LEGEND: P=Purchase; R=Rate and Term Refi; C=Cash-Out Refi; O=Owner Occupied; V=Vacation Home; N=Non Owner Occupied;
NINA=No Income, No Asset; SISA=Stated Income, Stated Asset; SIVA=Stated Income, Verified Asset
All parameters on each line are used in combination with one another —
each line represents a specific loan scenario or credit grade
PROGRAM
NAME
Type I E A 45
I=Income
A=Assets 45=4506
V=Verified S=Stated
DOCUMENTATION
O
V
N
P
R
C
FICO %/$K %/$K %/$K FICO UNITS LTV / LOAN AMOUNT COMBINATIONS
E=Employment
OCC PURP
Ratio
%
30s
in the
Last
%
Ch 7
BK
Disch
Upfront
MI
Max
%
Yearly
MI If
LTV>
____
Ch 13
BK
File
Fore
Satis
Min Yrs Since
Fixed,
ARM,
Both
CLTV
F/A/B
MTG
LATES
BANKRUPTCY/
FORECLOSURE
MTG
INSURANCE
CNB National Lending n NATIONWIDE 877-421-4654 www.cnbnationallending.net
USDA Full V V V Y O P 1 620 102 41 0/12 F will entertain a true no score
CNB is a USDA lender. Underwriting times 24-48 hrs. Min. credit score is 620 but we will entertain a true no score. Contact Linda at lindam@cnbnationallending.com or Bryce at bbly@cnbnationallending.com. Web site:
cnbnationallending.net
COMMENTS
Essex Mortgage
FHAStandard Full V V V Y O PR 1-4 620 96.5/417
FHAJumbo Full V V V Y O PR 1-4 640 96.5/729
Streamline NoRatio N V V O R 1-4 660 97.75/417
Strmline Jumb No Ratio N V V O R 1-4 660 97.75/729
For current rate sheet visit: www.essexwholesale.com. User ID: essex; Password: essex123
7
AZ CA CO ID NV OR UT WA
57 100 1/12 2 1 3 1.75
57 100 0/12 2 1 3 1.75
2 1 3 1.75
2 1 3 1.75
949-378-7446
www.essexwholesale.com
B Excellent rates
F May require two appraisals
B www.essexwholesale.com
F Appraisal required
Flagstar Bank
NATIONWIDE
FHAFixed Full V V V Y O P 1-4 640 96.5
866-945-9872
wholesale.flagstar.com
County limits apply
County limits apply
County limits apply
County limits apply
County limits apply
Merit Mortgage Services Inc.
30/15 Fixed Full
30/15 Fixed Full
30/15 Fixed Full
30/15 Fixed Full
30 Year Jumbo Full
30 Year Jumbo Full
3/1 & 5/1 ARM Full
3/1 & 5/1 ARM Full
Loan amount varies by county
VVVY O
VVVY O
VVVY O
VVVY O
VVVY O
VVVY O
VVVY O
VVVY O
PR 1-4 620
96.5/417
85/417
96.5/417
100/417
96.5
85
96.5/417
85/417
AZ CA ID NV OR WA
50 96.5 0/12 2 1 3 1.75 0
50 85 0/12 2 1 3 1.75 0
50 96.5 0/12 2 1 3 1.75 0
50 100 0/12 2 1 3 1.75 0
50 96.5 0/12 2 1 3 1.75 0
50 85 0/12 2 1 3 1.75 0
50 96.5 0/12 2 1 3 1.75 0
50 85 0/12 2 1 3 1.75 0
310-327-4530
www.meritwholesale.com
F FHA and VA. Manual U/ W OK
F FHA and VA. Manual U/ W OK
F FHA Streamline-No appraisal OK
F VA IRRL - No appraisal OK
F FHA and VA
F FHA and VA (90%)
A FHA and VA
A FHA and VA
Nationstar Mortgage LLC on
FHA Full V V V O P 1
FHA Full V V V O P 1-2
FHA Full V V V O R 1
FHA Full V V V O R 1-2
FHA Full V V V O C 1-2
FHA Full V V V O C 1-2
FHAStreamline Full V V V O R 1
FHAStreamline Full V V V O R 1
Max LTV varies per county. Contact us for actual max LTV amounts.
620 96.5/729
620 96.5/729
620 97.75/729
620 97.75/729
620 85/729
620 85/729
640 /729
640 97.75/729
7
7
NATIONWIDE except: AK AL DC HI MS
50 0/60 2 1 3
50 0/60 2 1 3
50 0/60 2 1 3
50 0/60 2 1 3
50 90 0/30 2 1 3
50 85 0/30 2 1 3
0/30 1.5
0/30 1.5
877-698-7300
www.nationstarmtg.com
F DTI 31%/43% max -- exceptions
F Condos must be FHA-approved
F Nonoccupant co-borrower ineligible
F Homes listed in 6 months ineligible
F No cashout refi in Texas
F FICO middle of 3, lowest of 2
F Loan amount can’t exceed principal note
F Appraisal required
NetMore America
AL AR AZ CA CO GA HI ID IL IN KS LA MD MN MT NE NM
NV OK OR SC TN TX UT WA WY
503-496-3140
www.netmoreamerica.com
FHA30/FHA15
FHA30/FHA15
FHA30/FHA15
VA30 or VA15
FHA 30 HB
FHA 30 HB
FHA 30 HB
FHA 30 HB
FHA 30 HB
FHA 30 HB
Full
Full
Full
Full
Full
Full
Full
Full
Full
Full
VVVY O
VVVY O
VVVY O
VVVY O
VVVY O
VVVY O
VVVY O
VVVY O
VVVY O
VVVY O
P 1-4 680
VVY
96.5/417
97.7/417
85/417
100/417
96/729.7
96/934.2
96/1000
96/1000
97/729.2
97/934.2
97/729.2
85
1.75 90
1.75 90
1.75 90
1.75 90
1.75 90
1.75 90
1.75 90
1.75 90
1.75 90
NetMore America continued
Scotsman Guide makes every attempt to ensure the quality of matrix and directory information, which all listed lenders verify or update monthly. Because of the production cycle and dynamic nature of the industry, loan product
terms and availability may not reflect the latest changes. Please contact lenders directly for the most-recent program details. If you believe data is inaccurate or misrepresented, please e-mail: matrixfeedback@scotsmanguide.com.
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