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Get the inside detail on how to most effective use this product as a Green Tree Correspondent.
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Hom
epat
hH
omep
ath
"Not
ice:
Ple
ase
note
that
this
is n
ot a
clie
ntof
fer o
r sol
icita
tion
for a
ll lo
an p
rodu
cts
liste
d.A
ll lo
ans
subm
itted
for p
urch
ase
by G
reen
Tre
e S
ervi
cing
LLC
(“G
reen
Tre
e”)
mus
t be
elig
ible
for p
urch
ase
by G
reen
Tre
e an
d be
in fu
ll co
mpl
ianc
e w
ith th
e G
reen
Tr
ee L
oan
Prod
uct M
atrix
and
Gre
en T
ree
Clie
nt C
ontra
ct fo
r eac
hap
prov
ed c
lient
."
5/13
/201
32
WEL
CO
ME
YO
U’V
E G
OT
QU
ES
TIO
NS…
WE
’VE
GO
T A
NS
WE
RS.
(IF Y
OU
CA
N’T
HE
AR
US
…W
E’R
E U
SIN
G P
HO
NE
LI
NE
S, N
OT
MIC
OR
SP
EA
KE
RS
)
TO A
SK
A Q
UE
STI
ON
DU
RIN
G T
HE
S
ES
SIO
N, S
ELE
CT
THE
CH
AT
OR
IC
ON
, TY
PE
YO
UR
QU
ES
TIO
N A
ND
S
EN
D IT
TO
TH
E H
OS
T. Y
OU
MA
Y
ALS
O P
RE
SS
#6
ON
YO
UR
PH
ON
E K
EY
P
AD
TO
UN
MU
TE Y
OU
R L
INE
, AN
D
AS
K Y
OU
R Q
UE
STI
ON
DIR
EC
TLY
TO
TH
E H
OS
T.
?
5/13
/201
33
Age
nda
•Wha
t are
the
Hom
ePat
hP
rodu
cts?
•AU
S a
nd Q
ualif
icat
ions
•Hig
h B
alan
ce O
ptio
n•F
AQ
’s•Q
uest
ions
5/13
/201
34
Wha
t is
Hom
ePat
h?
•A
pro
gram
des
igne
d to
mov
e R
EO
hom
es•
The
bene
fits
incl
ude:
›Lo
w d
own
paym
ent a
nd fl
exib
le m
ortg
age
term
s (fi
xed-
rate
, ad
just
able
-rat
e)
›Av
aila
ble
for o
wne
r occ
upie
d, s
econ
d an
d in
vest
men
ts
›D
own
paym
ent o
f at l
east
3 p
erce
nt c
an b
e fu
nded
by:
borro
wer
s ow
n sa
ving
s;
Gift
s (if
no
min
imum
inve
stm
ent r
equi
red)
›N
o m
ortg
age
insu
ranc
e›
No
appr
aisa
l fee
s
5/13
/201
35
Ava
ilabl
e Te
rms
•Fi
xed
Opt
ions
:›
Con
form
ing
Lim
its
8-30
Yea
r Fix
ed
›H
igh
Bal
ance
Lim
its
20 Y
ear F
ixed
Hig
h Ba
lanc
e
30 Y
ear F
ixed
Hig
h Ba
lanc
e
•Ar
m O
ptio
ns:
›C
onfo
rmin
g Li
mits
5/1
LIB
OR
7/1
LIB
OR
›H
igh
Bal
ance
Lim
its
5/1
LIB
OR
5/13
/201
36
Tran
sact
ion
Type
and
Occ
upan
cies
•P
urch
ase
ON
LY o
f:›
Prim
ary
Res
iden
ce›
Seco
nd H
omes
›In
vest
men
t Pro
perti
es
5/13
/201
37
Elig
ible
Pro
perty
Typ
es
1-4
units
PU
D's
Fan
nie
Mae
War
rant
able
Con
do's
F
anni
e M
ae W
arra
ntab
le w
ith s
peci
al c
avea
ts
Mod
ular
/ Pre
-Cut
Leas
ehol
d E
stat
es
Prop
ertie
s lo
cate
d in
Haw
aii,
Wes
t Virg
inia
or N
ew Y
ork
are
not p
erm
itted
.
