Radian Guaranty Inc. has increased the allowable maximum loan-to-value ratio on some of its mortgage insurance products.
The Philadelphia-based firm said that its eligibility for temporary buydowns for LTV ratios up to 97 percent has been significantly expanded.
The expansion applies to both its One Underwrite and manually underwriting products. Cashouts are excluded, as are investment properties with a temporary buydown.
Source: Mortgage Daily
