Declining Markets Policies
Effective immediately Guaranteed Rate is revising the declining market policy for all products. Guaranteed Rate will no longer require an additional 5% reduction in LTV for all Agency Loan programs. Loans that are considered non-conforming on our Pinehurst and Doral programs will be subject to the revised declining market lists and the programs max financing requirements.
Please also review the latest list of declining markets and max financing chart.
Please feel free to contact your VP of Wholesale Lending or the Commitment Desk for further clarification if needed.
Thank you for your continued business!!