5/13
/201
38
Con
do C
avea
ts•
Flor
ida
Con
dos
›Se
cond
hom
es a
nd In
vest
men
t pro
perti
es n
ot p
erm
itted
›Pr
imar
y R
esid
ence
-fu
ll pr
ojec
t war
rant
y re
quire
d
›E
ligib
le P
roje
ct W
arra
nty
New
and
New
ly c
onve
rted
Atta
ched
Con
dom
iniu
m p
roje
cts
–M
ust h
ave
PER
S Fi
nal
Proj
ect A
ppro
val i
ssue
d by
FN
MA
(pos
ted
on e
Fann
iem
ae.c
om)
Esta
blis
hed
Atta
ched
Con
dom
iniu
m p
roje
cts*
–M
ust h
ave
Lend
er F
ull R
evie
w
•Le
nder
is n
ot re
quire
d to
war
rant
that
the
cond
omin
ium
pro
ject
mee
ts
Fann
ie M
ae’s
pro
ject
elig
ibili
ty c
riter
ia, p
rovi
ded
that
for e
ach
mor
tgag
e se
cure
d by
a c
ondo
min
ium
uni
t. (S
ee th
e C
lient
Gui
de fo
r the
pol
icy
on
Con
dom
iniu
m C
ompa
rabl
es)
•Th
e Le
nder
mus
t pro
vide
evi
denc
e of
:ad
equa
te h
azar
d/ho
meo
wne
rs
flood
if a
pplic
able
and
that
fide
lity
insu
ranc
e ex
ists
.
5/13
/201
39
Elig
ible
Bor
row
ers
•U
S C
itize
ns
•Pe
rman
ent R
esid
ent A
liens
›Pr
ovid
e Al
ien
Reg
istra
tion
Car
d if
borr
ower
is n
ot li
ving
in th
eU
.S.
•N
on-P
erm
anen
t Res
iden
t Alie
n›
Mus
t be
a le
gal r
esid
ent o
f the
U.S
. as
evid
ence
d by
soc
ial
secu
rity
num
ber
›M
ust b
e em
ploy
ed in
the
U.S
.›
Tax
Iden
tific
atio
n N
umbe
r (TI
N) i
s no
t acc
epta
ble
AU
S a
nd Q
ualif
icat
ions
AU
S a
nd Q
ualif
icat
ions
5/13
/201
311
Aut
omat
ed R
equi
rem
ents
•U
nder
writ
ing
thro
ugh
DU
is re
quire
d›
DU
reco
mm
enda
tion
of A
ppro
ve/E
ligib
le
•Th
e fo
llow
ing
DU
mes
sage
s m
ay b
e di
sreg
arde
d,
prov
ided
that
the
loan
com
plie
s w
ith a
ll H
omeP
ath
Mor
tgag
e re
quire
men
ts:
›An
y m
essa
ge re
latin
g to
am
ount
of M
I req
uire
d›
Any
mes
sage
that
say
s th
e m
axim
um a
llow
able
inte
rest
ed-p
arty
co
ntrib
utio
n ha
s be
en e
xcee
ded
on p
rinci
pal r
esid
ence
or s
econ
d ho
me
with
LTV
>90
%›
Any
mes
sage
rela
ted
to th
e le
vel o
f fie
ldw
ork
reco
mm
enda
tion
5/13
/201
312
Qua
lifyi
ng a
nd R
atio
s
Fixe
d R
ate
& LI
BOR
AR
MS
Fully
Am
ortiz
ing
Fixe
d R
ate
7/1
5/1
Qua
lify
at N
ote
rate
.Q
ualif
y us
ing
the
grea
ter o
f the
fully
-in
dexe
d, fu
lly-a
mor
tizin
g ra
te o
r Not
e ra
te +
2.
0%.
