Portfolio Wholesale Fees
|
|
|
- Bethanie Anderson
- 5 years ago
- Views:
Transcription
1 PORTFOLIO ARM - BORROWER PAID 5/1 LIBOR ARM 6/2/6 (JP51, JP51IO) 7/1 LIBOR ARM 6/2/6 (JP71) 10/1 LIBOR ARM 6/2/6 (JP101) Base Rate 21 Day 30 Day 45 Day 60 Day Base Rate 21 Day 30 Day 45 Day 60 Day Base Rate 21 Day 30 Day 45 Day 60 Day Rate Adjustments Price Adjustments ARM Features 2nd Home Max of 2 extensions - Not to exceed original lock term Rate Floor = Note Rate 2-4 Unit Property 7 Day Lock Extension - Margin = 3.25 Investment (18 mo. Pre-Payment Penalty) Day Lock Extension - Caps = 6/2/6 FICO or No FICO 30 Day Lock Extension FICO (Exception) FICO (Exception) FICO <640 (Exception) Loan Amount $300K - $424.1K Portfolio Wholesale Fees Lender Fee Trust/Entity Review $1, $ Information Max Pricing Borrower rebate (after LPC) is capped at the lesser of the total of non-recurring closing costs or $3,000. To Loan Amount $424.1K - $2.5MM TX Doc Review $ calculate the maximum rebate allowed divide 3000 by the loan Loan Amount $2.5MM - $5.0MM Non-Resident Alien Review $ amount. Example: 3,000 / 500,000 = x 100 = 0.6 In this Loan Amount $5.0MM+ (Exception) Purchase Money TBD - Privacy Mortgage $ example the max. borrower price would be Loan To Value (LTV) 50% Cross-Collateralization (Wholesale Only) Interest Only (Max 60% LTV/CLTV) 5/1 ARM Only Cash Out Condo (Condotel Max 50% LTV) - Lender Paid Comp Lender Paid Compensation is equal to 1% of the loan amount. Non-Traditional Credit or No FICO Borrowers who have Non- Traditional credit or No FICO we assume a 680 FICO for pricing purposes. Qualifying FICO For qualification and pricing purposes the Co-Op (New York Only) lowest middle score of all the borrowers is used (if more than Asset Depletion one borrower is applying). LTV Eligibility Matrix Property Type $1MM LTV/CLTV >$1MM - $2MM LTV/CLTV >$2MM - $3MM LTV/CLTV >$3MM - $5MM LTV/CLTV Primary Residence - Purchase 1 Unit 70 / / / / Unit 70 / / / / 60 Condo/Co-Op 65 / / / / 60 Primary Residence - Rate & Term 1 Unit 70 / / / / Unit 70 / / / / 60 Condo/Co-Op 65 / / / / 60 Primary Residence - Cash Out 1 Unit 65 / / / / Unit 65 / / / / 55 2nd Home - Purchase 1 Unit 65 / / / / Unit 65 / / / / 60 Condo/Co-Op 65 / / / / 60 2nd Home - Refinance (Rate/Term) 1 Unit 60 / / / / Unit 60 / / / / 55 2nd Home - Refinance (Cash Out) 1 Unit 60 / / / / Unit 60 / / / / 55 Investment - Purchase 1 Unit 60 / / / / Unit 60 / / / / 50 Condo/Co-Op 55 / / / / 50 Investment - Refinance (Rate/Term) 1 Unit 60 / / / / Unit 60 / / / / 50 Condo/Co-Op 55 / / / / 50 Investment - Refinance (Cash Out) 1 Unit 60 / / / / Unit 60 / / / / 45 Condo/Co-Op 55 / / / / 45
2 Axos Bank Wholesale SFR Ratesheet Borrower Paid Lock Desk Wholesale Sales Inquiries Lock Requests: 12 Month Bridge Loan (Interest Only) - BORROWER PAID ONLY Base Rate Par (100.00) Loan Level Rate Adjustments Investment Property nd Home 0.25 Cash Out 0.25 Lender Fee Axos Bank Origination Fee = 1% of Loan Amount Axos Bank Lender Fee = $ Eligibility Property Type 1-4 Unit SFR only Occupancy Type Owner Occupied, 2nd Home, and Investment Minimum FICO 680 Minimum Loan Size $1,000,000 Maximum LTV 55% Loan Term Payment Term Listing Requirements Citizenship 1 Year with option to renew. Two extensions of 6 months are allowed (12 months total). The 6 month extension option is at a cost of.50% of the original loan amount and a $500 renewal review fee for each renewal requested. Interest Only Average Marketing Time for the neighborhood may not exceed 6 months NRA (Non Resident Alien) NOT ELIGIBLE Please see full guidelines online for more information
3 PRIME JUMBO 30 Year Fixed (PJFX30) 15 Year Fixed (PJFX15) Max Rebate - Lender Paid Comp 1% /1 LIBOR ARM 2/2/5 (PJ51) 7/1 LIBOR ARM 5/2/5 (PJ71) 10/1 LIBOR ARM 5/2/5 (PJ101) Rate 15-Day 30-Day 45-Day 60-Day PRIME JUMBO LLPAs $1.0MM / FICO 60.00% % % % % % >$1.0MM - $1.5MM / FICO 60.00% % % % % % >$1.5MM - $2.0MM / FICO 60.00% % % % % % >$2.0MM - $2.5MM / FICO 60.00% % % % % % State 60.00% % % % % % FL NV AZ CA Purpose / Property / Misc 60.00% % % % % % 2 Units Condo nd Home (1 Unit) 700+ FICO Investment Purchase Cash Out Escrow Waiver Borrower rebate capped at total of 3rd party closing costs, not to include any type of broker comp, escrow pre-paids, property taxes, or insurance. Lender Fee $815.00
4 ENTERPRISE NON-QM 30 Year Fixed, 40 Year Fixed (EJ30, EJ40) Rate 15-Day 30-Day 45-Day 60-Day Program Notes Min. Loan Amount 100K Max. Loan Amount $2.5MM Florida Condo Max 50% LTV Max Rebate - Lender Paid Comp 1% *Housing Event BK Mtg History 0x30x Co-ops Non-Warrantable Condo Foreign National ARM Margin ARM Caps 5/1 2/2/5 Prepay Penalty Buyout Adjustments (Investor Only) ARM Caps 7/1 5/2/5 3 Year Index 1 Yr LIBOR 2 Year ARM Floor Floor = Margin 1 Year * Includes Short Sale, Deed-in-Lieu, Foreclosure, Modification No Prepay Penalty /1 LIBOR ARM (EJ51) 7/1 LIBOR ARM (EJ71) *40 Year Fixed 40 Year fixed is only available as an Interest Only option. New York State - Loan Limit In New York State, the loan amount must exceed FHFAs High Cost Count Limit. Not applicable for Investor Properties ENTERPRISE NON-QM LLPAs FICO 60.00% % % % % % % x30 Mtg DQ (4+ Yrs Credit Event) Loan Amount 60.00% % % % % % % DTI > 43% 680+ FICO DTI > 43% <680 FICO Interest Only UPB 250K UPB > $1.5MM Purchase Cash Out Investor Second Home Condo Non-Warrantable Condo 2-4 Unit Property Asset Utilization Non-CA State *Borrower rebate capped at total of 3rd party closing costs, not to include any type of broker comp, escrow pre-paids, property taxes, or insurance. Lender Fee $815.00
5 ENTERPRISE EXPRESS NON-QM 1 Year Tax Return + YTD P&L for Self Employed Borrowers 30 Year Fixed, 40 Year Fixed (EE30, EE40) Rate 15-Day 30-Day 45-Day 60-Day Program Notes Min. Loan Amount 100K Max. Loan Amount $2.5MM Florida Condo Max 50% LTV Max Rebate - Lender Paid Comp 1% *Housing Event BK Mtg History 0x30x Co-ops Non-Warrantable Condo Foreign National ARM Margin ARM Caps 5/1 2/2/5 Prepay Penalty Buyout Adjustments (Investor Only) ARM Caps 7/1 5/2/5 3 Year Index 1 Yr LIBOR 2 Year ARM Floor Floor = Margin 1 Year * Includes Short Sale, Deed-in-Lieu, Foreclosure, Modification No Prepay Penalty /1 LIBOR ARM (EE51) 7/1 LIBOR ARM (EE71) *40 Year Fixed Year fixed is only available as an Interest Only option. New York State In New York State, the loan amount must exceed FHFAs High Cost Count Limit. Not applicable for Investor Properties ENTERPRISE EXPRESS NON-QM LLPAs FICO % % % % % % x30 Mtg DQ (4+ Yrs Credit Event) Loan Amount % % % % % % DTI > 43% 680+ FICO DTI > 43% <680 FICO Interest Only UPB 250K UPB > $1.5MM Purchase Cash Out Investor Second Home Condo Non-Warrantable Condo 2-4 Unit Property Non-CA State Express Doc - 1 yr Tx Rtrn + P&L *Borrower rebate capped at total of 3rd party closing costs, not to include any type of broker comp, escrow pre-paids, property taxes, or insurance. Lender Fee $ This information is prepared for real estate and mortgage professionals only. It is not intended for public distribution or consumer information as it is not an advertisement presented within the guidelines required by the Truth-In-Lending Act or other pertinent federal regulations.
