August 14, 2019
Two-X HBX is a mortgage solution for high balance loan amounts in counties currently restricted to conforming or high cost limits. Loan amounts between $510,401 and $765,600 no longer need to meet the requirements and pricing of Jumbo financing. With HBX, borrowers nationally can benefit from a high balance loan program with simplified credit guidelines.
At Finance of America Mortgage, we provide more options for homebuyers!
• LTVs to 90% with no Mortgage Insurance
• $200,000 minimum loan amount
• Credit Scores as low as 660
• Up to $765,600 maximum loan amount for 1 unit
• Up to $980,325 maximum loan amount for 2 unit
• 30 year fixed
• Primary Residence and Second Homes
• Up to 43% DTI
• Available in all states (purchase only in Texas)
• 1-2 units, PUD and warrantable condos
For more information contact your Finance of America Mortgage Account Executive.