[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-301832-105":3,"detail-sidebar-cat-1-en-105":80,"doc-detail-301832-en":126},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","jumbo-aus-2-fixed-program-guidelines-correspondent","Jumbo AUS 2 Fixed Program Guidelines - Correspondent","","Jumbo AUS 2 Fixed Program Guidelines for correspondent lending detail program structure, products, and borrower eligibility using Fannie Mae DU findings. The guidelines cover fixed-rate options with specified terms, property-type limits, LTV/CLTV/HCLTV thresholds, credit score requirements, maximum loan amounts, and DTI caps across primary residence, second home, and investment property scenarios. Documenting requirements include IRS transcripts and appraisal ordering, review, and CDA pre-fund triggers, including conditions for additional BPO or field review when CDA outcomes constrain value conclusions.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/letters/","Letters",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/jumbo-aus-2-fixed-program-guidelines-correspondent/301832/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/jumbo-aus-2-fixed-program-guidelines-correspondent/301832.png","ImageObject",442,249,{"name":42,"@type":43},"Nguyễn Văn Học","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-09-20","2026-09-19",true,{"@type":52,"interactionType":53,"userInteractionCount":26},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"What products and loan terms are offered under Jumbo AUS 2 fixed program guidelines?","Question",{"text":62,"@type":63},"The program offers 30-year fixed rate products with term details shown for available durations in months (e.g., 240, 300, 360).","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"How does the program define borrower eligibility for different property types?",{"text":67,"@type":63},"Eligibility is determined using Fannie Mae DU findings, with specific LTV/CLTV/HCLTV thresholds, credit score requirements, maximum loan amounts, and maximum DTI caps by property type and transaction type.",{"name":69,"@type":60,"acceptedAnswer":70},"What are the appraisal requirements when DU findings indicate reduced appraisal should not be used?",{"text":71,"@type":63},"All appraisals must follow Appraiser Independence Requirements (AIR) and Plaza process rules, and reduced appraisal requirements per AUS findings are not allowed. Purchase and refinance transactions have defined full appraisal counts based on loan amount.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},301832,1789785737,{"code":4,"msg":81,"data":82},"success",[83,88,93,98,103,108,113,117,122],{"id":84,"doc_module":22,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},11,"Presentations",90,"presentations",{"id":89,"doc_module":22,"doc_module_name":25,"category_name":90,"show_sort_weight":91,"slug":92},12,"Resumes",80,"resumes",{"id":94,"doc_module":22,"doc_module_name":25,"category_name":95,"show_sort_weight":96,"slug":97},14,"Invoices",70,"invoices",{"id":99,"doc_module":22,"doc_module_name":25,"category_name":100,"show_sort_weight":101,"slug":102},15,"Posters",60,"posters",{"id":104,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},16,"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":110,"show_sort_weight":111,"slug":112},17,"Forms",40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":115,"slug":116},18,30,"letters",{"id":118,"doc_module":22,"doc_module_name":25,"category_name":119,"show_sort_weight":120,"slug":121},21,"Paper Templates",5,"papers-templates",{"id":123,"doc_module":22,"doc_module_name":25,"category_name":124,"show_sort_weight":4,"slug":125},158,"General","general-158",{"code":4,"msg":81,"data":127},{"doc_id":78,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":114,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":26,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":135,"language":136,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":12,"update_tm":79,"read_time":120},1374402739827,"https://ap-avatar.wpscdn.com/avatar/14000c97e7351f1a627?x-image-process=image/resize,m_fixed,w_180,h_180&k=1787885694763230660","Jumbo AUS 2 Fixed Program Guidelines Correspondent  \nRevised 8/18/2026 rev. 119  \n\n| Summary | The Plaza Jumbo AUS 2 program utilizes Fannie Mae DU findings and documentation for Jumbo loan amounts up to $3 million and offers 20, 25 and 30-year fixed rate products. |\n| --- | --- |\n| Products | Product Name Product Code Available Term in Months Jumbo AUS 2 30 Year Fixed JAUS2F30 240, 300, 360 |\n| Eligibility Matrix | Primary Residence Purchase and Rate/Term Refinance Property Type LTV CLTVHCLTV Credit Score Loan Amount1 Max DTI 1-Unit\u003Cbr>PUD\u003Cbr>Condo\u003Cbr>Co-op 80% 80% 700 $2,000,000 49% 80% 80% 720 $2,500,0001 49% 80% 80% 740 $3,000,0001 49% 2 Units 65% 65% 700 $1,500,000 49% 60% 60% 720 $2,000,000 49%\u003Cbr>1. First time homebuyers: Maximum loan amount $1,500,000 .