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SWMC Product Guidelines Update
FHA Jumbo

Dear Valued Partner,

As part of our commitment to responsible lending and ensuring the borrower's ability-to-repay, Sun West is revising the maximum allowable Debt-to-Income (DTI) Ratios for FHA Jumbo mortgages as follows:

DTI Guideline For 1-2 Unit Properties
Max. Front Ratio
Max. Back Ratio
Previous Guidelines
45
47
Revised Guidelines
(Loans Locked after 02/10/2012)
40
45

NOTE: The revised guidelines are effective for all loans locked to SWMC on or after 02/10/2012.

If you have any questions, please feel free to call on your Account Executive at (800) 453-7884.

Sincerely,

Sun West Mortgage Company, Inc.
18303 Gridley Road
Cerritos, CA 90703
Phone : (800) 453-7884
Equal Housing OpportunityThis information is provided to licensed wholesale brokers only and may not be copied or distributed to customers or potential customers. All loans are subject to approval. Certain restrictions may apply. Listed pricing is a morning indication only. Program rates, prices, guidelines, fees, costs, terms and conditions are subject to change without notice.

Sun West Mortgage Company, Inc. (NMLS ID 3277) is licensed by the Department of Corporations as a California Finance Lender (License #603 0119) and is licensed by the Department of Real Estate (License #00793885). Refer to www.swmc.com to see where SWMC is a licensed lender. In all states, the principal licensed office of Sun West Mortgage Company, Inc. is 18303, Gridley Road in Cerritos, CA 90703; Phone: (800) 453-7884