The following table lists the feedback messages and explains why a loan may be ineligible for purchase by Freddie Mac. These messages appear on the Loan Prospector Full Feedback Certificate in the Purchase Restriction section.
Updated: Effective June 23, 2013
Code
Purchase Restriction Feedback Messages
B1
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 95% for a no cash-out refinance mortgage without secondary financing secured by a 1-unit primary residence.
B2
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 95% for a no cash-out refinance Loan Prospector Accept mortgage without secondary financing, secured by a 1-unit primary residence with a nonoccupying borrower.
B3
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for a no cash-out refinance Loan Prospector Caution mortgage without secondary financing, secured by a 1-unit primary residence with a nonoccupying borrower.
B4
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a no cash-out refinance mortgage without secondary financing, secured by a 2- to 4-unit primary residence.
B5
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 85% for a no cash-out refinance mortgage without secondary financing secured by a second home.
B6
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a no cash-out refinance mortgage without secondary financing secured by a 1-unit investment property.
B7
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a no cash-out refinance mortgage without secondary financing secured by a 2- to 4-unit investment property.
B8
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for a no cash-out refinance mortgage with secondary financing secured by a 1-unit primary residence.
B9
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a no cash-out refinance mortgage with secondary financing secured by a 2- to 4-unit primary residence.
BA
A Home Possible Mortgage secured by a 2- to 4-unit property requires a minimum of two months reserves.
BB
A Home Possible Neighborhood Solution Mortgage requires a minimum of one month reserves.
BC
A cash-out refinance mortgage must not have a temporary subsidy buydown plan.
BD
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 95% for a no cash-out refinance Loan Prospector Caution mortgage, with a term of 20 years or less, and secured by a primary residence manufactured home.
BE
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 90% for a no cash-out refinance Loan Prospector Caution mortgage, with a term of 30 years, and secured by a primary residence manufactured home.
BF
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 85% for a no cash-out refinance mortgage, secured by a second home manufactured home.
BG
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 95% for a no cash-out refinance Loan Prospector Accept mortgage secured by a primary residence manufactured home.
BH
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 70% for a purchase transaction Super Conforming mortgage secured by a second home.
BJ
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 70% for a purchase transaction Super Conforming mortgage secured by a 1-unit investment property.
BK
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 80% for a purchase transaction Super Conforming mortgage secured by a 1-unit primary residence.
BL
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 90% for a purchase transaction Super Conforming mortgage secured by a 1-unit primary residence.
BM
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 70% for a purchase transaction Super Conforming mortgage secured by a 2- to 4-unit investment property.
BN
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 80% for a purchase transaction Super Conforming mortgage secured 1-unit investment property.
BO
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 80% for a purchase transaction Super Conforming mortgage secured 1-unit second home.
BP
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 75% for a purchase transaction Super Conforming mortgage secured by a 2- to 4-unit primary Residence.
BQ
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio of 65% for a cash-out refinance Super Conforming mortgage secured by a 1-unit primary residence.
BR
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio of 65% for a cash-out refinance Super Conforming mortgage secured by a second home.
BS
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio of 65% for a cash-out refinance Super Conforming mortgage secured by a 1- to 4-unit investment property.
BT
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio of 65% for a cash-out refinance Super Conforming mortgage secured by a 1- to 4-unit primary residence.
BU
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio of 75% for a cash-out refinance Super Conforming mortgage secured by a 1-unit primary residence.
BV
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 70% for a no cash-out refinance Super Conforming mortgage secured by a second home
BW
The temporary subsidy buydown cannot be lender financed on a no cash-out refinance mortage.
BX
A Home Possible Neighborhood Solution Mortgage with a buydown term greater than 24 months but not greater than 36 months must have a subsequent adjustment percentage of less than or equal to 0.5%.
BY
A mortgage with a buydown term greater than 36 months is not eligible for sale to Freddie Mac.
BZ
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 70% for a no cash-out refinance Super Conforming mortgage secured by a 2- to 4-unit investment property.
