What are the current guidelines for NOO financing? Percentage down, LTV etc.
Too many X factors are out there to be able to answer this question correctly. Perhaps you could provide a scenario. What I have noticed lately is that even if you can get the LTV above 80% MI companies are using a fine tooth comb to pick through the file. MI is no guarantee anymore.
As a HML and private $$$ lender I generally can place a loan with a large number of eager investors if the borrower has OK credit, an LTV of no more than 70%, and is willing to pay 12% plus 2-5 points at funding plus paying all costs.
Anything less will attract fewer real lenders who are ready and willing to do the loan.
So in fact the terms you’d pay really depend on you, your FICO, quality of your loan.