Effective June 18th, 2018 FAM has reduced the Escrow Waiver LLPA from .25 to .10 for states outside of California.
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.