RAG Test Results — @cf/meta/llama-4-scout-17b-16e-instruct — 2026-03-26 20:55

Instance: fundloans-guidelines-search Model: @cf/meta/llama-4-scout-17b-16e-instruct Mode: Chat Completions Result: 21/22 passed (95%)

Summary

Detailed Results

apex-oo-1 — PASS

Question: What is the maximum LTV for a purchase on an Apex Alt Doc loan with 740 FICO, owner occupied primary residence, loan amount $800,000?

Expected: 90% LTV

AI Answer: Based on the provided documents, specifically the "Apex Matrix v 1.0 (01-01-2026).md" document, for an Apex Prime — Owner Occupied Primary Residence under the Alternative Documentation Program (12 or 24 Months Bank Statements), the maximum LTV for a purchase with 740 FICO and a loan amount of $800,000 is 90.

Here's the relevant table:

Since $800,000 is up to $1 MM, the maximum LTV for a purchase is 90.

Source found: True | Expected source: Apex Matrix

Retrieved chunks (3):

1. Apex Matrix v 1.0 (01-01-2026).md (score: 0.940)

   Apex Prime Matrix — FundLoans ## Alternative Documentation Program (12 or 24 Months Bank Statements) Effective Date: 01/01/2026 | V1.0 --- ## Apex Prime — Owner Occupied Primary Residence ### Maximum LTVs (12 or 24 Months Bank Statements) | Loan Amount | FICO | Purch / RT Refi LTV/CLTV | C...

2. Montage Matrix v 1.0 (01-01-2026).md (score: 0.907)

   Montage Prime Matrix — FundLoans ## Full Documentation Program (12 or 24 Months Full Doc) Effective Date: 01/01/2026 | V1.0 --- ## Montage Prime — Owner Occupied Primary Residence ### Maximum LTVs (12 or 24 Months Full Doc) | Loan Amount | FICO | Purch / RT Refi LTV/CLTV* | Cash Out LTV/CL...

3. Apex Matrix v 1.0 (01-01-2026).pdf (score: 0.890)

   Page 2 Maximum LTVs Purch / RT Refi Cash Out LTV/CLTV** LTV/CLTV**• 12 or 24 Months consecutive stmts req'd • Max LTV 80% • Max 50% DTI *PITIA for fully amortized and ITIA for I/O Unlimited $1.5MM 1x30x12 - 5% LTV 24mo-48mo -5% LTVPurch RT Refi LTV/CLTV LTV/CLTV65 60 60 55 55 50 Warrantable Cond...

Tags: apex, owner-occ, ltv

apex-oo-2 — PASS

Question: Can I get a cash-out refinance under Apex with a 660 FICO score and a $1.2 million loan amount on my primary residence?

Expected: 75% max LTV for cash out

AI Answer: Based on the provided Apex Matrix, for a primary residence with a loan amount of $1.2 million and a 660 FICO score, the maximum LTV for a cash-out refinance is 70%.

To confirm if you can get a cash-out refinance, we would need to know the current value of your property. If the LTV (loan amount / property value) is 70% or less, then a cash-out refinance is possible.

For example, if your property is worth $1,714,286 ($1,200,000 / 0.7), then a cash-out refinance is possible. However, if the property value is lower, the LTV may exceed 70%, making a cash-out refinance ineligible.

Additionally, other factors such as DTI, reserves, and credit restrictions may also apply. It is recommended to review the guidelines and consult with a lender for a more detailed evaluation.

Source found: True | Expected source: Apex Matrix

Retrieved chunks (3):

1. Montage Matrix v 1.0 (01-01-2026).pdf (score: 0.789)

   . Min FICO 660 Max LTV: Purchase & R/T 90Credit Restrictions (Based off max LTV)Housing Lates FC/BK/SS/DIL/MODEligible Borrowers• US Citizens≤$500k 3 months >$500k-$1.5MMReservesLoan Amount Months Required* 75 65 700 55 Fixed Terms 5/6 Mo SOFR ARM (2/1/5 Caps) **All loan >$4mm on a case-by-case basi...

2. Apex Matrix v 1.0 (01-01-2026).pdf (score: 0.759)

   Contents ### Page 1 Apex Prime (Owner Occupied Primary Residence) Effective Date: 01/01/2026 | V1.0 Maximum LTVs Purch / RT Refi • US Citizens • 12 or 24 Months consecutive stmts req'd • Max LTV 80% • Max 50% DTI *PITIA for fully amortized and ITIA for I/O≤60% LTV Unlimited >60% LTV $1.5MM 1x30x1...

3. Apex Matrix v 1.0 (01-01-2026).pdf (score: 0.719)

   Page 2 Maximum LTVs Purch / RT Refi Cash Out LTV/CLTV** LTV/CLTV**• 12 or 24 Months consecutive stmts req'd • Max LTV 80% • Max 50% DTI *PITIA for fully amortized and ITIA for I/O Unlimited $1.5MM 1x30x12 - 5% LTV 24mo-48mo -5% LTVPurch RT Refi LTV/CLTV LTV/CLTV65 60 60 55 55 50 Warrantable Cond...

Tags: apex, owner-occ, cashout

apex-inv-1 — PASS

Question: What are the LTV limits for an Apex investor loan with 700 FICO and $2.3 million loan amount?

Expected: 75% purchase/RT refi, 65% cash out

AI Answer: Based on the provided documents, specifically the "Apex Matrix v 1.0 (01-01-2026).md" document, for an Apex Prime — Investor loan with a 700 FICO and a $2.3 million loan amount, the LTV limits are as follows:

• For Purchase / Rate Term Refinance: 80%
• For Cash Out: 70%

However, for a loan amount of $2.3 million, we need to look at the specific table for loan amounts between $2 MM to $2.5 MM.

According to the table, for a loan amount >$2 MM to $2.5 MM, with a 700 FICO:

• The maximum LTV for Purchase / RT Refi is 75%
• The maximum LTV for Cash Out is 65%

Therefore, for an Apex investor loan with 700 FICO and $2.3 million loan amount, the LTV limits are:

• Purchase / Rate Term Refinance: 75%
• Cash Out: 65%

Source found: True | Expected source: Apex Matrix

Retrieved chunks (3):

1. Apex Matrix v 1.0 (01-01-2026).md (score: 0.984)

   Apex Prime — Investor ### Maximum LTVs (12 or 24 Months Bank Statements) | Loan Amount | FICO | Purch / RT Refi LTV/CLTV* | Cash Out LTV/CLTV* | |---|---|---|---| | up to $1 MM | 740 | 85 | 75 | | | 720 | 85 | 75 | | | 700 | 85 | 75 | | | 680 | 80 | 75 | | | 660 | 80 | 75 | | >$1 MM to $1.5 MM ...

