High LTV Refinance Option definition

High LTV Refinance Option means Fannie Mae's high loan-to-value refinance program, effective October 1, 2017, designed to provide refinance opportunities to borrowers with existing Fannie Mae mortgages who are current in their mortgage payments but whose loan- to-value ratios exceed the maximum permitted for standard refinance products under the Selling Guide.
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High LTV Refinance Option means Xxxxxx Mae's high loan-to-value refinance program, effective October 1, 2017, designed to provide refinance opportunities to borrowers with existing Xxxxxx Xxx mortgage loans who are current in their mortgage payments but whose loan-to-value ratios exceed the maximum permitted for standard refinance products under the Selling Guide.
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High LTV Refinance Option means Xxxxxx Mae's high loan-to-value refinance program, effective October 1, 2017, designed to provide refinance opportunities to borrowers with existing Xxxxxx Xxx mortgages who are current in their mortgage payments but whose loan- to-value ratios exceed the maximum permitted for standard refinance products under the Selling Guide.
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Examples of High LTV Refinance Option in a sentence

  • Eligibility Exclusions• Fannie Mae High LTV Refinance Option and Freddie Mac Enhanced Relief Refinance MortgageSM• DU Refi PlusTM & Freddie Mac Relief RefinanceSM — Open Access• Lender–negotiated guideline variances, waivers or programs unless approved by Genworth.

  • Exclusions from Simply Underwrite• Fannie Mae High LTV Refinance Option and Freddie Mac Enhanced Relief Refinance MortgageSM• Lender–negotiated guideline variances, waivers or programs unless approved by Genworth.

  • Page 87/83: Conventional Loan Products, 5th bulleted item• High LTV Refinance Option (FNMA) and Enhanced Relief Refinance (FHLMC) offer loans for borrowers who have a consistent mortgage repayment history, but the property has negative equity (mortgage balance exceeds appraised value).

  • Exclusions from Simply Underwrite• Fannie Mae High LTV Refinance Option and Freddie Mac Enhanced Relief Refinance MortgageSM• DU Refi PlusTM and Freddie Mac Relief RefinanceSM — Open Access• Lender–negotiated guideline variances, waivers or programs unless approved by Genworth.


More Definitions of High LTV Refinance Option

High LTV Refinance Option program implemented by Xxxxxx Xxx or the “Enhanced Relief Refinance” program implemented by Xxxxxxx Mac, as applicable.
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Related to High LTV Refinance Option

  • Refinancing Indebtedness means Indebtedness that Refinances any Indebtedness of the Company or any Restricted Subsidiary existing on the Issue Date or Incurred in compliance with this Indenture, including Indebtedness that Refinances Refinancing Indebtedness; provided, however, that: