PREMIER PRODUCT SUITE
There is no such thing as a one-size-fits-all solution. Explore our continually expanding variety of home loan solutions to transform your career. It’s time to break free from limited loan offerings. As the nation’s top nonbank lender, we not only set our loan consultants for success by providing cutting-edge technology but also by continually expanding our inventory of loan products. Our company recognizes that to stay relevant in today’s ever-evolving market and to accommodate borrowers’ unique needs, lenders need to pivot and offer a wider spectrum of products than ever before. As a market disruptor and lending pioneer, loanDepot is prepared to serve a variety of loan products for our borrowers, whether it be conventional, government, jumbo or dozens of state DPA programs. By aligning with us, you’ll gain a commanding lead over competition, qualify more borrowers, and grow your career among the nation’s top talent. Can your current employer provide you with a constantly evolving inventory of loan solutions to power your sales?
Government Programs: FHA Fixed/ARM
VA FIXED/ARM
USDA Streamlined Refinance
FHA Streamline
VA IRRRL
USDA Streamlined Assist
FHA EEM Fixed/ARM
VA Renovation
Conforming and High Balance (DU)
FHA 203K
VA EEM
HomeReady Mortgage (DU)
FHA 203(h)
USDA Purchase
(030719 184495) Page 1 of 8
PREMIER PRODUCT SUITE Retail Government Program Eligibility FHA Fixed/ARM Primary Residence Purchase Transactions Property Type 1-4 Units
Maximum Base Loan Amount
Minimum Credit Score
Maximum LTV / CLTV1
FHA Mortgage Limits2
5203
90.0%
FHA Mortgage Limits
580
96.5%
Refinance Transactions Property Type
Maximum Base Loan Amount
Minimum Credit Score
1-4 Units
FHA Mortgage Limits
580
Maximum LTV / CLTV1 Rate & Term
Cash-Out
97.75%
85%
Footnotes: 1
Maximum LTV/CLTV
2Loan
Limit
3 Credit
Score
Identity of Interest purchase transaction is restricted to 85% with specific exceptions detailed in the Lending Guide Rate & Term refinance transaction restricted to 85% if the borrower has not occupied as a primary residence for the 12 months prior to the case assignment, or if owned less than 12 months has not occupied the property since acquisition Secondary Financing is permitted subject to guidelines. All Bond/DPA programs must be loanDepot approved. Refer to the FHA Handbook 4000.1 for secondary financing guidelines.
Conforming loan plans only; the lesser of FHA mortgage limits or FHFA loan limits
Manufactured homes require minimum credit score of 580
FHA Streamline Refinance Transaction Property Type
Occupancy1
Minimum Credit Score
1-4 Units
Principal Residence
580
1 Unit
Second Home (HUD Approved)
620
1-4 Units
Investment Property
620
Maximum LTV
Maximum CLTV2
N/A
N/A
Footnotes: 1
Second Home must be HUD approved; Second Home and investment property are only eligible for non-credit qualifying streamline with fixed rate
Occupancy
2Subordinate
Financing
Existing subordinate financing must be re-subordinated New subordinate financing permitted only when the proceeds are used to: o Reduce the principal amount of the existing mortgage or o Finance the origination fees, discount points or other associated costs
(030719 184495) Page 2 of 8
PREMIER PRODUCT SUITE FHA EEM Fixed/ARM Primary Residence - Purchase Transactions Units
Maximum Base Loan Amount1
Minimum Credit Score
Maximum LTV/CLTV (%)4,5
FHA Mortgage Limits2
5203
90.00
FHA Mortgage Limits
580
96.50/103.00
1-4 Units
Primary Residence – No Cash-Out Refinance Transactions Units
Maximum Base Loan Amount1
Minimum Credit Score
Maximum LTV/CLTV (%)4,5
1-4 Units
FHA Mortgage Limits
580
97.75
Footnotes: 1 Refer to the EEM Calculation section for the maximum loan amount. 2 Conforming loan plans only; the lesser of FHA mortgage limits or FHFA loan limits. 3 Manufactured homes require a minimum credit score of 580. 4 The maximum LTV/CLTV may be increased or decreased due to specific loan parameters: refer to the FHA Handbook 4000.1 for LTV/CLTV guidelines. 5 Secondary financing is permitted subject to guidelines. All Bond/DPA programs must be loanDepot-approved. Refer to the FHA Handbook 4000.1 for secondary financing guidelines.
FHA 203K Primary Residence - Purchase & Rate/Term Units
Max Base Loan Amount1
Minimum Credit Score
1-4 Units
FHA Mortgage Limits
580
Max LTV/CLTV3 Purchase2 Rate/Term
96.50% 97.75% Footnotes: 1 Refer to the max base loan amount section below for additional requirements on purchase and refinance calculations 2 The maximum LTV/CLTV may be increased or decreased due to specific loan parameters: refer to the FHA Handbook 4000.1 for LTV/CLTV guidelines 3 Secondary financing is permitted subject to guidelines. Refer to the secondary financing guidelines
FHA 203(h) Primary Residence - Purchase Transactions Maximum LTV/CLTV3,4 203(b)(h) 203(k)(h)
Property Type
Maximum Base Loan Amount1
Minimum Credit Score
1 Unit
FHA Mortgage Limits2
520
100%
90.00%
1 Unit
FHA Mortgage Limits
580
100%
96.50%
Primary Residence - No Cash-Out Refinance Transactions Property Type
Maximum Base Loan Amount1
Minimum Credit Score
Maximum LTV/CLTV3,4 203(k)(h)
1 Unit
FHA Mortgage Limits
580
97.75%
Footnotes: 1 For 203(k) (h) loans, refer the 203(k) matrix for maximum loan amount calculations. 2 Conforming loan plans only; the lesser of FHA Mortgage Limit or FHFA loan limits. 3 The maximum LTV/CLTV may be increased or decreased due to specific loan parameters: refer to the FHA Handbook 4000.1 for LTV/CLTV guidelines. 4 Secondary financing permitted subject to guidelines. Refer to the FHA Handbook 4000.1 for secondary financing guidelines.
(030719 184495) Page 3 of 8
PREMIER PRODUCT SUITE VA Fixed/ARM Primary Residence Purchase and Cash-Out Refinance
Standard
≤ Conforming Loan Limits
5204
High Balance
$1 > Conforming Loan Limits - $1,000,000
620
Super Max
$1,000,001 - $2,000,000
660
1-4 Units 1 Unit Footnotes: 1 Maximum Loan Amount
Minimum Credit Score1
Maximum Base Loan Amount1,2
Property Type
Maximum LTV/CLTV2,3
100%
Manufactured homes minimum credit score is 580 and maximum loan amount is the Standard Conforming Loan Limit.
2
VA County Loan Limits and available entitlement affect the amount of down payment or equity required, if any.
3
CLTV may exceed 100% if allowed by a loanDepot approved DPA program.
Maximum LTV Maximum CLTV
Purchase Transaction 520
4
Minimum Credit Score
Cash Out Fixed Rate 580
Cash Out ARM 620
VA IRRRL IRRRL Refinance - Primary Residence Units
Maximum Loan Amount
Minimum Credit Score
LTV/CLTV1
1-4 Units
Standard: < Conforming Loan Limits High Balance: $1 > Conforming Loan Limits $1,000,000 Super Max: $1,000,001 - $2,000,000
620
No Maximum
620
No Maximum
660
115%/125%
1-4 Units 1 Unit
IRRRL Refinance - Second Home2 & Investment Units
Maximum Loan Amount
Minimum Credit Score
LTV/CLTV1
1-4 Units
Standard: < Conforming Loan Limits High Balance: $1 > Conforming Loan Limits $1,000,000 Super Max: $1,000,001 - $2,000,000
620
No Maximum
660
90%/125%
700
90/125%
1-4 Units 1 Unit Footnotes 1 2
Refer to Net Tangible Benefit Test section for maximum LTV and appraisal requirements when discount points are charged Second home 1-unit only
VA Renovation Purchase and Cash-Out Refinance Units 1-4 1 1 Footnotes:
Loan Amount2
Min Credit Score1
Max LTV/CLTV
Standard: < Conforming Loan Limits High Balance: $1 > Conforming Loan Limits - $1,000,000 Super Max: $1,000,001 - 2,000,000
600 620 660
100% 100% 100%
1
640 minimum credit score for cash-out 5/1 ARM Manufactured homes maximum loan amount is Standard Conforming Loan Limit
2
(030719 184495) Page 4 of 8
PREMIER PRODUCT SUITE VA EEM Primary Residence - Purchase and Cash-Out (Regular) Refinance Maximum Loan Amount1,2
Property Type
Standard: < Conforming Loan Limits
1-4 Units
Max LTV / CLTV2,3
Minimum Credit Score1
100%
520
Purchase
580
Cash-Out Fixed
620
Cash-Out ARM
1-4 Units
High Balance: $1 > Conforming Loan Limits $1,000,000
100%
620
1 Unit
Super Max: $1,000,001 - $2,000,000
100%
660
Footnotes: 1 Manufactured homes minimum credit score is 580 and maximum loan amount is Standard Conforming Loan Limit. 2 VA County Loan Limits and available entitlement affect the amount of down payment or equity required, if any 3 CLTV may exceed 100% if allowed by a loanDepot approved DPA program Use the VA Maximum Mortgage Worksheet to calculate the loan amount before the energy efficient costs are added; the total loan amount cannot exceed $2,000,000.