C1
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a no cash-out refinance mortgage with secondary financing secured by a second home.
C2
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a no cash-out refinance mortgage with secondary financing secured by a 1-unit investment property.
C3
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a no cash-out refinance mortgage with secondary financing secured by a 2- to 4-unit investment property.
C5
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 95% for a purchase transaction mortgage without secondary financing secured by a 1-unit primary residence.
C6
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 95% for a Loan Prospector Accept purchase transaction mortgage without secondary financing, secured by a 1-unit primary residence with a nonoccupying borrower.
C7
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for a Loan Prospector Caution purchase transaction mortgage without secondary financing, secured by a 1-unit primary residence with a nonoccupying borrower.
C8
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a purchase transaction mortgage without secondary financing secured by a 2- to 4-unit primary residence.
C9
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 85% for a purchase transaction mortgage without secondary financing secured by a second home.
CA
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 80% for a no cash-out refinance Super Conforming mortgage secured by a second home.
CB
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 75% for a no cash-out refinance Super Conforming mortgage secured by a 2- to 4-unit primary residence.
CC
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 75% for a no cash-out refinance Super Conforming mortgage secured by a 1-unit investment property.
CD
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 70% for a no cash-out refinance Super Conforming mortgage secured by a 1-unit investment property.
CE
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 80% for a no cash-out refinance Super Conforming mortgage secured by a 1-unit primary residence.
CF
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 90% for a no cash-out refinance Super Conforming mortgage secured by a 1-unit primary residence.
CG
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 999% for Freddie Mac Relief Refinance Mortgage - Open Access.
CH
The loan was submitted with a Debt-to-income ratio of [Total Debt Expense Ratio Percent], which exceeds the maximum allowable limit.
CJ
The submitted loan is a 40-year fixed rate conventional loan product, which is not eligible for sale.
CL
The submitted loan product is a 3/6-month adjustable-rate (ARM), which is not eligible for sale.
CM
The submitted loan product is a 3/1 adjustable-rate (ARM), which is not eligible for sale.
CN
The submitted loan product is a 1/1 adjustable-rate (ARM), which is not eligible for sale.
CO
The submitted loan product is a 6-month adjustable-rate (ARM), which is not eligible for sale.
CP
The submitted loan product is a 2/6-month adjustable-rate (ARM), which is not eligible for sale.
CQ
The submitted loan product is a 5/6-month adjustable-rate (ARM), which is not eligible for sale.
CR
The submitted loan product is a 2/1 adjustable-rate (ARM), which is not eligible for sale.
CS
The submitted loan product is a 5/5 adjustable-rate (ARM), which is not eligible for sale.
CT
The submitted loan product is a 7/6-month adjustable-rate (ARM), which is not eligible for sale.
CU
The submitted loan product is a 10/6-month adjustable-rate (ARM), which is not eligible for sale.
CV
The submitted loan product is a 3/3 adjustable-rate (ARM), which is not eligible for sale.
CW
The submitted loan product is a 5/6-month adjustable-rate (ARM), which is not eligible for sale.
CX
The submitted loan product is a 2/1 adjustable-rate (ARM), which is not eligible for sale.
CY
The submitted loan product is a 3/6-month adjustable-rate (ARM), which is not eligible for sale.
CZ
The submitted loan product is a 5/1 adjustable-rate (ARM), which is not eligible for sale.
D1
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 85% for a purchase transaction mortgage without secondary financing secured by a 1-unit investment property.
D2
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a purchase transaction mortgage without secondary financing secured by a 2- to 4-unit investment property.
D3
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for a purchase transaction mortgage with secondary financing secured by a 1-unit primary residence.
D4
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a purchase transaction mortgage with secondary financing secured by a 2- to 4-unit primary residence.
D5
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a purchase transaction mortgage with secondary financing secured by a second home.
D6
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a purchase transaction mortgage with secondary financing secured by a 1-unit investment property.
