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
V=Verified S=Stated
DOCUMENTATION
O
V
N
P
R
C
FICO %/$K %/$K %/$K FICO UNI TS LTV / LOAN AMOUNT COMBINATIONS
E=Employment
A=Assets 45=4506
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
RightStart Mortgage Wholesale
AZ CA CO OR
800-520-5626 x5305
www.rsmwholesale.com
FHA Full V V V Y O P 1-4 580 96.5/801
43 96.5 0/12 2 1 3 1.00
43 96.5 0/12 2 1 3 1.00
43 85 0/12 2 1 3 1.00
F Higher DTI with AUS Approve
F Higher DTI with AUS Approve
F Higher DTI with AUS Approve
Stearns Lending Inc.
NATIONWIDEexcept: AK HI KY LA MI MN MO MS ND NY OH
800-350-5363
www.stearnswholesale.com
4000/4090 FHA Full V V V Y O P 1-4 640 96.5/1403 50 0/12 3 5 1.00 0 B County limits apply
4000/4090 FHA Full V V V Y O R 1-4 640 97.7/1403 50 97.7 0/12 3 5 1.00 0 B County limits apply
4000-00 FHA Full V V V Y O C 1-2 640 85/533 50 85 0/12 3 5 1.00 0 B No C/O in Texas; County limits
display
4090-00 FHA Full V V V Y O C 1-2 660 85/934 50 85 0/12 3 5 1 N B County limits apply
4500-00 VA Full V V V Y O P 1 620 100/650 41 0/12 3 1 5 N B 1 unit only >$417K, 720 score
4500-00 VA Full V V V Y O C 1 620 90/417 41 90 0/12 3 1 5 N B Max $417K incl. VAFF
4015-03USDA Full V V V Y O P 1 640 100/417 41 0/12 3 3 3 3. 5 N F 3.5%GuaranteeFee
4010-00 FHA Full V V V Y O PR 1-4 620 96.5/1403 43 96.5 0/12 3 3 5 1 0 F No streamlines, no high bal
AUS Approve required; 640 minimum credit score Streamlines/IRRRLs; no manuf. homes; VA IRRRLs max 100% LTV/CLTV, must have HVCC-compliant appraisal for value; USDA in eligible rural areas
display
The Funding Pool
CO ID UT
866-210-0850
www.fundingpool.net
FHAPurchase Full V V V Y O P 1-4 680 96.5/801 55 96.5 0/12 2 1 3 0 F
FHAR&T Full V V V Y O R 1-4 680 97.75/801 55 97.7 0/12 2 1 3 0 F
FHAC/O Full V V V Y O C 1-4 680 80/801 50 85 0/12 2 1 3 0 F
FHAArm Full V V V Y O PR 1 680 96.5/417 50 96.5 0/12 2 1 3 0 A
FHAHighBal Full V V V Y O PR 1 680 96.5/729 50 96.5 0/12 7 7 7 0 B
VAPurchase Full V V V Y O P 1 680 100/417 50 100 0/12 2 1 2 F
VA Full V V V Y O RC 1 680 90/417 50 90 0/12 2 1 2 F
UtahHousing Full V V V Y O P 1 680 96.5/417 55 103 0/12 2 1 2 1.00 F
1.00
1.00
1.00
1.00
1.00
County/unit limits apply
County/unit limits apply
County/unit limits apply
County/unit limits apply
No manual U/W
County/units limits apply
No IRRLS - max CLTV 90%
TMSFunding Wholesale
CA CO CT DC DE FL GA IL MA MD MI NC NH NJ NY PA RI
SC TN TX VA
888-371-2989
www.tmsfunding.com
Purchase Full V V V O P 1-4 640 96.5/801
50
50
50
50
50
F Subject to county limits
F Subject to county limits
F Subject to county limits
F Loan amount over $417K
A 1/1/5 caps-over $417K
United Wholesale Mortgage
NATIONWIDE except: AK HI NJ NY SD
800-981-8898
www.uwmco.com
FHAPurchase Full V V V Y O P 1-4 640
97/417
97/417
97/729
85/729
99/417
97/417
97/417
97/417
85/417
43 100 0/12 2 1 3 2.25 0
43 100 0/12 2 1 3 2.25 0
43 100 0/12 2 1 3 2.25 0
43 100 0/12 2 1 3 2.25 0
43 100 0/12 2 1 3 2.25 0
43 100 0/12 2 1 3 2.25 0
43 100 0/12 2 1 3 2.25 0
55 100 0/12 2 1 3 2.25 0
43 85 0/12 2 1 3 2.25 0
F Closing loans in 10 days!
F Under writing in 48 hours!
F Conditions cleared in 24 hours
F CTC today = closing tomorrow
F HUD REO program (state spec.)
A Quick & easy paperless AUS
A Communicate with UW directly
B Ratios 39/55
A Manufactured homes 1990+
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.