Portfolio Wholesale Fees
https://correspondent.axosbank.com PORTFOLIO ARM - BORROWER PAID 5/1 LIBOR ARM 6/2/6 (JP51, JP51IO) 7/1 LIBOR ARM 6/2/6 (JP71) 10/1 LIBOR ARM 6/2/6 (JP101) Base Rate 21 Day 30 Day 45 Day 60 Day Base Rate
Portfolio Wholesale Fees. Lender Paid Comp. calculate by dividing 4000 by the loan amount and multiplying. LTV Eligibility Matrix
Axos Bank Wholesale Borrower Paid SFR Ratesheet Lock Desk Wholesale Sales Inquiries Monday, October 22, 2018 Lock Requests: PORTFOLIO ARM - BORROWER PAID 5/1 LIBOR ARM 6/2/6 (JP51, JP51IO) 7/1 LIBOR ARM
PORTFOLIO ARM - BORROWER PAID
BofI Federal Bank Wholesale Borrower Paid SFR Ratesheet Lock Desk Email: lockdesk@bofi.com Wholesale Sales Inquiries Thursday, June 28, 2018 Lock Requests: PORTFOLIO ARM - BORROWER PAID 5/1 LIBOR ARM 6/2/6
PORTFOLIO ARM - BORROWER PAID
BofI Federal Bank Wholesale Borrower Paid SFR Ratesheet Lock Desk Email: lockdesk@bofi.com Wholesale Sales Inquiries Tuesday, March 20, 2018 Lock Requests: PORTFOLIO ARM - BORROWER PAID 5/1 LIBOR ARM 6/2/6
PORTFOLIO ARM BORROWER PAID RATE SHEET For Lender Paid Comp Plan see below
PORTFOLIO ARM BORROWER PAID RATE SHEET For Lender Paid Comp Plan see below 5/1 LIBOR (Portfolio 6/2/6) ARM (JP51, JP51IO) 7/1 LIBOR (Portfolio 6/2/6) ARM (JP71) 10/1 LIBOR (Portfolio 6/2/6) ARM (JP101)
AGENCY CONFORMING & HIGH BALANCE (Fannie Mae DU) BORROWER PAID
AGENCY CONFORMING & HIGH BALANCE (Fannie Mae DU) BORROWER PAID 30 & 25 Year Fixed Agency DU (DU30, DU25) 20 Year Fixed Agency DU (DU20) 15 & 10 Year Fixed Agency DU (DU15, DU10) 4.750 107.140 107.029 106.957
THE LSMG JUMBO PRODUCT
THE LSMG JUMBO PRODUCT Primary Residence: Purchase Property Type 2-unit Max LTV/CLTV/ Max Loan Min Loan Amount 2 Amount 3 Min FICO Score 4 Max 85% 6 $1,000,000 760 36% / 43% 80% $1,500,000 720 40% / 43%
FHA LOAN ADJUSTMENTS
FHA Programs 19000 MacArthur Blvd., Ste 200 Date: Rate Sheet ID: Borrower Paid FHA 30 Year Fixed FHA 15 Year Fixed FHA 30 Year Fixed (HB) 3.125 2.356 2.415 2.665 2.625 2.305 2.344 2.594 3.625 (0.737) (0.627)
Specialty Lending Rates and Programs
February 6, 2018 8:35:19 AM Specialty Lending s and Programs GreenBox Loans, Inc. 3250 Wilshire Blvd, #1900 Phone: (800) 919-1086 Gbox CA BRE License# 01300944 Gbox CA DBO License# 603L516 Gbox NMLS# 333659
REG Z PORTFOLIO ARMS - Primary Residence. REG Z PORTFOLIO ARMS - Non-Owner Occupied (Cash out or Delayed Finance, Not Business Entity) A+ CREDIT
California Luther Burbank Savings ~ Wholesale Rate Sheet 5/23/2016 8:00 AM PST Lock Desk: 7:30 AM - 4:00 PM PST, Monday - Friday Index: Website www.lutherburbanksavingswholesale.com 1 Yr LIBOR 1.2990%
Silvergate Expanded % % % % % % % % % %
Silvergate Expanded Silvergate Bank Correspondent Lending (SCL) Non- QM 5/1, 7/1 ARM And Fixed Rate Product Matrix Date 5/10/2018 Loans meeting the parameters outlined in this guideline matrix must be
Portfolio Libor Arms Guidelines
Portfolio Libor Arms Guidelines Effective Date: 02/21/2017 Loans meeting the parameters outlined in this guideline matrix must be consistent with the Dodd Frank Wall Street Reform and Consumer Protection
Expanded Prime Matrix
Expanded Prime Matrix Program Max LTVs Primary and Second Homes Program Requirements Alternative Doc Enhanced Debt Ratio Loan Amount FICO Purch. & R/T Purch. & R/T 50% DTI or 24 Mos Bank Stmts Minimum
Portfolio JUMBO ALT DOC PFA 1, PFA 2, PFA 3 Up to 50% LTV w/620 FICO, ALL property types & loan amount up to $2.5 mil
Portfolio JUMBO ALT DOC PFA 1, PFA 2, PFA 3 Up to 50% LTV w/620 FICO, ALL property types & loan amount up to $2.5 mil Up to 55% LTV w/720 FICO / loan amount up to $1.0 mil 1 unit Portfolio JUMBO FULL Doc
NON-QM MATRIX WHOLESALE DIVISION Sky Park Circle, Ste 100, Irvine, CA rev. March 12, FULL DOC. Min.