D7
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a purchase transaction mortgage with secondary financing secured by a 2- to 4-unit investment property.
D8
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a cash-out refinance mortgage without secondary financing secured by a 1-unit primary residence.
D9
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a cash-out refinance mortgage without secondary financing secured by a 2- to 4-unit primary residence.
DA
The submitted loan product is a 10/1 adjustable-rate (ARM), which is not eligible for sale.
DB
The submitted loan product is a 7/1 adjustable-rate (ARM), which is not eligible for sale.
DH
A Home Possible mortgage with a limited temporary subsidy buydown must be secured by a 1-unit property.
DK
A Home Possible mortgage with a temporary subsidy buydown must not be secured by a manufactured home.
DO
A manufactured home is not eligible to secure a leasehold mortgage.
DP
A second home mortgage secured by a manufactured home must be a purchase or no cash-out refinance mortgage.
DR
An investment property mortgage secured by a manufactured home is not eligible for sale to Freddie Mac.
DU
The Initial Adjustment Period must not be less than 43 months when the Subsequent Adjustment Period is 60 months.
DV
The Initial Adjustment Period must not be less than 10 months when the Subsequent Adjustment Period is 12 months.
DW
The Initial Adjustment Period must not be greater than 42 months when the Subsequent Adjustment Period is 36 months.
DX
The Initial Adjustment Period must not be greater than 66 months when the Subsequent Adjustment Period is 60 months.
DY
The Initial Adjustment Period must not be greater than 126 months when the Subsequent Adjustment Period is 6 or 12 months.
DZ
The Initial Adjustment Period must not be less than 30 months when the Subsequent Adjustment Period is 36 months.
E1
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a cash-out refinance mortgage without secondary financing secured by a second home.
E2
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a cash-out refinance mortgage without secondary financing secured by a 1-unit investment property.
E3
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a cash-out refinance mortgage without secondary financing secured by a 2- to 4-unit investment property.
E4
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a cash-out refinance mortgage with secondary financing secured by a 1-unit primary residence.
E5
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a cash-out refinance mortgage with secondary financing secured by a 2- to 4-unit primary residence.
E6
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a cash-out refinance mortgage with secondary financing secured by a second home.
E7
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a cash-out refinance mortgage with secondary financing secured by a 1-unit investment property.
E8
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 65% for a cash-out refinance mortgage with secondary financing secured by a 2- to 4-unit investment property.
EA
The Subsequent Adjustment Period must be 6, 12, 36 or 60 months.
EC
The Initial Adjustment Period must not be between 9 and 19 months when the Subsequent Adjustment Period is 6 months.
EE
A mortgage with a temporary subsidy buydown plan must be a purchase transaction or no cash-out refinance mortgage.
EF
The maximum loan term is 30 years for a mortgage secured by a manufactured home.
EG
A manufactured home mortgage must be secured by a primary residence or second home.
EH
The maximum loan term is 20 years for a cash-out refinance mortgage secured by a manufactured home.
EJ
A Home Possible Mortgage must have a buydown term less than or equal to 24 months.
EN
A manufactured home mortgage must not have a temporary subsidy buydown plan.
EO
A Home Possible Mortgage must be a purchase transaction or no cash-out refinance mortgage.
EP
Payoff of existing subordinate financing from proceeds of a Home Possible Mortgage secured by a 2- to 4-unit property is not permitted.
EQ
The total borrower income exceeds the Home Possible income limit based on the location of the mortgaged premises.
ER
The total borrower income exceeds the Home Possible Neighborhood Solution income limit based on the location of the mortgaged premises.
ES
The total borrower income exceeds the Home Possible Neighborhood Solution income limit based on the location of the mortgaged premises.
ET
The total borrower income exceeds the Home Possible income limit based on the location of the mortgaged premises.
EU
The total borrower income exceeds the Home Possible income limit based on the location of the mortgaged premises.
EV
The total borrower income exceeds the Home Possible income limit based on the location of the mortgaged premises.
