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
E=Employment
OCC PURP
Ratio
%
30s
in the
Last
Mo
to
%
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
DTI
MTG
LATES
BANKRUPTCY/
FORECLOSURE
MTG
INSURANCE
o
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
2Y
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 Full N V V O R 1-4 660 97.75/417
StrmlineJumb Full N V V O R 1-4 660 97.75/729
For current rate sheet visit: www.essexwholesale.com. User ID: essex; Password: essex123
2
671
67
Y
Y
AZ CA CO ID NV OR UT WA
949-378-7446
www.essexwholesale.com
B Excellent rates
F May require two appraisals
B www.essexwholesale.com
F Appraisal required
B
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
ICON Residential Lenders
FHA
FHA
FHA
Streamline
Streamline
FHA
FHA
FHA
Streamline
Streamline
Full V V V Y O P 1-4
620 96.5/417
620 97.75/417
620 85/417
640 97.75/417
640 /417
620 96.5/729
620 97.75/729
660 85/729
640 97.75/729
640 /729
2
471
44
22
620 77 2
6 87
64 77 2
64
7
Merit Mortgage Services Inc. rvi
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
u
u
u
V V V Y O PR 1-4 620
96.5/417
85/417
96.5/417
100/417
96.5
85
96.5/417
85/417
47
. /4 7
85
Nationstar Mortgage LLC a on e
FHA Full V V V O P 1 620
FHA Full V V V O P 1-2 620
FHA Full V V V O R 1 620
FHA Full V V V O R 1-2 620
FHA Full V V V O C 1-2 620
FHA Full V V V O C 1-2 620
FHAStreamlin Full V V V O R 1 640
FHAStreamlin Full V V V O R 1 640
Max LTV varies per county. Contact us for actual max LTV amounts.
2
2
2
2
4
64
u
96.5
96.5
97.75
97.75
85
85
5
97.75 75
NATION WIDE except: AK
100 1/12 2 1 3 2.25 0
100 1/12 2 1 3 2.25 0
85 0/12 2 1 3 2.25 0
100 0/12 2.25 0
100 0/12 2.25 0
96.5 1/12 3 1 3 2.25 0
97.75 1/12 3 1 3 2.25 0
85 0/12 3 1 3 2.25 0
97.75 0/12 2.25 0
100 0/12 2.25 0
1
11 1
/1
/
/
11 1
11 1
/1 1
/1
/1
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
1
1
/1
/1
/1 1
/1 1
/1 1
/1 1
NATIONWIDEexcept: 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
50 1/30 1.5
50 1/30 1.5
1
1
1
01
01
888-247-6427
www.iconwholesale.com
B DU Eligible
B DU Eligible
B DU Eligible
B Manual UW
F Manual UW
B DU Eligible - Subject to county
B DU Eligible - Subject to county
B DU Eligible - Subject to county
B Manual UW - Subject to county
F Manual UW - Subject to county
B
B
B
B
B
B
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
877-698-7300
www.nationstarmtg.com
F County limits apply
F County limits apply
F County limits apply
F County limits apply
F No cashout refi in Texas
F County limits apply
F No max LTV. County limits apply
F Appraisal required
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.