SILVER NON-QM MATRIX WHOLESALE DIVISION 17802 Sky Park Circle, Ste 100, Irvine, CA 92614 rev. March 12, 2018 www.ec-tpo.com PRODUCT DESCRIPTION Full doc available for Self Employed and W 2 borrowers 24
"Ultra Standard" (Full Doc) & "Ultra 24" (Alt Doc) Eligibility Chart
Effective Date: 09/19/2017 Loans meeting the parameters outlined in this guideline matrix must be consistent with the Dodd Frank Wall Street Reform and Consumer Protection Act Ability to Repay (ATR). Documentation
ClearEdge Core Full Doc/ Express Doc/Bank Statements
ClearEdge Core Full Doc/ Express Doc/Bank Statements / Cash-Out Owner / Second Home / Non-Owner Loan Amount Credit Score LTV/CLTV Recent Credit Event** LTV/CLTV 680 90 Purchase Only 85 $1.5 MM 640 85 80
FULL DOC. PURPOSE/OCCUPANCY/UNITS LTV CLTV Minimum FICO. Owner Occupied (O/O) 1 unit 80% 80% unit (see MI section below) 95% 95% 700
FULL DOC PURPOSE/OCCUPANCY/UNITS LTV CLTV Minimum FICO PURCHASE Owner Occupied (O/O) 1 unit (see MI section below) 95% 95% 700 1 unit (see MI section below) 97% 97% 720 2 units (see MI section below) 95%
Fannie Mae High Balance Matrix
Revision: July 16, 2016 (Product Information Center, 949-390-2684, www.jmaclending.com Finance Type Purchas and Rate/Term Refinances Cash Out Refinances Occupancy Owner Occupied Owner Occupied Term Property
Full Doc. 24 Months 12 Months
Leverage Prime Primary Residence FICO Loan Amount 720+ 2,000,001-2,500,000 2,500,001-3,000,000 6-719 2,000,001-2,500,000 2,500,001-3,000,000 660-679 Full Doc 24 Months 12 Months Purch / RT Refi Cash Out
Highland Expanded Prime Matrix
Highland Expanded Prime Matrix Program Max LTVs Loan Amount FICO Purch. & R/T Purch. & R/T 50% DTI or 24 Mos Bank Stmts Minimum Loan Amount $300,000 $1,000,000 $1,000,001-,000 720 90% FICO 700 Maximum
Michigan Mutual Inc. > Home
Page 1 of 14 HOME CLIENT SIGN UP RATES/GUIDELINES RESOURCES CONTACT US CAREERS Online Mortgage Payments Click here. Sign Up For Email Rates & Announcements Email Address SIGNUP> Underwriting Turn Times
theexpanded Prime Matrix
theexpanded Prime Matrix Program Max LTVs Loan Amount FICO Purch. & R/T Purch. & R/T 50% DTI or 24 Mos Bank Stmts Minimum Loan Amount $100,000 $1,000,000 $1,000,001-,000 720 90% FICO 700 Maximum Loan Amount
Jumbo Non-Conforming Products (Series-49)
Jumbo Non-Conforming Products (Series-49) This guide provides parameters for standard fixed rate and 5/1, 7/1, and 10/1 adjustable rate, fully amortizing, nonconforming products for primary residence up
FNMA / FHLMC - Conforming
FNMA / FHLMC - Conforming 30 Yr -FFN3000/FFH3000/FFN3ACE/FFN 30FM 20 Yr - FFN2000 15 Yr - FFN1500/FFH1500 10 Yr - FFN1000 Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day Rate
1100 Series Portfolio Products. Table of Contents
1100 Series Portfolio Products Table of Contents PRODUCT PAGE NUMBER Expanded Ratio Program 2 Debt Ratio to 55%, fixed and ARM, LTV to 80% Asset Inclusion to Income Program 5 Assets as Future Income, no
First Time Home Buyer not permitted
Just Missed Agency Full Doc Bank Statements Reserves 24 Months 12 Months 24 Months 12 Months Purchase & R/T Cash Out Purchase & R/T Cash Out Purchase & R/T Cash Out Purchase & R/T Cash Out 720+
JUMBO 2 - Corr & Broker
Programs, Rates, and Pricing also available at westernbancorp.com 1 Yr Libor 2.800 Jumbo Products JUMBO 2 - Corr & Broker 30 Year Fixed 20230 15 Year Fixed 20215 Rate 30 day 45 day 60 day Rate 30 day 45
JUMBO 2 - Corr & Broker
Programs, Rates, and Pricing also available at westernbancorp.com 1 Yr Libor 2.770 Jumbo Products JUMBO 2 - Corr & Broker 30 Year Fixed 20230 15 Year Fixed 20215 Rate 30 day 45 day 60 day Rate 30 day 45
70** 65** 70** N/A 70** N/A
ICON ELITE Reserves 24 Months 12 Months 24 Months 12 Months FICO Loan Amount Purchase & R/T Cash Out Purchase & R/T Cash Out Purchase & R/T Cash Out Purchase & R/T Cash Out
FNMA Jumbo Conforming Fixed & ARM (HIGH BALANCE LOANS) T300J 30 Year Fixed & T301J 15 Year Fixed A341J 5/1 ARM & A342J 7/1 ARM 30 Year Adjustable
High Balance loan limits (including 2013) are posted on E Fannie Mae website. Link: https://www.efanniemae.com/sf/refmaterials/loanlimits/xls/loanlimref.xls The following link can also be used for specific
JUMBO 2 - Corr & Broker
Jumbo Products JUMBO 2 - Corr & Broker 30 Year Fixed 20230 15 Year Fixed 20215 Rate 30 day 45 day 60 day Rate 30 day 45 day 60 day 4.000 6.384 6.509 6.634 3.500 4.016 4.141 4.266 4.125 4.999 5.124 5.249
