Fha streamline ufmip 2020


    • [PDF File]FHA Refinance 4.3.20 - Stockton Mortgage

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      financed UFMIP), minus any refund of UFMIP. Existing subordinate financing, in place at the time of case number assignment, must be resubordinated to the Streamline Refinance. New Subordinate financing is permitted only where the proceeds of the subordinate financing are used to: • Reduce the principal amount of the FHA insured Mortgage; or


    • [PDF File]Streamline Refinance without Appraisal – Maximum Mortgage ...

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      LESSER OF UNEARNED UFMIP (MIP Refund, if applicable, from 4A Refinance Authorization Form/FHA Connection) OR THE NEW ESTIMATED UPFRONT PREMIUM 3-B = $ Maximum Mortgage BEFORE UFMIP New Base Loan Amount ... Purchase & Non-Streamline Refi: 1.75% 1.75% 1.00% 1.00% Streamline Refinance endorsed ON OR BEFORE May 31, 2009 0.01% . 1.75%.


    • [PDF File]Section C. Maximum Mortgage Amounts on Streamline ...

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      policy on subordinate financing on streamline refinances. Change Date March 24, 2011 4155.1 3.C.2.a Streamline Refinancing Mortgage Limits Generally, the streamline refinance mortgage amount may never exceed the statutory limits, except by the amount of any new upfront mortgage insurance premium (UFMIP). However, the maximum mortgage may exceed the


    • [PDF File]APPENDIX 1.0 – MORTGAGE INSURANCE PREMIUMS Upfront ...

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      Streamline Refinance, Simple Refinance: For refinance of previous mortgage endorsed on or before May 31, 2009 UFMIP: 1 (bps) (.01%) All mortgages All Mortgage Terms Base Loan Amount LTV Annual MIP (bps) Duration All ≤ 90.00% 55 11 years > 90.00% 55 Mortgage term For mortgages where FHA does not require an appraisal, the value from the ...


    • [PDF File]FHA Streamline Refinance Without Appraisal

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      b.New Estimated UFMIP $ - $ 2. $ MAXIMUM BASE MORTGAGE $ Based on the lesser of 2 calculations Plus UFMIP $ (Maximum Base x 1 50%* or 225%) *Depending on case # assignment date TOTAL NEW MORTGAGE AMOUNT: $ Streamline Refinance WITHOUT an Appraisal • New UFMIP will be 1.500% for case numbers assigned on or after October 1, 2008


    • [PDF File]4/22/2020 Special FHA Fixed

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      adding financed UFMIP 2. For Streamlines refinancing an exisiting FHA loan endorsed on or before 05/31/2009, the upfront MIP is 0.01% Special FHA Fixed Program Codes: SFHA-30, -15 & SFHA HB 30, -15 & SFHA ST 30, -15, -HB ST 30, HB ST 15 Maximum LTV/CLTV & FICO 660 Standard & Streamline 90.00% N/A Maximum Loan Limits 0.01% 1.75% 1.75% 1.75%


    • [PDF File]Signed 1003, LE, and Initial Disclosures FHA Case # with ...

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      Complete FHA Streamline - Non Credit Qualifying Refinance - Mid America Mortgage, Inc. 2020 Signed 1003, LE, and Initial Disclosures FHA Case # Assignment: Order as a streamline without an appraisal. FHA Case # with No Warnings FHA Refinance Authorization: To calculate UFMIP Refund (This information can come from the new Case #


    • [PDF File]FHA FIXED RATE & ARM PROGRAM

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      FHA PROGRAM 1 | 8 Page 1/17/2020 FHA FIXED RATE & ARM PROGRAM PURCHASE Doc Type Occupancy Units FICO LTV/CLTV Full Primary Residence 1‐4 680 1,2 96.5/105 1,2 RATE TERM REFINANCE Doc Type Occupancy Units FICO LTV/CLTV/HCLTV Full/Simple Primary Residence 1‐4 680 1 97.75/97.75


    • [PDF File]FHA Maximum Mortgage Calculation Worksheet Non-Credit ...

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      FHA Maximum Mortgage Calculation Worksheet Non-Credit Qualifying Streamline Refinances FHA Streamline Refinances without Appraisal Checklist Page 2 of 2 Impac Mortgage Corp. Internal Use Only. Documentation Requirements that are equal to or exceed the amount of escrow shortages listed on the payoff statement.


