The following loans are not eligible to be delivered as DU Refi Plus loans:
| • | Refinances of mortgage delivered to Fannie Mae on or after March 1, 2009.
|
| • | Loans with new subordinate financing or payoff of existing subordinate financing (re-subordination of existing financing is acceptable with DU approval).
|
| • | Adjustable rate mortgage programs with fixed-rate periods less than five (5) years.
|
| • | MyCommunityMortgage loans
|
| • | HomeStyle Renovation mortgage loans
|
| • | Loans subject to any outstanding repurchase request from Fannie Mae
|
