Caliber Sprint

Mortgage Brokers put your borrowers’ refinance loans on the fast track with Caliber Sprint.

Competition is fierce in today’s marketplace as the most qualified borrowers are targeted daily for a refinance. Every second counts in getting your borrower to the finish line and focusing on helping the next. Now, you can seize the opportunity with Caliber Home Loans, Inc. ("Caliber")

Enter Caliber Sprint: A refinance product that streamlines the timeline of the refinance, making you look great to your borrowers and helping more people in the process.

From start to finish, it’s a powerful competitive advantage to help Wholesale lenders like you!*

Key Features, Guidelines, and Benefits**

• Rapid turnaround refinance for qualifying borrowers
• Rate/term only (limited; no cash-out)
• W-2, salary, or full-time hourly
• Eligible variable income types
  • Bonus, overtime, commission, and tips allowed
• Child support and alimony income is allowed 
• Retirement income is allowed only if derived from Social Security and/or pension
• Loans are for fixed rates of 10, 15, 20, or 30 years; high balance 15, 20, or 30 years
• Maximum loan-to-value 80%; no MI or secondary financing allowed

FICO^®/Credit Score

• Borrowers must have a minimum FICO score of 700

Property Types

• Owner-occupied, multiple properties allowed  
  
• Single-family (detached, attached)
  
• Condo (Detached/Site) 
• Planned unit development (PUD) (detached, attached)

Caliber Sprint is a golden opportunity for your clients, which makes it a quick turnaround opportunity for you.

Close your clients fast with Caliber Sprint. Join us to learn how to get things moving now.

*Guidelines subject to change. Refer to AllRegs® for details.
**Some loan applications are not suited for digital delivery of asset, income, employment, and other documentation required for loan approval. Processing and closing times vary depending on the nature and complexity of the transaction.