FHA Guidelines

• Max Loan Amount: $484,350 to Max County Limits

• Bankruptcy and Foreclosure/Short Sale dates go back 2 or 3 years (respectively) from the date of FHA Case number assignment

• MAX DTI: 55%. MAX DTI for manual UW 50% with compensating factors as required by FHA

• Down Payment: 3.5%

• Max LTV: Purchase 96.50%, Rate/Term Refi. 97.75, Cash Out 85% Streamline 125%

• CLTV: Same as LTV

• Reserve Requirements: Per DU Findings

• Credit Score: 580 with approval, 620 manual, 640 for streamline