EW
A Home Possible Mortgage must not be a Freddie Mac Relief Refinance Mortgage - Open Access.
EY
A Home Possible Mortgage is ineligible as super conforming.
F1
A mortgage with a temporary subsidy buydown plan must be a purchase transaction or no cash-out refinance mortgage.
F2
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 95% for a no cash-out refinance Loan Prospector Accept mortgage without secondary financing, secured by a primary residence manufactured home.
F3
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for a no cash-out refinance Loan Prospector Accept mortgage with secondary financing secured by a primary residence manufactured home.
F4
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for a no cash-out refinance Loan Prospector Caution mortgage, with a loan term of 30 years, without secondary financing, secured by a primary residence manufactured home.
F5
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 85% for a no cash-out refinance Loan Prospector Caution mortgage, with a loan term of 30 years, with secondary financing, secured by a primary residence manufactured home.
F6
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 95% for a no cash-out refinance Loan Prospector Caution mortgage, with a loan term of 20 years or less, without secondary financing, secured by a primary residence manufactured home.
F7
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for a no cash-out refinance Loan Prospector Caution mortgage, with a loan term of 20 years or less, without secondary financing, secured by a primary residence manufactured home.
F8
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for a no cash-out refinance Loan Prospector Caution mortgage, with a loan term of 20 years or less, with secondary financing, secured by a primary residence manufactured home.
F9
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 85% for a no cash-out refinance mortgage, with a loan term of 30 years of less, without secondary financing, secured by a manufactured second home.
FD
A super conforming mortgage must not be secured by a manufactured home.
FF
A Home Possible Mortgage must not be a Construction Conversion or Renovation mortgage.
FG
A Relief Refinance Mortgage - Open Access must not also be a Construction Conversion or Renovation mortgage.
FK
A Relief Refinance Mortgage - Open Access must have an original loan amount less than or equal to $1,000,000.
FN
A Relief Refinance Mortgage - Open Access must not have a temporary subsidy buydown plan.
FO
A Relief Refinance Mortgage - Open Access must not be a newly constructed home mortgage.
FS
An extended buydown mortgage secured by a 1- to 2-unit property must be a 15-, 20-, or 30-year fixed-rate mortgage; or a 7/6-month, 10/6-month, 5/1, 7/1, 10/1, or 5/5 adjustable-rate mortgage (ARM).
FT
An extended buydown mortgage secured by a 3- to 4-unit property must be a 15-, 20-, or 30-year fixed-rate mortgage; or a 7/6-month, 10/6-month, 7/1, or 10/1 adjustable-rate mortgage (ARM).
FU
A limited buydown mortgage secured by a 1- to 2-unit property must be a 15-, 20-, or 30-year fixed-rate mortgage; or a 7/6-month, 10/6-month, 5/1, 7/1, 10/1, 3/3, or 5/5 adjustable-rate mortgage (ARM).
FV
A Home Possible Mortgage with a temporary subsidy buydown must be a 15-, 20-, 30-, or 40-year fixed-rate mortgage or a 5/1, 7/1, or 10/1 adjustable-rate mortgage (ARM).
FX
A Home Possible Mortgage 40-year fixed-rate mortgage must not be secured by a manufactured home.
FY
A Home Possible Mortgage 40-year fixed-rate mortgage must be secured by a 1-unit property.
FZ
This loan amount exceeds Freddie Mac limits.
G1
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a no cash-out refinance mortgage, with a loan term of 30 years of less, with secondary financing, secured by a manufactured second home.
G2
The maximum loan term is 30 years for a mortgage secured by a manufactured home.
G3
A manufactured home mortgage must be secured by a primary residence or second home.
G4
The loan was submitted with an LTV ratio [LTV Ratio Percent], which exceeds the maximum LTV ratio of 95% for a purchase transaction Loan Prospector Accept mortgage without secondary financing secured by a primary residence manufactured home.
G5
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for a purchase transaction Loan Prospector Accept mortgage with secondary financing secured by a primary residence manufactured home.