2. Apex Matrix v 1.0 (01-01-2026).md (score: 0.948)

   Apex Prime — Second Home ### Maximum LTVs (12 or 24 Months Bank Statements) | Loan Amount | FICO | Purch / RT Refi LTV/CLTV** | Cash Out LTV/CLTV** | |---|---|---|---| | up to $1 MM | 700 | 85 | 75 | | | 680 | 80 | 75 | | | 660 | 80 | 70 | | >$1 MM to $1.5 MM | 740 | 80 | 75 | | | 720 | 80 | 75...

3. Apex Matrix v 1.0 (01-01-2026).pdf (score: 0.887)

   . Max LTV: Purchase & R/T Rural <10 acres Must be prior apvd*>$1 MM to $1.5 MM720 45 700 40>$4MM to $5MM** 760 50 720 45 660 70 N/A Housing Event See Guidelines for Formulas 680 • Impounds, High-Cost Loans, & Loan Cost Tolerance 720 680 720 700**>$5MM to $6MM**Not allowed L/A >$3MM Loan Amount...

Tags: apex, investor, ltv

apex-pnl-1 — PASS

Question: What LTV can I get on an Apex P&L Only loan for $1.8 million with 720 FICO, owner occupied?

Expected: 75% purchase/RT refi, 65% cash out

AI Answer: Based on the Apex Matrix v 1.0 (01-01-2026).md document, for an Apex P&L Only loan, owner-occupied, with a loan amount of $1.8 million and a FICO score of 720, the maximum LTV/CLTV for Purchase/RT Refi is 75%.

Here is the specific information from the document:

So, the LTV you can get on an Apex P&L Only loan for $1.8 million with 720 FICO, owner occupied, is 75%.

Source found: True | Expected source: Apex Matrix

Retrieved chunks (3):

1. Apex Matrix v 1.0 (01-01-2026).md (score: 0.788)

   P&L Only — Second Home | Loan Amount | FICO | Purch / RT Refi LTV/CLTV | Cash Out LTV/CLTV | |---|---|---|---| | up to $1 MM | 740 | 75 | 65 | | | 720 | 70 | 65 | | | 700 | 70 | 60 | | >$1 MM to $1.5 MM | 740 | 70 | 65 | | | 720 | 70 | 65 | | | 700 | 70 | 60 | | >$1.5 MM to $2 MM | 740 | 70 | 6...

2. Apex Matrix v 1.0 (01-01-2026).md (score: 0.668)

   P&L Only — Owner Occupied Primary Residence | Loan Amount | FICO | Purch / RT Refi LTV/CLTV | Cash Out LTV/CLTV | |---|---|---|---| | up to $1 MM | 740 | 80 | 70 | | | 720 | 75 | 70 | | | 700 | 75 | 70 | | >$1 MM to $1.5 MM | 740 | 75 | 70 | | | 720 | 75 | 70 | | | 700 | 75 | 70 | | >$1.5 MM to...

3. Apex Matrix v 1.0 (01-01-2026).md (score: 0.334)

   Apex Prime Matrix — FundLoans ## Alternative Documentation Program (12 or 24 Months Bank Statements) Effective Date: 01/01/2026 | V1.0 --- ## Apex Prime — Owner Occupied Primary Residence ### Maximum LTVs (12 or 24 Months Bank Statements) | Loan Amount | FICO | Purch / RT Refi LTV/CLTV | C...

Tags: apex, pnl, ltv

apex-jumbo-1 — PASS

Question: What are the Apex super jumbo LTV limits for a $4.5 million loan with 760 FICO, owner occupied?

Expected: 65% purchase, 60% RT refi, 55% cash out

AI Answer: According to the Apex Matrix v 1.0 (01-01-2026).md document, for a Super Jumbo loan:

Given that the loan amount is $4.5 million and the FICO score is 760, the LTV limits for an owner-occupied property would be:

• Purchase: 65%
• Rate/Term Refinance: 60%
• Cash Out: 50%

So, for a $4.5 million loan with 760 FICO, owner occupied, the Apex super jumbo LTV limits are 65% for purchase, 60% for rate/term refinance, and 50% for cash out.

Source found: True | Expected source: Apex Matrix

Retrieved chunks (3):

1. Apex Matrix v 1.0 (01-01-2026).md (score: 0.861)

   Apex Prime — Investor ### Maximum LTVs (12 or 24 Months Bank Statements) | Loan Amount | FICO | Purch / RT Refi LTV/CLTV* | Cash Out LTV/CLTV* | |---|---|---|---| | up to $1 MM | 740 | 85 | 75 | | | 720 | 85 | 75 | | | 700 | 85 | 75 | | | 680 | 80 | 75 | | | 660 | 80 | 75 | | >$1 MM to $1.5 MM ...

2. Apex Matrix v 1.0 (01-01-2026).md (score: 0.839)

   Apex Prime — Second Home ### Maximum LTVs (12 or 24 Months Bank Statements) | Loan Amount | FICO | Purch / RT Refi LTV/CLTV** | Cash Out LTV/CLTV** | |---|---|---|---| | up to $1 MM | 700 | 85 | 75 | | | 680 | 80 | 75 | | | 660 | 80 | 70 | | >$1 MM to $1.5 MM | 740 | 80 | 75 | | | 720 | 80 | 75...

3. Montage Matrix v 1.0 (01-01-2026).pdf (score: 0.728)

   . Min FICO 660 Max LTV: Purchase & R/T 90Credit Restrictions (Based off max LTV)Housing Lates FC/BK/SS/DIL/MODEligible Borrowers• US Citizens≤$500k 3 months >$500k-$1.5MMReservesLoan Amount Months Required* 75 65 700 55 Fixed Terms 5/6 Mo SOFR ARM (2/1/5 Caps) **All loan >$4mm on a case-by-case basi...

Tags: apex, super-jumbo, ltv

montage-oo-1 — PASS

Question: What is the max LTV for a Montage Full Doc purchase loan, 720 FICO, $900K, primary residence?

