FHA Guidelines
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Max Loan Amount: $647,200 to Max County Limits
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Bankruptcy and Foreclosure/Short Sale dates go back 2 or 3 years (respectively) from the date of FHA Case number assignment
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MAX DTI: 50% with Approval
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Down Payment: 3.5%
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Max LTV: Purchase 96.50%, Rate/Term Refi. 97.75, Cash Out 85% Streamline 125%
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CLTV: Same as LTV
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Reserve Requirements: Per DU Findings
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Credit Score: 640 for now due to COVID-19 and forbearance & 680 Streamline