G6
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for a purchase transaction Loan Prospector Caution mortgage, with a loan term of 30 years, without secondary financing, secured by a primary residence manufactured home.
G7
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 85% for a purchase transaction Loan Prospector Caution mortgage, with a loan term of 30 years, with secondary financing, secured by a primary residence manufactured home.
G8
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 95% for a purchase transaction Loan Prospector Caution mortgage, with a loan term of 20 years or less, without secondary financing, secured by a primary residence manufactured home.
G9
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for a purchase Loan Prospector Caution mortgage, with a loan term of 20 years or less, without secondary financing, secured by a primary residence manufactured home with a nonoccupying borrower.
The submitted loan is a 40-year fixed rate conventional loan product, which is ineligible as super conforming.
GD
The submitted loan product is a 6-month adjustable-rate (ARM), which is ineligible as super conforming.
GE
The submitted loan product is a 1/1 adjustable-rate (ARM), which is ineligible as super conforming.
GF
The submitted loan product is a 3/1 adjustable-rate (ARM), which is ineligible as super conforming.
GG
The submitted loan product is a 3/3 adjustable-rate (ARM), which is ineligible as super conforming.
GH
The submitted loan product is a 5/5 adjustable-rate (ARM), which is ineligible as super conforming.
GJ
The submitted loan product is a 7/6-month adjustable-rate (ARM), which is ineligible as super conforming.
GK
The submitted loan product is a 10/6-month adjustable-rate (ARM), which is ineligible as super conforming.
GP
Payoff of existing subordinate financing from proceeds of a Home Possible Neighborhood Solutions Mortgage secured by a 2-unit property is not permitted.
H1
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for a purchase transaction Loan Prospector Caution mortgage, with a loan term of 20 years or less, with secondary financing, secured by a primary residence manufactured home.
H2
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 85% for a purchase transaction Loan Prospector mortgage, with no secondary financing, secured by a manufactured second home.
H3
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a purchase transaction Loan Prospector mortgage, with secondary financing, secured by a manufactured second home.
H4
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 65% for a cash-out refinance Loan Prospector mortgage, without secondary financing, secured by a primary residence manufactured home.
H5
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 60% for a cash-out refinance Loan Prospector mortgage, with secondary financing, secured by a primary residence manufactured home.
H6
The maximum loan term is 20 years for a cash-out refinance mortgage secured by a manufactured home.
H7
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 95% for a Home Possible mortgage.
H9
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for a no cash-out refinance super conforming mortgage without secondary financing secured by a 1-unit primary residence.
J1
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a no cash-out refinance super conforming mortgage without secondary financing secured by a 2- to 4-unit primary residence.
J2
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a no cash-out refinance super conforming mortgage without secondary financing secured by a second home.
J3
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a no cash-out refinance super conforming mortgage without secondary financing secured by a 1-unit investment property.
J4
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a no cash-out refinance super conforming mortgage without secondary financing secured by a 2- to 4-unit investment property.
J5
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 85% for a no cash-out refinance super conforming mortgage with secondary financing secured by a 1-unit primary residence.
J6
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a no cash-out refinance super conforming mortgage with secondary financing secured by a 2- to 4-unit primary residence.
J7
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a no cash-out refinance super conforming mortgage with secondary financing secured by a second home.
J8
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a no cash-out refinance super conforming mortgage with secondary financing secured by a 1-unit investment property.
J9
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 65% for a no cash-out refinance super conforming mortgage with secondary financing secured by a 2- to 4-unit investment property.
K1
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a no cash-out refinance super conforming mortgage without secondary financing secured by a 1-unit primary residence.
K2
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a no cash-out refinance super conforming mortgage without secondary financing secured by a second home.
K3
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a no cash-out refinance super conforming mortgage without secondary financing secured by a 1-unit investment property.
K4
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a no cash-out refinance super conforming mortgage with secondary financing secured by a 1-unit primary residence.
