Home Mortgage
The conforming and high balance home loan programs are ideal for salaried or self-employed borrowers who can document income and assets required to qualify for the loan.
Purpose
Purchase, Refinance and Cash-Out Refinance
*Cash-out refinancing is not available in the state of Texas
Available Programs
Conventional Fixed Rate Mortgage
Terms
- Available in a variety of loan term options.
- Your interest rate and monthly principal and interest (P&I) payments remain the same for the life on the loan.
Maximum Loan Amount for Conforming Full Documentation Loans*
1 Unit $484,350
2 Unit $620,200
3 Unit $749,650
4 Unit $931,600
*High Balance loans are available in some areas that provide higher loan amount limits. Please contact one of our designated Loan Specialists for this loan program for details are based on your location. Maximum loan limits are determined by geographic area.
Maximum Loan to Value
Up to 95% depending on occupancy, property type, and loan purpose
Occupancy
Owner-Occupied/Second Home/Investment
Property Type
- Single Family Residence (1-4 units)
- Condominiums (Fannie Mae warrantable)
- Planned Unit Developments (Fannie Mae approved)
- Townhomes
Eligible Borrowers
U.S. Citizens and Permanent Residents, Non-Permanent Resident aliens with a valid Social Security Number/Tax Identification Number and proof of current legal residency in the U.S.
All rates, fees, products, and program guidelines are subject to change or discontinuance without prior notice. Other limitations and restrictions may apply. All loans are subject to East West Bank's application, underwriting, appraisal, and credit approval. Program is available in select counties of California, Georgia, Massachusetts, Nevada, New York, Texas, and Washington. Cash-out refinancing is not available in the state of Texas.