HomeBridge is pleased to announce that HomeBridge will allow up to 97% LTV on the Agency Conforming program as follows:
- One unit primary residence property
- Single family residence, PUD, attached/detached condos
- Purchase and rate/term refinance transactions
- Conforming loan amounts only
- Minimum 680 credit score
- Mortgage insurance coverage of 35% is required for all loan terms (10,15, 20, 25 and 30 years)
- Both borrower paid mortgage insurance (BPMI) and lender paid mortgage insurance (LPMI) options are available
- DU “Approve/Eligible