K5
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 65% for a no cash-out refinance super conforming mortgage with secondary financing secured by a second home.
K6
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 65% for a no cash-out refinance super conforming mortgage with secondary financing secured by a 1-unit investment property.
K8
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for a purchase transaction super conforming mortgage without secondary financing secured by a 1-unit primary residence.
K9
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a purchase transaction super conforming mortgage without secondary financing secured by a 2- to 4-unit primary residence.
L1
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a purchase transaction super conforming mortgage without secondary financing secured by a second home.
L2
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a purchase transaction super conforming mortgage without secondary financing secured by a 1-unit investment property.
L3
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a purchase transaction super conforming mortgage without secondary financing secured by a 2- to 4-unit investment property.
L4
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 85% for a purchase transaction super conforming mortgage with secondary financing secured by a 1-unit primary residence.
L5
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a purchase transaction super conforming mortgage with secondary financing secured by a 2- to 4-unit primary residence.
L6
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a purchase transaction super conforming mortgage with secondary financing secured by a second home.
L7
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a purchase transaction super conforming mortgage with secondary financing secured by a 1-unit investment property.
L8
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 65% for a purchase transaction super conforming mortgage with secondary financing secured by a 2- to 4-unit investment property.
L9
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a purchase transaction super conforming mortgage without secondary financing secured by a 1-unit primary residence.
M1
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a purchase transaction super conforming mortgage without secondary financing secured by a second home.
M2
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a purchase transaction super conforming mortgage without secondary financing secured by a 1-unit investment property.
M3
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a purchase transaction super conforming mortgage with secondary financing secured by a 1-unit primary residence.
M4
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 65% for a purchase transaction super conforming mortgage with secondary financing secured by a second home.
M5
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 65% for a purchase transaction super conforming mortgage with secondary financing secured by a 1-unit investment property.
M6
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a cash-out refinance super conforming mortgage without secondary financing secured by a 1-unit primary residence.
M7
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 65% for a cash-out refinance super conforming mortgage without secondary financing secured by a 2- to 4-unit primary residence.
M9
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 65% for a cash-out refinance super conforming mortgage without secondary financing secured by a 1-unit investment property.
N1
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 65% for a cash-out refinance super conforming mortgage without secondary financing secured by a 2- to 4-unit investment property.
N2
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 70% for a cash-out refinance super conforming mortgage with secondary financing secured by a 1-unit primary residence.
N3
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 60% for a cash-out refinance super conforming mortgage with secondary financing secured by a 2- to 4-unit primary residence.
N6
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 60% for a cash-out refinance super conforming mortgage with secondary financing secured by a 2- to 4-unit investment property.
N7
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 65% for a cash-out refinance super conforming mortgage without secondary financing secured by a 1-unit primary residence.
N8
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 65% for a cash-out refinance super conforming mortgage without secondary financing secured by a second home.
N9
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 65% for a cash-out refinance super conforming mortgage without secondary financing secured by a 1-unit investment property.
P1
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 60% for a cash-out refinance super conforming mortgage with secondary financing secured by a 1-unit primary residence.
P2
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 60% for a cash-out refinance super conforming mortgage with secondary financing secured by a second home.
P3
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 60% for a cash-out refinance super conforming mortgage with secondary financing secured by a 1-unit investment property.
P4
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a no cash-out refinance Texas Equity Section 50(a)(6) mortgage.
P5
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 80% for a cash-out refinance Texas Equity Section 50(a)(6) mortgage without secondary financing.
P6
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 75% for a cash-out refinance Texas Equity Section 50(a)(6) mortgage with secondary financing.
P7
The loan was submitted with an LTV ratio of [LTV Ratio Percent],. The minimum LTV ratio is 90% for an Alt 97 mortgage without secondary financing.
P8
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 95% for an Alt 97 mortgage without secondary financing.
P9
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 90% for an Alt 97 mortgage with secondary financing.
Q1
For the loan to qualify for the Alt 97 program, all borrowers must occupy the property.
