Common Contracts
2 similar Five Conventional Program contracts
Home In Five Conventional ProgramFive Conventional Program • October 4th, 2022
Home in Five Conventional Fixed Rate Purchase Program Occupancy Number of Units Maximum LTV/CLTV FICO DTI Primary Residence 1 Unit 97% /105% 640 Lesser of 50% or AUS Loan Product Eligible Products/Terms • 30 Year Fixed Rate Only 1 See Home in Five program guidelines for eligibility requirements of targeted borrowers.
Home In Five Conventional ProgramFive Conventional Program • February 24th, 2022
Home in Five Conventional Fixed Rate Purchase Program Occupancy Number of Units Maximum LTV/CLTV FICO DTI Primary Residence 1 Unit 97% /105% 640 Lesser of 50% or AUS Loan Product Eligible Products/Terms • 30 Year Fixed Rate Only 1 See Home in Five program guidelines for eligibility requirements of targeted borrowers. **Use https://www.novoco.com/resource-centers/new-markets-tax-credits/data-tools/nmtc-mapping-toolto determine eligibility for Boost (or in the case of Borrowers with income ≤ 50% AMI and the property is not in a low-income census tract, a screenshot from Fannie Mae or Freddie Mac’s income look up tool). A copy of the screenshot verifying eligibility must be placed in the delivery file.
