« Matrix: Prime Niches » Post your loan: ScotsmanGuide.com/LoanPost Search matrix: ScotsmanGuide.com/PrimeNiches PROPERTY-RELATED ITEMS 1 2 3 4 5 6 7 8 360 Mortgage Group LLC 888-410-3522 www.bofifederalbank.com NATIONWIDE CBC National Bank U Y Y Y Y Y 17 $ 18 19 20 22 23 24 25 50K Y Y Y Y 26 27 28 29 Y Y Y 60 Y Y Y 60 30 31 32 33 34 Y 0 Y Y Y Y Y Y Y Y 300K Y Y Y 90 Y Y Y Asset-depletion underwriting for income qualification. Pledged-asset and Foreign Nationals program. Non-warrantable condos, co-op lending, unique property types. Y Y 50K Y Y Y NATIONWIDE except: AZ NV Y Y 60 Y Visit www.CBConnex.com to partner with us. Y Y Y 100K Y Y Y Y Y Y 60 Y 60K NATIONWIDE except: MA NE iApprove Lending 5 Y Y 300K CA CO FL GA OR TX Y Y Y Y Y Y Y Y 60 Y Y Y 45 dISPlay NATIONWIDE except: AK HI ID MA MO MS MT ND NE NH NY SD WV WY FHA flips; no seasoning on FHA short sales; NOO Streamlines; no appraisal IRRRL; DU/LP refi plus, fully delegated jumbo up to $2M. Competitive rates and quick turn times. For 24-hour broker approval, e-mail [email protected]. 855-729-2883 www.homebridgewholesale.com Y Y Stated-income minimum loan amount $417,001; 12-month bank statements; foreign nationals. dISPlay Y dISPlay Y Impac Mortgage Corp. JMAC Lending Inc. 10 949-390-2688 www.jmaclending.com AZ CA CO GA OR TN TX UT VA WA Mortgage Assurance Inc. 10 770-238-1565 x112 www.maibroker.com AL CO CT FL GA IL KY MD ME MN NC NH PA SC TN VA WA Mortgage Solutions Financial U 866-852-8563 www.msfhome.com/wholesale-lending AK AZ DC DE HI MA ME MN MS MT ND NH NV NY SD VA VT New American Funding 20 35K Y Y Y Y Y 60 NATIONWIDE except: DE HI MA ME MO MT NH NJ NM NY PA RI VT WY Impac Mortgage Corp. Wholesale team lends in 40 states with competitive pricing, no overlays, a vast product array including conventional, fixed, ARMs, FHA/VA/USDA and jumbo up to $3 million. Visit www.ImpacWholesale.com for info. Y Y Y 75K Y Y Y Y Y Y Y 45 Check out our Jumbo up to 89.9% LTV with no MI. And see our Imperial that allows one year seasoning for foreclosures, short sales and bankruptcies, in our Prime First matrix. Y Y Y Y Y Y 50K Y Y Y 60 Y Y Check out our website at www.MAIbroker.com for program guidelines. Please contact Kevin J. Green with any questions. [email protected] Y 25K Y Y Y Y Y 60 Y Y We offer manufactured-home and rural-housing programs. Go to www.msfhome.com/wholesale-lending for more info. Y Y 50K Y Y Y Y Y Y 60 Y NATIONWIDE except: AK AL AR DC DE HI LA ME MS ND NH NY RI SD WY Check our website at www.newamericanwholesale.com to see our wide spectrum of products, which includes conforming, FHA/VA, HomePath, DU RefiPlus, Open Access, 5-10 financed properties as well as LPMI. Contact us at [email protected]. Y dISPlay Y New Penn Financial LLC 866-886-9285 www.GoNewPenn.com NATIONWIDE except: AK HI MA dISPlay 877-999-0799 www.newamericanwholesale.com 16 Nationwide wholesale, table funding, correspondent, correspondent delegated, flow or bulk. We underwrite or you can - same price. No junk fees such as underwriting fees or commitment fees regardless of loan type or channel. Y HomeBridge Wholesale 888-896-7606 www.impacwholesale.com 15 dISPlay Y U ClearVision Funding dISPlay 21 14 dISPlay Y BofI Federal Bank 714-775-5353 www.iapprovelending.com 13 NATIONWIDE except: AK CT HI MA MT ND NH NJ NY RI SD VT NATIONWIDE 800-222-0042 www.clearvisionfunding.com 12 Y 866-656-9728 www.afrwholesale.com 888-486-4304 www.cbconnex.com 11 Bridge loans Freddie Mac: Loan Prospector (LP) Freddie Mac: Affordable Gold Fannie Mae: Desktop Originator (DO) Fannie Mae: MyCommunityMortgage Fannie Mae: Desktop Underwriter (DU) Govt.: FHA Direct Endorsement Govt.: VA Lock: Longest lock available (number of days) Lock without property address Pledged asset option Reverse mortgages Tenants-in-common (TIC) Rural property/part-time farm dISPlay American Financial Resources Inc. 10 21 22 23 24 25 26 27 28 29 30 31 32 33 34 dISPlay dISPlay dISPlay 866-418-2997 www.360mtg.com 9 13 Aliens/foreign nationals: No green card, second home 14 Aliens/foreign nationals: No green card, investment property loans are available 15 Builders, Realtors, developers: No-income verifier loans available 16 Corps., trusts, partnerships and LLCs 17 Minimum loan amount 18 Non-owner: More than 10 financed properties allowed regardless of loan amount 19 Ratio: Combined ratios are allowed with non-occupant co-borrower 20 Remodel: Conventional at afterremodel value NYCB Mortgage Company LLC | New York Community Bank U 888-321-6446 www.nycbmortgage.com NATIONWIDE 1 3 Y Y Y Y 60 National mortgage banker specializing in non-agency loans. $100K to $2M. True portfolio programs. We service all loans. Visit GoNewPenn.com to sign up. Y 2 100K Y Y 0 Y Y Y 60 Y We are national leaders in wholesale and correspondent solutions. To learn how you can win while leveraging the benefits of our model, e-mail [email protected]. 