USDA Purchase Primary Residence â&#x20AC;&#x201C; Purchase & Refinance Units 1-Unit Footnotes: 1 All
Minimum Credit Score 6201
Max LTV / CLTV 100% / 100%
borrowers must have a minimum 620 credit score for both GUS and manually underwritten loans
USDA Streamlined Refinance Eligible Number of Units
Maximum LTV/CLTV
Minimum Credit Score
1-Unit
No Maximum LTV/CLTV
620
Eligible Number of Units
Maximum LTV/CLTV
Minimum Credit Score
1-Unit
No Maximum LTV/CLTV
620
USDA Streamlined Assist
(030719 184495) Page 5 of 8
PREMIER PRODUCT SUITE Conforming and High Balance (DU)
Retail
Primary Residence Cash-Out Refinance4
Purchase & Limited Cash-Out Refinance Property Type 1 Unit
Max LTV/CLTV Fixed
ARM
97%1,2,3
95%
2 Units
85%
3-4 Units
75%
Min Credit Score
Property Type
Max LTV/CLTV
1 Unit
80%
2-4 Units
75%
Min Credit Score
620
620
Second Home Cash-Out Refinance4
Purchase & Limited Cash-Out Refinance Property Type
Max LTV/CLTV
Min Credit Score
Property Type
Max LTV/CLTV
Min Credit Score
1 Unit
90%
620
1 Unit
75%
620
Investment Property Cash-Out Refinance4
Purchase & Limited Cash-Out Refinance Property Type 1 Unit 2-4 Units Footnotes:
Max LTV/CLTV
Min Credit Score
Purchase
LCO Refi
85%
75%
Property Type
Max LTV/CLTV
1 Unit
75%
2-4 Units
70%
620
75%
Min Credit Score 620
1
95.01-97% LTV/CLTV Purchase: At least one borrower must be a first-time homebuyer Limited Cash-Out (LCO) Refinance: Existing loan must be owned (or securitized) by Fannie Mae (Loan Lookup Tool) Non-occupant borrowers are ineligible High-Balance and ARMs are not permitted Manufactured homes not permitted 2 High-Balance Max 95% LTV/CLTV for High-Balance Loan Limits 3
Community Seconds CLTV ratio may exceed up to 105% only if the mortgage is part of Community Seconds transaction except an ARM, manufactured home, and Co-op loans
4
No limit on Cash-Out amount Loans with > 80% LTV will require Mortgage Insurance and are subject to MI guidelines
5
HomeReady Mortgage (DU)
Retail Primary Residence
Purchase and Limited Cash-Out Refinance Max LTV4
Property Type 1 Unit 2 Units 3-4 Units
Fixed 97%1,2
Max CLTV ARM 95%
85% 75%
Fixed 105%1,2,3 105%3 105%3
Min Credit Score ARM 95% 85% 75%
Per DU5 620
Footnotes: 1
95.01% - 97.00% LTV transactions Limited Cash-Out Refinance: existing loan must be owned (or securitized) by Fannie Mae (Loan Lookup Tool). Non-occupant borrower is ineligible High Balance and ARMs are not permitted 2 95% LTV/CLTV transactions Max 95% LTV/CLTV for High Balance Loan Limits, manufactured homes and non-occupant borrower(s) 3 Eligible up to 105% CLTV if the subordinate lien is a Community Second except for ARMs, manufactured homes and Co-op loans 4 Loans with > 80% LTV will require Mortgage Insurance and are subject to MI guidelines 5 MI company guidelines require minimum credit score 620
(030719 184495) Page 6 of 8
PREMIER PRODUCT SUITE HomeStyle Renovation
Retail Primary Residence Purchase and Limited Cash-Out Refinance Max LTV1 / CLTV
Property Type Fixed 97%2/ 105%3
1 Unit
Minimum Credit Score ARM 95% / 95%
Per DU
85% / 105%3 75% / 105%3
2 Units 3-4 Units
Second Home Purchase and Limited Cash-Out Refinance Max LTV1 / CLTV
Property Type 1 Unit
90%
Minimum Credit Score Per DU
/ 90%
Investment â&#x20AC;&#x201C; Purchase & Limited Cash-Out Refinance Purchase and Limited Cash-Out Refinance Max LTV1 / CLTV Limited Cash-Out Refinance 75% / 75%
Property Type Purchase 85% / 85%
1 Unit
Minimum Credit Score Per DU
Footnotes: 1 Refer to Calculating LTV / Maximum Mortgage Amount for requirements 2 Purchase transactions, the borrower must be a first-time home buyer; LCOR transactions, the loan must be owned or securitized by Fannie Mae. Ineligible for high balance loan limits and non-occupant borrower 3 Fixed Rate mortgages with Community Seconds only. ARMs ineligible
HomeStyle Energy (DU)
Retail
Purchase/Rate & Term Refinance (R&T) Including High Balance Property Type
Primary Residence Max LTV/CLTV
LTV/CLTV/FICO
Second Home
Min. Credit Score
Max LTV/CLTV
Investment
Min. Credit Score
Max LTV/CLTV
Min. Credit Score
Purchase
SFR/PUD/Condo Fixed: 95% ARM:90%
620
Fixed: 90% ARM:80%
620
Fixed: 85%1 ARM:75%
620
Rate and Term Refi Fixed: 75% ARM: 65%
Fixed: 85% ARM:75% Fixed: 75% ARM: 65%
2 Units 3-4 Units Footnotes:
620
Ineligible
Ineligible
620
Ineligible
Ineligible
1
Essent MI Overlay: Purchase; Single Family; 85% LTV; FICO Min 720; 6 months PITI Reserves; DU Approval Required
