2026 Conventional & FHA Loan LimitsCounty Conv/FHA County Conv/FHACarson $832,750 / $575,000 Lander $832,750 / $541,287Churchill $832,750 / $541,287 Lincoln $832,750 / $541,287Clark $832,750 / $541,287 Lyon $832,750 / $638,250Douglas $832,750 / $736,000 Mineral $832,750 / $541,287Elko $832,750 / $541,287 Nye $832,750 / $541,287Esmerelda $832,750 / $541,287 Storey $832,750 / $638,250Eureka $832,750 / $541,287 Washoe $832,750 / $638,250Humboldt $832,750 / $541,287 White Pine $832,750 / $541,287P&I Payment Calculator(Amount Per $1,000)30 YearsSample Rate Factor*6.50% $6.326.75% $6.497.00% $6.657.25% $6.827.50% $6.997.75% $7.1215 YearsSample Rate Factor*6.00% $8.446.25% $8.576.50% $8.716.75% $8.857.00% $8.997.25% $9.13*Factor is amount of principal &interest payment due for every $1,000borrowed, based on correspondingSample Rate. This amount shouldnot be used to calculate a potentialmortgage payment, as other figuressuch as taxes, homeowner’s insurance,mortgage insurance, and HOA fees mayneed to be included to calculate anaccurate payment amount.VA Funding Fee(Purchases)We thank our veterans and active-duty military for their service!Down Payment 1st Time Subsequent0% 2.15% 3.30%Between 5% and 10% 1.50% 1.50%Greater than 10% 1.25% 1.25%Can be paid in cash or financed. Waived for qualified disabledvets and Active-Duty Purple Heart recipients. Must provide acertificate or military order to document Purple Heart awardon or before the date of loan closing. No Monthly MI.Low and No MoneyDown OptionsUSDA 0% DownVA 0% DownConventional 3% DownHome Ready 3% Down Home Possible 3% Down FHA 3.5% DownJumbo 10% Down(No Mortgage Insurance)Settlement TipsTitle companies and closers are typically very busy at month end since so many people try to close then. This creates delays and extra stress.Consider another week. Avoid the morning after a holiday weekend. Pick a time during the day when decision makers can be reached if there are any issues. Allow for contingencies.2026Rey GallegosNMLS 557038Regional ManagerPhone: 702-808-8328Email: [email protected]: www.apmortgage.com/rey-gallegos© American Pacific Mortgage Corporation (NMLS 1850). All information contained herein is for informational purposes only and, while every effort has been made to ensure accuracy, no guarantee is expressed or implied. Any programs shown do notdemonstrate all options or pricing structures. Rates,terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or acommitment to lend. All loans subject to underwriting approval. Someproducts maynot be available in all states and restrictions apply. EqualHousing Opportunity.Realtor Reference GuideConsidering a Condo?Condo financing is available for non-warrantable properties with as little as 20% down and up to $2 Million loan amount.Contact Card
Foreclosures, Bankruptcies and Short SalesProgram Foreclosure Bankruptcy Short SaleConventional 7 years from completionCh. 7:4 years from dischargeCh. 13:2 years from discharge; 4 years from dismissal4 years completionFHA3 years from completion; FHA pays claim & clears CAIVRSCh. 7:2 years from discharge (AUS approval)Ch. 13:1 year ofsatisfactorypayments & courtpermission3 years from completion if in default at time of sale. No seasoning if payments on time 12 months prior to short sale and 12 months preceding application dateVA 2 years from foreclosure dateCh. 7:2 yearsfrom dischargeCh. 13:1 year ofsatisfactorypayments & courtpermission2 years from completionJumbo Plus7 years from completion(Varies by investor)Ch. 7:4 years from dischargeCh. 13:2 years from discharge; 4 years from dismissal4 years from completionNon-Agency 12 months from completionCh. 13: SettledOther: 12 months from discharge/ dismissalMust be settledFHA Mortgage Insurance• 1.75% Up Front• 0.55% Annually if LTV > 95%• 0.50% Annually if LTV 95% orless• 30 Year TermsSeller ContributionsProperty Type Down Payment Maximum Seller Paid CostsConventionalPrimary or Second HomeLess than 10% 3%10% to 25% 6%25% or more 9%Investment Any Amount 2%FHAPrimary Any Amount 6%VAPrimary 0% or more4% plus reasonable customary closing costsHow to Grow your Business with Non-QM• DSCR (Debt Service Coverage Ratio)• Bank Statements• 1099Non-QM Product Features• Loan amounts from $75K - $3M• 1099 Only Options• Non-Warrantable Condos Ok• Assets for Income Only• Cash-Flow/No Personal Incomefor Investment Property• RSU – Restricted Stock Units• Retirement Funds• Max 90 LTV - No MI• Bank Statements(12-24 months - business or personal)• 40 Year Terms & 10 Year InterestOnly(30 Year Term)Options for Conventional Mortgage Insurance• Borrower Paid Monthly• Borrower Paid Single Premium• Split Premium• Lender PaidHousing RatioDebts include:• Recurring Car Payments• Student Loans• Credit Cards• Alimony Child Support• Any Other Monthly Payment ObligationsHousing PaymentBorrower’s Calculated IncomeHousing Paymentincludes:• Monthly Mortgage Principal• Interest• Taxes• Homeowners Insurance• Mortgage InsuranceTotal Debt Ratio • HOA Fees (If applicable)Housing Payment(Plus Other Debts)Borrower’s Calculated IncomeWe offer many unique ways for your client to qualify beyond traditional income sources