Not exact matches
Although FHA's lending guidelines were compromised by some FHA lenders in their haste to process high volumes of mortgage loans before the housing bust, FHA lending requirements require
full documentation of income, employment, and other assets used for buying or
refinancing a home, unlike with Alt - A loans of years past.
· Loan amount (conforming or jumbo) ·
Documentation (
full, stated, etc.) · Credit score · Occupancy (primary, vacation, investment) · Loan Purpose (purchase or
refinance) · Debt - to - Income Ratio · Property Type (SFR, condo, multi-unit) · Loan - to - value / Combined loan - to - value
Pursuant to the OTR Tax Notice 2014 - 05 «Notice Regarding the Taxation of Instruments Relating to
Refinances and Modifications», filers claiming
full or partial exemption from recordation tax in case of commercial
refinance and / or modification must supply to the Office of the Recorder of Deeds the following
documentation: