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FHA Fixed & ARM (The 6151 & 6152 Loan Programs)
 
 
    General Guidelines
 
  OO - Refinance (6151), Purchase (6152)
  AUS determines FICO
  HUD County Limit
  15, 20, 25 & 30 Yr Fixed
  1, 3, 5 Yr Treasury ARMS
     
    See if your scenario qualifies now!
     
 
 
 
  Rate & Price Comparisions*
 
  6.0% Rate
Pays (2.312)% YSP*

Full Doc
Primary Residence
30 Yr Fixed
Refinance OR
Purchase
  6.5% Rate
Pays (3.734)% YSP*

Full Doc
Primary Residence
30 Yr Fixed
Refinance OR
Purchase
  6.375% Rate
Pays (2.547)% YSP*

Full Doc
Primary Residence
30 Yr Fixed
2/1 Buydown
Purchase
  6.5% Rate
Pays (3.359)% YSP

Full Doc
Primary Residence
30 Yr Fixed
2/1 Buydown
Purchase
 
*Scenarios based on Utah Property and 5 Dec 2007 rates. Your scenarios may vary from these examples. 
 

 

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  Legend
  OO=Owner Occupied
  NOO=Non Owner Occupied
  2nd=2nd Home
  IO=Interest Only
  DTI=Debt To Income
YSP=Yield Spread Premium
LTV=Loan to Value
CLTV=Combine Loan to Value
ARM=Adjustable Rate Mortgage
FHA=Federal Housing Administration
LIBOR=London Interbank Offered Rate
HUD=Housing & Urban Development, Dept of
FICO® score=Fair Isaac Corporation score or Beacon® score
 
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