Basic Qualifying Standards & Underwriting Guideline Criteria of the 2 Major Loan Types

Conventional & JUMBO Loans:

Interest rates shown above can be used for all owner occupied purchase or refinance transactions. Minimum qualifications are a 640 credit score and above for Conventional loans and 720 credit score and above for JUMBO Loans. No prior Bankruptcy's or Foreclosure's within the last 5 years. A 12 month rental or mortgage history with no late payments required. Verified income and assets known as "Full Doc" loan programs only. Property must be owner occupied. For 2nd Homes and Non-Owner Occupied property's certain restrictions and rate adjustments do apply. Loan to Value (L.T.V.) and Debt to Income (D.T.I.) ratio restrictions and rate adjustments do apply. Interest rates shown above do not reflect the total APR or any fees that may be associated, or in connection with obtaining a Home Loan.


FHA & VA Loans:

Interest rates shown above can be used for all owner occupied purchase or refinance transactions. Minimum qualifications are a 640 credit score and above. No prior Bankruptcy's within the last 3 years and no prior Foreclosure's within the last 5 years. A 12 month rental or mortgage history with no late payments required. Verified income and assets known as "Full Doc" loan programs only. Property must be owner occupied. 2nd Homes or Non-Owner Occupied property's are NOT allowed. Loan to Value (L.T.V.) and Debt to Income (D.T.I.) ratio restrictions and rate adjustments do apply. Interest rates shown above do not reflect the total APR or any fees that may be associated, or in connection with obtaining a Home Loan.
Please contact me for referrals to loan reps.