Rat
ios
are
eval
uate
d by
DU
to
a m
axim
um 5
0% D
TI
5/13
/201
313
Fixe
d R
ate
LTV
s/S
core
Req
uire
men
ts
5/13
/201
3
AR
M L
TVs/
Sco
re R
equi
rem
ents
5/13
/201
315
Sec
onda
ry F
inan
cing
•Is
Per
mitt
ed›
Ref
er to
LTV
cha
rts fo
r lim
itatio
ns
***D
PA
Pro
gram
s ar
e N
OT
perm
itted
***
5/13
/201
316
Und
erw
ritin
g A
utho
rity
•D
eleg
ated
›In
divi
dual
loan
am
ount
s <=
$1
mill
ion
›G
reen
Tre
e fir
st a
nd s
econ
d lie
ns: M
axim
um c
ombi
ned
loan
am
ount
<=
$1 m
illio
n
›G
reen
Tre
e fir
st a
nd o
ther
lend
er s
econ
d lie
ns: M
axim
um c
ombi
ned
loan
am
ount
<=
$1.2
5 m
illio
n
›G
reen
Tre
e to
tal o
vera
ll ex
posu
re w
ith a
bor
row
er <
= $1
.5 m
illio
n
Tota
l ove
rall
expo
sure
incl
udes
all
Gre
en T
ree
liens
on
all p
rope
rties
ow
ned
by th
e bo
rrow
er
•C
ondi
tiona
l Del
egat
ed
›H
igh
Bala
nce/
Supe
r Con
form
ing
loan
pro
duct
s ar
e no
t elig
ible
›In
divi
dual
loan
am
ount
<=
$650
,000
›G
reen
Tre
e fir
st a
nd s
econ
d lie
ns: M
axim
um c
ombi
ned
loan
am
ount
<=
$650
,000
›G
reen
Tre
e fir
st a
nd o
ther
lend
er s
econ
d lie
ns: M
axim
um c
ombi
ned
loan
am
ount
<=
$1 m
illio
n
›G
reen
Tre
e to
tal o
vera
ll ex
posu
re w
ith a
bor
row
er <
= $1
milli
on
Tota
l ove
rall
expo
sure
incl
udes
all
Gre
en T
ree
liens
on
all p
rope
rties
ow
ned
by th
e bo
rrow
er
•N
on D
eleg
ated
& B
roke
r›
All
loan
s m
ust b
e su
bmitt
ed to
Gre
en T
ree
5/13
/201
317
Cre
dit
•D
U A
ppro
ve/E
ligib
le re
com
men
datio
ns o
nly.
•M
ortg
age
Del
inqu
enci
es-L
oans
will
be in
elig
ible
w
ith:
›O
ne o
r mor
e m
ortg
age/
rent
al d
elin
quen
cy o
f 60,
90,
120
,150
da
ys o
r gre
ater
repo
rted
with
in 1
2 m
onth
s of
the
date
of t
he
cred
it re
port.
›Sh
ort p
ayof
f rel
ated
to a
del
inqu
ent m
ortg
age
oblig
atio
n w
ithin
th
e la
st s
even
yea
rs
›Pa
rtici
patio
n in
a re
stru
ctur
e of
the
mor
tgag
e du
e to
del
inqu
ency
.R
equi
res
48 m
onth
per
iod
to re
-est
ablis
h cr
edit
5/13
/201
318
Ban
krup
tcy/
Fore
clos
ures
•Sta
ndar
d co
nfor
min
g ba
nkru
ptcy
and
fore
clos
ure
guid
elin
es a
pply
. R
efer
to th
e C
orre
spon
dent
Fu
ndin
g C
lient
Gui
de (C
hapt
er 6
F) fo
r mor
e de
tails
.›
Cha
pter
7 B
ankr
uptc
yA
min
imum
of f
our y
ears
mus
t hav
e el
apse
d si
nce
the
date
of t
he
disc
harg
e or
dis
mis
sal o
f ban
krup
tcy
›C
hapt
er 1
3 B
ankr
uptc
yA
min
imum
of t
wo
year
s m
ust h
ave
elap
sed
sinc
e th
e da
te o
f the
di
