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Conventional Eligible Loan Products Nonconforming Conventional LTV Matrix 950 Primary Residence Purchase and Rate/Term Refinance LTV/CTV matrix below is allowed with the following products: Fixed
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What is conventional eligible loan products?
Conventional eligible loan products refer to loans that meet the guidelines set by government-sponsored entities like Fannie Mae and Freddie Mac.
Who is required to file conventional eligible loan products?
Lenders and financial institutions are required to file conventional eligible loan products.
How to fill out conventional eligible loan products?
Conventional eligible loan products can be filled out by providing detailed information about the loan terms, borrower's financial information, property details, and other relevant data.
What is the purpose of conventional eligible loan products?
The purpose of conventional eligible loan products is to ensure that loans comply with the set standards and can be sold in the secondary mortgage market.
What information must be reported on conventional eligible loan products?
Information such as borrower's credit score, debt-to-income ratio, loan amount, loan type, property value, and other relevant details must be reported on conventional eligible loan products.
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