Your TPO Lending Experts

Finance of America Mortgage is pleased to announce high LTV, no MI, QM jumbo mortgage solution with the Two-X Apex product.

What is Two-X Apex?

Two-X Apex from Finance of America Mortgage is designed to accommodate high LTV financing. With borrowing limits up to $2.5 million, a minimum credit score of 680, and no mortgage insurance requirements- Two-X Apex gives your clients the buying power of a conforming loan with the loan amounts of a jumbo. Two-X Apex may be the ideal product for clients who are well documented, have no derogatory credit and want to put less money down when purchasing their home.

Program Details:

• 95% maximum LTV.
• No mortgage insurance for LTV’s >80%.
• Credit scores down to 680.
• Maximum DTI 43%.
• Minimum loan amount $100,000.
• Maximum loan amount $2,500,000.
• Loan terms include: 20 & 30-year fixed and 5/1, 7/1 & 10/1 ARMs.
• 2-15 months reserves required.