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.
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