PROGRAM
NAME
Type I E A 45
I=Income
V=Verified S=Stated
DOCUMENTATION
O
V
N
P
R
C
FICO
#
UNI TS
E=Employment
A=Assets 45=4506
%/$K
%/$K %/$K %/$K FICO
LTV / LOAN AMOUN T
NATIONWIDE
Conf.Fixed Full V V V Y O PR 1 620
95/417
80/533
75/801
90/417
85/417
75/417
75/533
75/801
85/417
75/533
75/801
75/417
75/417
70/801
95/417
80/533
75/801
90/417
85/417
75/417
75/533
75/801
85/417
75/533
75/801
75/417
75/417
70/801
All parameters on each line are used in combination
with one another — each line represents a specific
loan scenario or credit grade
Ratio
%
Mtg
Lates
30s
in the
Last
Mo
to
%
IO
Period
Yrs
Fixed,
ARM,
Both
F/A/B
40-yr
Amort
30-yr
Term
w/Min
Pmt/
Neg
Am
40/30 ARM Interest Only
PRODUC T OPTIONS
CLTV DTI
MTG
LATES
800-262-0642
www.securitynational.com
COMMENTS
45 0/12 95 NA
45 0/12 80 NA
45 0/12 75 NA
45 0/12 90 NA
45 0/12 80 NA
45 0/12 75 NA
45 0/12 75 NA
45 0/12 75 NA
45 0/12 85 NA
45 0/12 75 NA
45 0/12 75 NA
45 0/12 75 NA
45 0/12 75 NA
45 0/12 70 NA
45 0/12 95 NA
45 0/12 80 NA
45 0/12 75 NA
45 0/12 90 NA
45 0/12 85 NA
45 0/12 75 NA
45 0/12 75 NA
45 0/12 75 NA
45 0/12 85 NA
45 0/12 75 NA
45 0/12 75 NA
45 0/12 75 NA
45 0/12 75 NA
45 0/12 70 NA
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
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Stearns Lending Inc.
2000&2300 Full V V V Y O PR 1 680 95/417
2000&2300 Full V V V Y O PR 2 620 80/534
2000&2300 Full V V V Y O PR 3-4 620 75/801
2000&2300 Full V V V Y V PR 1 720 90/417 620
2000&2300 Full V V V Y N PR 1 620 80/417
2000&2300 Full V V V Y N PR 2-4 620 75/801
2000&2300 Full V V V Y O C 1 620 80/417
2000&2300 Full V V V Y OV C 2-4 620 75/801
2089DURefi+ Full V V V Y O R 1-4 620 105/801
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2091HighBal Full V V V Y O P 1 720 90/729 660
2091HighBal Full V V V Y O PR 1 720 90/625 660
2091HighBal Full V V V Y O PR 2-4 740 75/1403
2091HighBal Full V V V Y V PR 1 740 65/729
2091HighBal Full V V V Y N PR 1 740 60/729
2091HighBal Full V V V Y O C 1 740 60/729
2099DURefi+ Full V V V Y O R 1 660 105/625
Jumbo3000-10 Full V V V Y O PRC 1-2 700 80/1000 720
HomePath Full V V V Y O P 1 660 97/417 75/729 620
High LTV2059 Full V V V Y O P 1 720 97/417
OpenAccess Full V V V Y O R 1-4 660 95/801
Cash-out not allowed in Texas; manufactured homes not permitted; LTV > 80% subject to MI-company restrictions
NATIONWIDEexcept: AK KY LA MI MN MO MS ND NY OH
90
90
90
65
60
60
80/2000
80/417
800-350-5363
www.stearnswholesale.com
PIW to 80%, 720 score for I/O
PI W to 80%, DU Approve/Elig.
PI W to 80%, DU Approve/Elig.
Portfolio for 5-10 financed
Portfolio for 5-10 financed
Portfolio for 5-10 financed
6 mo seasoning
6 mo seasoning
DU Refi Plus Approve/Elig only
FNMA limits, condos 85%
FNMA limits, condos 85%
FNMA loan limits
FNMA loan limits
FNMA loan limits
FNMA loan limits
Perm loan limits Refi+
Prior approval u/w req'd
FNMA REO; No appraisal or MI
SFR only; MI U/ W required
LP Accept Only
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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.
