Delegated Correspondent Lending

Seller Guide

Program Guidelines - Overlay Documents

Conforming Agency Programs

Program Terms Product Code
FHLMC / LP Conforming Fixed Rate 30, 25, and 20 Year Terms
15 and 10 Year Terms
2000-26
2100-26
FNMA / DU Conforming Fixed Rate 30, 25, and 20 Year Terms
15 and 10 Year Terms
2000-25
2100-25
FNMA DU Refi Plus Agency Retained High Balance 30 Year Term 2099-25
Agency Retained High Balance Program Temporary Loan Limits 30 Year Term
15 Year Term
Hobby Farm 30 Year Term
2091-25
2191-25
2092-25
Freddie Mac Relief Refinance - LP Open Access 30 and 20 Year Terms
15 Year Term
2038-26
2138-26
FHLMC / LP Conforming Fixed Rate 30, 25, and 20 Year Terms
15 and 10 Year Terms
2000-26
2100-26
Freddie Mac Super Conforming (LP High Balance) 30 Year Term
15 Year Term
2085-26
2185-26
Texas Cash-Out Refinances DU Underwriting 30, 25, and 20 Year Terms
15 and 10 Year Terms
2026-25
2126-25
Texas Cash-Out Refinances LP Underwriting 30, 25, and 20 Year Terms
15 and 10 Year Terms
2026-26
2126-26
FNMA DU Refi Plus Agency Retained 30, 25, and 20 Year Terms
15 and 10 Year Terms
2089-25
2185-25
FNMA Home Ready 2080-25
FHMLC Home Possible 2070-26
FHMLC Home Possible Advantage 2075-25

Conforming Intermediate LIBOR ARM

Program Terms Product Code
FNMA ARMs 5/1 ARM
7/1 ARM
10/1 ARM
2400-25
2200-25
2500-25
FHLMC ARMs 5/1 LIBOR ARM
7/1 LIBOR ARM
2400-26
2200-26

FHA Programs

Program Terms Product Code
FHA Fixed Rate and ARM 30 and 25 Year Terms
15 Year Term
5/1 ARM
4000-00
4100-00
4862-00
FHA DAP (Down Pay Assistance) 30 Year Fixed Term
5/1 ARM
4016-00
4841-00
FHA REO 30 Year Fixed Term
15 Year Fixed Term
4027-00
4127-00
FHA High Balance 30 Year Fixed Term
5/1 ARM
30 Year Term with DAP
4090-00
4890-00
4095-00
FHA EEM (Energy Efficient Mtg) 30 Year Fixed Term
15 Year Fixed Term
4048-00
4148-00
FHA High Balance - REO 30 Year Fixed Term 4028-00
FHA Non-Traditional Credit 30 Year Fixed Term 4013-00
FHA Streamline Refinance 30 and 25 Year Fixed Term
15 Year Fixed Term
5/1 ARM
4049-00
4149-00
4445-00
FHA Streamline Refinance - High Balance 30 Year Fixed Term
5/1 ARM
4051-00
4452-00

VA Programs

Program Terms Product Code
VA Fixed Rate/ARM Purchase, and Cashout/Streamline Refinance 30 and 25 Year Term
15 Year Term
4500-00
4600-00
VA ARM 5/1 ARM 4858-00

USDA Guaranteed Rural Housing Program

Program Terms Product Code
USDA Purchase and Rate/Term Refinance 30 Year Fixed Term 4015-030

Coming soon. In the meantime, please refer to the Quick Reference Guide in the Forms / Exhibits section.