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 31 32 33 34 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: [email protected]. Continued >> Tell lenders you found them in Scotsman Guide Scotsman Guide Residential Edition | ScotsmanGuide.com | November 2014 65 dISPlay COMPANY NAME Acreage: Max # acres on res. property (U=Unlimited) Condo: Non-Fannie Mae/Freddie Mac warrantable Condo: With only 2-3 units Condotels at resort destinations Co-ops Dome homes Land: Purchase of subdivided lot Land: Purchase of undeveloped raw land Log homes Manufactured home (post-1976) Second dwelling on single tax lot Zoning: Non-owner <5 units: Zoned other than residential PROGRAMS AND OPTIONS dISPlay This matrix should be used to find general program information/product types, unusual property or loan characteristics. Please consult the Prime 1st Mortgages matrix for detailed program criteria. 1 2 3 4 5 6 7 8 9 10 11 12 MISCELLANEOUS « Matrix: Prime Niches » Post your loan: ScotsmanGuide.com/LoanPost Search matrix: ScotsmanGuide.com/PrimeNiches << Continued 21 COMPANY NAME 1 PRMG - Paramount Residential Mortgage Group 40 951-278-0000 www.prmg.net NATIONWIDE except: AK AL FL GA HI KY LA MS NJ NY OH UT VA WV 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! Rushmore Home Loans 10 Stearns Lending LLC 888-202-0878 www.rushmorehl.com 800-350-5363 www.stearnswholesale.com USA Direct Funding 888-697-3860 www.usadirectfunding.com 2 3 4 5 6 7 8 Y 9 10 11 14 15 16 Y NATIONWIDE except: AK MA MO 17 $ 18 30K Y U 12 Y 19 20 Y Y 22 23 24 25 Y 75K Y Y 26 27 28 29 Y Y Y 180 Y Y Y 30 31 32 60 33 34 Y Rushmore Home Loans focuses on building a wholesale-lending entity with the best service levels and customer experiences in the industry, supported by competitive pricing and products. Submit. Achieve. Grow. Y 50K Y Y Y Y Y Y 60 Y NATIONWIDE except: NY LTV > 80% subject to MI guidelines; jumbo product available - contact ROC for details. FNMA HomePath; LPMI to 95% LTV, 680 FICO, conforming fixed; HARP; FHA Back to Work. No AVM on FHA Streamline OR IRRRL 20 Y Y CA ID OR WA Y Y 60K Y Y Y Y Y 58 1-day off the market, USDA, jumbo, Homepath; much more. Ask about our Mortgage Assurance Program at no cost to you or your borrowers! Locally owned and operated. Tell lenders you found them in Scotsman Guide 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 31 32 33 34 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: [email protected]. Scotsman Guide Residential Edition | ScotsmanGuide.com | November 2014 67 dISPlay 13 Bridge loans Freddie Mac: Loan Prospector (LP) Freddie Mac: Affordable Gold Fannie Mae: Desktop Originator (DO) Fannie Mae: MyCommunityMortgage Fannie Mae: Desktop Underwriter (DU) Govt.: FHA Direct Endorsement Govt.: VA Lock: Longest lock available (number of days) Lock without property address Pledged asset option Reverse mortgages Tenants-in-common (TIC) Rural property/part-time farm dISPlay 21 22 23 24 25 26 27 28 29 30 31 32 33 34 dISPlay 13 Aliens/foreign nationals: No green card, second home 14 Aliens/foreign nationals: No green card, investment property loans are available 15 Builders, Realtors, developers: No-income verifier loans available 16 Corps., trusts, partnerships and LLCs 17 Minimum loan amount 18 Non-owner: More than 10 financed properties allowed regardless of loan amount 19 Ratio: Combined ratios are allowed with non-occupant co-borrower 20 Remodel: Conventional at afterremodel value dISPlay Acreage: Max # acres on res. property (U=Unlimited) Condo: Non-Fannie Mae/Freddie Mac warrantable Condo: With only 2-3 units Condotels at resort destinations Co-ops Dome homes Land: Purchase of subdivided lot Land: Purchase of undeveloped raw land Log homes Manufactured home (post-1976) Second dwelling on single tax lot Zoning: Non-owner <5 units: Zoned other than residential PROGRAMS AND OPTIONS dISPlay This matrix should be used to find general program information/product types, unusual property or loan characteristics. Please consult the Prime 1st Mortgages matrix for detailed program criteria. 1 2 3 4 5 6 7 8 9 10 11 12 MISCELLANEOUS dISPlay PROPERTY-RELATED ITEMS
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