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Section 2.01 - Agency Loan Programs

Section August 24, 2018 Agency Loan Programs Page 1 of 594 Correspondent Seller Guide Section - Agency Loan Programs In This Product Description This product description contains the following topics. Overview .. 6 Product Summary .. 6 Related Bulletins .. 7 Loan Terms .. 8 Minimum Loan Amount .. 8 Maximum Loan Amount .. 8 Agency Maximum LTV/TLTV/ HTLTV Ratio Requirements .. 9 Agency Plus Maximum LTV/TLTV/ HTLTV Ratio Requirements .. 12 ARM Disclosures .. 15 ARM Parameters .. 15 Assumability Provisions .. 17 Interest Only Parameters .. 17 Multiple Financed Properties for the Same Borrower .. 17 Ability-to-Repay and Qualified Mortgage.

** Refer to the Correspondent Agency Overlay Matrix for COVID-19 related restrictions. ** ** See Bulletin COR21-013 and COR21-014 regarding ineligibility of Agency non-AUS second home and

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