(030719 184495) Page 7 of 8
PREMIER PRODUCT SUITE Conforming and Super Conforming (LPA)
Retail
Primary Residence Cash-Out Refinance2
Purchase & No Cash-Out Refinance Property Type
Max
1 Unit 2 Units 3-4 Units
LTV/TLTV3
Min Credit Score
95% 85% 80%
Property Type 1 Unit
620
2-4 Units
Max LTV/TLTV3
Min Credit Score
85%1 80% 75%
740 620
Second Home Cash-Out Refinance2
Purchase & No Cash-Out Refinance Property Type 1 Unit
Max
LTV/TLTV3
Min Credit Score
Property Type
Max LTV/TLTV
Min Credit Score
620
1 Unit
75%
620
90%
Investment Property Cash-Out Refinance2
Purchase & No Cash-Out Refinance Property Type 1 Unit 2-4 Units Footnotes
Max LTV/TLTV3 85% 75%
Min Credit Score
Property Type
Max LTV/TLTV
Min Credit Score
620
1 Unit 2-4 Units
75% 70%
620
1
80.01%-85% LTV/TLTV Cash-Out LPA Risk Class “Accept” • Conforming loan amounts only (Super Conforming not allowed) • Streamlined Project Review is not allowed • Fixed rate only 2 No Limit to cash-out amount 3 Loans with > 80% LTV will require Mortgage Insurance and are subject to MI guidelines
(030719 184495) Page 8 of 8
BOND PROGRAMS loanDepot is dedicated to partnering with state-sponsored organizations to make sure that we provide diverse, affordable product offerings to all qualified borrowers. Our ability to work in tandem with these state and local bond agencies allows our retail loan consultants an opportunity to cast a wider net of loan offerings. Our premier product mix combined with hundreds of bond programs available throughout the US creates a powerful arsenal of unbeatable loan options ready to meet most borrower needs.
NATIONAL PROGRAMS
Chicksaw Nation • Pentagon Federal Credit Union Foundation • United Auburn Indian Community
• STATE-BY-STATE BOND PROGRAMS • ALABAMA
Alabama Housing Finance Authority City of Huntsville
AL
Step Up MCC Huntsville Downpayment Assistance Program (DAP)
1
ARIZONA
AZ
Home Plus Arizona Industrial Development Authority
Home Plus DPA Pathway to Purchase
City of Phoenix
Neighborhood Stabilization / Move-In Ready
City of Tempe
CAMP
Community Investment Corporation - Tucson
MCC Program - Pima County
Family Housing Resources
WISH
IDA Phoenix & County of Maricopa Bond Program
Home in Five
IDA of PIMA County/City of Tuscon Pascua Yaqui Tribe Housing Department
Homebuyers Solution Pathway to Purchase Homeownership Assistance Program
CALIFORNIA Bakersfield
CA
HomeLIFT CalHFA Conventional CalPlus Conventional CalHFA FHA CalPlus FHA
California Housing Finance Agency (CalHFA)
Cal-EEM + Grant CalHFA VA MyHome Assistance School Teacher and Employee Assistance CalHFA-Zip
City of Los Angeles
Mortgage Credit Certificate
City of Modesto
Homebuyer Assistance Program (HAP)
City of Roseville
BEGIN
2
CALIFORNIA City of Stockton City of Sunnyvale (builder-specific)
(continued)
Down Payment Assistance Program Below Market Rate Program First Time Homebuyer
City of Turlock
First Time Home Buyers
City of Tustin
Affordable Housing Program
City of Walnut Creek
First Time Homebuyers Assistance
County of Alameda
Mortgage Credit Certificate (MCC)
County of Los Angeles
Mortgage Credit Certificate
County of Placer
First Time Home Buyers Assistance Program
County of San Diego
Golden State Finance Authority NeighborWorks Sacramento Region Riverside County Economic Development Agency/ Norco Sacramento Housing and Redevelopment Authority
CA
Downpayment & Closing Cost Assistance Program Mortgage Credit Certificate (MCC) GSFA MCC GSFA Platinum Purchase Advantage Loan & CalHome Mortgage Credit Certificate Homeownership Programs (First Time Homebuyer/Down Payment Assistance) Mortgage Credit Certificate Deferred Payment Loan
San Diego Housing Commission
Homeownership Grant Program Mortgage Credit Certificate (MCC)
San Joaquin County
San Joaquin Gap Loan Program
Shingle Springs Band of Miwok Indians
Down Payment assistance Program
Southern California Home Financing Authority (SCHFA)
First Home Mortgage Program
3
COLORADO
CO
Denver Metro Mortgage Assistance (MMA) Plus Program
City and County of Denver
Mortgage Credit Certificate House to Home Ownership (H2O)
City of Boulder
Boulder Solution Grant
Del Norte Neighborhood Development Corporation
Home Ownership Program
City of Fort Collins
Home Buyer Assistance Program
Colorado Housing Assistance Corporation
