LOAN TYPE: AGENCY (FNMA, FHLMC)
POSITION: 1ST
RATE TYPE: FIXED
PAYMENT TYPE: AMORTIZING
LOAN LIMITS: $484,351 – $726,525
INDEX: 10-Yr Treasury
TERMS: 10, 15, 20, 25 & 30 Yrs, Custom

ADVANTAGES:
• Qualify without stable recurring income
• Supplement current income levels
DISADVANTAGES:
• Requires temporary recurring distributions