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FNMA GUIDELINES FNMA Program Guidelines v

FNMA GUIDELINES Residential Bancorp FNMA Program GUIDELINES - 1 - FNMA GUIDELINES Guideline Table of Contents A. Program MATRICES .. - 5 - Purchase and Limited Cash Out Table / ARM Refinance Table .. - 5 - Cash Out Refinance Table .. - 6 - High Balance Purchase and Limited Cash-Out Refinance Table .. - 7 - High Balance Cash Out Refinance Table .. - 7 - AGE OF DOCUMENTS .. - 8 - ARMS .. - 8 - - 8 - Bank Statements/Verification of Deposit .. - 8 - Business Assets .. - 9 - Gifts .. - 9 - Gift Equity.

- 6 - 1-4 Units - ARM 65% 65% min score 620* Cash Out Refinance Table Occupancy Max Loan Amount Max LTV Min CLTV Min FICO Max Ratios Min Cash

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