Effective with the Fannie Mae DU release over the weekend of November 18th, PHH will align with the change allowing LTV’s up to and including 95% for Owner Occupied 2–4-unit Purchases and Rate/Term refinances. New locks will be accepted as of Monday November 20th.
- Loans must score Approve/Eligible through Desktop Underwriter and meet all other Agency and PHH requirements.
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!
