Loans are evaluated on a case by case basis subject to a full review of the Borrower's qualifications (ie: income, assets, credit and loan to value)
The Normandy Advantage
- 1 - 4 Units
- Owner Occupied Primary Residence
- Loan Amounts: $100,000 - $417,000 (Up to $600,000 in other conforming areas)
- Maximum Loan to Value Purchase: 80% / Refinance 75%
- Compensating factors taken into consideration
- Recent bankruptcy or late mortgage payments are not automatic declines
- No refinances allowed for existing Sub Prime, High Cost or Special Loans
- Typical amortization is 30 years with a term of 7 - 10 years
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