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
Ratio
%
30s
in the
Last
%
Ch 7
BK
Disch
Upfront
MI
Max
%
Yearly
MI If
LTV>
____
Ch 13
BK
File
Fore
Satis
Min yrs Since
Fixed,
ARM,
Both
CLTV
F/A/B
MTG
LATES
BANKRUPTCy/
FORECLOSURE
MTG
INSURANCE
RightStart Mortgage Wholesale
AZ CA CO OR TX WA
800-520-5626 x5307
www.rsmwholesale.com
COMMENTS
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FHA Full V V V Y O P 1-4 580 96.5/1202 43 96.5 0/12 2 1 3 1.00
FHA Full V V V Y O R 1-4 580 96.5/1202 43 96.5 0/12 2 1 3 1.00
FHA Full V V V Y O C 1-2 580 85/521 43 85 0/12 2 1 3 1.00
FHA loans with credit scores down to 580! Make-sense underwriting for your tough-to-place FHA loans! Call Lavon Barton, National Sales Manager at 626-739-5307
F Higher DTI with AUS Approve
F Higher DTI with AUS Approve
F Higher DTI with AUS Approve
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Stearns Lending Inc.
NATIONWIDEexcept: AK HI MI MO MS ND NY OH
800-350-5363
www.stearnswholesale.com
4000/4090 FHA Full V V V Y O P 1-4 640 96.5/1403 50 0/12 3 5 1.00 0 B County limits apply
4000/4090 FHA Full V V V Y O R 1-4 640 97.7/1403 50 97.7 0/12 3 5 1.00 0 B County limits apply
4000-00 FHA Full V V V Y O C 1-2 640 85/533 50 85 0/12 3 5 1.00 0 B No C/O in Texas; County limits
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4090-00 FHA Full V V V Y O C 1-2 660 85/934 50 85 0/12 3 5 1 N B County limits apply
4500-00 VA Full V V V Y O P 1 620 100/650 41 0/12 3 1 5 N B 1 unit only >$417K, 660 score
4500-00 VA Full V V V Y O C 1 620 90/650 41 90 0/12 3 1 5 N B 1 unit only > $417K, 660 score
4015-03USDA Full V V V Y O PR 1 640 100/417 41 0/12 3 1 3 2.0 0 F Annualfee0.30%
4010-00 FHA Full V V V Y O PR 1-4 620 96.5/801 43 96.5 0/12 3 3 5 1 0 F No streamlines, no high bal
AUS Approve required; 640 minimum credit score Streamlines/IRRRLs; no manuf. homes; VA IRRRLs max 100% LTV/CLTV to 650K, must have AIR-compliant 2055 for value; USDA in eligible rural areas
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The Funding Pool
CO ID UT
866-210-0850
www.fundingpool.net
FHAPurchase Full V V V Y O P 1-4 680 96.5/801 55 96.5 0/12 2 1 3 0 F
FHAR&T Full V V V Y O R 1-4 680 97.75/801 55 97.7 0/12 2 1 3 0 F
FHAC/O Full V V V Y O C 1-4 680 80/801 50 85 0/12 2 1 3 0 F
FHAArm Full V V V Y O PR 1 680 96.5/417 50 96.5 0/12 2 1 3 0 A
FHAHighBal Full V V V Y O PR 1 680 96.5/729 50 96.5 0/12 7 7 7 0 B
VAPurchase Full V V V Y O P 1 680 100/417 50 100 0/12 2 1 2 F
VA Full V V V Y O RC 1 680 90/417 50 90 0/12 2 1 2 F
UtahHousing Full V V V Y O P 1 680 96.5/417 55 103 0/12 2 1 2 1.00 F
1.00
1.00
1.00
1.00
1.00
County/unit limits apply
County/unit limits apply
County/unit limits apply
County/unit limits apply
No manual U/ W
County/units limits apply
No IRRLS - max CLTV 90%
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
888-371-2989
www.tmsfunding.com
Purchase Full V V V O P 1-4 640 96.5/801
50
50
50
50
50
45 95
F Subject to county limits
F Subject to county limits
F Subject to county limits
F Loan amount over $417K
A 1/1/5 caps-over $417K
F LP Accept only, no manual UW
United Wholesale Mortgage
NATIONWIDE except: AK HI NY
800-981-8898
www.uwm.com
FHAPurchase Full V V V Y O P 1-4 640 97/417
55 97 0/12 2 1 3 1.0
55 100 0/12 2 1 3 1.0
55 85 0/12 2 1 3 1.0
55 97 0/12 2 1 3 1.0
55 99 0/12 2 1 3 1.0
55 97 0/12 2 1 3 1.0
55 105 0/12 2 1 3 1.0
47 85 0/12 2 1 3 1.0
41 100 0/12 2 1 2 3. 3
0
0
0
0
0
0
0
0
0
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
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.
