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
Type I E A 45
I=Income
A=Assets 45=4506
V=Verified S=Stated
DOCUMENTATION
ICON Residential Lenders
PROGRAM
NAME
O
V
N
P
R
C
FICO %/$K %/$K %/$K FICO UNI TS LTV / LOAN AMOUNT COMBINATIONS
Ratio
%
30s
in the
Last
%
Ch 7
BK
Disch
Upfront
MI
Max
%
Yearly
MI If
LTV>
____
Ch 13
BK
File
Fore
Satis
Fixed,
ARM,
Both
CLTV
F/A/B
MTG
LATES
BANKRUPTCY/
FORECLOSURE
MTG
INSURANCE
FHA Full V V V Y O P 1-4 620 96.5/417
FHA Full V V V Y O R 1-4 620 97.75/417
FHA Full V V V Y O C 1-4 620 85/417
Streamline NoRatio N V V Y O R 1-4 640 97.75/417
Streamline NoRatio N V V Y OVN R 1-4 640 100/417
FHA Full V V V Y O P 1-4 620 96.5/729
FHA Full V V V Y O R 1-4 620 97.75/729
FHA Full V V V Y O C 1-4 660 85/729
Streamline NoRatio N V V Y O R 1-4 640 97.75/729
Streamline NoRatio N V V Y OVN R 1-4 640 100/729
Subject to county limits & maximum loan amount for number of units. Refer to www.iconwholesale.com.
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
888-247-6427
www.iconwholesale.com
B DU Eligible
B DU Eligible
B DU Eligible
B Manual U W
F Manual U W
B DU Eligible - county limits
B DU Eligible - county limits
B DU Eligible - county limits
B Manual U W - Subject to county
F Manual U W - Subject to county
COMMENTS
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
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 Full V V V Y O
FHA30/FHA15 Full V V V Y O
FHA30/FHA15 Full V V V Y O
VA30or VA15 Full V V V Y O
FHA30HB Full V V V Y O
FHA30HB Full V V V Y O
FHA30HB Full V V V Y O
FHA30HB Full V V V Y O
FHA30HB Full V V V Y O
FHA30HB Full V V V Y O
FHA30HB Full V V V Y O
FHA30HB Full V V V Y O
FHA30HB Full V V V Y O
FHA30HB Full V V V Y O
FHA30HB Full V V V Y O
FHA30HB Full V V V Y O
VA30HB Full V V V Y O
VA30or VA15 Full V V V Y O
County limits apply to all High Balance (HB) programs
P 1-4
680 96.5/417
680 97.7/417
680 85/417
680 100/417
680 96/729.7
680 96/934.2
680 96/1000
680 96/1000
680 97/729.2
680 97/934.2
680 97/1000
680 97/1000
680 85/729.2
680 85/934.2
680 85/1000
680 85/1000
680 100/1000
680 90/417
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
1.75 90
1.75 90
1.75 90
1.75 90
1.75 90
1.75 90
Presidents First NATIONWIDEexcept: AL AZ IA IL KY LA MA MO MS NV SC UT VA VT WI
Traditional Full V V V Y O P 1 620 96.5/729 40 0/24 2 2 3 2.25
Traditional Full V V V Y O R 1 620 97.75/729 40 97.75 0/24 2 2 3 2.25
Traditional Full V V V Y O C 1 620 85/729 40 85 0/24 7 7 7 2.25
Traditional Full V V V Y O P 2 620 96.5/934 40 0/24 2 2 3 2.25
Traditional Full V V V Y O R 2 620 97.75/934 40 97.75 0/24 2 2 3 2.25
Traditional Full V V V Y O C 2 620 85/934 40 85 0/24 7 7 7 2.25
A multistate mortgage banker dedicated to offering quality mortgage solutions with an unwavering commitment to service. Visit www.presidentsfirst.com for more information.
877-PRES-1S T (7737-178)
www.presidentsfirst.com
FNMA county limits apply
FNMA county limits apply
No cashout in TX
FNMA county limits apply
FNMA county limits apply
No cashout in TX
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.
