Announcement: Non-QM Updates

Non-QM Guidelines have changed effective 4/21/20
               
 Owner Occupied Purchase:
• Max LTV 60%
 
Owner Occupied C/O & RT:
• Max LTV 55%
 
Second Homes:
• Max LTV 55%
 
Investment Properties:
• Max LTV 55%
               
LoanStream will honor loans with prior guidelines approved and locked by 3:00pm Tuesday April 21st.

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Copyright 2021 | LoanStream Mortgage is a registered DBA of OCMBC, Inc. NMLS ID #2125. Equal Housing Lender. All rights reserved. Some products may not be available in all states. Programs and rates are subject to change without notice. Turn time estimates are not warranted or guaranteed. Some restrictions may apply. Underwriting terms and conditions apply and not all applicants will qualify. This is not a commitment to lend. For more licensing information, visit the Nationwide Multistate Licensing System's Consumer Access website www.nmlsconsumeraccess.org. For our licensing information and lists please visit: Our Licensing page
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