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Product Number
Description
Agency
Max Loan Amount
Max LTV/ CLTV
Min FICO
7
Occupancy Types
Purpose
Get Rates and Run Scenarios
Legend:
OO = Owner Occupied
NOO = Non Owner Occupied or Investment
2nd = Second Home
P = Purchase
R&T = Rate & Term Refinance
CO = Cash Out Refinance
Stated=Stated Income Verified Assets
SISA = Stated Income Stated Asset
NINA = No Income No Asset
NIVA = No Income Verified Asset
Balloon = Balance Due Before End of Amortized Term
No Doc = Income, Assets, & Employment Neither Stated Nor Verified
No Ratio = Income Not Stated, Employment & Assets Verified
FHA = Federal Housing Administration
HUD = Housing & Urban Development, U.S. Department of
DU® = Desktop Underwriter®
LP = Loan Prospector®
FICO score = Fair Isaac Corporation score or Beacon score
VA = Veterans Affairs, United States Department of
USDA = United States Dept. of Agriculture
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