\u003Cbr>Primary Residence Cash-Out Refinance Property Type LTV CLTV/HCLTV Credit Score Loan Amount Max DTI Max Cash-Out 1-Unit PUD Condo\u003Cbr>Co-op 75% 75% 700 $1,000,000 49% Per DU 80% 80% 720 $1,500,000 49% Per DU 65% 65% 720 $2,000,000 49% Per DU 60% 60% 740 $3,000,000 49% Per DU 2 Units 60% 60% 720 $1,500,000 49% Per DU\u003Cbr>Second Home Purchase and Rate/Term Refinance Property Type LTV CLTV/HCLTV Credit Score Loan Amount Max DTI 1-Unit PUD Condo\u003Cbr>Co-op 80% 80% 700 $2,000,000 1 49% 70% 70% 720 $2,500,000 1 49% 65% 65% 740 $3,000,000 1 49%\u003Cbr>1. First-Time Homebuyer: Maximum loan amount is $1,500,000\u003Cbr>Second Home Cash-Out Refinance Property Type LTV CLTV/HCLTV Credit Score Loan Amount Max DTI Max Cash-Out 1-Unit PUD Condo\u003Cbr>Co-op \u003Cbr>70% \u003Cbr>70% 720 $1,500,000 49% Per DU 55% 55% 720 $2,000,000 49% Per DU 50% 50% 740 $3,000,000 49% Per DU |\n\n\n|  |  | Investment Property1\u003Cbr>Purchase and Rate/Term Refinance |  |  |  |  |  |  |  |  |  |  |  |  |\n| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |\n|  |  | Property Type |  | LTV |  | CLTV/HCLTV |  | Credit Score |  | Loan Amount |  |  | Max DTI |  |\n|  |  | 1-Unit PUD Condo 2-4 Units |  | 80% |  | 80% |  | 700 |  | $2,000,000 |  |  | 49% |  |\n|  |  |  |  | 75% |  | 75% |  | 720 |  | $3,000,000 |  |  | 49% |  |\n|  | 1. First-Time Homebuyers not eligible. Must be arms-length transaction. |  |  |  |  |  |  |  |  |  |  |  |  |  |\n|  |  | Investment Property Cash-Out Refinance |  |  |  |  |  |  |  |  |  |  |  |  |\n|  |  | Property Type | LTV |  | CLTV/HCLTV |  | Credit Score |  | Loan Amount |  | Max DTI | Max Cash-Out |  |  |\n|  |  | 1-Unit\u003Cbr>PUD\u003Cbr>Condo\u003Cbr>2-4 Units | \u003Cbr>75% |  | \u003Cbr>75% |  | \u003Cbr>720 |  | \u003Cbr>$2,000,000 |  | 49% | Per DU |  |  |\n|  |  |  | 70% |  | 70% |  | 740 |  | $3,000,000 |  | 49% | Per DU |  |  |\n| 4506-C / Tax\u003Cbr>Transcripts | 4506-C/Tax Transcripts: A signed 4506-C will be processed and tax transcripts obtained for all borrowersand all years in which income or loss was used in the underwriting decision.\u003Cbr>• Tax transcripts for personal tax returns are required when tax returns are used to document borrower’s income or any loss and must match the documentation in the loan file.\u003Cbr>• W-2 transcripts are required to validate W-2 wages.\u003Cbr>• Transcripts must be obtained directly from the IRS via a third party.\u003Cbr>• Transcripts are not required for business tax returns. |  |  |  |  |  |  |  |  |  |  |  |  |  |\n| Appraisal | All appraisals must be ordered and processed in compliance with Appraiser Independence Requirements (AIR) . Appraisals on wholesale transactions must be ordered through a Plaza approved Appraisal Management Company (AMC) . Appraisals will be reviewed by Plaza and will also require a satisfactory CDA ordered by Plaza.\u003Cbr>Reduced appraisal requirements per AUS findings are not allowed.\u003Cbr>First Lien Loan Amount Appraisal Requirement Purchase Transactions ≤ $2,000,000 1 Full Appraisal > $2,000,000 2 Full Appraisals |  |  |  |  |  |  |  |  |  |  |  |  |  |\n|  |  | Refinance Transactions |  |  |  |  |  |  |  |  |  |  |  |  |\n|  | ≤ $1,500,000 1 Full Appraisal > $1,500,000 2 Full Appraisals\u003Cbr>Appraisal Considerations:\u003Cbr>• Follow Fannie Mae selling gu","cbCaiqelEu9Trp60","https://ap.wps.com/l/cbCaiqelEu9Trp60","pdf",523943,13,"English","# Summary\n# Products\n# Eligibility Matrix\n## Primary Residence\n## Primary Residence Cash-Out Refinance\n## Second Home Purchase and Rate/Term Refinance\n## Second Home Cash-Out Refinance\n# Investment Property\n# 4506-C / Tax Transcripts\n# Appraisal\n# ARM Adjustments\n# Assets/Down Payment/Gifts","[{\"question\":\"What products and loan terms are offered under Jumbo AUS 2 fixed program guidelines?\",\"answer\":\"The program offers 30-year fixed rate products with term details shown for available durations in months (e.g., 240, 300, 360).\"},{\"question\":\"How does the program define borrower eligibility for different property types?\",\"answer\":\"Eligibility is determined using Fannie Mae DU findings, with specific LTV/CLTV/HCLTV thresholds, credit score requirements, maximum loan amounts, and maximum DTI caps by property type and transaction type.\"},{\"question\":\"What are the appraisal requirements when DU findings indicate reduced appraisal should not be used?\",\"answer\":\"All appraisals must follow Appraiser Independence Requirements (AIR) and Plaza process rules, and reduced appraisal requirements per AUS findings are not allowed. Purchase and refinance transactions have defined full appraisal counts based on loan amount.\"}]","Jumbo AUS 2 Fixed Program Guidelines - Correspondent | PDF"]