South Shore Mortgage Conforming Streamline Refinance
Product Purpose Products Property Type FICO Loan Limit Ratios LTV Mtg Hist LA Doc Type Appraisal Seasoning
Freddie To Freddie Rate and Term
Only
Fix 15, 20, 30
Adjust 5/1,
7/1, 10/1
cannot go from
 Fixed to Adj
1-4 Family
Condo, PUD,
2nd Home,
Investment
No score Req 1 Family $417,000
2 Family $533,850
3 Family $645,300
4 Family $801,950
Manual
Underwrite
45%
105LTV 0 x 30 Cannot
exceed $2500 above
P/O figure
SISA 1 Fam Appr
waiver All else req full Appr
3 Months
from Note Date
Fannie DU Refi Plus 620
Primary
680
2nd home &
Inv
Determined
by DU
0 x 60 No more than $2,000 cash
back to borr
Full Doc Appraisal
Required
None
Must Be FNMA or FHLMC owned Cannot Currently
have MI
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