HomeReady and Home Possible Product Term Expansion
Newrez LLC "Newrez" Approved Correspondent Clients: Newrez is updating the terms for the HomeReady and Home Possible Affordable Products. We currently only offer a 30 year term for these programs and will now be adding 10-15-20 year term products. See below grid.
|
Product ID |
Product Description |
|
HR10 |
HomeReady 10 Year Fixed |
|
HR15 |
HomeReady 15 Year Fixed |
|
HR20 |
HomeReady 20 Year Fixed |
|
1424 |
HomeReady 10 Year High Balance Fixed |
|
1426 |
HomeReady 15 Year High Balance Fixed |
|
1428 |
HomeReady 20 Year High Balance Fixed |
|
HP10 |
Home Possible 10 Year Fixed |
|
HP15 |
Home Possible 15 Year Fixed |
|
HP20 |
Home Possible 20 Year Fixed |