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LTV/FICO Grid Quick LinksMatrix Quick Links Section 1: Program Summary Program Summary Underwriting Texas 50(a)(6) Determination Texas 50(a)(6) Special Considerations Fee Caps Attorney review Ineligible Programs Section 2: Transaction Details Loan Limits Eligible Terms and Programs Eligible Transactions Seasoning Principal Curtailments/Reductions Refinances (General) Payoff Demands Subordinate Financing Section3: Borrower Eligibility Eligible Applicants Occupancy Power of Attorney Living Trust (Inter Vivos Revocable Trust) Non-Arm s Length Transactions Maximum # of Financed Properties Multiple Mortgages to the Same Borrower Ineligible Borrowers Section 4: Collateral Eligible Properties Acreage Restrictions Condos Ineligible Properties Properties Previously Listed for Sale Appraisals Disaster Areas Section 5: Income Income Verification of Employment Section 6: Credit Credit Qualifying Ratios Borrowers Retaining their Current Residence Conversion of Primary Residence Current Principal Residence Pending Sale Section 7: Assets Assets Cash Reserves Ineligible Assets Section 8: Program Details Age of Documentation Electronic Signatures Escrows Excluded Parties- LDP/GSA Searches Flood Insurance Hazard Insurance Interest Credit Hardships Process to Add or Remove Borrowers Rent Loss Insurance Title Insurance Section 9: References References PWL Dia

1.6 Attorney Review Attorney Review All Texas 50(a)(6) loans must be reviewed and certified by an PWL approved TX Attorney prior to loan closing.

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