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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: firstname.lastname@example.org.
PRMG - Paramount Residential Mortgage Group NATIONWIDE except: N Y W Y
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 97/453 50 0 NA B 95% R/ T; ARM/2-4 lower LTV
High Balance Full V V V Y O PR 1-4 620 95/871 50 0 NA F Units avail w/lower LTV
AgencyDUPortfolio Full V V V Y O P 1 620 97/453 50 0 NA F Restrictionsapply
Agency DU Portfolio Full V V V Y O PR 1 0 90/453 0 NA Non-traditional credit
FHLMCSC Full V V V Y N P 1 620 95/679 50 0 NA B
Niche Full V V V Y OV PRC 4 745 90/2000 660 90/3000 43 0 NA B Options to 580 & no seasoning
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 NATIONWIDE except: N Y
Conf 1 unit Full V V V Y O PR 1 620 97/453 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 90/453 50 0/12 90 NA F See Guides FNMA 5-10 financed OK
Conf NOO Full V V V Y N P 1 620 85/453 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 80/453 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 AMOUN T
DOCUMEN TATION MTG
UNITS PROGRAM NAME