scha
rge
of b
ankr
uptc
y
5/13
/201
319
Bor
row
er In
vest
men
t•
No
min
imum
bor
row
er in
vest
men
t req
uire
d w
hen:
›1
unit
Prim
ary
Res
iden
ce (e
xclu
ding
Hig
h B
alan
ce M
ortg
ages
> 8
0%)
›2-
4 un
its <
80%
›Se
cond
Hom
es<
80%
•5%
Inve
stm
ent f
rom
bor
row
ers
own
fund
s re
quire
d w
hen:
›2
–4
units
Prim
ary
Res
iden
ce >
80%
›H
igh
Bal
ance
Prim
ary
Res
iden
ce >
80%
›Se
cond
Hom
es >
80%
›Al
l Inv
estm
ent P
rope
rties
•Se
ller C
ontri
butio
ns: B
asis
for t
he li
mit
is b
ased
on
CLT
V ra
tio
›P
rimar
y R
esid
ence
and
Sec
ond
Hom
es
6% fo
r CLT
V >
75%
9% fo
r CLT
V <
75%
›In
vest
men
t Pro
perti
es
2%
5/13
/201
320
Gift
s an
d R
eser
ves
•G
ifts
›Pr
imar
y R
esid
ence
and
Sec
ond
Hom
es
Acc
epta
ble
prov
ided
Bor
row
er In
vest
men
tis
met
.
The
Borro
wer
Inve
stm
ent i
s w
aive
d on
prim
ary
resi
denc
es a
nd s
econ
d ho
mes
whe
n gi
ft fu
nds
redu
ce
the
LTV/
CLT
V to
<80
%.
›In
vest
men
t Pro
perti
es
Gift
s ar
e no
t per
mitt
ed.
•R
eser
ves
›Ad
ditio
nal r
eser
ves
may
be
requ
ired
by D
U b
ased
on
risk.
›Pr
imar
y R
esid
ence
1 –
4 un
its –
Follo
w D
U
If ei
ther
the
borro
wer
’s p
rimar
y re
side
nce
is fo
r sal
e, b
ut th
e sa
le w
ill no
t clo
se b
efor
e th
e N
ote
Dat
e of
th
e M
ortg
age
on th
e ne
w p
rimar
y re
side
nce,
or t
he b
orro
wer
is c
onve
rting
his
/her
prim
ary
resi
denc
e to
a
seco
nd h
ome
or In
vest
men
t pro
perty
; Six
mon
ths
PIT
IA re
serv
es re
quire
d fo
r bot
h th
e re
tain
ed a
nd
subj
ect p
rope
rties
›Se
cond
Hom
es a
nd In
vest
men
t Pro
perti
es
Follo
w D
U fo
r the
sub
ject
pro
perty
and
2 m
onth
s PI
TIA
for e
ach
addi
tiona
l fin
ance
d se
cond
hom
e or
in
vest
men
t pro
perty
5/13
/201
321
App
rais
als
•N
o ap
prai
sal i
s re
quire
d
•Th
e sa
les
pric
e of
the
prop
erty
(as
evid
ence
d by
the
sale
s co
ntra
ct b
etw
een
Fann
ie M
ae
and
the
buye
r/bor
row
er) w
ill b
e us
ed a
s th
e pr
oper
ty v
alue
for p
urpo
ses
of lo
an d
eliv
ery
and
for d
eter
min
ing
the
LTV/
CLT
V
•C
lient
is n
ot re
quire
d to
repr
esen
t and
war
rant
the
valu
e or
con
ditio
n of
the
prop
erty
•If
the
borr
ower
, at i
ts o
ptio
n, c
hoos
es to
obt
ain
an a
ppra
isal
, the
n:›
The
borro
wer
mus
t ord
er th
e ap
prai
sal f
rom
an
appr
aise
r sel
ecte
dby
the
borro
wer
(and
not
one
re
com
men
ded
by L
ende
r), a
nd th
e ap
prai
sal m
ust b
e pa
id fo
r by
the
borro
wer
out
side
of t
he lo
an
trans
actio
n.
