M&T offers a full array of products through its Correspondent channel in the contiguous 48 states and the District of Columbia including:
FHA 203(b):
- Standard
- High Balances
- Streamline Refinanace
A full array of Renovation products:
- 203(k) rehabilitation
- Limited 203(k)
- HomeStyle
- HomeStyle HomeReady
- Early Renovation Reviews
- 203(k) vs HomeStyle Comparison Matrix
Other government offerings:
- VA
- USDA
FHA and USDA are offered in a Delegated manner. HomeStyle is offered Non-Delegated. VA is offered both in a Delegated and Non-Delegated manner.
Other programs that are available in limited geographies include:
FHA 203(b) Manufactured Housing loans in the states of CT, DC, DE, KY, MA, MD, ME, NH, NJ, NY, OH, PA, RI, VA, VT and WV. Other restrictions:
- FHA Title II only – no single-wides
- Unit must have been built after 6-15-76
- Vehicular title must have been surrendered and the unit must be taxed as real estate
- Manufactured Housing Flyer
FHA Community in select markets in DC, DE, FL, MA, MD, NJ, NY, PA and VA:
- FHA 203(b) and 203(k)
- Borrower’s income must be at or less than 80% of the HUD Median Income OR the
property must be located in a designated LMI census tract
- FHA Community Flyer
The following Conventional and Treasury programs in the states of CT, DC, DE, KY, MA, MD, ME, NH, NJ, NY, OH, PA, RI, VA, VT and WV:
- Fannie Mae and Freddie Mac Fixed and ARMs
- Agency High Balances
- HARP: DU Refi Plus and Open Access
- M&T Portfolio Jumbo
Co-ops in the states of DC, MD, NJ, NY and VA under the following:
- Fannie Mae, including High Balances
- M&T Portfolio Jumbo
Down payment assistance (called a DPAL) from SONYMA can be partnered with first mortgages in the state of NY with the following:
- FHA Plus
- Conventional Plus
All Conventional products are offered Non-Delegated.
All products are eligible for Best Efforts deliveries. We also offer a Mandatory delivery program for FHA 203(b).