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: 680 for now due to COVID-19 and forbearance

© 2019 by Mortgage Assurance NMLS# 177208

Licensed in

AL, CO, CT, FL, GA, IL, IN, KY, LA, ME, MD, MI, MN, NC, NH, PA, SC, TN, TX, VA

FHA ID: 3123800009

1200 Ashwood Pkwy, STE 200, Atlanta, Georgia, 30338

  • LinkedIn Social Icon
  • Twitter Social Icon
  • Facebook Social Icon