JUMBO 2 - Corr & Broker
Programs, Rates, and Pricing also available at westernbancorp.com 1 Yr Libor 2.810 Jumbo Products JUMBO 2 - Corr & Broker 30 Year Fixed 20230 15 Year Fixed 20215 Rate 30 day 45 day 60 day Rate 30 day 45
JUMBO 2 - Corr & Broker
Jumbo Products JUMBO 2 - Corr & Broker 30 Year Fixed 20230 15 Year Fixed 20215 Rate 30 day 45 day 60 day Rate 30 day 45 day 60 day 4.000 4.471 4.596 4.721 3.500 2.840 2.965 3.090 4.125 3.200 3.325 3.450
JUMBO 2 - Corr & Broker
Jumbo Products JUMBO 2 - Corr & Broker 30 Year Fixed 20230 15 Year Fixed 20215 Rate 30 day 45 day 60 day Rate 30 day 45 day 60 day 4.000 3.529 3.654 3.779 3.500 2.713 2.838 2.963 4.125 2.366 2.491 2.616
JUMBO A PROGRAM GUIDE
TABLE OF CONTENTS 1 OVERVIEW... 3 2 UNDERWRITING CRITERIA... 3 3 PRODUCT ELIGIBILITY... 4 3.1 AVAILABLE PRODUCTS... 4 3.2 ADJUSTABLE RATE CRITERIA... 4 4 PRODUCT MATRIX... 5 4.1 GEOGRAPHY... 5 4.2 MINIMUM
ULTRA JUMBO (UJ series) FULL DOC PROGRAM
ULTRA JUMBO (UJ series) FULL DOC PROGRAM Purchase and Rate/Term Refinance Owner Occupied Investment Property FICO Loan Amt SFR, Condos, PUDs Second Home 2-4 Family SFR, Condo, PUDs & 2-4 Family LTV CLTV
ditech BUSINESS LENDING JUMBO PRODUCTS
1. PRODUCT DESCRIPTION Conventional Jumbo fixed rate and ARM mortgages Fixed Rate: 15 and 30 year terms 5/1 LIBOR ARM: 30 year term Fully amortizing Qualified Mortgage (QM) Safe Harbor loans are permitted
% % >80% & 95%
Wholesale Division US Bank Home Mortgage Wholesale Pricing Effective: 2/13/18 98.500 98.5 HELP DESK 800-200-5881 Page: 1 of 5 CONVENTIONAL FIXED RATE LOANS 6 30 45 60 75 LOAN SIZE AND STATE ADJUSTMENT
Max LTV/CLTV FICO 1 Unit 95/95% /90% 620 Purchase 85/85% 620 Refi 75/75% 2 Units Purchase & Refi- 85/85% 620 N/A N/A 75/75% 620
Revision: October 25, 2016 (Product Information Center, 949-390-2670, www.jmaclending.com) Fixed Rate (Purchase & Rate/Term Refinances) Fannie Mae DU Products: CF30, CF20, CF15, CF10 Occupancy Owner Occupied
PREMIER JUMBO PROGRAM GUIDE
\ PREMIER JUMBO PROGRAM GUIDE This document is provided for approved loan sellers only and may not be copied, distributed or disclosed to any other party. All terms herein are subject to change by FundLoans
Expanded Prime Matrix
Expanded Prime Matrix Loan Amount FICO Purch. & R/T Purch. & R/T 50% DTI or 24 Mos Bank Stmts Minimum Loan Amount $100,000 $1,000,000 $1,000,001- $1,500,000 Program Max LTVs > $1,500,000 12 Months 720
Program Restrictions Debt Consolidation Refinance DTI Residency Housing 0x30x12 Applies to Primary Residences only
Icon Elite Maximum LTVs Standard Doc Alt Doc Other Doc Restrictions Second Homes Reserve Requirements FICO Loan Amount Purchase & R/T Cash Out Purchase & R/T Cash Out Max LTV/CLTV: 85% Loan Amounts
STATED INCOME PROGRAM
Fully Amortized 7/1 Portfolio ARM Product Mix Primary Residence, Second Home and Investment Property Purchase, Rate & Term Refinance and Cash-Out Refinance STATED INCOME PROGRAM Rate Guide as of 5/23/2018
FRESH START. Max 85% LTV with no MI No seasoning on derogatory events No mortgage/rental payment history required Low Minimum FICO
Program Highlights FRESH START Max 85% LTV with no MI No seasoning on derogatory events No mortgage/rental payment history required Low Minimum FICO Fresh Start ARM and Fixed PURCHASE AND RATE TERM REFINANCE
ALPINE. Full Doc 24 months. Bank Statements 24 months FICO
ALPINE Maximum LTVs Full Doc 24 months Bank Statements 24 months FICO Maximum Reserves See Grade Restriction for 12 months Reserves See Grade Restriction for 12 months Loan Amounts Purch / RT Refi Cash
Maurice Totry National Sales Executive (858) Comprehensive Overview of Our Wholesale Business 2014
Maurice Totry National Sales Executive (858) 764-3774 mtotry@bofi.com Comprehensive Overview of Our Wholesale Business 2014 Corporate Profile and Focus BOFI Federal Bank NASDAQ: BOFI member FDIC $3.0+
JUMBO PRIME PROGRAM (FIXED & ARM)
JUMBO PRIME PROGRAM (FIXED & ARM) PRIMARY RESIDENCE Purchase & Rate/Term Refinance (1),(2) Units Min. FICO LTV/CLTV/ HCLTV Max. DTI Max. Loan Amount 700 80% 43% 1 unit 680 80% 35% 680 70% 43% 740 80% 43%
STATED INCOME PROGRAM
Fully Amortized 5/1 & 7/1 Portfolio ARM Product Mix Primary Residence, Second Home and Investment Property Purchase, Rate & Term Refinance and Cash-Out Refinance STATED INCOME PROGRAM Rate Guide as of
