HIGH LTV REFINANCE OPPORTUNITIES 

For borrowers with difficult equity positions

Borrower Benefits

• Lower mortgage payments
• Lower interest rates
• Shorten loan term
• Switch from Adjustable Rate Mortgage to a Fixed Rate Mortgage
• Private Mortgage insurance may be transferred or not required at all*

Features and Terms

• Streamlined documentation
• Appraisals typically not required
• All property types eligible, including investment
• The borrower must have made 12 payments on the loan being refinanced and it must not be a HARP loan
• *If PMI exists on current loan, it must be transferred to a new loan. If no PMI exists, it may not be required.