Cornerstone Overlays
Conventional
Please click on the following link for all conforming conventional overlays. Changes to overlays will always be preceded by a memorandum to our correspondent customers. Memorandum will be posted to the memorandum section of this website immediately upon publication. Policy/overlay changes are effective the date of the published memorandum, and will be posted to the website within 7 business days of publication. It is the Correspondent's sole responsibility to ensure that all personnel involved in selling loans to CHL are provided updated requirements and guidelines governing origination and sale of loans to CHL.
Government
Manufactured Housing
Unless otherwise addressed in the Jumbo Product Program Eligibility Guide, Fannie Mae underwriting guidelines should be followed. Program guides, policies and checklists links below: