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Agency Fixed and ARM Jumbo Matrix 1RETAIL BUSINESS CHANNEL ONLY Transaction Type Units Maximum Loan Amt. Maximum LTV 3Min. FICO Min.# Mos. Verified PITIAMaximum DTI Maximum Cash Out4Primary ResidencePurchase
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Non-agency fixed and arm refers to non-conforming mortgage loans that are not backed by a government agency and have either a fixed interest rate or an adjustable rate.
Lenders and financial institutions are required to file non-agency fixed and arm with the appropriate regulatory authorities.
Non-agency fixed and arm can be filled out electronically or on paper, following the guidelines provided by the regulatory authorities.
The purpose of non-agency fixed and arm is to ensure transparency and accountability in the mortgage lending market.
Information such as loan details, borrower information, interest rates, and terms of the loan must be reported on non-agency fixed and arm.
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