« matrix: prime niches »
This matrix should be used to
find general program information/
product types, unusual property or
loan characteristics. Please consult
the Prime 1st Mortgages matrix for
detailed program criteria.
COMPaNy NaME
1 Acreage: Max acres on res. property (U=Unlimited)
2 Condo: Non-Fannie Mae/Freddie Mac warrantable
3 Condo: With only 2-3 units
4 Condotels at resort destinations
5 Co-ops
6 dome homes
7 Land: Purchase of subdivided lot
8 Land: Purchase of undeveloped raw land
9 Log homes
10 Manufactured home (post-1976)
11 Second dwelling on single tax lot
12 Zoning: Non-owner < 5 units: Zoned other than residential
PROPERTy-RELa TED ITEMS
123456789101112
13 Aliens/foreign nationals: No green
card, second home
14 Aliens/foreign nationals: No green card,
No-income verifier loans available
16 Corps., trusts, partnerships and LLCs
17 Minimum loan amount
18 Non-owner: More than 10 financed prop-
erties allowed regardless of loan amount
19 Ratio: Combined ratios are allowed
with non-occupant co-borrower
20 Remodel: Conventional at after-
remodel value
MISCELLaNEOUS
13 14 15 16 17 18 19 20
PROGRaMS aND OPTIONS
21 Bridge loans
22 Freddie Mac: Loan Prospector (LP)
23 Freddie Mac: Affordable Gold
24 Fannie Mae: desktop Originator (dO)
25 Fannie Mae: MyCommunityMortgage
26 Fannie Mae: desktop Underwriter (dU)
27 Govt.: FHA direct endorsement
28 Govt.: VA
29 Lock: Longest lock available (number of days)
30 Lock without property address
31 Pledged asset option
32 Reverse mortgages
33 Tenants-in-common ( TIC)
34 Rural property/part-time farm
21 22 23 24 25 26 27 28 29 30 31 32 33 34
display
Reverse it!
888-777-3311
www.reverseit.com
Y
Y
NATIONWIdeexcept: AK HI MT NC Nd NV NY Sd
Reverse it! is your one-stop resource for reverse mortgages. We pride ourselves in being one of the best
wholesalers in the industry and we are committed to your success.
40K
Y
Y
YYY60
Y
Cash-out in Texas not permitted; manufactured homes not permitted; loans > 80% LTV subject to
MI-provider guidelines
display
The Funding Pool
866-210-0850
www.fundingpool.net
10
Y
60K
Y
YYY60Y
CO Id UT
Locking without property address avaliable with a $400 commitment fee. Broker package can be found at www.fundingpool.net.
TMSFunding Wholesale
888-371-2989
www.tmsfunding.com
Y
Y
NJ NY
Contact us for information about all of our unique products. See: www.tmsfunding.com. Please call for additional co-op requirements.
Tell lenders you found them in Scotsman Guide
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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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