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
%/$K
Gateway Mortgage Group
AL AR CA CO FL IA IN KS LA MD MI MO MS NE NM NV
OK SC TN TX UT VA WV WY
%/$K %/$K %/$K %/$K FICO
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
LTV / LOAN AMOUN T
Combinations tied to different scores
PRODUC T OPTIONS
CLTV DTI LTV / LOAN AMOUNT
M TG
LATES
817-799-0804
www.gatewayae.com
Conforming
Conforming
Conforming
Conforming
Conforming
Full
Full
Full
Full
Full
VVVY O PR
VVVY O C
VVVY VN P
VVVY VN R
VVVY VN C
1 640
1 640
1 640
1 640
1 640
95/417
80/417
80/417
75/417
70/417
50 0/12 95 NA A
50 0/12 80 NA A
50 0/12 80 NA A
50 0/12 75 NA A
50 0/12 70 NA A
N
N
N
N
N
N Approval req. for DTI > 45
24-hour UW, submit to close on your 12-day lock, HVCC transfers, max DTI 50, 2075/PI W per DU, LPMI, min. FICO 640, grant programs, scenarios@gatewayae.com.
iApprove Lending
CA
714-775-5353
www.iapprovelending.com
Agency
Agency
Agency
Agency
Agency
Agency
Agency
Agency
Agency
Agency
Agency
Agency
Agency
Agency
High Balance
High Balance
High Balance
High Balance
High Balance
High Balance
Jumbo
Jumbo
Full
Full
Full
Full
Full
Full
Full
Full
Full
Full
Full
Full
Full
Full
Full
Full
Full
Full
Full
Full
Full
Full
VVVYO P 1 620
95/417
90/417
80/417
80/533
75/801
75/801
95/417
90/417
75/801
80/533
75/801
85/417
75/417
75/801
90/625
75/1403
65/729
65/1403
65/729
60/729
80/1000
60/1000
LTV > 80% req. 660 score w/ MI
LTV > 80% req. 660 score w/ MI
80/729
75/625
75/1500
55/1500
70/2000
50/2000
50 0/12 95 NA B
50 0/12 90 NA B
50 0/12 80 NA B
50 0/12 80 NA B
50 0/12 75 NA B
50 0/12 75 NA B
50 0/12 95 NA B
50 0/12 90 NA B
50 0/12 75 NA B
50 0/12 80 NA B
50 0/12 75 NA B
50 0/12 85 NA B
50 0/12 75 NA B
50 0/12 75 NA B
50 0/12 90 NA F
50 0/12 75 NA B
50 0/12 65 NA F
50 0/12 65 NA B
50 0/12 75 NA F
50 0/12 60 NA A
40 NA
40 NA
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N LTV > 80% req. 660 score w/ MI
N LTV > 80% req. 660 score w/ MI
N
N
N
N
N
N
N
N
N
N
N
N
N LTV > 75% req. 700 score
N
N
N
N
N
N
N Max. cash-out is $100K
California wholesale lender. LTV > 80% lowers DTI to 41% and requires MI. Visit www.iapprovelending.com to get your broker application and submission forms.
ICON Residential Lenders
NATION WIDE except: AK
888-247-6427
www.iconwholesale.com
Agency Conf
Agency Conf
Agency Conf
Agency Conf
Agency Conf
95/417
70/417
80/533
75/801
85/417
75/801
80/417
75/801
75/417
90/625
70/625
60/625
0/12 95 NA B
0/12 0 10 A
0/12 80 NA B
0/12 75 NA B
0/12 80 NA B
0/12 75 NA B
0/12 80 NA B
0/12 75 NA B
0/12 75 NA B
0/12 90 NA F
0/12 0 10 A
0/12 60 NA B
NN
NN
NN
NN
NN
NN
NN
NN
NN
NN
NN
NN
DU Eligible
DU Eligible
DU Eligible
DU Eligible
DU Eligible
DU Eligible
DU Eligible
DU Eligible
DU Eligible
DU Eligible; Subject to county
DU Eligible; Subject to county
DU Eligible; Subject to county
display
Foreign nationals and manufactured homes ineligible for all products. Subject to county limits and maximum loan amount for number of units. Refer to www.iconwholesale.com.
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.