Q2
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 999% for a fixed-rate Freddie Mac Relief Refinance Mortgage - Open Access.
Q3
The loan was submitted with an LTV ratio of [LTV Ratio Percent], which exceeds the maximum LTV ratio of 105% for an adjustable-rate Freddie Mac Relief Refinance Mortgage - Open Access.
Q5
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 95% for a no cash-out refinance mortgage, secured by a 1-unit primary residence.
Q6
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 80% for a no cash-out refinance mortgage, secured by a 2- to 4-unit primary residence.
Q7
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 85% for a no cash-out refinance mortgage, secured by a second home.
Q8
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 75% for a no cash-out refinance mortgage, secured by a 1-unit investment property.
Q9
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 75% for a no cash-out refinance mortgage, secured by a 2- to 4-unit investment property.
R1
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 95% for a purchase transaction mortgage, secured by a 1-unit primary residence.
R2
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 80% for a purchase transaction mortgage, secured by a 2- to 4-unit primary residence.
R3
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 85% for a purchase transaction mortgage, secured by a second home.
R4
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 85% for a purchase transaction mortgage, secured by a 1-unit investment property.
R5
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 75% for a purchase transaction mortgage, secured by a 2- to 4-unit investment property.
R6
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 80% for a cash-out refinance mortgage, secured by a 1-unit primary residence.
R7
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 75% for a cash-out refinance mortgage, secured by a 2- to 4-unit primary residence.
R8
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 75% for a cash-out refinance mortgage, secured by a second home.
R9
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 75% for a cash-out refinance mortgage, secured by a 1-unit investment property.
S1
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 70% for a cash-out refinance mortgage, secured by a 2- to 4-unit investment property.
S2
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 95% for a no cash-out refinance Loan Prospector Accept mortgage, secured by a primary residence manufactured home.
S3
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 90% for a no cash-out refinance Loan Prospector Caution mortgage, with a loan term of 30 years, secured by a primary residence manufactured home.
S4
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 95% for a no cash-out refinance Loan Prospector Caution mortgage, with a loan term of 20 years or less, secured by a primary residence manufactured home.
S5
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 85% for a no cash-out refinance Loan Prospector mortgage, secured by a manufactured second home.
S6
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 95% for a purchase transaction Loan Prospector Accept mortgage, secured by a primary residence manufactured home.
S7
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 90% for a Loan Prospector Caution purchase transaction mortgage, with a loan term of 30 years, secured by a primary residence manufactured home.
S8
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 95% for a Loan Prospector Caution purchase transaction mortgage, with a loan term of 20 years or less, secured by a primary residence manufactured home.
S9
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 85% for a Loan Prospector purchase transaction mortgage, secured by a manufactured second home.
T1
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 65% for a cash-out refinance Loan Prospector mortgage, secured by a primary residence manufactured home.
T2
A cash-out refinance manufactured home mortgage must be secured by a primary residence.
T3
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 95% for a Home Possible mortgage.
T4
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 90% for a no cash-out refinance super conforming mortgage, secured by a 1-unit primary residence.
T5
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 75% for a no cash-out refinance super conforming mortgage, secured by a 2- to 4-unit primary residence.
T6
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 80% for a no cash-out refinance super conforming mortgage, secured by a second home.
T7
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 75% for a no cash-out refinance super conforming mortgage, secured by a 1-unit investment property.
T8
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 70% for a no cash-out refinance super conforming mortgage, secured by a 2- to 4-unit investment property.
T9
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 80% for a no cash-out refinance super conforming mortgage, secured by a 1-unit primary residence.
U1
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 70% for a no cash-out refinance super conforming mortgage, secured by a second home.
U2
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 70% for a no cash-out refinance super conforming mortgage, secured by a 1-unit investment property.
U4
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 90% for a purchase transaction super conforming mortgage, secured by a 1-unit primary residence.
U5
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 75% for a purchase transaction super conforming mortgage, secured by a 2- to 4-unit primary residence.
