Underwriting Guidelines

Realtors, CPAs, Financial Advisors, and Other Professionals

We’re always happy to answer your specific questions, just call us at (406) 862-4999. But if we’re unavailable, here are some of the primary resources we reference:

Conventional Loan Rules (Fannie Mae Selling Guide)

• Section B-2-2: Borrower Eligibility
• Section B-2-3: Property Eligibility
• Section B-3-3: Income
• Section B-3-4: Assets (Funds)
• Product Guide for all loans from one of our many investors:  Homebridge Wholesale Mortgage Guidelines 

FHA Loan Rules (FHA Borrower Guidelines)

• Reverse Mortgages 
• Manufactured Homes 
• 203K Renovation Loan 
• Condo Approvals at FHA 

USDA RD Loan Rules (RD Guidelines)

• Income Limits

Other Loan Types

Jumbo Mortgages (over $417K), Canadian Mortgages, Land Loans, Non-FHA Approved Condos, and Construction Loans each have their own unique rules based on the individual bank offering the loan. In general, the terms are more conservative, favoring the bank, compared to Conventional, FHA, or USDA RD loans.

For details on these products or specific underwriting guidelines, give us a call.