    • [PDF File]FHA Streamline Matrix

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      FHA STREAMLINE Page 8 of 12 Credit, continued Deleting borrower A Borrower is eligible for a Streamline Refinance without credit qualification if all Borrowers on the existing Mortgage remain as Borrowers on the new Mortgage. Mortgages that have been assumed are eligible provided the previous Borrower was released from liability. Exception


    • [PDF File]FHA Fixed Matrix - Franklin American

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      Refer to the FHA Handbook for standard loan limits in high-cost areas exceeding $625,500. Streamline Refinance and Simple Refinance (Effective for the refinance of a previous mortgage endorsed on or before May 31, 2009) All Mortgage Terms . Base Loan Amount LTV UFMIP Annual Duration All . ≤ 90.00%. 0.01%: 0.55%. 11 years > 90.00%. 0.01%: 0.55%


    • [PDF File]1 1 As Harbor FHA VOE Only Program Matrix Transaction

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      Simple Refi and Streamline Refinance: For FHA loans endorsed on or before 5/31/09, the UFMIP will be .01% and Annual MIP will be .55%. For all other streamlines, please use grid above. High Balance $551,500 $685,400 High Cost Areas $822,375 $1,053,000 $1,272,750 $1,581,750 $456,275


    • [PDF File]MAXIMUM LTV/CLTV DELEGATED ONLY

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      LHFS FHA STREAMLINE – 7/26/2021 PAGE 1 Equal Housing Opportunity Lender. ... new UFMIP less any allowable refund, or the original principal balance of the existing ... 2020. Land Home Financial Services (LHFSW) is committed to providing our lending partners with the highest level


    • [PDF File]FHA MIP CHART s.com

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      NON-STREAMLINE TRANSACTIONS . FHA MIP CHART . Loan Term < 15 Years Loan Term > 15 Years > 90.00% LTV ≤ 90.00% LTV* > 95.00% LTV 90.01-95.00 < 90%* Case Number Assignment Date UFMIP ANNUAL UFMIP ANNUAL UFMIP ANNUAL UFMIP ANNUAL UFMIP ANNUAL


    • [PDF File]FHA Standard Refinance (No Cash-Out Refinance / Rate and Term)

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      UFMIP 97.75% Note: FHA Simple Refinance has MI premiums similar to FHA Streamline – see FHA Mortgage Insurance Premium Matrix Maximum Loan Amount Continental US Conforming High Balance Units Lowest Maximum (floor) Highest Maximum (ceiling) Lowest Maximum (floor) Highest Maximum (ceiling) 1 $331,760 $510,400 $510,401 $765,600


    • [PDF File]FHA MATRIX - The Lender WM

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      FHA MATRIX 1 FHA 203 (b) TheLender FHA Standard: Transaction FICO Number of Units Maximum LTV Maximum CLTV Primary Residence – Owner Occupied Purchase 580 1-4 96.50 96.501 No Cash Out / Simple Refinance 580 1-4 97.753 97.753 Cash Out 580 1-4 80 80 Streamline w/out appraisal 580 1-4 1252 Unlimited Manual Underwrites 580 1-4 Per 4000.1 Per 4000 ...


    • [PDF File]FHA Product Matrix - WestGen Lending

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      FHA Lender ID: 73350‐0000‐9 Page 1 of 3 As of 10/2/2020 Min MDCS Min MDCS 100.00%1 100.00%1 100.00%1 100.00%1 100.00%1 100.00%1 O/O 125.00%1 N/O/O 125.00%1 LTV UFMIP Annual LTV UFMIP Annual 1 Unit 2 Unit 3 Unit 4 Unit


    • [PDF File]Gateway Correspondent Government Refinance Matrix

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      FHA UFMIP and Annual MIP Factors • Streamline Refinance = • UFMIP • Purchase/Refinance = 1.75% of the base loan amount 1.75% of the base loan amount Note: Streamline Refinance of FHA loans endorsed on or . before 05/31/09 = 0.01%. UFMIP • ANNUAL MIP. Purchase/Refinance & Streamline Refinance . Note: Streamline Refi of FHA loans endorsed ...


    • [PDF File]Upfront Premium Payments and Refunds

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      o Pay upfront MIP for FHA-to-FHA refinance cases (prior mortgage was FHA insured; also referred to as a streamline refinance). See Paying Upfront MIP for an FHA-to-FHA Refinance Case later in this document. Note: Any late and/or interest charges are automatically calculated and added to the upfront MIP payment.


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