First Time Home Buyer not permitted. Purchase, R/T, and Debt Consol Only
Just Missed Agency Reserves 24 Months 12 Months 24 Months 12 Months Purchase & R/T Purchase & R/T Purchase & R/T Purchase & R/T 720+
WHOLESALE Non-Agency Jumbo Fixed and ARM Fixed: T Year fixed rate, T Year fixed rate ARM: A500-5/1 ARM. A522-7/1 ARM and A527-10/1 ARM
Transaction Type Units Min-Maximum Loan Amt. Non-Agency Fixed and ARM Jumbo Matrix 1 WHOLESALE BUSINESS CHANNEL ONLY Maximum Min. LTV 3 FICO Min.# Mos. Verified PITIA Maximum DTI Maximum Cash Out 4 1 Primary
SUPER JUMBO ADVANTAGE 500 SERIES
SUPER JUMBO ADVANTAGE 500 SERIES Product Description Programs Non-Arms Length Transaction 500 Series Super Jumbo Advantage Retail Only 15 yr fixed 30 yr fixed 5/1 ARM 7/1 ARM 10/1 ARM ARM (if applicable)
Southwest Wholesale Rate Sheet
Effective Tue 01/22/2019 9:43 AM EST HomeReady: 3% down pmnt can come entirely from a gift Home Possible Advantage: Purch & refi loans up to 97% for SFR only. Home Possible: For 1-4 unit properties up
JUMBO PRODUCT MATRIX
JUMBO PRODUCT MATRIX PRODUCT DESCRIPTION Non Conforming Fixed Rate OR; Non Convertible ARMs 5/1, 7/1 and 10/1 LIBOR ARM with a 2.25% Margin and 5/2/5 Caps No prepayment penalty Escrow waivers allowed for
PREMIUM: JUMBO TIER 2 PROGRAM
PREMIUM: JUMBO TIER 2 PROGRAM Introduction: This program is intended for borrowers with good credit and higher documented liabilities, when the Debt to Income ratio (DTI) can be allowed up to 50%. Program
California Wholesale Rate Sheet
Effective Fri 01/25/2019 9:44 AM EST California Wholesale Rate Sheet Jumbo Series H is Here! - See page 15 for details. Rate Fall-Out Specials on SmartEdge, SmartCondo & Dream Big! Smart Funds - See page
Non Conforming JUMBO Programs
Non Conforming JUMBO Programs Select QM Eligibility Matrix Fixed Rate and Hybrid ARM Products Primary Residence Purchase, Rate and Term Transaction Type Units FICO LTV/CLTV/HCLTV Loan Amount 1 760 85%
New York Wholesale Rate Sheet
Effective Fri 01/25/2019 9:44 AM EST HomeReady: 3% down pmnt can come entirely from a gift Home Possible Advantage: Purch & refi loans up to 97% for SFR only. Home Possible: For 1-4 unit properties up
WHOLESALE BORROWER PAID COMPENSATION RATE SHEET. Liberty Savings Bank Contact Information
Rate Sheet Date: Rate Sheet Price Code: 3/8/2019 3453 *Effective at 11:00 am EST WHOLESALE BORROWER PAID COMPENSATION RATE SHEET FOR LENDER PAID, BROKER MUST DEDUCT COMPENSATION Liberty Savings Bank Contact
15 Year Fixed 30 Year Fixed. Rate 30 Days 60 Days Rate 30 Days 60 Days Rate 30 Days 60 Days Rate 30 Days 60 Days
Agency (Fnma/Freddie) Fixed Rate Pricing FULL DOCUMENTATION PRICING Contact the Pricing Desk: 877-563-7115 / PricingDesk@Emigrant.com RATE SHEET # Tuesday Products & Pricing Options Standard Conforming
Wholesale Rate Sheet
Wholesale Rate Sheet Rates as of Announcements Rate Sheet Index Announcement #1- FNMA (GOLD) DU Version 9.3 update FNMA (Gold) Pg. 2 For applications beginning December 14th and DU 9.3 or greater, Fremont
Expanded-Prime Matrix
ExpandedPrime Matrix Email: wholesalelock@deephavenmortgage.com Phone: (844) 3469475 Program Max LTVs Program Requirements Bank Statements* Loan Amount Reserves FICO Mortgage History 0x30x12 FC Seasoning
Conventional Fixed Rate Products
1 March 1, 2018 11:54 AM Turn Times Appraisal Turn Times Fees Index Values Expiration Dates New Submissions 1 day Portland Metro 1.5-2 Weeks UW Fee $995 PRIME 4.500% 15 Day 03/15/18 Re-Submissions 1 day
Conventional Fixed Rate Products
1 March 6, 2018 8:16 AM Turn Times Appraisal Turn Times Fees Index Values Expiration Dates New Submissions 1 day Portland Metro 1.5-2 Weeks UW Fee $995 PRIME 4.500% 15 Day 03/20/18 Re-Submissions 1 day
Conventional Fixed Rate Products
1 April 3, 2018 8:17 AM Turn Times Appraisal Turn Times Fees Index Values Expiration Dates New Submissions 1 day Portland Metro 1.5-2 Weeks UW Fee $995 PRIME 4.750% 15 Day 04/17/18 Re-Submissions 1 day
Conforming and High Balance Guideline Fannie Mae
Revision: December 18, 2017 (Product Information Center, 949-390-2670, www.jmaclending.com) Fixed Rate (Purchase & Rate/Term Refinances) Products: CF30, CF20, CF15, CF10 Occupancy Owner Occupied Second
SUPER JUMBO PRIMARY RESIDENCE. Min FICO. SFR, Condo* Townhouse PUD, 2 Units. Min FICO. SFR, Condo, Townhouse, PUD, 2 Units SECOND HOMES.
