Corva Standard Government Matrix (FHA / VA)

Government FHA 203(b) standard purchase, streamline refinance, and VA guaranteed military mortgage program matrix.

Underwriting Specifications & Parameters

MAXIMUM LTV 96.5%
MINIMUM FICO 580
MAX LOAN LIMIT County Limit
UNDERWRITE SLA < 12 Hours

Program Highlights & Selling Points

  • FHA purchases down to 580 FICO at 96.5% LTV
  • 100% financing on VA purchase transactions with zero down payment
  • FHA Streamline and VA IRRRL streamline refinances
  • Manual underwriting permitted with compensating factors
  • Manufactured home eligibility

Program Overview & Guidelines

FHA & VA Government Lending Framework

Complete government lending suite ensuring maximum affordability and low down payment opportunities for first-time buyers and military veterans.

Official Program Guidelines & Matrix

Complete underwriting guidelines, reserve requirements, and matrix specifications (PDF).

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