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
E=Employment
A=Assets 45=4506
TMSFunding Wholesale
CA CO CT DC DE FL GA IL MA MD ME MI MS NC NH NJ
NY PA RI SC TN TX VA VT
50 F
50 F
50 F
50 F
50 A
45 95 F
FICO %/$K %/$K %/$K FICO
Ratio
%
30s
in the
Last
Mo
to
%
Ch 7
BK
Disch
Upfront
MI
Max
%
Yearly
MI If
LTV>
____
Ch 13
BK
File
Fore
Satis
Min yrs Since
Fixed,
ARM,
Both UNI TS LTV / LOAN AMOUNT COMBINATIONS
CLTV
F/A/B
MTG
LATES
BANKRUPTCy/
FORECLOSURE
MTG
INSURANCE
Purchase Full V V V O P 1-4 640 96.5/801
Refi Full V V V O R 1-4 640 97.75/801
Refi-Cashout Full V V V O C 1-2 640 85/533
High-Balance Full V V V O P 1-2 660 96.5/934
High-Balance Full V V V O P 1-2 660 96.5/934
Openaccess Full V V V O R 1-2 660 95/533
Max loan amount varies per county. Loan amounts over $417K high-balance. Broker approval: www.tmsfunding.com
888-371-2989
www.tmsfunding.com
Subject to county limits
Subject to county limits
Subject to county limits
Loan amount over $417K
1/1/5 caps-over $417K
LP Accept only, no manual UW
COMMENTS
United Wholesale Mortgage
FHAPurchase Full V V V Y O P 1-4 640 97/417
FHARefi Full V V V Y O R 1-4 640 97/417
FHARefi Full V V V Y O C 1-4 640 85/417
FHAHighBal Full V V V Y O PR 1-4 660 97/1202
FHA$100Down Full V V V Y O P 1-4 640 99/417
FHAARM Full V V V Y O PRC 1-4 640 97/417
Streamline Full V V V Y O R 1-4 640 97/417
Manufactured Full V V V Y O PRC 1 700 85/417
VA Full V V V Y O PR 1 640 100/417
Discover lending made easy! UWM is a top 10 FHA wholesale lender. Close your loans in 10 days or less!
NATIONWIDEexcept: AK HI NY
55 97 0/12 2 1 3 1.0 0
55 100 0/12 2 1 3 1.0 0
55 85 0/12 2 1 3 1.0 0
55 97 0/12 2 1 3 1.0 0
55 99 0/12 2 1 3 1.0 0
55 97 0/12 2 1 3 1.0 0
55 105 0/12 2 1 3 1.0 0
47 85 0/12 2 1 3 1.0 0
41 100 0/12 2 1 2 3. 3 0
800-981-8898
www.uwm.com
F Closing loans in 10 days!
F Underwriting in 48 hours!
F CTC today = closing tomorrow
F Conditions cleared in 24 hours
F HUD REO program (state spec.)
A 3/1 and 5/1 Available
B Ratios 39/55
A Manufactured Homes 1990+
F R/ T must be VA to VA
USA Direct Funding
CA ID OR WA
55 100
55 97.75
55 85
50 115
55 100
55 90
55
55
FHA Full V V V Y O P 1-4 640 96.5/973
FHA Full V V V Y O R 1-4 640 97.75/973
FHA Full V V V Y O C 1-4 640 85/973
FHAStream Full V V V Y O R 1-4 680 115/973
VA Full V V V Y O P 1-4 640 100/417
VA Full V V V Y O RC 1-4 640 90/417
USDA Full V V V Y O P 1 660 102
USDAStream Full V V V Y O R 1 660 101
Ask about out exclusive Mortgage Assurance Program available on government loans at no cost to you or your borrower.
2 2 3 1 1.1 B
2 2 3 1 1.1 B
2 2 3 1 1.1 B
2 2 3 1 1.1 B
2241.4 B
224.75 B
333 F
333 F
. 3
888-697-3860
www.usadirectfunding.com
FHA county limits apply
FHA county limits apply
FHA county limits apply
If no appraisal; AVM required
Loan amount/fee will vary
Loan amount/fee will vary
Exceptions to 640 allowed
Exceptions to 640 allowed
Tell lenders you found them in Scotsman Guide
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.
2nd Chance Purchase Program • For the client who has had a short sale, foreclosure or recent BK • No time restriction • Full doc, 90% max LTV
Foreign National Purchase Program
• We offer citizens of other countries
with valid passports and visas a
better financing solution
• 80% Max LTV
Fix & Flip Commercial Lending
• We do the deals that make sense
• Our money, our rules
• Call for rates and terms
We are the lender.
All decisions are made IN HOUSE.
Submit your scenarios at
We Approve Loans.com
or call (877) 353-2233.
Our money - our rules.
Never any due diligence fees.