SJ Series SUPER JUMBO PRIMARY RESIDENCE Occupancy Loan Purpose Property Type Min FICO LTV/CLTV Max Loan Amt Primary Residence Purchase & Rate/Term Refinance SFR, Condo* PUD, 2 Units 720 80/80 $2,000,000
15 Year Fixed 30 Year Fixed. Rate 30 Days 60 Days Rate 30 Days 60 Days Rate 30 Days 60 Days Rate 30 Days 60 Days
Agency (Fnma/Freddie) Fixed Rate Pricing FULL DOCUMENTATION PRICING Contact the Pricing Desk: 877-563-7115 / PricingDesk@Emigrant.com RATE SHEET # Monday Products & Pricing Options Standard Conforming
DTI. Loan Amounts > $3,000,000 Grade. Only Available in the following states: CA, IL, FL, NJ, MD, VA, DC, WA Housing. Full Doc 12 mo & 24 mo
Just Missed Agency Full Doc Bank Statements 24 Months 12 Months 24 Months 12 Months Purchase & R/T Purchase & R/T Purchase & R/T Purchase & R/T 720+
National Wholesale Rate Sheet
Effective Fri 03/15/2019 9:36 AM EST AL, AR, DC, DE, IA, IN, KS, KY, LA, MI, MN, MO, MS, NC, ND, NE, OH, OK, SC, SD, TN, WI, WV Check out our Smart Series Pricing Specials! SmartEdge, SmartEdge+, and SmartCondo
Pennsylvania Wholesale Rate Sheet
Effective Fri 03/15/2019 9:36 AM EST HomeReady: 3% down pmnt can come entirely from a gift Home Possible Advantage: Purch & refi loans up to 97% for SFR only. Home Possible: For 1-4 unit properties up
Pennsylvania Wholesale Rate Sheet
Effective Fri 01/25/2019 9:44 AM EST HomeReady: 3% down pmnt can come entirely from a gift Home Possible Advantage: Purch & refi loans up to 97% for SFR only. Home Possible: For 1-4 unit properties up
Wholesale Rate Sheet
a new lock may be requested at the current market price without incurring the relock fee. 5 Days 0.150% Conventional Fixed Products 30 Year Fixed 20 Year Fixed Rate 30 Day Price 45 Day Price 60 Day Price
Core Seconds S Year Fixed S Year Fixed
TABLE OF CONTENTS PRODUCT DESCRIPTION Page # Product Description 3 ELIGIBILITY Occupancy 3 Underwriting Methods 3 Documentation Requirements 3 Transaction Types 3 Eligible Property Types, Ineligible Property
Mortgage Services III, L.L.C.
(Bank & Credit Union Partners Only) Market conditions are generally: (compared to previous price sheet) Slightly Worse! December 8, 2017 Rate Sheet Updated as of: CONFORMING -- FIXED RATE PROGRAMS #300000-30
Texas Wholesale Rate Sheet
Effective Fri 04/12/2019 3:43 PM EST HomeReady: 3% down pmnt can come entirely from a gift Home Possible Advantage: Purch & refi loans up to 97% for SFR only. Home Possible: For 1-4 unit properties up
JUMBO PRIME PROGRAM JUMBO PRIME PROGRAM
JUMBO PRIME PROGRAM PRIMARY RESIDENCE Purchase & Rate/Term Refinance Units Max. Loan Amount (1) LTV CLTV Min. FICO Max. Cash-Out $2,000,000 80% 80% 740 $1,750,000 80% 80% 720 $2,000,000 75% 75% 720 $2,250,000
Guidelines Correspondent Loan Program: 5/1 LIBOR ARM 2/2/5 Interest Only Dollar Bank (1590) LTV Limits:
Loan Program: 5/1 LIBOR ARM 2/2/5 Interest Only Dollar Bank (1590) LTV Limits: PURCHASE and NO CASH-OUT REFINANCE MORTGAGES Occupancy Primary Residence Second Home Investment & Non- Owner Occupied Property
Manual Underwriting Eligibility and Rate Card Updates
Announcement Date: April 8, 2013 Manual Underwriting Eligibility and Rate Card Updates Effective Date: April 15, 2013 Essent is implementing an update to our Underwriting Guidelines and Rate Cards. Guideline
New England Wholesale Rate Sheet
Effective Fri 03/15/2019 9:36 AM EST HomeReady: 3% down pmnt can come entirely from a gift Home Possible Advantage: Purch & refi loans up to 97% for SFR only. Home Possible: For 1-4 unit properties up
Premium Jumbo Fixed & 10/1 ARM
Last Update 11/29/2017 Primary (Purchase & Rate/Term NO MI OPTION) Primary (Purchase) Primary (Rate/Term Ref.) Loan Amt LTV/CLTV Min Fico DTI Reserves Loan Amt LTV/CLTV Min Fico DTI Reserves Loan Amt LTV/CLTV
Mortgage Services III, L.L.C.
Home Office Ph. #: 888-664-9108 Oakbrook Office Ph. #: 630-396-3553 Pricing E-Fax #: 309-807-0717 Web Site: www.msiloans.biz Pricing E-Mail: msipricing@msiloans.biz (Bank & Credit Union Partners Only)
720 & ABOVE. Purchase Rate/Term Max Loan Amount. C/O Refi Max Loan Amount. Maximum Cash-out Amount 1 FICO SCORE $250,000
SECOND HOME 700 720 PRIMARY RESIDENCE SECOND HOME 720 & ABOVE PRIMARY RESIDENCE CORE JUMBO (CJ) PRIMARY & 2 ND HOME PURCHASE; RATE/TERM & CASH-OUT REFINANCE FICO SCORE Occupancy LTV/CLTV Purchase Rate/Term
Wholesale Rate Sheet
Wholesale Rate Sheet Announcements Weekly Turn Times - Effective for May 2 - May 6 Announcement #1- Improved LPMI Adjustments Cutoff Dates: Last Day For Closing This Month Cutoff Date Effective with all
Mortgage Services III, L.L.C.
