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Citadel drops rates across the board

  • Tuesday, 04 February 2020 10:48
Citadel drops rates across the board Citadel Servicing Corporation has dropped rates by 50 basis points across all product lines and programs, the company has announced. The company has also made extreme changes to its One Month Bank Statement (OMBS) program, which allows borrowers to qualify for loan amounts of up to $7.5…
One Month Bank Statement & VOE Rate Sheet & Matrix: Self-employed Borrowers (two-year history required by (i) CPA Letter or (ii) Articles of Inc.) U.S. residents First Time Home Buyers Qualify (see details below) Purchase Max LTV of 75% Refinance Max LTV of 70% (rate and term or cash out) Borrowers with a…

ODF Plus Broker Licensing Requirements

  • Wednesday, 27 February 2019 10:38
ODF Plus Broker Licensing Requirements - Commercial THIS INFORMATION IS CURRENT AS OF SEPTEMBER 2018 AND IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT INTENDED AS LEGAL ADVICE BY CSC ON ANY MATTER. CSC DOES NOT REPRESENT AND HEREYBY DISCLAIMS ANY AND ALL WARRANTY OR GUARANTEE, WHETHER EXPRESS OR IMPLIED, THAT THIS…

Outside Dodd-Frank® Plus

  • Monday, 22 October 2018 10:31
Outside Dodd-Frank® Plus (ODF+) Rate Sheet & Matrix: 5 to 100-unit properties: Investment Business purpose Loans to business entities and trusts Up to 75% LTV Mixed-use, Retail, Office, Multi-family, Hospitality, Storage Facilities, Strip Malls, Schools or Daycare Centers, Healthcare, Hotels and Motels Max 65% Purch & 60% Refi Interest Only payment available Loan…