Prime Closed-End Second guidelines
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What's inside
The full Prime Closed-End Second guidelines, 7 parts and 50 topics, searchable by topic. Sign in to open any of them.
- Matrices2 topicsPrime Stand-Alone Closed End Second (CES), Full and Alt Doc Qualification (1 Unit Only)
- General Guidelines6 topicsRegulatory Compliance, Product and Terms, Loan Purpose, Eligible Borrowers
- Income Requirements2 topicsManual Underwriting, DU Underwriting
- Underwriting Requirements14 topicsFirst Mortgage Requirements, Maximum DTI Ratio, Cash-Out, Title Seasoning
- Income5 topicsFull Doc – DU, Full Doc – Manual, Bank Statements (Personal & Business), VVOE
- Assets3 topicsReserves, Eligible Assets, Asset Documentation
- Appraisal and Property18 topicsAppraisal and FSD Score, Max Financed Properties, Maximum Exposure, Appraisal Transfer
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