Our VA Jumbo Stands Out - Franklin American

Our VA Jumbo Stands Out

TAKE A LOOK AT FAMC VA JUMBO

NEW! Expanded VA Jumbo program allowed for all US counties

Program Highlights:

? Loan amount $417,001-$700,000, including any financed funding fee ? 41% DTI may be exceeded with significant compensating factors or AUS approval ? VA guaranty or a combination of the VA guaranty plus borrower's downpayment and/or equity must equal at least 25%

of the lesser of purchase price or Notice of Value (NOV) ? Downpayment required if:

o Veteran has less than full available entitlement, OR o Loan amount exceeds high cost county limit, OR o Purchase price exceeds the reasonable value of the property as listed on the Notice of Value

100% LTVs Possible!

? For high cost counties only: up to 100% LTV allowed, based on veteran's available entitlement and county limit ? For a list of VA high cost counties and loan limits, visit ? Downpayment may be required, see above

To assist with calculation of the maximum loan amount and guaranty view the VA Maximum Loan Limit Worksheet under the forms tab at

FOR MORE INFORMATION CONTACT YOUR ACCOUNT EXECUTIVE

Wholesale Lending

Equal Housing Lender; Franklin American Mortgage Company Inc. 501 Corporate Centre Drive Suite 400 Franklin, TN 37067. For mortgage banking professionals only; not

EQUAL HOUSING

LENDER

authorized for distribution to consumers. Company NMLS#1599 05/09/12 MKT-4225

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