borrower than FHA loans

  • Underwrite to AUS findings

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Ultimate Advantage Blue


Ultimate Advantage Blue allows a one-time, up-front M.I. premium to eliminate the monthly M.I. payment, while ensuring the maximum credit to offset the closing fees. Strengthen your purchase by getting the best of both worlds.

  • Down payment as low as 3%

  • Use seller contributions to eliminate monthly M.I.

  • Accommodate a low rate and payment while providing a premium credit to negate closing costs

  • Empower yourself to qualify for the home of their dreams

Flex Advantage

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Customize the perfect loan without resetting the mortgage clock! Flex Term provides you with flexible options to select your amortization term.

  • Available on all conventional loan products

  • Terms available from 8–30 years

HomeReady

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Fannie Mae’s conventional option those looking to purchase with a low down payment or refinance with limited equity

  • Purchases up to 97% including FTHB

  • Refinances up to 95% LTV, regardless of current mortgage program

  • Reduced Mortgage Insurance

  • High Balance available

  • Relaxed AMI income limits based on census tracts

  • Gift funds eligible for entire down payment

Home Possible


​​​​​A great alternative to FHA financing for those looking to purchase with a low down payment or refinance with limited equity.
  • Up to 95% LTV

  • First time homebuyers, move-up borrowers, and retirees

  • No income limits for Underserved Areas

  • No reserve requirements for 1-unit properties

  • Gift funds eligible for entire down payment

Home Possible Advantage

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A great alternative to FHA financing for those looking to purchase with a low down payment or refinance with limited equity.

  • Up to 97% LTV

  • First time homebuyers, move-up borrowers, and retirees

  • Refinances up to 97% LTV, regardless of current mortgage program

  • No income limits for Underserved Areas

  • No reserve requirements for 1-unit properties

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High Balance


Time is of the essence. Don’t wait, get  the most competitive rates and close your High Balance loan in record time!

  • Loan amounts from $417,001 – county loan limits

  • Elite pricing available for your top-tier clients

  • 640+ FICO


Limited Review Condos

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We make your condo approvals quick and easy with our limited review process. All files receiving a limited review response in AUS will only need a minimum evaluation by our condo department.

  • Available in all 50 states

  • No condo questionnaire required

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HARP 2.0


We’re closing HARP 2.0 (Home Affordable Refinance Program) in 20 days or less! Do you have a current loan with Fannie Mae that was originated prior to May 31, 2009? HARP 2.0/DU Refi Plus allows you to refinance your current loan even if you owe more than the property is currently valued at.

  • Up to 175% LTV/Unlimited CLTV

  • No DTI restrictions (approve/eligible findings)

  • Property inspection waivers are accepted

  • Condos and high balance loans are eligible up to 125% LTV/CLTV

  • M.I. transfers allowed with our HARP 2.0 with M.I. program

  • .75 max cap adjustment


ARMs

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Our aggressive ARM pricing can provide a lower payment for you! Secure your loan in a competitive 5/1 or 7/1 low interest rate ARM.

  • Provide savings for your clients with lower rate and payment options

  • Quickly and easily price out your loans with Easy Qualifier (EQ) to determine your borrower’s best scenario

  • Reduced caps to 2/2/5 on all 5/1 ARM products

  • 7/1 ARMs qualify at the actual note rate