Expected: 85% LTV

AI Answer: Based on the provided documents, specifically the "Montage Matrix v 1.0 (01-01-2026).md" document, for a Montage Full Doc purchase loan with a 720 FICO, $900K loan amount, and primary residence, the maximum LTV is 85.

Here's the relevant information from the document:

Since $900K is up to $1 MM, the maximum LTV for a purchase loan with a 720 FICO is 85.

Source found: True | Expected source: Montage Matrix

Retrieved chunks (3):

1. Montage Matrix v 1.0 (01-01-2026).md (score: 0.963)

   Montage Prime — Investment ### Maximum LTVs (12 or 24 Months Full Doc) | Loan Amount | FICO | Purch / RT Refi LTV/CLTV* | Cash Out LTV/CLTV* | |---|---|---|---| | up to $1 MM | 740 | 85 | 75 | | | 720 | 85 | 75 | | | 700 | 85 | 75 | | | 680 | 80 | 75 | | | 660 | 80 | 75 | | >$1 MM to $1.5 MM | ...

2. Montage Matrix v 1.0 (01-01-2026).md (score: 0.961)

   Montage Prime Matrix — FundLoans ## Full Documentation Program (12 or 24 Months Full Doc) Effective Date: 01/01/2026 | V1.0 --- ## Montage Prime — Owner Occupied Primary Residence ### Maximum LTVs (12 or 24 Months Full Doc) | Loan Amount | FICO | Purch / RT Refi LTV/CLTV* | Cash Out LTV/CL...

3. Montage Matrix v 1.0 (01-01-2026).md (score: 0.949)

   See Guidelines For: - Departing Residence requirements and reserves - Impounds, High-Cost Loans, & Loan Cost Tolerance - Single Borrower Exposure - Residency Qualifications - Interested Party Contributions - Rural Property Limits - First Time Homebuyer - Departing Residence - Use of Business Fun...

Tags: montage, owner-occ, ltv

montage-inv-1 — PASS

Question: What are the Montage investment property LTV limits for a $1.3 million loan with 680 FICO?

Expected: 80% purchase/RT refi, 70% cash out

AI Answer: Based on the provided documents, specifically the "Montage Matrix v 1.0 (01-01-2026).md" document, for a $1.3 million loan with 680 FICO, the Montage Prime investment property LTV limits are as follows:

• Purchase / RT Refi LTV/CLTV: 80
• Cash Out LTV/CLTV: 75

So, for a $1.3 million loan with 680 FICO, the maximum LTV for purchase or rate/term refinance is 80%, and for cash-out refinance, it is 75%.

Source found: True | Expected source: Montage Matrix

Retrieved chunks (3):

1. Montage Matrix v 1.0 (01-01-2026).pdf (score: 0.945)

   . 660 85Other LTV/CLTV Limits Credit Restrictions (Based off max LTV)Housing Lates • 3 year standard prepay , 2 year and 1 year prepay available at additional costPrepayment Penalty >$5MM to $6MM80 70 75 75 75 65 80 75 70 N/A 65 70 760 700 660 720 680 680 680 720SUPER JUMBO50 720 50 760 45Cash-O...

2. Montage Matrix v 1.0 (01-01-2026).pdf (score: 0.858)

   . Min FICO 660 Max LTV: Purchase & R/T 90Credit Restrictions (Based off max LTV)Housing Lates FC/BK/SS/DIL/MODEligible Borrowers• US Citizens≤$500k 3 months >$500k-$1.5MMReservesLoan Amount Months Required* 75 65 700 55 Fixed Terms 5/6 Mo SOFR ARM (2/1/5 Caps) **All loan >$4mm on a case-by-case basi...

3. Montage Matrix v 1.0 (01-01-2026).md (score: 0.767)

   Program Restrictions — Second Home | Parameter | Value | |---|---| | Housing (12 mos. Minimum) | 0x30x12 | | Credit Event | 48 mo. | | Min FICO | 660 | | Max LTV: Purchase & R/T | 85 | | Max LTV: Cash Out | 75 | | Max CLTV | 85 | | Max Loan Amount | $6,000,000 | | Min Loan Amount | $300,000 | |...

Tags: montage, investor, ltv

spectrum-1 — PASS

Question: What is the maximum LTV for a Spectrum DSCR loan with 700 FICO, $1.2 million purchase, DSCR >= 1.00?

Expected: 75% purchase

AI Answer: According to the Spectrum Matrix (01-01-2026) v1.0.md document, for a DSCR loan with a FICO score of 700, a loan amount of $1.2 million, and a DSCR >= 1.00, the maximum LTV for a purchase is 75%.

This is because the loan amount of $1.2 million falls within the range of >1.0 MM - 1.5 MM, and for this range, the maximum LTV for a purchase with a FICO score of 700 and DSCR >= 1.00 is 75%.

Therefore, the maximum LTV for this scenario is 75%.

Source found: True | Expected source: Spectrum Matrix

Retrieved chunks (3):

1. Spectrum Matrix (01-01-2026) v1.0.md (score: 0.998)

   Spectrum Matrix — FundLoans ## DSCR Program (Investment Properties Only) Effective Date: 01/01/2026 | V1.0 --- ## Maximum LTVs — DSCR >= 1.00 | Loan Amount | FICO | Purchase | Rate/Term | Cash Out | |---|---|---|---|---| | <=1MM | 740+ | 80 | 80 | 75 | | | 720 | 80 | 80 | 75 | | | 700 | 75 ...

2. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.989)

   11.0 Debt Service Coverage Ratio (Spectrum) For DSCR loans, borrowers are not required to disclose employment information on the application (Form 1003). Income derived from regular employment, retirement or other investments should not be disclosed and taxreturns are not required. The applicati...

3. Spectrum Matrix (01-01-2026) v1.0.pdf (score: 0.948)

   . FN not allowed.Maximum LTVs Loan Amount FICO680+ No FICOProgram Restrictions Housing ≤60% LTV UnlimitedBK (Chap 13 Discharge) >60% LTV $1.5MMBK (Other) Foreclosure • Program Min: $200,000Short Sale/DIL • Non-Warrantable Condo Max: $1,500,000Min FICO >$2MM 2nd appraisal requiredMax LTV: Purchase >$...

Tags: spectrum, dscr, ltv

spectrum-noratio-1 — FAIL

Question: Can I get a no-ratio DSCR loan under Spectrum with 720 FICO for $1.3 million? What are the LTV limits?

