Balboa Non-Conforming guidelines

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The full Balboa Non-Conforming guidelines, 10 parts and 65 topics, searchable by topic. Sign in to open any of them.

• Matrices1 topicsFull Documentation Qualification
• Program and products8 topicsCompliance, Income Verification, Loan Terms, Qualifying Ratios
• Property and occupancy5 topicsEligible Property Types, Maximum Financed Properties, Primary Residence, Investment Transactions
• Borrowers4 topicsFirst Time Home Buyers, Non-Occupant Co-Borrowers, Eligible Borrowers, Ineligible Borrowers
• Credit6 topicsCredit Scores and Tradelines Requirements, Other Credit and Credit Reporting Requirements, Significant Adverse Credit (BK, SS, DIL, Charge-Off, FC), Forbearance, Deferred Payments, Modifications
• Assets and reserves2 topicsAssets and Source of Funds, Reserves Requirements
• Appraisal and property9 topicsAppraisal Transfer, Project Review Warrantable, Appraisal Requirements, Declining Markets
• Transactions2 topicsPurchase Money, Seasoning Rate/Term and Cash Out
• Income and DTI14 topicsCredit Report Data Included in DTI Ratios, Income Docs, General Requirements for Self-Employed Income, Unscheduled Income
• Closing and other requirements14 topicsNon-Arm’s Length Transaction, Seller Concessions, Home Equity Line of Credit (HELOC), Rent Back