Matrix: Prime First Mortgages
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Plaza Home Mortgage Inc. NATIONWIDE
Agency Conf Full V V V Y O PR 1 620 95/417 0/12 95 NA B LP ARMs to 95%
Agency Conf Full V V V Y O C 1 620 85/417 0/12 85 NA F No cash-out limit
AgencyConf Full V V V Y V PR 1 620 90/417 0/12 90 NA F
Agency Conf Full V V V Y N P 1 620 85/417 0/12 85 NA B LP ARMs to 85%
LP Home Possible Full V V V Y O PR 1-2 620 95/417 50 0/12 105 NA B DU My Community also available
HARP 125 Full V V V Y OV R 1-4 680 125/417 43 0/12 0 NA F DU/LP MI transfers OK
Jumbo Elite Full V V V Y O P 1 720 80/1500 43 0/12 80 NA F ARM also available
Jumbo Elite Full V V V Y O C 1 700 65/1000 43 0/12 65 NA F Loan amount up to $2.5M
We understand that every client is unique and requires a product that meets their specific needs. That’s why we offer a diverse range of purchase and refinance conventional and government loan programs, all under one roof.
PRMG - Paramount Residential Mortgage Group NATIONWIDE except: HI NY WY
Platinum Full V V V Y O PR 1-4 720 70/2500 680 65/1500 39 0 NA B
HomeReady Full V V V Y O PR 1-4 620 97/424 50 0 NA B 95% R/ T; ARM/2-4 lower LTV
High Balance Full V V V Y O PR 1-4 620 95/815 50 0 NA F ARMs/Units avail w/lower LTV
AgencyDUPortfolio Full V V V Y O P 1 620 97/424 50 0 NA F Restrictionsapply
Agency DU Portfolio Full V V V Y O PR 1 0 90/424 0 NA Non-traditional credit
FHLMCSC Full V V V Y N P 1 620 95/656 620 80/815 50 0 NA B
Niche Full V V V Y OV PRC 4 660 90/3000 650 85/3000 43 0 NA B Optionsto580&noseasoning
Fixed 2nds Full V V V Y OV PR 4 720 95/500 680 85/500 43 0 NA F Piggyback 2nd w/ PRMG 1st
PRMG is a national leading lender! “Built by Originators for Originators.” We deliver big on jumbo-purchase, agency-conforming/high-balance and conventional loan products with a high focus on providing the best
pricing and service!
Stearns Lending LLC NATION WIDE except: N Y
Conf 1 unit Full V V V Y O PR 1 620 97/424 50 0/12 105 NA F Max 90% FNMA PI W; LP/FHLMC OK; >95% DU
Conf 2nd home Full V V V Y V PR 1 620 90/424 50 0/12 90 NA F See Guides FNMA 5-10 financed OK
Conf NOO Full V V V Y N P 1 620 85/424 50 0/12 80 NA F See Guides FNMA 5-10 financed OK
Conf C/O OO Full V V V Y O C 1 620 80/424 50 0/12 80 NA F See Guides 6 mo. seasoning
High Bal OO Full V V V Y O PR 1 620 95/636 50 0/12 95 NA F See Guides FNMA; for FHLMC see guidelines
High Bal C/O Full V V V Y O C 1 620 80/636 50 0/12 80 NA F See Guides
Jumbo Full V V V Y O PR 1 700 80/1500 720 70/2000 43 0/12 80 NA B See Guides Call AE for more jumbo options
Jumbo C/O Full V V V Y O C 1 740 70/2000 43 0/12 70 NA B See Guides Call AE for more jumbo options
LTV>80% subj to MI; Jumbos; LPMI to 97%; Open Access HVE; DU Refi Plus PI W; HARP MI transfer with UGI, MGIC, Radian, PMI, Genworth, RMIC; seller-paid and lender-paid buydowns available, call for details; DU and LPA.
HomeReady and Home Possible offered.
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
C FICO %/$K %/$K %/$K FICO
F/A/B ARM Terms
LTV / LOAN AMOUN T
Combinations tied to different scores
DTI LTV / LOAN AMOUNT
DOCUMENTATION M TG
UNITS PROGRAM NAME