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Search results with tag "Arm matrix"
Purchase and Refinance Loan Programs Max LTV/CLTV/HTLTV …
docs.cmgfi.com• 3/1 ARM and 5/1 ARM: Refer to ARM Matrix for Caps. Qualify at the Greater of the Fully Indexed Rate or Note Rate +2% • 7/1 ARM and 10/1 ARM: Refer to ARM Matrix for Caps. ... • Standard Loan amounts only (high balance not permitted) • For purchase transactions at least 1 borrower must be a first-time homebuyer as defined by Freddie Mac.