Purchase Special:.250 Price Improvement on 30day Locks*

Transcription

1 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 Day $50 <100k $100 <150k $150 <200k $200 <250k $250 <300k $300 <350k 7-Day Day day adjust 30day Price $350 <400k $400 <500k $500 <600k $600 <800k $800 <1MM $1MM + Purchases FHA Streams & Refi's FHA 30/25yr Fixed 30/25yr Fixed 15yr Fixed 15yr Fixed (5.561) (5.483) (3.199) (3.116) (1.512) (1.429) (5.457) (5.371) (3.957) (3.871) (4.371) (4.288) (2.637) (2.554) (5.082) (4.996) (3.582) (3.496) (4.002) (3.919) (2.268) (2.185) (4.824) (4.738) (3.324) (3.238) (3.590) (3.507) (1.856) (1.773) (4.596) (4.511) (3.096) (3.011) (3.160) (3.077) (1.426) (1.343) (4.033) (3.893) (2.955) (2.815) (3.129) (3.030) (1.316) (1.218) (3.580) (3.439) (2.752) (2.611) (2.756) (2.658) (0.944) (0.846) (3.105) (2.965) (2.277) (2.137) (2.325) (2.227) (0.512) (0.414) (2.663) (2.523) (1.835) (1.694) (1.883) (1.785) (0.070) (1.446) (1.313) (0.281) (0.149) (0.670) (0.579) (1.111) (0.978) (0.072) (0.288) (0.197) (0.477) (0.344) FHA FHA30HB FHA FHA15HB Price Adjustments 5/1 CMT ARM 5/1 CMT ARM Credit Score Property Type Standard Balance High Balance (0.250) 2 Units Rate 15-day 30-day Rate 15-day 30-day 3-4 units (2.525) (2.400) (2.025) (1.900) Property Flip Waiver (2.317) (2.192) (1.817) (1.692) Escr. Holdback (2.039) (1.914) (1.539) (1.414) Non Owner (1.749) (1.624) (1.249) (1.124) Loan Purpose (1.814) (1.689) (1.314) (1.189) Purchase* 30Day Lock (0.250) (1.585) (1.460) (1.085) (0.960) R&T (1.281) (1.156) (0.781) (0.656) Cash Out (0.961) (0.836) (0.461) (0.336) No FICO Zone (0.295) (0.170) < $50k DTI < (0.044) $50k < $75k DTI > $75k < $100k DTI $100k < $125k DTI > >$125K -150k >$150 <$225 Subordinate Financing Margin: 2.0 Caps: 1/1/5 Margin: 2.0 Caps: 1/1/5 $225K+ Sub.Fin Loan Type Underwriting type FHA Streamline Manual FHA All ARMS < 640 FICO FHA5/1 FHA5/1HB 30/25yr Fixed 30/25yr Fixed 15yr Fixed 15yr Fixed (5.561) (5.483) (3.199) (3.116) (1.512) (1.429) (5.457) (5.371) (3.957) (3.871) (4.371) (4.288) (2.637) (2.554) (5.082) (4.996) (3.582) (3.496) (4.002) (3.919) (2.268) (2.185) (4.824) (4.738) (3.324) (3.238) (3.590) (3.507) (1.856) (1.773) (4.596) (4.511) (3.096) (3.011) (3.160) (3.077) (1.426) (1.343) (4.033) (3.893) (2.955) (2.815) (3.129) (3.030) (1.316) (1.218) (3.580) (3.439) (2.752) (2.611) (2.756) (2.658) (0.944) (0.846) (3.105) (2.965) (2.277) (2.137) (2.325) (2.227) (0.512) (0.414) (2.663) (2.523) (1.835) (1.694) (1.883) (1.785) (0.070) (1.446) (1.313) (0.281) (0.149) (0.670) (0.579) (1.111) (0.978) (0.072) (0.288) (0.197) (0.477) (0.344) VA30 VA30HB VA VA15HB Price Adjustments 5/1 CMT ARM 5/1 CMT ARM Credit Score Property Type Standard Balance High Balance No FICO < $50k $50k < $75k $75k < $100k $100k < $125k >$125K -150k >$150 <$225 $225K+ >$ K VA (0.250) 2 Units Rate 15-day 30-day Rate 15-day 30-day 3-4 units (2.525) (2.400) (2.025) (1.900) Property Flip Waiver (2.317) (2.192) (1.817) (1.692) Escr. Holdback (2.039) (1.914) (1.539) (1.414) Non Owner (1.749) (1.624) (1.249) (1.124) Loan Purpose (1.814) (1.689) (1.314) (1.189) Purchase* 30 Day Lock (0.250) (1.585) (1.460) (1.085) (0.960) R&T (1.281) (1.156) (0.781) (0.656) Cash Out (0.961) (0.836) (0.461) (0.336) VA cash out > 90% (0.295) (0.170) (0.044) DTI < DTI > DTI DTI > Margin: 2.0 Caps: 1/1/5 Margin: 2.0 Caps: 1/1/5 Subordinate Financing Sub.Fin Loan Type VA IRRLS All ARMS < 640 FICO Underwriting type Manual VA FHA5/1 FHA5/1HB VA5/1 VA5/1HB Bulletin Board Purchase Special:.250 Price Improvement on 30day Locks* FHA Streamlines & FHA Refi Special: 45 day lock Only in fee to 30 day price!! - must be locked by Jul-31 Zone 2 States Special : $200 off Standard Products Fees * Purchase Money 30 Day Fixed Rate Locks Receive Incentive Listed Under Loan Type Adjustors NDM is a GNMA Direct Issuer & FNMA/FHLMC Direct Seller Servicer Max net price (Premium) FHA Fixed Standard Balance (5.5%). All other Government Fixed Programs (5.0%). Max net price (Premium) FHA ARM programs (2.5%). Prices and Rates shown assume Borrower Paid Compensation. NOTE : VA IRRRL Max Discount is Page 1 of 6

