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– Valuation Type: All properties are required to have a full conforming appraisal.
– Minimum Experience: Must own primary residences or 1 investment property
– Bankruptcy: Not within the last 4 years and no other derogatory payments.
– Loan Structure: 30 years Fixed, 10/6 Interest only, 7/6 Interest only, 5/6 Interest only.
– Loan Purpose: Purchase or Cash Out Refinance.