Refinance’s (Min 530 score)
o 0x30 on Mortgage
o 35/45 MAX DTI
o No cash in hand
o Tangible net benefit
o NO late’s after BK
o NO consumer lates in the last 6 mths
o 3 open and active tradelines for last 12 months
Purchases (Min 530 score)
o 12 month cancelled checks or Management VOR
o Must have 3 open and active tradelines for last 12 months
o Payment shock limited to 1.5 times
o 35/45 DTI max
o No late’s or collection in last 12 months
o NO late’s after BK
o NO Score- requires an exception