Down Payment Assistance Program Advantage Preferred/Preferred Plus
Colorado Housing Finance Authority (CHFA)
CHFA Smartstep and Smartstep Plus FirstStep/FirstStep Plus Turnkey Mortgage Origination Program
El Paso County Housing Authority
Mortgage Credit Certificate
Loveland Housing Authority (Larimer LHOP)
Loveland/Larimer Home Ownership Program (LHOP)
Neighborhood Housing Services (NHS) of Kansas City
Affordable Housing Program (AHP)
CONNECTICUT Town of Fairfield Office of Community & Economic Development
Fairfield Down Payment Assistance
City of Milford
CDBG Homeownership Program
CT
HFA Advantage Loan Program HFA Preferred Loan Program Home of Your Own Program Connecticut Housing Finance Authority
Homebuyer Mortgage Program Homeownership Mortgage Program Military Homeownership Program Police Homeownership Program
4
CONNECTICUT
(continued)
CT
Teachers Mortgage Assistance Program Connecticut Housing Finance Authority (continued)
Mobile Manufactured Home Loan Program Down Payment Assistance Program Veterans Homeownership Pilot Program
FLORIDA Brevard County Community Housing Initiative Broward County Housing Finance and Community Redevelopment Division (HFCRD)
FL
State Housing Initiatives Partnership (SHIP) Program Homebuyer Purchase Assistance (HPA) MCC
City of Boca Raton
SHIP Purchase Assistance Program
City of Coconut Creek
First Time Homebuyer Program
City of Delray Beach
SHIP Program
City of Deltona
City of Deltona SHIP
City of Fort Lauderdale
HOME/SHIP
City of Miami Beach
First Time Homebuyer
City of Miami Community and Economic Development
First-Time Homebuyer Program
City of Tampa
Mortgage Assistance Program FL First & Military Heroes - Gov't Bond HFA Preferred HFA Preferred - Conv HFA Preferred Plus Conv
Florida Housing Finance Corporation
FL HLP FL Assist 3% Grant 4% Grant Mortgage Credit Certificate
5
FLORIDA Hernando County Housing Authority HFA of Hillsborough
(continued)
FL
SHIP Program Home Sweet Home Home Sweet Home - MCC Own a Home Opportunity Program with 2nd lien
HFA of Lee County
Own a Home Opportunity Program with grant (gift) Own a Home Opportunity Program MCC
HFA of Miami-Dade County
Miami-Dade Single Family Program Miami-Dade Mortgage Credit Certificate (MCC) House Key
HFA of Pinellas
House Key Plus AIS Grant
Jacksonville Housing Finance Authority (HFA) Lee County Department of Human Services
Mortgage Credit Certificate HOME Down Payment Assistance Program SHIP Down Payment Assistance Program
Keystone Challenge Fund
GAP/SHIP
Miami-Dade Economic Advocacy Trust
Homeownership Assistance Program (HAP)
Nassau County
SHIP
Orange County
Orange County Housing Finance Authority Palm Beach DES Pasco County
Ship Homebuyer Program Neighborhood Stabilization Program (NSP) Housing Opportunities 1st, 2nd, AMI Grant Homebuyerâ&#x20AC;&#x2122;s Dream 1st, 2nd State Housing Initiatives Partnership (SHIP) Program Home Ownership Program (HAP) Pasco Opportunity Program/NSP
Pinellas County Community Development
Down Payment Assistance
Seminole County Community Development Division
Purchase Assistance Program (PAP)
6
GEORGIA Atlanta Housing Authority
Homeownership Down Payment Assistance Program
Augusta Housing & Community Development Department (AHCDD)
Homeownership Assistance Program
City of Savannah Housing Department
Dream Maker 1, 2, 3
DeKalb County Human and Community Development Department (DCHCDD)
FTHB HOME Investment Partnerships
DeKalb County (WE DeKalb)
Workforce Enhancement
GA
Georgia Dream Homeownership Georgia Department of Community Affairs
Georgia Dream 2nd Mortgage Georgia Dream HHF - Second
Gwinnett County
Invest Atlanta
Homestretch NSP HomeAtlanta 4.0 1st lien, Grant and IMPA VCRI, AAHOP 2nd liens AHRA 2nd lien not eligible
Neighborhood Work Columbus
AtlantaLIFT
Rockdale County
Neighborhood Stabilization Program
IDAHO
ID
Fannie Mae HFA Preferred Freddie Mac Home Possible Advantage First Loan Advantage Loan Idaho Housing and Finance Association
Second Mortgage Forgivable Grant MCC Good Credit Rewards HFA Preferred
7
IDAHO
(continued)
ID
NSP Idaho Housing and Finance Association (continued)
First Loan Advantage Loan
ILLINOIS
Illinois Assist/City of Aurora City of Chicago City of Aurora
IL
Down Payment Assistance Program Mortgage Credit Certificate (MCC) Public Safety Officer Home Buyer Assistance Program Choose Aurora Homeownership MCC
City of Joliet
Down Payment Assistance