›Le
nder
mus
t not
requ
est a
cop
y of
the
appr
aisa
l, bu
t if o
ne is
pro
vide
d by
the
borro
wer
then
it m
ust b
e in
clud
ed in
the
loan
file
with
a n
ote
that
the
appr
aisa
l was
ord
ered
by
the
borr
ower
out
side
of t
he lo
an
trans
actio
n an
d w
as n
ot re
view
ed o
r app
rove
d by
Len
der.
›Th
e pr
oper
ty v
alue
sho
wn
on th
e ap
prai
sal w
ill n
ot im
pact
the
LTV
calc
ulat
ion
›Le
nder
mus
t inf
orm
the
borro
wer
that
the
purp
ose
of th
e bo
rrow
er-o
rder
ed a
ppra
isal
and
its
cont
ents
are
for
the
use
and
info
rmat
ion
of th
e bo
rrow
er o
nly,
and
will
not
be
cons
ider
ed fo
r pur
pose
s of
the
loan
tran
sact
ion
5/13
/201
322
Mor
tgag
e In
sura
nce
•N
OT
REQ
UIR
ED!!
5/13
/201
323
FNM
A H
omeP
ath
Logo
’s
5/13
/201
324
FNM
A H
omeP
ath
–Fi
rst L
ook
•Fi
rst L
ook
for F
anni
e M
ae H
omes
›Fi
rst L
ook
is d
esig
ned
to p
rovi
de o
wne
r occ
upan
ts a
nd b
uyer
s a
“firs
t loo
k”at
Fan
nie
Mae
hom
es. U
nder
Firs
t Loo
k, F
anni
e M
ae w
ill o
nly
cons
ider
of
fers
from
ow
ner o
ccup
ants
dur
ing
the
first
15
days
a p
rope
rty is
list
ed in
th
e lo
cal m
ultip
le li
stin
g se
rvic
e (M
LS).
If th
e pr
oper
ty is
stil
l for
sal
e on
the
16th
day
, inv
esto
r offe
rs m
ay b
e su
bmitt
ed a
nd w
ill b
e co
nsid
ered
.
•N
ew F
irst L
ook
Tim
e C
lock
feat
ure:
›Th
is p
rope
rty
has
10 D
AYS
left
in F
IRS
T LO
OK
5/13
/201
325
FAQ
’s a
nd T
ips
•W
hat i
s th
e m
inim
um c
redi
t sco
re a
llow
ed?
›62
0 is
the
abso
lute
min
imum
sco
re.
Hig
her s
core
s m
ay b
e re
quire
d de
pend
ing
on L
TV; f
or e
xam
ple
a 97
%
requ
ires
a 66
0
•D
o th
ese
loan
s ha
ve to
go
thro
ugh
DO
/DU
?›
YES!
Man
ual U
nder
writ
es a
re N
OT
perm
itted
.
•Is
the
97%
LTV
opt
ion
elig
ible
for H
igh
Bal
ance
?›
NO
.
•Is
ther
e a
way
to lo
cate
hom
es th
at a
re o
wne
d by
Fan
nie
as R
EO
’s?
›YE
S! V
isit
http
://w
ww
.hom
epat
h.co
m
•Le
nder
mus
t doc
umen
t the
file
with
the
appr
opria
te p
ages
prin
ted
from
w
ww
.hom
epat
h.co
msh
owin
g th
at th
e pr
oper
ty w
as e
ligib
le fo
r Hom
ePat
h fin
anci
ng.
5/13
/201
326
Gre
en T
ree’
s H
omep
ath
Que
stio
ns?
5/13
/201
327
Furth
er In
form
atio
n
•R
efer
to:
›G
reen
Tre
e W
ebsi
te
ww
w.g
tcor
resp
onde
nt.c
om›
The
Clie
nt G
uide
›
Pro
duct
Mat
rix
•C
onta
ct:
›C
lient
Ser
vice
s
877-
700-
4622
, Opt
ion
9
Cor
resp
onde
nt_L
endi
ng@
gtor
igin
atio
ns.c
om
›Yo
ur S
ales
Dire
ctor
or A
ccou
nt E
xecu
tive
›M
icha
el.T
illm
an@
gtor
igin
atio
ns.c
om