Emily B.
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Recent activity by Emily B.-
Acreage
There is no maximum acreage except in Texas, which has a maximum of 10 acres.
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Eligible and Ineligible Properties
Eligible PropertiesSingle Family Residence2-4 Units (Min 640 FICO)PUD / Townhome / Condo (Warrantable and Non-Warrantable)Modular Homes (Factory-Built)Ineligible Properties Agricultural Zoned Prope...
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Escrow Holdback
Escrow holdbacks are not allowed.
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Debt-to-Income (DTI)
The maximum DTI ratio is 50%. FICOs 600-679 are restricted to 45% DTI. Calculation (Liabilities + Interest-Only Payment*) ÷ Total Verified Income*Based on Maximum Draw
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Minimum Initial Draw
The minimum initial draw is 75% of the line amount.
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eNotary Closings - No Camera Available
In order to complete your eNotary session for the closing, you will need to have a camera for visual verification of your identity.If your laptop or desktop computer does not have a camera, you can...
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Notary Closing - In-Person vs. eNotary
In compliance with federal and state requirements, you will either have a mobile notary session or an eNotary session. In-Person Notary – If your state or county does not allow for an eNotary sessi...