PRODUCT HIGHLIGHTS
Planet Home Lending offers Fannie Mae, Freddie Mac, FHA, Jumbo and Non-QM, VA and USDA programs. We are currently developing new programs to enhance our product offerings.
FANNIE MAE CONFORMING & HIGH BALANCE
- 95% LTV purchase & rate/term
- 97% LTV Conforming Fixed rate/purchase & rate/term
- 80% LTV O/O C/O
- No FICO, DTI overlay
- Non–occupant co-borrower blended ratios
- Fixed rate and ARMs
- Limited review 90% LTV (Condo)
- DU Refi Plus
- Texas 50(a)(6)
- Texas 50(f)
FHA STREAMLINE
- 125% LTV/CLTV – No appraisal
- Second Homes, Investment Properties
PRIME JUMBO
- 80% LTV to $2M w/720 FICO
- 75% LTV to $1M w/700 FICO
- ARMs available
HomeReady
- 105% CLTV with community seconds
- 97% LTV for 1 unit purchase transactions
- High balance loans to 95% LTV
- Non-occupant co-borrower to 95% LTV
FREDDIE MAC CONFORMING & SUPER CONFORMING
- Fixed Rate
- 95% LTV purchase & rate/term
- Limited review 90% LTV (Condo)
- Gift funds up to 95% LTV
- “Streamlined Accept” allowed
- Texas 50(a)(6)
- Texas 50(f)
FHA CONFORMING & HIGH BALANCE
- DTI per AUS
- Temporary buydowns for purchase only
- Manufactured housing
203(h) DISASTER RECOVERY
Used to finance repair or replacement home for homeowners and renters whose homes are destroyed or severely damaged by a natural disaster.
- Rebuild or buy elsewhere (O/O only)
- FICO 500
- 100% Financing
- Fixed rate only
- Single Family, PUDs, FHA-approved condos
Non-QM Product
- Prior credit event within last 4 years
- 90% max LTV
- 580 minimum credit score
- $100K – $2.5M loan amount
Download the latest version of our Product Highlights
