CONVENTIONAL HIGH BALANCE NATIONWIDE UP TO 90% LTV
Offer conventional high balance loans up to 90% LTV featuring faster turn times, conventional pricing and UWM’S exclusive M.I. Buyout to all of your borrowers nationwide. Details include:
- Purchases and rate and term refinances up to 90% LTV; cash out refinances up to 80% LTV
- Minimum 680 FICO
- Minimum loan amount $1 over county loan limit. Maximum loan amount $765,600 for 1-unit and $980,325 for 2-unit properties.
- Better rates, easier guidelines and faster turn times than Jumbo
- No manual underwrite — just run through DU, receive an Approve/Ineligible response, and submit to UWM
- Eligible for primary, second and investment homes
Conforming in all material respects except for loan amount in certain markets.