IRRRL Conforming Loan Amounts - FRM & ARM
- Fixed Rate: Loan Terms of 15 and 30 years are eligible
- Adjustable Rate: 5/1 hybrid ARM, 30 year amortization
- Primary, Second Home, and Investment Properties
- Total loan amount may be up to 100% of appraisal value. Refer to corresponding topic(s) in full guidelines for specifics
- 640 minimum score for all borrowers, for Credit Qualifying and Non-Credit Qualifying IRRRL transactions
- VA qualifying ratios are 41%, see Rushmore Correspondent Lending Services Guidelines for more detail
Click here to view IRRRL Conforming Loan Amounts - FRM & ARM Guidelines