Scotsman Guide - June 2015 Residential Edition

Post your loan: ScotsmanGuide.com/LoanPost Search Matrix: ScotsmanGuide.com/subprime1st

« Matrix: Subprime First Mortgages »

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.

OCMBC Inc. AZ CA CO DC FL GA IL IN LA MA MD MN NV OK OR TX UT WA

800-760-1833 ezqual@ocmbc.com www.gogcgi.com SIVA O PRC 1-4 Y Y Y 24 24 24 0 30 25 680 70 2000 50 80 A 5/1;7/1;10/1

Alt-DocLoan OVN PRC 1-4 Y Y Y 1 1 1 1 30 12 580 80 2000 50 80 B 7/1;10/1; 30

Blended Income OVN PRC 1-4 Y Y Y 24 24 24 0 30 25 680 80 2000 50 80 A 5/1;7/1;10/1

StatedInvestor N PRC 1-4 Y Y 24 24 24 0 30 25 680 75 1000 75 A 5/1

Non-QMJumbo OVN PRC 1-4 Y Y Y 24 24 24 0 30 25 680 80 3000 50 80 A 5/1;7/1;10/1

Near Miss Program OVN PRC 1-4 Y Y Y 24 24 24 0 30 25 680 80 625 50 80 A 5/1; 7/1; 10/1

Privlo Wholesale CA CO ID IL MD MN NM TN TX VA WA

844-377-4856 wholesale@privlo.com PrivloWholesale.com Alt-A O PR 1-4 Y Y 24 24 1 60 12 620 75 1000 680 80 2000 50 90

Self-employed O PR 1-4 Y Y 12 12 1 60 12 550 75 1000 620 80 2000 50 90

Housing Event O PR 1-4 Y Y 12 12 1 60 12 550 75 1000 620 80 2000 50 90

Medical BKs O PR 1-4 Y Y 12 12 1 60 12 550 75 1000 620 80 2000 50 90

Non-perm Res O PR 1-4 Y Y 12 12 1 60 12 550 75 1000 620 80 2000 50 90

Spiky Income O PR 1-4 Y Y 12 12 1 60 12 550 75 1000 620 80 2000 50 90

Custom-Doc O PR 1-4 Y 12 12 1 60 12 620 75 1000 620 80 2000 50 90

Cash-Out O C 1-4 Y Y 24 24 0 30 12 620 75 1000 680 75 2000 50 90

Know instantly if your client is eligible by answering a few quick questions. Visit Privlo Wholesale.com today. Your non-QM, non-agency lending partner.

Tell lenders you found them in Scotsman Guide

This matrix should be used to find detailed criteria for first mortgages that do not meet Qualified Mortgage standards.

Please consult the Subprime Niches matrix for other program/product information or unusual property/loan characteristics.

LEGEND: P=Purchase; R=Rate and Term Refi; C=Cash-Out Refi; O=Owner-Occupied; V=Vacation Home; N=Non-Owner-Occupied; BK=Bankruptcy; FC=Foreclosure;

SS=Short Sale; SE=Self-Employed; VA=Verified Assets; AD=Asset Depletion; I/O=Interest Only; F=Fixed Interest Rate; A=Adjustable Rate Mortage (ARM); B=Both
with one another — each line represents a specific
loan scenario or credit grade

PROGRAM NAME COMMEN TS
V
N
P
R
C FICO FICO $K $K LTV% LTV% SE
FULL
DOC BK

#

30s VA FC

#
Days AD SS

#
Months

OCC PURP

FICO/LTV LOAN AMOUNT CREDIT
MON THS
SINCE
MTG LATES

#
UNI TS DTI CLTV ARM TERMS
YRS
I/O
Fixed,
ARM,
Both
RATE

Athas Capital is the premier residential and commercial nonprime DIRECT lender. ACG is looking to expand its wholesale base for our CA residential and nationwide (except MI, VT) commercial lending product.

If you are a qualified and motivated account executive looking to align yourself with a real company with real funding ability, please send your inquiries and résumés to Kevin@athascapital.com. 877-877-1477 ext. 777 ATHAS CAPITAL GROUP IS HIRING

Come be a part of the tremendous growth at ACG and align yourself with true capability and expertise.  Field and Desk Rep positions available for California.