| Msg. Code | Message Text |
|---|---|
| 2W | Rental Income: Provide evidence of rent loss insurance coverage in an amount equal to the gross monthly rent for at least six months if rental income from the subject property is used to qualify. |
| 2C | Rental Income: Borrower must demonstrate at least a two-year landlord history regardless if rental income yields a positive or negative cash flow if rental income is used to qualify. |
| 2H | Junior Lien Payoff: Documentation is required to evidence that any junior lien paid off from the proceeds of a 'no cash out' refinance must have been used in its entirety to acquire the subject property. |
| 3J | Investment Property: Gift funds are not allowed. |