DuPage Homestead Center
DuPage Homestead 1st HOME Illinois IHDA Access IHDA Access Forgiveable
Illinois Housing Development Agency (IHDA)
IHDA Access Deferred IHDA Access Repayable I-Refi Mortgage Credit Certificate
Live Work Rock Island
Rock Island Employer Assisted Program
Neighborhood Housing Services Chicago
Micro Market Recovery Program Purchase Assistance Grant
Northside Community Development Corporation
University Assisted Housing
North West Housing Partnership
Barrington Bank & Trust Homebuyer Grant Program
West Cook Homeownership Center & Illinois Facilities Fund (IFF)
West Cook Advantage Program
8
INDIANA City of East Chicago
Homeownership Incentive Program
City of Hammond Department of Planning & Development
Homebound Home Ownership Program
ID
Affordable Home (AH) Helping to Own (H2O) Indiana Housing & Community Development
Next Home MY Home MCC Program
Lake County Community Economic Development Department
Homebuyer Assistance Program
Pokagon Band of Potawatomi
Home Ownership Program
IOWA
IA
FirstHome Homes for Iowans Iowa Finance Authority (IFA)
Military Homeownership Assistance Plan (Limited available funds) FirstHome Plus Homes for Iowans Plus
KANSAS Neighborhood Housing Services (NHS) of Kansas City
KS
Affordable Housing Program (AHP)
9
KENTUCKY Kentucky Association of Counties (KACO)
KY
Your Kentucky Home Secondary Market Affordable DAP
Kentucky Housing Corporation (KHC)
Regular DAP Hardest Hit Fund Home Buyer Tax Credit
LOUISIANA Capital Area Finance Authority
Capital Advantage
Capital Area Finance Authority
Capital Advantage Grant
Lafayette Public Trust Financing Authority
First Time Homebuyer
MARYLAND
LA MD
Redevelopment Authority of Prince George's County
Pathway to Purchase
Baltimore City DHCD - V2V
Vacants to Value Booster Program
Baltimore City DHCD - Emp Homeownership
Baltimore City Employee Homeownership Assistance Program
Baltimore City DHCD - BIB
Baltimore City DHCD - LNYWS
Buying into Baltimore & City Living Starts Here Buy Into Baltimore Trolley Tour Program Live Near Your Work Grant Community Development Block Grant
DHCD - Maryland Mortgage Program
MCC Program
Frederick County
Frederick County Homebuyer Assistance Program SDLP HomeStarter Loan
Howard County Housing
SDLP HomeSteader Loan SDLP DreamMaker Loan
10
MARYLAND
(continued)
MD
SDLP Revitalization Loan SDLP Workforce Initiative Loan Howard County Housing (continued)
City of College Park Forgiveable Second City of College Park New Neighbor Homeownership Grant Project Reinvest: Homeownership 1st Time Advantage with 3% Assistance Maryland Mortgage Premier Maryland Smartbuy Maryland Preferred Rate
DHCD - Maryland Mortgage Program
MMP - Smartbuy MMP - House keys 4 Employees MMP Smart Keys 4 Employees MMP - Community Partner Incentive Program MMP - Grant Assist Program
MASSACHUSETTS
MA
City of Chicopee
Chicopee FTHB HAP
City of Haverhill
Haverhill FTHB DPA
Greater Boston Hospitality
Local 26 Housing Program
Lynn Housing Authority & Neighborhood Development
Lynn Housing Down payment and Closing Cost Assistance
Mass Mutual Life Insurance Company
Mass Mutual Employee Loan Program
City of Springfield
Springfield First Time Homebuyer Program
City of Worcester
Worcester Grant Program MassHousing Mtg MassHousing Mortgage 100
Massachusetts Housing
Operation Welcome Home MassHousing Mortgage FHA MassHousing Mortgage FHA 100
11
MI
MICHIGAN MI Home Loan MI Home Loan Flex Michigan State Housing Authority (MSHDA)
Step Forward MCC DPA Wayne County First Time Home Program
National Faith Hombuyers
Taylor Homebuyer Assistance Program Westland Homebuyer Assistance Program
Pokagon Band of Potawatomi
Home Ownership Program
MINNESOTA City of Minneapolis
Homeownership Opportunity Minneapolis (HOM)
Dakota County Community Development Agency (CDA)
First Time Homebuyer Program
Midwest Minnesota Community Development Corporation
Project Reinvest
Minnesota Housing Finance Authority
MN
Start Up Step Up
MISSOURI
MO
Beyond Housing
1st Home Down Payment and Closing Cost Assistance
Neighborhood Housing Services (NHS) of Kansas City
Affordable Housing Program (AHP)
12
NEBRASKA Neighborhood Housing Services (NHS) of Kansas City
Affordable Housing Program (AHP)
NEVADA
NE NV
Home is Possible Nevada Housing Division
Home is Possible For Heroes Home is Possible for Teachers MCC Clark County Home
Nevada Partners Inc.
