Rates & Guidelines Subpage

Doctor/Professional

Our Doctor/Professional program provides eligibility for newly licensed medical residents or practicing medical physicians/doctors, dentists, oral surgeons and attorneys.

  • Maximum loan amount: $1,000,000
  • Minimum FICO: 700
  • Second Homes and Investment Properties are ineligible

Read our Guideline Summary for full details on our Doctor/Professional program.

Loan Amounts > FHFA Max

Our Loan Amounts > FHFA Max product is designed for your portfolio loans that are greater than the Federal Housing Finance Agency’s (FHFA) maximum.

  • Maximum loan amount: $1,500,000
  • Available for second homes (up to $850,000)

Read our Guideline Summary for full details on our Loan Amounts > FHFA Max program.

Manual Underwriting

Our Manual Underwriting product is designed for your portfolio loans that are not submitted to the Agencies’ automated underwriting systems (AUS): Desktop Underwriter® and Loan Prospector®.

It’s also designed for your loans that have received Approval/Ineligible decision that cannot be accommodated by our Clear2Close® Guidelines.

Read our Guideline Summary for full details on our Manual Underwriting program.

Clear2Close

We believe that getting MI shouldn’t slow you down. When you submit any DU® Approve/Eligible or Loan Product Advisor Accept/Eligible loan using our Clear2Close® program, only a few overlays apply. It’s as simple as that.

Split Premium

Split premium mortgage insurance (MI) options may be good for a borrower who wants to reduce the monthly MI premium in order to qualify for a larger loan amount.

It offers ultimate flexibility because the cost of MI can be divided into a single, upfront premium payment and a lower monthly payment. The upfront portion can be paid several ways, including by a third party (e.g., seller, builder, lender) or financed into a borrower’s mortgage loan with the remainder of the premium folded into the homebuyer’s monthly mortgage.

Borrower-Paid Single

Borrower-paid mortgage insurance (BPMI) single premium options may be a good choice for a borrower who wants to keep the monthly payment low. The BPMI single option allows homebuyers or other parties (e.g., sellers or builder assists) to pay the full premium up front at closing or to finance it into the loan.