Home Office Ph. #: 888-664-9108 Oakbrook Office Ph. #: 630-396-3553 Pricing E-Fax #: 309-807-0717 Web Site: www.msiloans.biz Pricing E-Mail: msipricing@msiloans.biz (Bank & Credit Union Partners Only)
Non-Agency Jumbo 5/1 LIBOR ARM PRODUCT CODE A512
Product Overview: This is a variable rate mortgage product, without negative amortization, whereby the interest rate and payment is adjusted in accordance with the specified index. Index: The index used
Prime / Credit Ascent
Prime / Credit Ascent REQUIRED APPRAISAL REPORTS Property Type FNMA Form 1 family properties & PUDs FNMA Form #1004 2-4 family properties FNMA Form #1025 Condominiums/PUDs FNMA Form #1073 Market conditions
Wholesale Rate Sheet AZ / NV (Lender Paid Comp)
Wholesale Rate Sheet AZ / NV (Lender Paid Comp) Effective Date: 3/8/2019 Change Summary: Rates down.125 on 3/1, 5/1 and JB15 products Account Executives Contact Info Gina Mcleod, AE - SD/PS 858-344-4254
Elite Plus Jumbo Fixed and ARM Program Guidelines
Elite Plus Jumbo Fixed and ARM Program Guidelines Revised 6/12/2018 rev. 13 (Click the link to go straight to the section) 1 Program Summary 11 Underwriting Method 21 Max Financed Properties 2 Product
Product Guidelines Freddie Mac Relief Refinance - Open Access
; Important Note: The program has been extended to allow application received dates on or before December 31, 2018 and settlement dates on or before September 30, 2019. Occupancy 1-4 Units 1-4 Units Max
HLA Rate Sheet FOR INTERNAL USE ONLY. 95% LTV. Extensions 5 Days 0.150% 10 Days 0.200% 15 Days 0.250% 20 Days 0.300% 25 Days 0.350% 30 Days 0.
Lock desk is open from 9:30am to 4:30am (ET). Rates and prices are considered expired outside that window. PROMOTION 0.25% Yield credit on Conventional Fixed Products $200,000 or greater with credit score
Dream Big Jumbo Is Now Available The Smart Series is live! Check page 2 for more info. Check out our enhaned conventional LPMI pricing.
Effective Fri 02/23/2018 10:20 AM EST HomeReady: 3% down pmnt can come entirely from a gift Home Possible Advantage: Purch & refi loans up to 97% for SFR only. Home Possible: For 1-4 unit properties up
Purchase Special:.250 Price Improvement on 30day Locks*
Rev 3.1 RS ID: 7:21 AM Zone 2 AZ, CO, DC, FL, GA, ID, IL, IN, KY, LA, MA, MD, MI, MO, NC, MN, MT, ND, NH, NJ, OH, OK, PA, SC, TN, TX, Extensions Fee Buyout Option 3-Day 0.063 14-Day 0.250 $50
HIGH BALANCE CONFORMING (DU) See last page for 7-10 Financed Properties OK on DU 100, 300, 500, & 800 Series
HIGH BALANCE CONFORMING (DU) See last page for 7-10 Financed Properties OK on DU 100, 300, 500, & 800 Series 100 Series does not allow s Product Description Conventional Conforming Fixed and High Balance
Dream Big Jumbo Is Now Available
Effective Tue 04/10/2018 9:54 AM EST HomeReady: 3% down pmnt can come entirely from a gift Home Possible Advantage: Purch & refi loans up to 97% for SFR only. Home Possible: For 1-4 unit properties up
NON-Interest Only. (W/ Secondary Financing)
Property Type 3 Fixed & ARM Purchase and Rate Term Refinance Max LTV Max LTV/CLTV 1 (W/O Secondary Financing) (W/ Secondary Financing) Min. FICO/Max DTI 1-Unit Primary 95.01 4,5-97% 4,5,6 95.00% DU/DU
TCF HELOCs. Combined 1 CLTV
TCF HELOCs MiMutual works directly with TCF to be able to offer simultaneous secondary financing in the form of a HELOC. These are not permitted to be submitted through the correspondent channel they must
LoanStream Select Program
19000 MacArthur Boulevard, 2nd Floor Ratesheet Co RS-WS Effective Date: 4/2/2019 #1 Wholesale Rate Sheet Table of Contents Contact list Tab Product LSM Select: All FNMA/FHLCM Corporate Headquarters: Phone:
Full Doc Program Guidelines
Full Doc Programs Calculation/Documentation The full doc program is used to qualify a borrower by analyzing the source of their income for stability and continuity Wage Earners Income derived from a consistent
Federal Home Loan Bank of Des Moines. Credit Union Workshop - MPF
Federal Home Loan Bank of Des Moines Credit Union Workshop - MPF 1 MPF Agenda MPF Credit Union Activity Xtra (FNMA) Traditional (Risk Sharing) Direct (Jumbo) 2 3 4 Investor: Fannie Mae (DU) MPF Xtra Direct