VA Loan Calculation - Patriot Pacific MLO

VA Maximum Loan Amount Worksheet

Borrower Name:

Loan Number:

VA Loan Number:

Section I - COE Information

COE Entitlement Code

Previous Entitlement Used

Active - Reserve/NG

COE Available Entitlement

Exempt/Not Exempt

First time Use

State

County

Completed By

Date of Calculation

Section I - COE Information

COE Entitlement Code

$0.00

Previous Entitlement Used

$0.00

Active - Reserve/NG

$0.00

COE Available Entitlement

$0.00

Exempt/Not Exempt

$0.00

First time Use

$0.00

Completed By

$0.00

Date of Calculation

$0.00

Section II - Borrower Equity Requirement

Appraised Value

Purchase Price

Cash Down Payment Required Due to Value

$0.00

Previous Entitlement Used

$0.00

State

$0.00

County

$0.00

County Loan Limit

$0.00

New Adjusted Loan Base Limit

$0.00

Difference between county limit and Purchase Price

$0.00

Optional Down Payment

25% of Difference (down pmt) if required

$0.00

Section III - Maximum Loan Calculations

Adjusted Purchase Price

$0.00

Down Payment

$0.00

Percent of Loan Amount

$0.00

Base Loan Amount

$0.00

Funding fee Percent

Funding Fee

$0.00

Total Loan

$0.00

Section IV - Guaranty Calculations

Available VA Entitlement for this loan

$0.00

Veteran Equity (down payment required from Section II H above)

$0.00

Total Guaranty

$0.00

Percent of VA Guaranty (total loan)

$0.00

Percent of Guaranty (GNMA)

$0.00

Section V - Guaranty Calculations

EEM Option (up to $6,000)

Guaranty Amount on EEM

$0.00

EEM Guaranty Total

$0.00

EEM Base Loan

$0.00

EEM Funding Fee Total

$0.00

EEM Total Loan

VA EEM Guaranty

$0.00

GNMA EEM Guaranty

$0.00

GNMA rules require 25% guaranty of the lesser of the Purchase Price or Value, not the total loan.

Final Reconciliation of Required Loan Information

Based on the information provided above, the following data is relevant to this loan:

Down Payment Required

$0.00

Base Loan Amount

$0.00

Total Funding Fee

$0.00

Total Loan Amount

$0.00

Total Guaranty

$0.00

Guaranty % for GNMA pooling

$0.00

Section I - COE Information

COE Entitlement Code

$0.00

Previous Entitlement Used

$0.00

Active - Reserve/NG

$0.00

COE Available Entitlement

$0.00

Exempt/Not Exempt

$0.00

First time Use

$0.00

Completed By

$0.00

Date of Calculation

$0.00

Section II - Borrower Equity Requirement

Appraised Value of Property

Requested Base Amount of Loan or Maximum Appraised Value

Used Entitlement Not Restored

$0.00

State

$0.00

County

$0.00

County Loan Limit

$0.00

New Adjusted Max Loan for GTY

$0.00

Difference between guaranty max and loan

$0.00

Available Equity from value

$0.00

Section III - Maximum Loan Calculations

Funding fee Percent

Funding Fee

$0.00

Requested loan plus funding fee

$0.00

New Maximum Loan Amount Allowed, check GNMA GTY is at least 25%

$0.00

Funding Fee on Base Loan

$0.00

Total New Loan

$0.00

New Equity available

$0.00

Final LTV

$0.00

Click button for 90% LTV maximum loan NTB

$0.00

Section IV - Guaranty Calculations

County Max Guaranty Available

$0.00

Equity Amount

$0.00

Total Guaranty

$0.00

Percent of Guaranty (VA Guaranty)

$0.00

Total Guaranty (GNMA calculation)

$0.00

Section V - Energy Efficiency Mortgage Calculations

EEM Option (up to $6,000)

Guaranty Amount on EEM

$0.00

EEM Guaranty Total

$0.00

EEM Base Loan

$0.00

EEM Funding Fee Total

$0.00

EEM Total Loan

$0.00

VA EEM Guaranty

$0.00

GNMA EEM Guaranty

$0.00

Final Reconciliation of Required Loan Information

Based on the information provided above, the following data is relevant to this loan:

Equity Required

$0.00

Base Loan Amount

$0.00

Total Funding Fee

$0.00

Total Loan Amount

$0.00

Total Guaranty

$0.00

Guaranty % for GNMA pooling

$0.00