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

<center><img src="https://planethomelendingeb.com/wp-content/uploads/2015/05/MBA.png" alt="MBA" /></center>
<center><img src="https://planethomelendingeb.com/wp-content/uploads/2015/05/Equal-Op.png" alt="Equal Op" /></center>
<center><img src="https://planethomelendingeb.com/wp-content/uploads/2015/05/US.png" alt="US" /></center>