PHH is excited to announce we will be adding 3 new products to our Delegated and Non-Delegated Non-Agency offering effective Wednesday 12/18/2024. The expansion allows the continued use of our Gold & Silver Products, while offering additional options and flexibility with the new Bronze Products.
Highlights:
- Fixed and ARM’s
- Full & Alt Document options
- Investor DSCR (Debt Service Coverage Ratio)
- AUS options for loan amounts between $125,000 and $2.5MM
- Bank Statement option for Self Employed applicants
- Ability to use up to 120% of market rent for DSCR refinance transactions
- Added flexibility with Derogatory Housing & Credit Events for certain products
Be sure and reach out to us join one of our upcoming trainings on 12/12 and 12/17 to learn more.
If you have any questions, please contact your Correspondent Specialist, Sales Executive, or contact us via the support line at 1-800-929-4744.
Thank you for your continued business.
Coming soon – PHH Mortgage is changing its name!
