Interested Party Contributions
In cases where the subject property is a HomePath property, an exception to the maximum interested party contribution (IPC) limit for principal residences is permitted, as described in the table below. All other requirements related to IPCs, as described in B3-4.1-02, Interested Party Contributions (IPCs), continue to apply.
Occupancy Type |
LTV/CLTV Ratio |
Maximum IPC |
---|---|---|
Principal Residence | Greater than 90% | 6% |
For additional information, see B5-4.2-03, Loans Secured by HomePath Properties.