Expected: 65% purchase, 65% rate/term, 60% cash out

AI Answer: To determine the eligibility for a no-ratio DSCR loan under Spectrum with 720 FICO for $1.3 million, we need to review the provided documents, specifically the Spectrum Matrix.

According to the Spectrum Matrix (01-01-2026) v1.0.md and Spectrum Matrix (01-01-2026) v1.0.pdf, for a loan amount of $1.3 million and a 720 FICO score, the maximum LTV for a no-ratio loan is 65%.

Here is the relevant information from the documents:

• Loan Amount: >1.0 MM - 1.5 MM
• FICO: 720
• Maximum LTV for No Ratio*: 65%

Since the loan amount is $1.3 million, which falls within the >1.0 MM - 1.5 MM range, and the FICO score is 720, the maximum LTV for a no-ratio DSCR loan under Spectrum is 65%.

Therefore, for a $1.3 million loan, the maximum loan-to-value (LTV) ratio would be 65%.

To calculate the minimum down payment required, you can subtract the LTV from 1 and multiply by the loan amount:

1 - 0.65 = 0.35 0.35 * $1,300,000 = $455,000

So, the minimum down payment required would be $455,000.

It is also important to note that other conditions and requirements may apply, such as 7 years no Housing Credit Events & 1 x 30 x 12 months all loans on personally held real estate.

It is recommended to consult with a lender or financial advisor for a more detailed evaluation of your eligibility and specific loan terms.

Source found: True | Expected source: Spectrum Matrix

Retrieved chunks (3):

1. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.991)

   11.0 Debt Service Coverage Ratio (Spectrum) For DSCR loans, borrowers are not required to disclose employment information on the application (Form 1003). Income derived from regular employment, retirement or other investments should not be disclosed and taxreturns are not required. The applicati...

2. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.956)

   11.6 Debt Service Coverage Calculation Borrowers financing non-owner-occupied investment properties qualify based on their ability to service the debt over the life of the loan. For Debt Service Coverage, rental income is used to qualify for the transaction. Debt Service Coverage is available t...

3. Portfolio Guidelines v1.0 (1-1-2026).md (score: 0.946)

   • Transaction is delayed financing. - Evidence the property is actively marketed for rent is required. Use the market rent from Form 1007/1025 with no vacancy factor. For properties defined as a one-unit property with an accessory unit (ADU), rental income may be qualified from <!-- page:45 ...

Tags: spectrum, no-ratio, ltv

spectrum-fn-1 — PASS

Question: What are the LTV limits for a foreign national borrower under the Spectrum DSCR program?

Expected: 65% purchase, 65% rate/term, 60% cash out for loans up to $1.5MM

AI Answer: ## LTV Limits for Foreign National Borrowers under the Spectrum DSCR Program

The LTV limits for Foreign National borrowers under the Spectrum DSCR program are not explicitly stated in a single table or section. However, based on the provided documents, we can infer the following:

Maximum LTVs — FN >= 1.0 (Foreign National)

Although the specific LTV limits for Foreign National borrowers are not detailed, we know that Foreign Nationals are eligible only under the DSCR program. The general LTV limits for the DSCR program are as follows:

DSCR >= 1.00

DSCR >= 0.75

Eligibility Requirements for Foreign National Borrowers

To be eligible, Foreign National borrowers must:

• Reside in one of the following countries/continents:
  • Canada
  • Caribbean (except Cuba)
  • China (except Hong Kong)
• Meet the DSCR program requirements

Conclusion

While the exact LTV limits for Foreign National borrowers are not explicitly stated, they are subject to the same LTV limits as other borrowers under the DSCR program, which are based on the loan amount, FICO score, and DSCR. It is recommended that you consult the FundLoans guidelines or contact them directly for more information on Foreign National borrower eligibility and LTV limits.

Source found: True | Expected source: Spectrum Matrix

Retrieved chunks (3):

1. Spectrum Matrix (01-01-2026) v1.0.pdf (score: 0.989)

   : 75% • DSCR ≥ .75 Only • Borrowers not meeting Investor Experience are eligible if:≥ 700 FICO / >1.0 DSCR / <$2m Loan Amount / 5% LTV reduction / No gift funds / 12 mo reservesC/O & R/T FN65 65 • US Citizen • Permanent & Non-Permanent Res Alien • FN See guidelines for Visa/Credit requirement • Loan...

2. Spectrum Matrix (01-01-2026) v1.0.md (score: 0.988)

   Cash-Out Limits | LTV Threshold | Maximum Cash Out | |---|---| | ≤60% LTV | Unlimited | | >60% LTV | $1.5MM | ## Loan Amount Restrictions - Program Min: $200,000 - Non-Warrantable Condo Max: $1,500,000 - >$2MM: 2nd appraisal required - >$3MM: Additional overlays apply ## Reserves - 6 mo PITIA/...

3. Spectrum Matrix (01-01-2026) v1.0.pdf (score: 0.988)

   . FN not allowed.Maximum LTVs Loan Amount FICO680+ No FICOProgram Restrictions Housing ≤60% LTV UnlimitedBK (Chap 13 Discharge) >60% LTV $1.5MMBK (Other) Foreclosure • Program Min: $200,000Short Sale/DIL • Non-Warrantable Condo Max: $1,500,000Min FICO >$2MM 2nd appraisal requiredMax LTV: Purchase >$...

Tags: spectrum, foreign-national, ltv

reserves-1 — PASS

Question: How many months of reserves are required for a $600,000 Apex loan?

Expected: 6 months (>$500k-$1.5MM tier)

AI Answer: According to the Apex Matrix v 1.0 (01-01-2026).pdf and Montage Matrix v 1.0 (01-01-2026).pdf, for a loan amount of $600,000, which falls into the category of >$500k-$1.5MM, the reserve requirement is 6 months.

Therefore, 6 months of reserves are required for a $600,000 Apex loan.

Source found: True | Expected source: Apex Matrix

Retrieved chunks (3):

1. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.149)

   Page 63 - including the subject property taxes, insurance, HOA dues, etc. (do not include the subject property P&I) - • Subject property reserves requirements based on the loan amount as detailed in the Reserves section of this guide. Residual Income: In accordance with ATR standards, a mon...

2. Portfolio Guidelines v1.0 (1-1-2026).md (score: 0.082)

   10.4 Gift Funds: 100% of gift funds are allowed on owner-occupied transactions For second homes and investment properties, the borrower must demonstrate they have a minimum of 10% of their own funds for the down payment. Gifts must be from a family member. Gifts can be ...

3. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.070)

   10.4 Gift Funds: 100% of gift funds are allowed on owner-occupied transactions For second homes and investment properties, the borrower must demonstrate they have a minimum of ### Page 43 10% of their own funds for the down payment. Gifts must be from a family member. Gifts can be used...

Tags: reserves

reserves-inv-1 — PASS

Question: What are the reserve requirements for a first-time investor under Apex?

Expected: 12 months

AI Answer: According to the Apex Matrix, for a First Time Investor, the reserve requirement is 12 months.

Additionally, the Portfolio Guidelines and Spectrum Matrix also mention that First Time Investors require 12 months of reserves.

To break it down further:

• ≤ $500,000: 3 Months

• $500,000 - $1,500,000: 6 Months

• $1,500,000: 9 Months

• First Time Investor: 12 Months

And for each additional financed property owned, an additional 2 months to the above requirements is needed, with a maximum of 12 months required.

However, under the Spectrum DSCR Product for First Time Investors, it specifically requires 12 mo subject property only.

In summary, Apex requires 12 months of reserves for First Time Investors.

Source found: True | Expected source: Apex Matrix

Retrieved chunks (3):

1. Montage Matrix v 1.0 (01-01-2026).pdf (score: 0.890)

   . SOFR - 3.75% Margin/Floor Max CLTV Rural <10 acres **Must be prior apvd*ReservesLoan Amount Months Required*≤$500k 3 months >$500k-$1.5MM 6 months >$1.5MM 9 months First Time Investor 12 months Additional 2 months to above requirement for each addl property financed (12 mo. max)...

2. Apex Matrix v 1.0 (01-01-2026).pdf (score: 0.794)

   Contents ### Page 1 Apex Prime (Owner Occupied Primary Residence) Effective Date: 01/01/2026 | V1.0 Maximum LTVs Purch / RT Refi • US Citizens • 12 or 24 Months consecutive stmts req'd • Max LTV 80% • Max 50% DTI *PITIA for fully amortized and ITIA for I/O≤60% LTV Unlimited >60% LTV $1.5MM 1x30x1...

3. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.617)

   11.2 First Time Investors First Time Investors are borrowers who do not meet the definition of an experienced investor. First Time Investors are permitted as follows: - • Loan amounts ≤$2,000,000 - • FICO ≥ 700 - • Minimum 1.00 DSCR - • 5% LTV reduction - • months reserves - • No gift fu...

Tags: reserves, investor

cashout-1 — PASS

Question: What is the maximum cash-out amount if my LTV is 65%?

Expected: $1.5MM (over 60% LTV cap is $1.5MM)

AI Answer: Based on the provided documents, specifically the "Spectrum Matrix (01-01-2026) v1.0.md" document, it appears that if your LTV is 65%, the maximum cash-out amount is limited.

According to the "Cash-Out Limits" section:

Since your LTV is 65%, which is greater than 60%, the maximum cash-out amount is $1.5MM.

Additionally, you can also refer to the "Montage Matrix v 1.0 (01-01-2026).pdf" document, which provides more detailed information on cash-out limits based on loan amount and FICO score. However, the $1.5MM limit seems to be a general guideline across the provided documents.

It is recommended to review the specific program guidelines and consult with the lender for more detailed information and to confirm the maximum cash-out amount for your specific situation.

Source found: True | Expected source: Apex Matrix

Retrieved chunks (3):

1. Montage Matrix v 1.0 (01-01-2026).pdf (score: 0.979)

   Page 2 Effective Date: 01/01/2026 | V1.0 Maximum LTVs Purch / RT Refi Cash Out LTV/CLTV* LTV/CLTV*• Max LTV 80% • Max 50% DTI *PITIA for fully amortized and ITIA for I/O≤60% LTV Unlimited >60% LTV $1.5MM 1 x 30 x 12 -5% LTV 24mo-48mo -5% LTVPurch RT Refi Warrantable Condo 85%LTV/CLTV LTV/CLTV No...

2. Apex Matrix v 1.0 (01-01-2026).pdf (score: 0.973)

   Page 3 Effective Date: 01/01/2026 | V1.0 Maximum LTVs Purch / RT Refi Cash Out LTV/CLTV* LTV/CLTV*• 12 or 24 Months consecutive stmts req'd • Max LTV 80% • Max 50% DTI *PITIA for fully amortized and ITIA for I/O≤60% LTV Unlimited >60% LTV $1.5MM • Single Borrower Exposure • Residency Qualificati...

3. Montage Matrix v 1.0 (01-01-2026).pdf (score: 0.966)

   Page 3 Effective Date: 01/01/2026 | V1.0 Maximum LTVs Purch / RT Refi Cash Out • US CitizensLTV/CLTV* LTV/CLTV* • Permanent Resident Aliens • Non-Permanent Resident Aliens • Max LTV 80% • Max 50% DTI *PITIA for fully amortized and ITIA for I/O≤60% LTV Unlimited >60% LTV $1.5MM • Residency Qualif...

Tags: cashout

fico-min-1 — PASS

Question: What is the minimum FICO score for any FundLoans loan program?

Expected: 660 for Apex and Montage, 660 for Spectrum

AI Answer: The minimum FICO score for any FundLoans loan program varies depending on the program.

In the Apex Matrix, the minimum FICO score is 660.

In the Spectrum Matrix, for DSCR loans, the minimum FICO score is 660 for loan amounts over $1MM to $1.5MM and 700 for loan amounts over $3MM to $4MM for DSCR >= 1.00.

In the Portfolio Guidelines, there is no explicit mention of a minimum FICO score, but it does mention that for Super Jumbo (Apex/Montage), the FICO minimum is 700 for all borrowers.

However, across all the documents, the lowest minimum FICO score mentioned is 660.

Therefore, the minimum FICO score for any FundLoans loan program is 660.

Source found: True | Expected source: Portfolio Guidelines

Retrieved chunks (3):

1. Portfolio Guidelines v1.0 (1-1-2026).md (score: 0.996)

   4.1 Analysis of Credit Credit must meet FundLoans eligibility requirements described in this section. For any scenario or guideline not addressed or contained herein, FNMA credit guidelines will apply. ## 4.2 General Requirements Underwriting must document that the borrower does not qualif...

