« Matrix: Prime Niches »
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NYCB Mortgage Banking
0 3.5M 2.5M PRC Y Y Y 10 U Y Y Y
NATIONWIDE Texas Section 50(a)( 6), N YCB Purchase Accelerator Prequalification Program, two-time close transactions, DU Refi Plus,
portfolio programs not available in all states.
Pacific Union Financial LLC
0 2M none PRC Y Y U Y Y 10 Y Y Y Y
NATIONWIDE except: AK HI MT NY WV We follow agency guidelines with very few overlays.
Plaza Home Mortgage Inc.
0 none none PRC 10 Y
NATIONWIDE We understand that every client is unique and requires a product that meets their specific needs. That is why we offer a diverse range of purchase
and refinance programs.
PRMG - Paramount Residential
30K3M 750KPRCYY Y40 10 Y YY
NATIONWIDE except: HI MO NY
Stearns Lending LLC
50K 3M none PRC Y Y Y 40 Y 10 Y Y Y Y
NATIONWIDE except: NY LTV>80% subject to MI; jumbo products - contact AE for details. LPMI to 95% LTV. HARP, FHA "Back to Work." No AVM on FHA
Streamline or IRRRL.
USA Direct Funding
60K 1.5M 750K PRC Y Y Y 20 U Y Y Y Y Y
CA ID OR WA We are locally owned, operated and trusted. Conventional, 1-day off MLS, jumbo, FHA, VA, USDA and everything in between.
Call us today to experience the USA Direct difference.
LOAN LIMITS CREDIT AND BORROWERS PROPERT Y TYPES LOAN CHARAC TERISTICS
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 LENDER NAME
1 Minimum loan amount ($K)
2 Maximum loan amount ($K)
3 Non-QM, conforming loan amounts
4 Non-QM, jumbo loan amounts
5 Maximum cash-out ($K)
R=rate & term refi
14 Acreage: Max acres (U=Unlimited)
16 Few comparables:
log, dome, modern homes
17 Land and/or lot
18 Manufactured homes
19 Max. of financed properties allowed
21 Non-warrantable condominiums
7 Asset depletion
8 Pledged assets
10 Corporation, trust, LLC,
11 Foreign national,
12 Foreign national,
13 Manual under writing
22 ARM terms offered
23 Combos available
25 Interest-only ARMs offered
26 No prepayment penalty
27 No-seasoning refinance
28 Portfolio lender
29 Reverse mortgages
30 Second lender combo OK
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
The Prime Niches matrix describes
mortgages for credit-worthy borrowers
;ho meet con;entional o; non;Qualified;
Mortgage (QM) credit guidelines. This
matrix assumes 1-4 unit residential
properties. Maximums may not apply to
all borrowers, properties or loan types.
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