Infinite Possibilities with Unlimited LTV on DU Refi Plus

          Unlimited LTV with DU Refi Plus

          DU REFI PLUS from Nations Direct Mortgage…now with UNLIMITED LTV!

          Achieve infinite results with our DU Refi Plus program. We are one of the few lenders that will allow Unlimited LTV on DU Refi Plus. Broader guidelines give you the flexibility to have a solution for each of your borrowers.

          Should you have any questions regarding this product or any other, please do not hesitate to contact us.

          Nations Direct Mortgage

          http://www.myNDM.com

          (949) 270-7900

          With Property Fieldwork Waiver
          Occupancy

          Min FICO Units Max LTV Max CLTV
          Owner Occ

          620 1-4 Unlimited Unlimited
          2nd Home

          680 1 105% 110%
          Non-Owner Occ

          680 1-4 105% 110%

          Without Property Fieldwork Waiver
          Occupancy

          Min FICO Units Max LTV Max CLTV
          Owner Occ

          620 1-4 105% 110%
          2nd Home

          680 1 105% 110%
          Non-Owner Occ

          680 1-4 105% 110%

          Product Highlights
          • Available Products – 30yr/15yr Fixed, Standard and High Balance Loan Amounts
          • Reserves – Determined by DU
          • Bankruptcy – None allowed in last 4 years (or if DU determines more restrictive requirements)
          • Foreclosure – None allowed in last 7 years (or if DU determines more restrictive requirements)
          • Appraisal – Follow DU findings to determined Appraisal requirements.
          • Benefit – New loan must reduce monthly mortgage P&I payment or provide a more stable loan product
          • Subordinate Financing – Existing sub financing must be subordinated to new 1st lien or paid off with borrowers own funds

          As a Fannie Mae Direct Seller and Ginnie Mae Approved lender, we have greater flexibility than most lenders with guidelines that open the door to more prosperity for you and your borrowers.

          Nations Direct is not just a lender. We’re your partner for prosperity. We’re continually innovating to offer our partners the highest quality service, the most competitive rates and the most efficient processes in the wholesale lending industry.

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