Redondo guidelines

What's inside

The full Redondo guidelines, 10 parts and 108 topics, searchable by topic. Sign in to open any of them.

• Matrices2 topicsAlt A Qualifications (1 Unit Only), Near Miss Qualifications
• Overlays and summary27 topicsIncome Qualification, Eligible property types, Acreage, Ineligible Loans
• Program and products7 topicsCompliance, Income Verification, AUS, Loan Terms
• Borrowers8 topicsEligible Borrowers, ITIN Borrowers, Ineligible Borrowers, First Time Home Buyers
• Transactions11 topicsInvestment Transactions, Ineligible Transactions, Prepays, Non-Arm’s Length Transactions
• Credit8 topicsCredit Scores and Tradelines Requirements, Minimum Credit Standards, Determining the Borrower’s Score, Fraud Alert
• Assets and liabilities6 topicsAssets and Source of Funds, Unacceptable Assets, Sales & Financing Concessions or IPC, DTI
• Income9 topicsEmployment, Gaps in Employment, Verification of Employment (WVOE), Tax Returns
• Vesting, property and appraisal14 topicsVesting in Limited Liability Companies, Partnerships, Corporations, and S Corporations (each, an “Entity”), Eligible Property Types, Accessory Units, Multiple dwellings on One Lot
• Closing and other requirements16 topicsHERO/PACE/Solar, Rent Back, 1031 Exchange, Subordinate Financing