Qualification Sheet
Today’s RatesFor mortgage professional use only. Terms subject to change. Minimum credit score, Max CLTV and DTI may vary. Please refer to the product guidelines and your Quorum Account Executive for more information
| Prime | Margin | Margin Adjustment | Rate |
| Residence Type | Property Type | Type of Submission | |
Credit Score Summary:
| Borrower Middle Score | Co-Borrower Middle Score | Lower Middle Score for UW |
| Borrower’s Monthly Income | Co-Borrower’s Monthly Income | Total Monthly Income |
LTV Summary:
| Purchase Price/Appraised Value | Current 1st Mtg balance | Requested HELOC Line Amount (Max line amount $250K) |
| 1st mtg LTV | 2nd mtg LTV | CLTV (Max CLTV 90%) |
Debt Ratio Summary:
| 1st Mtg Payment (P & I) | Total Other Payments (Revolving/Installment) | Front End DTI (Housing) |
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| Hazard Insurance | Total Monthly Payments | Back End DTI (Total) |
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| Property/RE Taxes | Qual Payment (Prime + Margin; 20 YR Amort) | |
| Frontend DTI exceeds guidelines | ||
| HOA Dues | Interest Only Payment | |
| Backend DTI exceeds guidelines | ||
| Total Housing | ||
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