M&T Correspondent Lending Center
Business to Business Lending Center
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Products

M&T offers a full array of products through its Correspondent channel in the contiguous 48 states and the District of Columbia including:

FHA 203(b):   
  - Standard
  - High Balances
  - Streamline Refinanace

A full array of Renovation products:
  - 203(k) rehabilitation
  - Limited 203(k)
  - HomeStyle
  - HomeStyle HomeReady
  - Early Renovation Reviews
  - 203(k) vs HomeStyle Comparison Matrix

Other government offerings:
   - VA
   - USDA

FHA and USDA are offered in a Delegated manner. HomeStyle is offered Non-Delegated. VA is offered both in a Delegated and Non-Delegated manner. 

Other programs that are available in limited geographies include:

FHA 203(b) Manufactured Housing loans in the states of CT, DC, DE, KY, MA, MD, ME, NH, NJ, NY, OH, PA, RI, VA, VT and WV.  Other restrictions:
   - FHA Title II only – no single-wides
   - Unit must have been built after 6-15-76
   - Vehicular title must have been surrendered and the unit must be taxed as real estate
   - Manufactured Housing Flyer

FHA Community in select markets in DC, DE, FL, MA, MD, NJ, NY, PA and VA:
    - FHA 203(b) and 203(k)
    - Borrower’s income must be at or less than 80% of the HUD Median Income OR the
      property must be located in a designated LMI census tract
    - FHA Community Flyer

The following Conventional and Treasury programs in the states of CT, DC, DE, KY, MA, MD, ME, NH, NJ, NY, OH, PA, RI, VA, VT and WV:
   - Fannie Mae and Freddie Mac Fixed and ARMs
   - Agency High Balances
   - HARP: DU Refi Plus and Open Access
   - M&T Portfolio Jumbo

Co-ops in the states of DC, MD, NJ, NY and VA under the following:
   - Fannie Mae, including High Balances
   - M&T Portfolio Jumbo

Down payment assistance (called a DPAL) from SONYMA can be partnered with first mortgages in the state of NY with the following:
   - FHA Plus
   - Conventional Plus

All Conventional products are offered Non-Delegated.

All products are eligible for Best Efforts deliveries.  We also offer a Mandatory delivery program for FHA 203(b).

Correspondent Product Matrix