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Agency Conforming
 
Now more flexible and competitively priced, Indymac® Agency Conforming solutions help you reach more borrowers. Programs are ideal for borrowers with limited funds for down payment or closing costs and may be customized to meet additional borrower needs.
Available Programs: go to useful education links
·  MyCommunityMortgageTM
·  Flexible 97TM

MyCommunityMortgageTM           

Program Features:
  ·  No minimum borrower contribution on one unit properties
  ·  Low mortgage insurance coverage requirements
  ·  Up to 97% LTV on one unit properties (Excluding Condominiums)
  ·  Interested party contributions up to 3%
  ·  Eligible for 2-1 temporary interest rate buydown on one and two unit property types (not available For 5 Year ARM or 5 Year Interest Only)
  ·  Income-source flexibilities, including boarder income from relatives or non-relatives

Products:
  ·  30-year Fixed (Interest Only Available)1

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Flexible 97TM

Program Features:
  ·  3% down payment
·  Flexible sources of funds may be used for down payment and/or closing costs

Products:
  ·  10, 15, 20, 25, 30 and 40-year Fixed Rate
·  30-year Fixed Rate Interest Only1
·  5/1, 7/1 and 10/1 LIBOR ARMs (Interest Only Available)2

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Useful Homebuyer and Landlord Education Links
To find a counseling agency in a specific U.S. state or territory, use the Fannie Mae Approved Housing Counselors Finder.

Or, to obtain telephone counseling, contact one of our mortgage insurance partners listed below:
·  PMI Emerging Markets
·  Radian Homeownership Counseling
·  MGIC Tele-Education
·  RMIC Pre-Home Ownership Education

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1 Ensure your applicant understands that with interest only loans, their loan balance will not decrease unless they pay more than the required interest only payment, and that their required payment will increase substantially when the amortization period begins.
2 Ensure your applicant understands that with interest only adjustable rate loans, their payment and rate may increase significantly over time, and that their loan balance will not decrease unless they pay more than the required interest only payment.

go to e-MITS now submit your loans to e-MITS now!
Community 97TM, Community Solutions 100TM, and Community Solutions 2-FamilyTM are registered trademarks of Fannie Mae.
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©2010 Indymac Federal Bank, FSB Registered trade/service marks are the property of Indymac Federal Bank, FSB and/or its subsidiaries.
  Information is intended for Mortgage Professionals only, and not for distribution to consumers, as defined by Section 226.2 of Regulation Z, which implements the Truth-In-Lending Act.
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