2. Portfolio Guidelines v1.0 (1-1-2026).md (score: 0.993)

   Flood Insurance: Flood insurance coverage is required when a loan is secured by a property located in a Special Flood Hazard Area (SFHA), or a Coastal Barrier Resources System (CBRS) or Otherwise Protected Area (OPA). FundLoans follows Fannie Mae Guidelines in regards to Flood Insurance Cov...

3. Spectrum Matrix (01-01-2026) v1.0.pdf (score: 0.991)

   : 75% • DSCR ≥ .75 Only • Borrowers not meeting Investor Experience are eligible if:≥ 700 FICO / >1.0 DSCR / <$2m Loan Amount / 5% LTV reduction / No gift funds / 12 mo reservesC/O & R/T FN65 65 • US Citizen • Permanent & Non-Permanent Res Alien • FN See guidelines for Visa/Credit requirement • Loan...

Tags: fico, eligibility

max-loan-1 — PASS

Question: What is the maximum loan amount FundLoans will fund?

Expected: $6,000,000

AI Answer: According to the provided documents, the maximum loan amount FundLoans will fund is $6,000,000. This information is mentioned in several documents, including:

• Apex Matrix v 1.0 (01-01-2026).pdf
• Montage Matrix v 1.0 (01-01-2026).pdf
• Apex Matrix v 1.0 (01-01-2026).md
• Montage Matrix v 1.0 (01-01-2026).md

All of these documents consistently state that the maximum loan amount is $6,000,000.

Source found: True | Expected source: Portfolio Guidelines

Retrieved chunks (3):

1. Apex Matrix v 1.0 (01-01-2026).pdf (score: 0.498)

   : 01/01/2026 | V1.0680up to $1 MM >$1 MM to $1.5 MM680 80FICO • Permanent Resident Aliens 700 85 75 • Non-Permanent Resident Aliens 80Eligible Borrowers75 45 I/O max 0x30x12 Credit Event 48 mo.DTI• Impounds, High-Cost Loans, & Loan Cost Tolerance • Interested Party Contributions • Rural Property Lim...

2. Spectrum Matrix (01-01-2026) v1.0.md (score: 0.496)

   Spectrum Matrix — FundLoans ## DSCR Program (Investment Properties Only) Effective Date: 01/01/2026 | V1.0 --- ## Maximum LTVs — DSCR >= 1.00 | Loan Amount | FICO | Purchase | Rate/Term | Cash Out | |---|---|---|---|---| | <=1MM | 740+ | 80 | 80 | 75 | | | 720 | 80 | 80 | 75 | | | 700 | 75 ...

3. Portfolio Guidelines v1.0 (1-1-2026).md (score: 0.183)

   State Specific Acquisition Guidance FundLoans will not fund loans with prepayment penalties in the following states: - Alaska, Kansas, Minnesota, New Mexico, North Dakota and - Maryland when a Note is contracted under the Usury Laws (either explicitly or if Choice of Law is not stated) ...

Tags: loan-amount

min-loan-1 — PASS

Question: What is the minimum loan amount for a Spectrum DSCR loan?

Expected: $200,000 (Spectrum min is $200K vs $300K for Apex/Montage)

AI Answer: The minimum loan amount for a Spectrum DSCR loan is $200,000. This information is based on the provided documents, specifically the "Spectrum Matrix (01-01-2026) v1.0.md" document, which lists the "Program Min" as $200,000.

Source found: True | Expected source: Spectrum Matrix

Retrieved chunks (3):

1. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.999)

   11.2 First Time Investors First Time Investors are borrowers who do not meet the definition of an experienced investor. First Time Investors are permitted as follows: - • Loan amounts ≤$2,000,000 - • FICO ≥ 700 - • Minimum 1.00 DSCR - • 5% LTV reduction - • months reserves - • No gift fu...

2. Spectrum Matrix (01-01-2026) v1.0.pdf (score: 0.999)

   : 75% • DSCR ≥ .75 Only • Borrowers not meeting Investor Experience are eligible if:≥ 700 FICO / >1.0 DSCR / <$2m Loan Amount / 5% LTV reduction / No gift funds / 12 mo reservesC/O & R/T FN65 65 • US Citizen • Permanent & Non-Permanent Res Alien • FN See guidelines for Visa/Credit requirement • Loan...

3. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.999)

   11.0 Debt Service Coverage Ratio (Spectrum) For DSCR loans, borrowers are not required to disclose employment information on the application (Form 1003). Income derived from regular employment, retirement or other investments should not be disclosed and taxreturns are not required. The applicati...

Tags: spectrum, loan-amount

borrower-1 — PASS

Question: Are foreign nationals eligible for FundLoans programs?

Expected: Only under the DSCR/Spectrum program

AI Answer: Foreign nationals are eligible for FundLoans, but only under the DSCR (Debt Service Coverage Ratio) program. To be eligible, the foreign national must:

1. Be a citizen of a country other than the United States and reside outside of the U.S.
2. Not be a naturalized U.S. citizen.

Additionally, foreign nationals from certain countries are eligible, including:

• Canada
• Caribbean (except Cuba)
• China (except Hong Kong)
• Europe (except Balkan Region, Belarus, Russia, and certain regions of Ukraine)
• Latin America (except Nicaragua)
• South America (except Venezuela)

Foreign nationals from countries comprehensively sanctioned by OFAC (currently Cuba, Iran, North Korea, Syria, and certain regions of Ukraine) are ineligible.

It's also important to note that foreign national borrowers must meet specific requirements, such as:

• Providing evidence of three active credit trade lines with a 2-year history from their country of origin
• Having 12 months of PITIA reserves plus two months for each additional property
• Sourcing and seasoning funds for down payment, closing costs, and reserves for 60 days
• Having a maximum loan exposure of two FundLoans loans

All foreign national loans are considered investment properties, and gift funds are ineligible for this program.

Please consult the FundLoans guidelines or contact FundLoans directly for more information on their foreign national program.

Source found: True | Expected source: Portfolio Guidelines

Retrieved chunks (3):

1. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.984)

   3.0 ELIGIBILITY ## 3.1 Eligible Borrowers All borrowers on loans funded by FundLoans will be individual, natural persons. - • U.S. Citizens (as defined by USCIS) - • Permanent Resident Aliens: An individual who is not a U.S. Citizen but maintains legal, permanent residency in the United Stat...