U6
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 80% for a purchase transaction super conforming mortgage, secured by a second home.
U7
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 80% for a purchase transaction super conforming mortgage, secured by a 1-unit investment property.
U8
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 70% for a purchase transaction super conforming mortgage, secured by a 2- to 4-unit investment property.
U9
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 80% for a purchase transaction super conforming mortgage, secured by a 1-unit primary residence.
V1
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 70% for a purchase transaction super conforming mortgage, secured by a second home.
V2
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 70% for a purchase transaction super conforming mortgage, secured by a 1-unit investment property.
V4
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 75% for a cash-out refinance super conforming mortgage, secured by a 1-unit primary residence.
V5
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 65% for a cash-out refinance super conforming mortgage, secured by a 2- to 4-unit primary residence.
V6
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 65% for a cash-out refinance super conforming mortgage, secured by a second home.
V7
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 65% for a cash-out refinance super conforming mortgage, secured by a 1- to 4-unit investment property.
V8
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 65% for a cash-out refinance super conforming mortgage, secured by a 1-unit primary residence.
W1
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 65% for a cash-out refinance mortgage super conforming secured by a 1-unit investment property.
W2
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 80% for a Texas Equity Section 50(a)(6) mortgage.
W3
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 95% for an Alt 97 mortgage.
W4
The loan was submitted with a Total LTV ratio of [Combined LTV Ratio Percent], which exceeds the maximum Total LTV ratio of 999% for Freddie Mac Relief Refinance Mortgage - Open Access.
W6
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 85% for a purchase transaction mortgage secured by a second home.
W7
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 80% for a purchase transaction mortgage secured by a 2-to 4-unit primary residence.
W9
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 75% for a purchase transaction mortgage secured by a 2- to 4-unit investment property.
X1
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 75% for a cash-out refinance mortgage secured by a 2- to 4-unit primary residence.
X2
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 80% for a cash-out refinance mortgage secured by a 1-unit primary residence.
X3
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 70% for a cash-out refinance mortgage secured by a 2- to 4-unit investment property.
X4
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 75% for a cash-out refinance mortgage secured by a second home.
X5
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 75% for a cash-out refinance mortgage secured by a 1-unit investment property.
X6
A manufactured home mortgage must be secured by a primary residence or second home.
X7
The maximum loan term is 30 years for a mortgage secured by a manufactured home.
X8
A cash-out refinance manufactured home mortgage must be secured by a primary residence.
X9
The maximum loan term is 20 years for a cash-out refinance mortgage secured by a manufactured home.
Y1
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 85% for a no cash-out refinance mortgage secured by a second home.
Y2
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 80% for a no cash-out refinance mortgage secured by a 2- to 4-unit primary residence.
Y4
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 95% for a no cash-out refinance mortgage secured by a 1-unit primary residence.
Y7
HELOCS are not eligible for this loan program.
Y9
A mortgage with a temporary subsidy buydown must have an annual adjustment percentage of 1.0% or less.
Z1
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 95% for a manually underwritten Loan Prospector mortgage, with a term of 20 years or less, and secured by a primary residence manufactured home.
Z2
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 90% for a manually underwritten Loan Prospector mortgage, with a term of 30 years, and secured by a primary residence manufactured home.
Z4
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 85% for a purchase transaction Loan Prospector Accept mortgage, or manually underwritten Loan Prospector mortgage, secured by a second home manufactured home.
Z5
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 95% for a purchase transaction Loan Prospector Accept mortgage, or manually underwritten Loan Prospector mortgage, secured by a primary residence manufactured home.
Z7
A usable credit score is required for a mortgage secured by a manufactured home.
Z8
The loan was submitted with a Home Equity Combined LTV Ratio Percent of [HTLTV Percent] which exceeds the maximum Home Equity Combined LTV Ratio Percent of 65% for a cash-out refinance Loan Prospector mortgage secured by a primary residence manufactured home.