Culinary and Bartenders Housing Partnership Individual Development Account
Nevada Rural Housing Authority Rural Nevada Development Corporation
Home at Last MCC Home at Last Access Down Payment Assistance Program
NEW HAMPSHIRE
NH
2% Home Flex Plus Second 3% Home Flex Plus Second Home Preferred ROCs New Hampshire Housing
Home Flex Home Preferred Home Preferred No MI Home Flex Plus 1st
13
NEW JERSEY
NJ
Homeward Bound First-Time Homebuyer Program New Jersey Housing & Mortgage Finance Agency
Stay at Home Streamline Refinance NJHMFA - Smart Start NJHMFA - HomeSeeker
Burlington County
Burlington County FTHB Program
City of East Orange
East Orange Home Buyers Purchase Program
City of Trenton
First Time Homebuyer Program
Mercer County
Mercer County First Time Homebuyer Program
NEW MEXICO
NM
First Home First Down New Mexico Mortgage Finance Authority (MFA)
Next Home NextDown HomeNow
NEW YORK Community Housing Innovations
Community Housing Innovation Grant
Long Island Housing Partnership (LIHP)
LIHP County of Nassau DPA - Second
New York Housing Conference
Navy Green Supportive Housing
NY
Achieving the Dream State of New York Mortgage Agency
Low Interest Rate Program Conventional Plus Program
14
NEW YORK
(continued)
NY
FHA Plus Program Home of Veterans State of New York Mortgage Agency (continued)
Graduate to Homeownership SONYMA - Down Payment Assistance Loan SONYMA - Neighborhood Revitalization Program
NORTH CAROLINA Charlotte Neighborhood & Business Services
HouseCharlotte
City of Raleigh
City of Raleigh Home Buyer Program
Lumbee Tribe
Down Payment Assistance Program
NC
NC Home Advantage North Carolina Housing Finance Authority
NC 1st Home Advantage MCC
OHIO
OH
Market Rate Ohio Heroes Grants for Grads Ohio Housing Finance Authority
Next Home OHFA Advantage Your Choice! Down Payment Assistance MTC Basic MTC Plus
Hancock Hardin Wyandot Putnam Community Action Commission (HHWPCAC)
Individual Development Accounts (IDA)
Greater Cincinnati Redevelopment Authority
Communities First Ohio
15
OKLAHOMA City of Midwest City
Homebuyer Assistance Program
Neighborhood Housing Services (NHS) of Kansas City
Affordable Housing Program (AHP)
Neighborhood Housing Services Oklahoma City (NHSOKLA)
OK
DPA Homebuyer Assistance Program City of Moore DPA OHFA 4teachers
Oklahoma Housing Finance Agency
OHFA Dream OHFA Dream GOLD OHFA Shield
REI Downpayment Assistance
Gift100
OREGON
OR
RVAR/OAR First Time Homebuyers ACCESS
HOAP (Home Ownership Assistance Program) Welcome Home Program
The Klamath Tribes Housing Department
First Time Homebuyers
Habitat for Humanity
Oregon - Habitat for Humanity
Neighbor Impact
NeighborImpact Down Payment Assistance Program
Neighborhood Works
Neighborhood LIFT Cash Advantage
Oregon Housing and Community Services
Cash Advantage Assistance Rate Advantage City of Portland Down Payment Assistance Loan (DPAL)
Portland Housing Bureau (PHB)
Home Purchase Assistance Home Purchase Assistance DPA Mortgage Credit Certificate
Willamette Neighborhood Housing Services
Individual Development Account (IDA)
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PENNSYLVANIA Bucks County Housing Group
Bucks County First Time Home Buyer Program
Cumberland County
Affordable Housing Trust Fund (AHTF)
Dauphin County Affordable Housing Trust Fund Advisory Board
First Time Homebuyer Program
Housing Partnership of Chester County
Chester County First Time Homebuyer Program
Neighborhood Housing Services (NHS) of Greater Berks
Closing Cost Assistance Program
PA
HOMEstead Downpayment & Closing Cost Keystone Government Loan  Pennsylvania Housing Finance Agency
Keystone Home Loan Program Pennsylvania HFA Preferred Pennsylvania HFA Preferred Risk Sharing
Upper Darby Township
First Time Homebuyer Program
SOUTH CAROLINA
SC
Palmetto Home Advantage South Carolina Housing Finance Authority
Hardest Hit Fund South Carolina Home Buyer Program 1st lien South Carolina Home Buyer Program 2nd lien 10 year term
TENNESSEE The Housing Fund
TN
Down Payment Assistance Great Choice Homeownership for the Brave
Tennessee Housing Development Agency (THDA)
Great Choice Plus HHF Down Payment Assistance Take Credit MCC
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TEXAS City of Austin
Down Payment Assistance
City of Garland
Home Infill Program
TX
Homeownership Incentive Program 120 City of San Antonio
Homeownership Incentive Program Home Ownership Program for Employees Down Payment Assistance
Harris County Housing Finance Corp
Home Ownership Made Easy (HOME) Mortgage Credit Certificate
Neighborhood Housing Services San Antonio
Down Payment Assistance Program 5 Star Texas Advantage Program
Southeast Texas Housing Corp
GoldStar Mortgage Credit Certificate My First Texas My First Texas DPA My Choice