2. Portfolio Guidelines v1.0 (1-1-2026).md (score: 0.924)

   3.1 Eligible Borrowers All borrowers on loans funded by FundLoans will be individual, natural persons. - U.S. Citizens (as defined by USCIS) - Permanent Resident Aliens: An individual who is not a U.S. Citizen but maintains legal, permanent residency in the United States. Documentat...

3. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.845)

   Page 49 - - o The letter must mention the borrower by name - - o Name, title & contact information of the person signing the letter must be included - - o Currency must be converted to U.S. Dollars and signed and dated by certified translator - • Credit report and reference letters must ...

Tags: eligibility, foreign-national

housing-1 — PASS

Question: What is the minimum housing history requirement for FundLoans?

Expected: 12 months minimum, 0x30x12 (no 30-day lates in 12 months)

AI Answer: The minimum housing history requirement for FundLoans is 12 months of housing payments, as stated in the guidelines.

According to the guidelines, acceptable housing history requires evidence that a borrower has made a housing payment for at least the last 12 months, whereby that payment history meets the requirements of the Spectrum Program Credit Matrix.

Additionally, for DSCR Doc type, housing history is limited to verifying the borrower’s primary residence and the subject property if a refinance transaction. Properties owned free and clear are considered 0x30 for grading purposes for each month the property has been owned free and clear.

It's also worth noting that borrowers who have not made at least 12 months of housing payments on any property in the most recent 12 months are subject to specific restrictions and requirements, such as providing a Verification of Mortgage (VOM) or a Verification of Rent (VOR) and meeting specific debt-to-income ratio and loan-to-value ratio requirements.

There are some exceptions and additional requirements for certain situations, such as borrowers living rent-free at their primary residence, borrowers with no housing history or less than 12 months verified, and borrowers with past due balloon payments on existing mortgages.

It's recommended to review the full guidelines for more detailed information and specific requirements.

Source found: True | Expected source: Portfolio Guidelines

Retrieved chunks (3):

1. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.982)

   • • Properties owned free and clear are considered 0x30 for grading purposes for each month the property has been owned free and clear (e.g. a property owned free and clear for the last 12 months satisfies the housing history requirement). Documentation verifying free and clear is required such as p...

2. Portfolio Guidelines v1.0 (1-1-2026).md (score: 0.950)

   11.5 No Housing History or Less Than 12 Months Verified This section applies to any borrower who has not made at least 12 months of housing payments on any property (or as a tenant in a rental situation) in the most recent 12 months. Borrowers who live rent free at their primary residence are n...

3. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.940)

   4.2.9 Mortgage Forbearance, Deferral, Modification - - - - • Forbearance, Deferral or Modification completed or reinstated more than 12-months from the note ### Page 23 - - - - date and having 0x30x12 Housing History is allowed. Examples include:date and having 0x30x12 Housing H...

Tags: credit, housing

dti-1 — PASS

Question: What is the maximum DTI ratio allowed under FundLoans programs?

Expected: 50% max DTI

AI Answer: The maximum DTI (Debt-to-Income) ratio allowed under FundLoans programs is 50%. This is stated in the FundLoans guidelines, specifically in section 9.0 Monthly Debt, which mentions that "The maximum allowable DTI varies depending on the loan program but will never exceed 50%." Borrowers can refer to the FundLoans Credit Matrix for specific maximum allowable DTI ratios for each loan program.

Additionally, the Apex Matrix and Montage Matrix provide more detailed information on DTI ratios for specific loan programs, but 50% is the maximum across programs.

For example, the Apex Matrix states that for loan amounts up to $1MM, the maximum DTI is 45% for 700 FICO and 50% for 720 FICO. Similarly, the Montage Matrix states that for loan amounts up to $1MM, the maximum DTI is 55% for 700 FICO and 50% for 740 FICO.

However, it is essential to review the specific loan program requirements and consult with FundLoans or a licensed broker for more detailed information on DTI ratios for a particular loan program.

In general, though, 50% is the maximum DTI ratio allowed.

Source found: True | Expected source: Portfolio Guidelines

Retrieved chunks (3):

1. Portfolio Guidelines v1.0 (1-1-2026).md (score: 0.967)

   9.0 Monthly Debt - DTI = total monthly debt ÷ total monthly gross income. - Monthly debt service used to calculate DTI must include the following: - Monthly mortgage principal and interest, hazard and flood insurance, real estate taxes, special assessments, association dues and any s...

2. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.963)

   8.0 Departing Residence # 9.0 Monthly Debt - • DTI = total monthly debt ÷ total monthly gross income. - • Monthly debt service used to calculate DTI must include the following: - - o Monthly mortgage principal and interest, hazard and flood insurance, real estate taxes, special assessments, as...

3. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.939)

   Portfolio Guidelines v1.0 (1-1-2026).pdf ## Metadata - PDFFormatVersion=1.6 - Language=EN-US - IsLinearized=true - IsAcroFormPresent=false - IsXFAPresent=false - IsCollectionPresent=false - IsSignaturesPresent=false - Author=semone aye - Custom=[object Object] - CreationDate=D:20251230111207-07'00...

Tags: dti

edge-boundary-1 — PASS

Question: I have a 680 FICO and want a $2 million Apex investment loan. What is my max LTV for a purchase?

Expected: 75% (>$1.5MM to $2MM tier, 680 FICO row) for purchase/RT refi

AI Answer: Based on the Apex Prime — Investor documentation provided, for a $2 million investment loan with a 680 FICO, the maximum LTV for a purchase is 75%.

This is derived from the "Apex Prime — Investor" section under "Maximum LTVs (12 or 24 Months Bank Statements)" where it shows for loan amounts >$1.5 MM to $2 MM, with a FICO of 680, the Purch / RT Refi LTV/CLTV is 75.

Source found: True | Expected source: Apex Matrix

Retrieved chunks (3):

1. Apex Matrix v 1.0 (01-01-2026).md (score: 0.988)

   Apex Prime — Investor ### Maximum LTVs (12 or 24 Months Bank Statements) | Loan Amount | FICO | Purch / RT Refi LTV/CLTV* | Cash Out LTV/CLTV* | |---|---|---|---| | up to $1 MM | 740 | 85 | 75 | | | 720 | 85 | 75 | | | 700 | 85 | 75 | | | 680 | 80 | 75 | | | 660 | 80 | 75 | | >$1 MM to $1.5 MM ...

