PHH is excited to announce we have launched 3 new Bronze 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
If you have any questions or would like to learn more, 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!