Texas Department of Housing & Community Affairs
My Choice DPA MCC TX TMP MCC My First Texas Home TMP 79 Homes Sweet Texas Home Homes for Texas Heroes
Texas State Affordable Housing
Grant TSAHC 5% Â HFA Preferred DPA Mortgage Credit Certificate
Texas Veteran Land Board
Veterans Housing Assistance Program
Travis County
HFC Hill Country Home DPA
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VIRGINIA
VA
Homeownership Made Affordable Down Payment Assistance Grant Virginia Housing Development Authority
Community Housing Revitalization MCC Plus Second Mortgage Closing Cost Assistance Grant
WASHINGTON Muckleshoot Housing Authority
DPA Program
Parkview Services
Pre-purchase Program
Snoqualmie Indian Tribe
Down Payment Assistance Program
WA
Bellingham Home Advantage First Mortgage Loan Program Home Advantage DPA Home Advantage Needs Based DPA Home Choice Washington State Housing Finance Commission
House Key Opportunity First Mortgage Loan Program House Key Opportunity DPA House Key Plus Seattle House Key Veterans House Key Plus ARCH East King County Pierce County Tacoma
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WEST VIRGINIA City of Parkersburg and the Wood County HOME Consortium
Down Payment Assistance Program
WISCONSIN Chippewa County Housing Authority
Chippewa County DPA
North West Housing Partnership
North West Housing Partnership
WYOMING Cheyenne Housing Authority
WV WI WY
Welcome Home Wyoming
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BROKER RELATIONSHIPS In order to give our loan consultants and clients the benefit of the most relevant and desirable loan products on the market, we continually source and expand our unique broker relationships. By staying prepared to meet the growing demand for flexible and all-encompassing product offerings in this everchanging mortgage market, loanDepot is able to give our retail loan consultants an unparalleled edge. With over two dozen close broker relationships in existence today, we provide a top-notch premier product suite, unlike any other lender.
& MORE!
KEY FEATURES
• Hud Section 184 Native American Loan Program
• Lending Area: All but MS, AL, AR, & LA • Non QM Lender • 1 Day seasoning out of short sale and foreclosure • 2 years seasoning out of BK • 12 month bank statement program • Asset depletion • Will qualify a 2 year self employed borrower off of one year of tax returns • Allows a borrower to have up to 15 financed properties • Closing title in an LLC
• Lending Area: AL, AZ, AR, CA, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, ME, MD, MI, MN, MT, NE, NV, NH, NJ, NC, OK, OR, PA, SC, TN, TX, UT, VT, VA, WA, WI, WY • Interest Only • Jumbo • Non-Conforming Jumbo
• • • •
Asset-Based Loan Cross Collateral Loan HELOC High LTV Non-Conforming
• Co-Ops Outside NY Area • Foreign Nationals • Ex Patriots • Non-Conforming Jumbo • Non-Warrantable Condos, Condo-tels • Hobby farms • Asset depletion • Unique scenarios case by case. Borrowers must become a member of Advancial Federal Credit Union – no cost to join
• Foreign Nationals, Interest Only, Non Warrantable Condo, Condotels • $300,000 minimum loan amount • No limit to the number of financed properties • Close title in an LLC • Asset depletion • Commercial & over 4 unit properties • Unique scenarios case by case • No longer offering bridge loans in the following states: CT, DE, FL, HI, IL, IN, KS, KY, LA, MD, ME, ND, NJ, NM, NY, OH, OK, PA, SC, VT, WI. Loans currently in the pipeline will be funded. Please contact scenarios with any questions.
• Lending area: FL • Foreign Nationals • Non Warrantable condos
• Lending Area: CT, DE, FL, MA, NH, NJ, NY, PA • Coops in NY Area • Foreign Nationals • Non Warrantable Condos
• 24 Months Bank Statement Program • Foreign National Program • No Social Security Plan Program • Asset Utilization Program • Non-Prime 2 Years from Housing Event or Bankruptcy Program • Non-Prime Recent Housing Event – One Day Out of Foreclosure
• Lending Area: NY Metropolitan area • Coops • Close Title in an LLC
• Doctor Loan Program • Construction to Perm • Only the 6 or 12 month construction terms are available at this time – the 9 month term is not available • All Loan Consultants must complete the Flagstar Bank Construction Training prior to originating a construction loan • Eligible states – all states except Alaska
• Reverse Mortgages
This information is for recruiting purposes and not intended for public distribution. Rates, terms, and availability of programs is subject to change without notice. loanDepot.com, LLC. All rights reserved. NMLS ID #174457 (www.nmlsconsumeraccess.org/). For more licensing information, please visit www.loanDepot.com/licensing. (032519 193000b)