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
Florida Capital Bank Mortgage NATION WIDE except: AK HI
617-899-1428 alefebvre@flcb.com flcbmtg.mortgagebotlos.com
Conforming Fixed Full V V V Y OVN PRC 1-4 620 95/453 0 NA F AUS approved eligible
Conforming ARM Full V V V Y OVN PRC 1-4 620 95/453 0 NA A 5/1, 7/1, 10/1 AUS approved eligible
HomeReady Full V V V Y O PR 1 660 97/453 0 NA F LPMIavailable
Home Possible Full V V V Y O PR 1 660 97/453 0 NA F LPMIavailable
FHA/VA Full V V V Y O PRC 1-4 620 0 NA F AUSapprovedeligible
Jumbo Fixed Full V V V Y OVN PRC 1-4 661 90/1000 43 0 NA F
Jumbo ARMs Full V V V Y OVN PRC 1-4 661 90/1000 43 0 NA A 5/1, 7/1, 10/1
1xConstruction Full V V V Y O PR 1 680 95/453 45 0 NA F DUapprovedeligible
Home Point Financial Corp. NATIONWIDE except: AR MO UT
866-400-1362 clientservices@homepointfinancial.com www.hpftpo.com
Conv Conf/Hi Bal Full V V V Y OVN PRC 1-4 620 97/424 95/636 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 97/424 95/636 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 Prem FRM/ARM Full V V V Y OVN PRC 1-4 680 85/2000 43 0 NA B 5/1,7/1,10/1 Competitive pricing
Jumbo Select FRM/ARM Full V V V Y OVN PRC 1-4 700 70/1000 43 0 NA B 5/1,7/1,10/1 Competitive pricing
Jumbo Choice FRM/ARM Full V V V Y OVN PRC 1-4 661 80/1500 680 75/2000 43 0 NA B 5/1,7/1,10/1 Competitivepricing
Home Possible Full V V V Y ON PR 1-4 620 95/424 0 NA B 5/1,7/1,10/1 Flexibledownpayment
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 AL AZ CA CO DC FL GA HI ID IN MD NC NJ NV OH OR SC TX UT VA WA
844-888-JMAC (5622) sales@jmaclending.com www.jmaclending.com
JMAC Conf Full V V V Y N C 1 620 80/453 50 0/12 85 0 B Subject to AUS approval
JMAC Conf Full V V V Y O PR 1 620 97/453 43 0/12 95 0 B Subject to AUS approval & MI
HB-Conf Full V V V Y O PR 1 700 90/701 680 80/701 45 0/12 90 NA B SubjecttoAUSapproval&MI
HB-Conf Full V V V Y O C 1 720 60/701 50 0/12 65 NA B DTI subject to AUS
HBLP-Conf Full V V V Y O PR 1 660 80/701 720 90/701 50 0/12 90 NA F 2 units at 70% max.
Open Access Full V V V Y O PR 1 680 125/453 620 105/453 50 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%maxDTI35%,else43%
HBLP-Conf Full V V V Y N R 1-4 700 75/701 45 0/12 75 NA F DTIsubjecttoAUS
HBLP-Conf Full V V V Y N R 1-4 700 75/701 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 Unlimitedc/o,upto50%DTI
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 I/O option over 30 or 40 year amortization - with no MI.
Jumbo loan amount up to $5M. Please contact us for more details.
This matrix should be used to find detailed program criteria for first mortgages only.
Please consult the Prime Niches matrix for other program/product information or unusual property/loan characteristics.
LEGEND: P=Purchase; R=Rate and Term Refi; C=Cash-Out Refi; O=Owner-Occupied; V=Vacation Home; N=Non-Owner-Occupied; NINA=No Income, No Asset;
SISA=Stated Income, Stated Asset; SIVA=Stated Income, Verified Asset; I/O=Interest Only; F=Fixed Interest Rate; A=Adjustable Rate Mortgage (ARM); B=Both
All parameters on each line are used in combination
with one another — each line represents a specific
loan scenario or credit grade
Type I E A 45
I=Income
E=Employment
A=Assets 45=4506
V=Verified S=Stated
O
V
N
P
R
C FICO %/$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
