Scotsman Guide - December 2011 Residential Edition

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
#
UNI TS

E=Employment
A=Assets 45=4506

OCC PURP

%/$K
%/$K %/$K %/$K FICO
LTV / LOAN AMOUN T

%/$K Ratio %

United Wholesale Mortgage

AgencyConf Full V V V Y O PR 1 640

AgencyConf Full V V V Y N PR 1 640

AgencyC/O Full V V V Y O C 1 640

AgencyC/O Full V V V Y VN C 1 640

ConvArmC/O Full V V V Y O C 1 640

ConvArmC/O Full V V V Y VN C 1 640

DURefiPlus Full V V V Y OV PR 1 640

DURefiPlus Full V V V Y O PR 2 640

Discover lending made easy with UWM! Close your loans in 10 Days or less!

95/417

75/417

80/417

75/417

85/417

75/417

105/417

NATIONWIDEexcept: AK HI NJ NY

41 0/12 NA

45 0/12 NA

720 85/417 45 0/12 NA

45 0/12 NA

45 0/12 105 NA

45 0/12 105 NA
NN
NN
NN
NN
NN
NN
NN
NN

800-981-8898 www.uwmco.com Discover lending made easy!

Clearing conv cond. in 48 hrs Work directly with underwriter Easy paperless submissions!

Underwriting conv in 72 hours Clearing conv cond. in 48 hrs Clearing conv cond. in 48 hrs C TC today = closing tomorrow COMMENTS

USA Direct Funding

Conventional Full V V V Y O PR 1 720 97/417 680

Conventional Full V V V Y O PRC 1 620 80/417

HomePath Full V V V Y O P 1 700 97/417

HomePath Full V V V Y VN P 1 740 90/417

Jumbo Full V V V Y O PR 1-2 720 80/2000

High-Balance Full V V V Y O PR 1 700 80/506

DURefiPlus Full V V V Y O R 1-4 620 95/417

1 Day Off MLS Full V V V Y O R 1-2 680 95/417

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CA ID OR WA

95/417

41 0/12 97 NA B

41 0/12 95 NA B

50 0/12 97 NA B

50 0/12 90 NA F

45 0/12 80 NA B

45 0/12 90 NA B

55 0 110 NA B

41 0/12 95 NA B
NN
NN
NN
NN
NN
NN
NN
NN

888-697-3860 www.usadirectfunding.com FNMA loan limits apply FNMA loan limits apply FNMA loan limits apply FNMA loan limits apply HERA limits apply Higher LTV/CLTV's available C/O available to 70% LTV/CLTV

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