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FHA Max CLTV Cash Out Refi

As stated in Mortgagee Letter 2019-11, dated August 1, 2019, the maximum LTV/CLTV for FHA Cash-Out Refinance will reduced to 80%. This will be effective with case numbers issued on and after September 1, 2019.

Please contact your Regional Account Manager should you have any questions related to this Client Announcement.

08/05/19