CORE MORTGAGE PRODUCTS

Home Mortgage Network of America strives to offer best home mortgage loan programs at highly competitive interest rates. No Hassles! No Obligations! Our home mortgage loan programs have no additional charges. Our loan advisors guide and secure you in each step and offer the best customized home mortgage loans as per your requirements.

MORTGAGE PRODUCTS <=$417,000 LOAN AMOUNT
Conforming Purchase or Rate and Term Refinance  
Occupancy Status   Units   Max. Loan to Value
           LTV/CLTV		 Minimum Required
           FICO
Owner Occupied 1-2 95%/95% 575
Owner Occupied 3-4 80%/85% 575
Second Home 1 95%/95% 575
Investment 1-2 90%/95% 575
Investment 3-4 75%/80% 575
Conforming Cash-out Refinance-No Limit on
Cash-out Amount   
Owner Occupied
1-2
 
95%
 
575
 
Owner Occupied 3-4 80% 575
Second Home 1 95% 575
Investment 1-2 90% 575
Investment 3-4 75% 575


JUMBO CORE MORTGAGE PRODUCTS  
Owner Occupied Occupancy Status Units Max. Loan to Value
        LTV/CLTV		 Minimum Required
             FICO

Maximum Loan
 Amount

  
Owner Occupied 1-2 95%/NA 660 $750,000
Owner Occupied    1-2 80%/95% 680 $1,000,000
Owner Occupied 1-4 75%/90% 680 $1,500,000
Owner Occupied 1-2 70%/90% 680 $2,000,000
Second Home 1 80%/95% 680 $750,000
Second Home 1 80%/90% 680 $1,000,000
Cash-out Refinance-No Limit on Cash-out Amount
Second Home 1 80%/90% 680 $750,000
Second Home 1 80%/NA 700 $1,000,000


CONFORMING NO INCOME VERIFICATION MORTGAGES
PURCHASE AND RATE AND TERM REFINANCE.                    

Occupancy Status

Units

Max. Loan to Value
LTV/CLTV

Minimum Required
FICO
Owner Occupied

1

90%/90%

660
Owner Occupied

2

90%/90%

680
Owner Occupied

2-4

75%/75%

660
Second Home

1

90%/90%

680
Investment

1

90%/90%

700
Investment

3-4

75%/75%

700

JUMBO NO INCOME VERIFICATION MORTGAGES
PURCHASE AND RATE AND TERM REFINANCE
Occupancy Status


Units

Max. Loan to Value
LTV/CLTV

Minimum Required
FICO

Maximum Loan
Amount
Owner Occupied

1-2

90%/90%

680

$500,000
Owner Occupied

1-2

80%/90%

720

$650,000
Owner Occupied

1

80%/N/A

700

$650,000
Second Home

1

65%/80%

700

$800,000
Investment

1

70%/N/A

680

$650,000


All of these programs may not be available in all areas. Loan-to-values above 80% require either
private mortgage insurance or our fixed rate second mortgage. In addition to the required credit score, debt-to-income ratios and asset amounts must meet underwriting guidelines.