Matrix: Prime Niches
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Advancial Federal Credit Union
100K 3M Y Y 1.5M PRC Y Y Y Y Y U Y Y U Y Y Y Y Y Y Y
NATIONWIDE Asset depletion, jumbos to $3M, cash in pocket to $1.5M, non-warrantable condos, co-ops, condotels, foreign national & expats along with
investment properties & hobby farms.
250K 2.5M Y 500K PRC Y Y Y Y
AZ CA CO DC OR TX U T Real-time non-QM pricing & eligibility engine, 24-hour prequals and money-back turn-time guarantees.
BofI Federal Bank
300K 10M YY 10M PRC YYYYYYY U Y U YYY YYYY
NATIONWIDE Non-QM jumbo/super-jumbo, niche portfolio lender.
Caliber Home Loans
425K2.5M 500KPRC YY Y10 4 Y Y Y
NATIONWIDE We're ready for your business! Conventional and portfolio products available. Our products make us different. Our people make us great.
Download broker app today!
Eastern Savings Bank FSB
0 3M YY 3M PRCYYYYYYY U YY U YYYY YYY Y
DE MD NJ N Y PA Specializing in residential and commercial non-QM mortgages. Jumbo loans (call for loans > $3M), NOO and non-warrantable condos.
20K850K 0PR Y YU 5 Y YY
NATIONWIDE Contact us today to find out about all of our Prime Niche products, including the Doctor Loan.
Florida Capital Bank Mortgage
453K 2M 500K PRC Y Y Y Y Y
NATIONWIDE except: AK HI Preferred Jumbo I/O 5/1, 7/1 ARM.
Home Point Financial Corp.
30K 2M none PRC Y Y Y
NATIONWIDE except: AR MO U T Top 10 nat’l HECM lender offering brokers full-service, in-house processing, underwriting & closing, w/fast turn times.
75K 2.5M Y Y 2.5M PRC Y Y Y Y Y Y 20 15 Y Y Y Y Y Y Y
AL AZ CA CO DC FL GA HI ID MD NC NJ NV OH OR TN TX UT VA WA Flexible Newport program up to95%LTV& cash-out up to 90% with NOMI up
to $1.5M. Venice program allows 1-yr seasoning for FC, SS, BK, in our prime first matrix.
Pacific Union Financial LLC
0 2M Y none PRC Y Y U Y Y 10 Y Y Y Y
NATIONWIDE except: HI We follow agency guidelines with very few overlays.
Plaza Home Mortgage Inc.
0 2M none PRC 10 Y
NATIONWIDE We understand that every client is unique and requires a product that meets their specific needs.
That is why we offer a diverse range of purchase and refinance programs.
PRMG - Paramount Residential
30K 3M 750K PRC Y Y Y 40 Y Y 10 Y Y Y Y Y Y Y
NATIONWIDE except: HI NY WY
Stearns Lending LLC
50K 3M none PRC Y Y Y 40 Y 10 Y Y Y Y
NATIONWIDE except: NY LTV>80% subject to MI; jumbo products - contact AE for details. LPMI to 97% LTV.
HARP, No AVM on FHA Streamline or IRRRL, 1.5/. 5 lender-paid buydowns.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
LOAN LIMITS CREDIT AND BORROWERS PROPERT Y TYPES LOAN CHARAC TERISTICS
14 Acreage: Max acres (U=Unlimited)
16 Few comparables:
log, dome, modern homes
17 Land and/or lot
18 Manufactured homes
19 Max. of financed properties allowed
21 Non-warrantable condominiums
7 Asset depletion
8 Pledged assets
10 Corporation, trust, LLC,
11 Foreign national,
12 Foreign national,
13 Manual under writing
22 ARM terms offered
23 Combos available
25 Interest-only ARMs offered
26 No prepayment penalty
27 No-seasoning refinance
28 Portfolio lender
29 Reverse mortgages
30 Second lender combo OK
1 Minimum loan amount ($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
LENDERNAME 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
who meet conventional or 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.