Matrix: Prime First Mortgages
Post your loan: ScotsmanGuide.com/LoanPost Search matrix: ScotsmanGuide.com/Prime1st
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.
<< Continued
Continued >>
Home Point Financial Corp. NATIONWIDE except: AR HI MO MS MT NM NV UT
866-400-1362 clientservices@homepointfinancial.com www.hpftpo.com
Conv Conf/Hi Bal Full V V V Y OVN PRC 1-4 620 97/417 95/625 45 0 NA B 5/1,7/1,10/1 Both DU and LP permitted
HomeReady Full V V V Y O PR 1-4 620 97/417 95/625 45 0 NA B 5/1,7/1,10/1 Flexibledownpmtandincome
DU Refi Plus SISA S V S Y OVN R 1-4 0 NA B 5/1,7/1,10/1 No LTV/FICO overlays
LP Open Access SISA S V S Y OVN R 1-4 0 NA B 5/1,7/1,10/1 No LTV/FICO overlays
Jumbo FRM Full V V V Y OV PRC 1-4 720 80/2000 755 65/2500 43 0 NA F Competitivepricing
Jumbo Std ARMs Full V V V Y OV PRC 1-2 700 80/1000 760 80/2000 43 0 NA A 5/1,7/1 Competitivepricing
Jumbo Exp ARMs Full V V V Y OVN PRC 1-2 740 89.9/1500 740 80/2000 42 80 NA A 5/1 Asset depletion permitted
Jumbo Interest Only Full V V V Y OVN PRC 1-2 720 80/1500 740 80/2000 42 0 NA A 5/1 Min loan amount $250K
Check out our new products, pricing and service. Home Point Financial is poised to help brokers grow their business with our innovation and follow-through.
JMAC Lending Inc. AZ CA CO DC FL GA HI MD NJ OR TX UT VA WA
949-390-2688 info@jmaclending.com www.jmaclending.com
JMAC Conf Full V V V Y N C 1 620 80/417 45 0/12 85 0 B Subject to AUS approval
JMAC Conf Full V V V Y O PR 1 620 95/417 45 0/12 95 0 B Subject to AUS approval & MI
HB-Conf Full V V V Y O PR 1 700 90/625 680 80/625 45 0/12 90 NA B Subject to AUS approval & MI
HB-Conf Full V V V Y O C 1 720 60/625 45 0/12 65 NA B DTI subject to AUS
HBLP-Conf Full V V V Y O PR 1 660 80/625 720 90/625 45 0/12 90 NA F 2 units at 70% max.
Open Access Full V V V Y O PR 1 680 125/417 620 105/417 45 0/12 75 NA F Subject to LP approval
Newport Full V V V Y O PR 1-4 720 95/1500 680 85/2500 43 0/12 95 10 B 360 95%max DTI35%,else43%
Newport Full V V V Y O C 1-4 720 90/1500 680 80/2500 43 0/12 90 10 B 360 90%max DTI35%,else43%
HBLP-Conf Full V V V Y N R 1-4 700 75/625 45 0/12 75 NA F DTIsubjecttoAUS
HBLP-Conf Full V V V Y N R 1-4 700 75/625 45 0/12 75 NA F NOO limited to 80% purchase
Venice NINA N V N Y OVN PRC 1-4 720 80/1000 65/2500 650 65/1000 50 0/12 80 10 A 360 Bank stm and foreign national
Newport Full V V V Y N PRC 1-4 680 80/2500 600 75/2500 43 0/12 80 10 B 360 Unlimitedcash-out
Competitive pricing. Premier brokers get .125-. 25 better on all programs with as few as 10 loans funded per quarter. Jumbo loan up to 95% with IO option over 30 or 40 year amortization - with no MI. Jumbo loan amount up
to $4M. Please contact us for more details.
NYCB Mortgage Banking NATIONWIDE
888-321-6446 potentialclient@mynycb.com www.nycbmortgage.com
Conf Fix & High-Bal Full V V V Y O PR 1 620 97/636 50 97 NA F 97% Purchase only 95% Refi
Conf Fix & High-Bal Full V V V Y O C 1 620 80/636 50 80 NA F Ratio AU determined 50% max
HomeReady Full V V V Y O PR 1 620 97/636 97 NA F 97% Purchase only 95% Refi
Std Jumbo ARM Full V V V Y O PR 1 740 85/1500 40 0/24 85 NA A No MI required
Conf Std ARM Full V V V Y O PR 1 620 90/636 50 90 NA A Ratio AU determined 50% max
Port Jumbo Full V V V Y O PR 1 740 75/1499 36 0/24 75 NA B Ratio loan size dependent
Jumbo 30 Fixed Full V V V Y O PR 1 740 90/1500 35 0/24 90 NA F 90% LTV no MI
Jumbo 30 Fixed Full V V V Y O C 1 720 70/1000 43 0/24 70 NA F Ratio 43% max
Jumbo Fixed 30yr, Texas Section 50(a)( 6), N YCB Purchase Accelerator Prequalification Program, two-time close transactions, LPMI up to 97% on conforming fixed products, DU Refi Plus, e-mail potentialclient@mynycb.com
to learn more!
This matrix should be used to find detailed program criteria for first mortgages only.
Please consult the Prime Niches matrix for other program/product information or unusual property/loan characteristics.
LEGEND: P=Purchase; R=Rate and Term Refi; C=Cash-Out Refi; O=Owner-Occupied; V=Vacation Home; N=Non-Owner-Occupied; NINA=No Income, No Asset;
SISA=Stated Income, Stated Asset; SIVA=Stated Income, Verified Asset; I/O=Interest Only; F=Fixed Interest Rate; A=Adjustable Rate Mortgage (ARM); B=Both
All parameters on each line are used in combination
with one another — each line represents a specific
loan scenario or credit grade
Type I E A 45
I=Income
E=Employment
A=Assets 45=4506
V=Verified S=Stated
O
V
N
P
R
C FICO %/$K %/$K %/$K FICO
Ratio
%
Mtg
Lates
30s
in the
Last
Mo
to
%
I/O
Period
Yrs
Fixed,
ARM,
Both
F/A/B ARM Terms
LTV / LOAN AMOUN T
Combinations tied to different scores
COMMENTS
CLTV
OCC PURP
DTI LTV / LOAN AMOUN T
DOCUMEN TATION MTG
LATES
#
UNITS PROGRAM NAME
D
I
S
P
L
AY
D
I
S
P
L
AY
D
I
S
P
L
AY
D
I
S
P
L
AY
D
I
S
P
L
AY
D
I
S
P
L
AY