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
OCC PURP
FICO
#
UNITS
E=Employment
A=Assets 45=4506
%/$K
%/$K %/$K %/$K FICO
LTV / LOAN AMOUN T
%/$K
Ratio
%
Stearns Lending Inc.
2000&2300 Full V V V Y O PR 1 620 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
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 85/417
2000&2300 Full V V V Y OV C 2-4 620 75/801
display
2089DURefi+ Full V V V Y OVN R 1-4 620 105/801
2091HighBal Full V V V Y O P 1 700 90/625
2091HighBal Full V V V Y O PR 1 700 90/625
2091HighBal Full V V V Y O PR 2-4 740 75/1202
2091HighBal Full V V V Y V PR 1 740 65/625
2091HighBal Full V V V Y N PR 1 740 60/625
2091HighBal Full V V V Y O C 1 740 60/625
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
HomePath Full V V V Y O P 1 660 97/417 75/625
HighLTV2059 Full V V V Y O PR 1 720 97/417
LTV > 80% subject to MI-provider restrictions; Jumbo products available - contact your branch for details
NATIONWIDE except: AK HI LA MI MO MS ND NY OH
620 80/417
90
90
90
65
60
60
800-350-5363
www.stearnswholesale.com
N PI W to 80%, 720 score for I/O
N PI W to 80%, DU Approve/Elig.
N PI W to 80%, DU Approve/Elig.
N Portfolio for 5-10 financed
N Portfolio for 5-10 financed
N Portfolio for 5-10 financed
N 6 mo seasoning
N 6 mo seasoning
N DU Refi Plus Approve/Elig only
N FNMA limits
N FNMA limits
N FNMA loan limits
N FNMA loan limits
N FNMA loan limits
N FNMA loan limits
N Perm loan limits Refi+
N Prior approval u/w req'd
N No appraisal or MI, NOO to 90%
N MI UW required
COMMENTS
display
The Funding Pool
CO ID UT
866-210-0850
www.fundingpool.net
AgencyConf. Full V V V Y O PR 1 680 95/417 45 0/12 95 NA F N N
AgencyConf. Full V V V Y O PR 2 680 80/533 45 0/12 95 NA F N N
AgencyConf. Full V V V Y O PR 3-4 680 80/645 45 0/12 80 NA F N N
AgencyConf. Full V V V Y V PR 1 680 90/417 45 0/12 90 NA F N N
AgencyConf. Full V V V Y N PR 1 680 80/417 45 0/12 85 NA F N N
AgencyConf. Full V V V Y N PR 2-4 680 75/533 45 0/12 75 NA F N N
AgencyC/OUT Full V V V Y O C 1 680 85/417 45 0/12 85 NA F N N
AgencyC/OUT Full V V V Y VN C 1 680 70/417 45 0/12 70 NA F N N
AgencyC/OUT Full V V V Y O C 2 700 75/533 45 0/12 75 NA F N N
AgencyC/OUT Full V V V Y N C 1-2 700 75/417 45 0/12 75 NA F N N
Conv3/1Arm Full V V V Y O PR 1 680 95/417 45 0/12 95 NA A N N
Conv5/1Arm Full V V V Y O PR 1 680 90/417 45 0/12 95 NA A N N
Conv7/1Arm Full V V V Y O PR 1 680 90/417 45 0/12 95 NA A N N
FNMA<90Flip Full V V V Y O P 1 680 80/417 45 0/12 80 NA F N N
FNMA97 Full V V V Y O P 1 720 97/417 41 0/12 97 NA N N
No manual underwrites, must be DU approve/eligible on all products. County limits apply. 2 months PITI required on products with MI. Broker package available at www.fundingpool.net
Qualify at 2% over start rate
Qualify at 2% over start rate
Qualify at 2% over start rate
DU only
DU only
TMSFunding Wholesale
Primary Full V V V
Primary Full V V V
Primary Full V V V
Primary Full V V V
Primary Full V V V
SecondHome Full V V V
Investment Full V V V
Investment Full V V V
Investment Full V V V
Broker approval: www.tmsfunding.com
O
O
O
O
O
V
N
N
N
P 1 720
97/417
95/417
80/417
80/533
75/801
80/417
80/417
75/417
75/801
NATIONWIDE except: CA CO CT DC DE FL GA IL MA MD
ME MI NC NH NJ NY PA RI SC TN TX VA VT
NA N
NA N
NA N
NA N
NA N
NA N
NA N
NA N
NA N
888-371-2989
www.tmsfunding.com
41 0/12
50 0/12
50 0/12
50 0/12
50 0/12
50 0/12
50 0/12
50 0/12
N
N
N
N
N
N
N
N
N
4-unit max $801,950
Subject to agency limits
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.