2. Apex Matrix v 1.0 (01-01-2026).pdf (score: 0.987)

   Page 2 Maximum LTVs Purch / RT Refi Cash Out LTV/CLTV** LTV/CLTV**• 12 or 24 Months consecutive stmts req'd • Max LTV 80% • Max 50% DTI *PITIA for fully amortized and ITIA for I/O Unlimited $1.5MM 1x30x12 - 5% LTV 24mo-48mo -5% LTVPurch RT Refi LTV/CLTV LTV/CLTV65 60 60 55 55 50 Warrantable Cond...

3. Apex Matrix v 1.0 (01-01-2026).md (score: 0.977)

   Apex Prime — Second Home ### Maximum LTVs (12 or 24 Months Bank Statements) | Loan Amount | FICO | Purch / RT Refi LTV/CLTV** | Cash Out LTV/CLTV** | |---|---|---|---| | up to $1 MM | 700 | 85 | 75 | | | 680 | 80 | 75 | | | 660 | 80 | 70 | | >$1 MM to $1.5 MM | 740 | 80 | 75 | | | 720 | 80 | 75...

Tags: apex, edge-case, boundary

edge-na-1 — PASS

Question: Can I get a cash-out refinance on a $2.8 million Apex investment property with 680 FICO?

Expected: Not eligible (N/A) — cash out not available at that FICO/loan amount combination

AI Answer: Based on the Apex Matrix v 1.0 (01-01-2026).md document, for an investment property with a loan amount of $2.8 million and a FICO score of 680, the maximum LTV/CLTV for a cash-out refinance is 65%.

To determine if a cash-out refinance is possible, we need to know the current value of the property. If the property value is $4.31 million or higher, then the LTV would be 65% or lower, and a cash-out refinance might be possible.

Additionally, the Apex Matrix v 1.0 (01-01-2026).md document states that for loan amounts between $2.5 MM to $3 MM, with a FICO score of 680, the maximum LTV/CLTV for a cash-out refinance is 70%, but it is not applicable in this scenario as $2.8 million falls into the $2.5 MM to $3 MM range but 680 FICO has N/A for cash out.

However, it is recommended to review the guidelines and consult with a lender or financial expert to get a more accurate and detailed analysis of the loan options.

In general, lenders may have different requirements and restrictions, and the loan terms may vary based on individual circumstances.

To provide a definitive answer, more information about the property value would be required.

For reference, here are some general guidelines from the Apex Matrix:

The 'N/A' notation means that this specific scenario is not allowed according to this matrix.

Please verify with the lender for the most up-to-date information.

Source found: True | Expected source: Apex Matrix

Retrieved chunks (3):

1. Apex Matrix v 1.0 (01-01-2026).pdf (score: 0.737)

   Page 2 Maximum LTVs Purch / RT Refi Cash Out LTV/CLTV** LTV/CLTV**• 12 or 24 Months consecutive stmts req'd • Max LTV 80% • Max 50% DTI *PITIA for fully amortized and ITIA for I/O Unlimited $1.5MM 1x30x12 - 5% LTV 24mo-48mo -5% LTVPurch RT Refi LTV/CLTV LTV/CLTV65 60 60 55 55 50 Warrantable Cond...

2. Montage Matrix v 1.0 (01-01-2026).pdf (score: 0.619)

   . Min FICO 660 Max LTV: Purchase & R/T 90Credit Restrictions (Based off max LTV)Housing Lates FC/BK/SS/DIL/MODEligible Borrowers• US Citizens≤$500k 3 months >$500k-$1.5MMReservesLoan Amount Months Required* 75 65 700 55 Fixed Terms 5/6 Mo SOFR ARM (2/1/5 Caps) **All loan >$4mm on a case-by-case basi...

3. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.586)

   Page 14 ### 3.5.3 Cash-out Refinance Transactions Proceeds from the transaction used for any refinance that does not meet the definition of a rate/term transaction. A mortgage secured by a property currently owned free and clear is considered cash-out. The payoff of delinquent real estate ...

Tags: apex, edge-case, not-eligible

edge-casebycase-1 — PASS

Question: What happens with Apex P&L Only loans over $3 million?

Expected: Case-by-case review required; all loans >$4MM require prior submission review

AI Answer: According to the Apex Matrix v 1.0 (01-01-2026), for Apex P&L Only loans over $3 million, the guidelines state that loans over $3 million to $6 million are subject to case-by-case consideration. There is no specific LTV (Loan-to-Value) or CLTV (Combined Loan-to-Value) provided for these loan amounts.

Additionally, it is noted that all loans over $4 million are subject to prior submission review and case-by-case basis only.

It's best to consult with FundLoans or a qualified professional for specific guidance on these loan programs.

Source found: True | Expected source: Apex Matrix

Retrieved chunks (3):

1. Apex Matrix v 1.0 (01-01-2026).md (score: 0.939)

   P&L Only — Owner Occupied Primary Residence | Loan Amount | FICO | Purch / RT Refi LTV/CLTV | Cash Out LTV/CLTV | |---|---|---|---| | up to $1 MM | 740 | 80 | 70 | | | 720 | 75 | 70 | | | 700 | 75 | 70 | | >$1 MM to $1.5 MM | 740 | 75 | 70 | | | 720 | 75 | 70 | | | 700 | 75 | 70 | | >$1.5 MM to...

2. Apex Matrix v 1.0 (01-01-2026).md (score: 0.723)

   P&L Only — Second Home | Loan Amount | FICO | Purch / RT Refi LTV/CLTV | Cash Out LTV/CLTV | |---|---|---|---| | up to $1 MM | 740 | 75 | 65 | | | 720 | 70 | 65 | | | 700 | 70 | 60 | | >$1 MM to $1.5 MM | 740 | 70 | 65 | | | 720 | 70 | 65 | | | 700 | 70 | 60 | | >$1.5 MM to $2 MM | 740 | 70 | 6...

3. Portfolio Guidelines v1.0 (1-1-2026).pdf (score: 0.677)

   Portfolio Guidelines v1.0 (1-1-2026).pdf ## Metadata - PDFFormatVersion=1.6 - Language=EN-US - IsLinearized=true - IsAcroFormPresent=false - IsXFAPresent=false - IsCollectionPresent=false - IsSignaturesPresent=false - Author=semone aye - Custom=[object Object] - CreationDate=D:20251230111207-07'00...

Tags: apex, edge-case, case-by-case

Pass Rate by Category