2 7:21 AM AZ, CO, DC, FL, GA, ID, IL, IN, KY, 3-Day Day LA, MA, MD, MI, MO, NC, MN, MT, 7-Day Day ND, NH, NJ, OH, OK, PA, SC, TN, TX, 45 Day Lock term (Purch Only): TX (Govt) Adjust 30-day Price TX (Conv) Conventional DU 30 & 25 YR Fixed DU 30 & 25 YR Fixed DU 20 YR Fixed DU 20 YR Fixed DU (6.481) (6.358) (4.120) (3.997) (6.483) (6.366) (3.920) (3.797) (6.011) (5.886) (3.666) (3.541) (6.212) (6.093) (3.466) (3.341) (5.445) (5.318) (3.415) (3.288) (5.874) (5.753) (3.215) (3.088) (5.062) (4.933) (3.198) (3.069) (5.439) (5.317) (2.998) (2.869) (4.205) (4.074) (2.731) (2.600) (4.837) (4.714) (2.531) (2.400) (3.580) (3.449) (2.335) (2.204) (4.086) (3.963) (2.135) (2.004) (2.912) (2.781) (1.995) (1.863) (3.385) (3.262) (1.795) (1.663) (2.600) (2.469) (1.711) (1.580) (2.767) (2.643) (1.511) (1.380) (1.845) (1.713) (0.967) (0.835) (2.131) (2.007) (0.767) (0.635) (0.974) (0.842) (0.127) (1.496) (1.372) (0.137) (0.006) (0.861) (0.737) (0.038) C30FN C30FNHB C20FN C20FNHB 15 YR Fixed DU 15 YR Fixed DU 10 YR Fixed DU 10 YR Fixed DU (3.248) (3.150) (2.203) (2.105) (4.503) (4.412) (2.003) (1.905) (2.838) (2.740) (2.012) (1.914) (4.135) (4.045) (1.812) (1.714) (2.357) (2.260) (1.662) (1.565) (3.743) (3.653) (1.462) (1.365) (1.729) (1.632) (1.034) (0.937) (3.313) (3.223) (0.834) (0.737) (1.124) (1.027) (0.429) (0.332) (2.884) (2.793) (0.229) (0.132) (0.544) (0.447) (2.454) (2.364) (1.884) (1.793) (1.103) (1.012) (0.321) (0.231) C15FN C15FNHB C10FN C10FNHB LTV/FICO Price Adjustments (>15yr Terms) <= < $50k (0.250) $50k < $75k (0.250) $75k < $100k (0.250) $100k < $125k >$125K -150k >$150 <$ $225K Price Adjustments Cashout Price Adjustments Purchase Money 30 Day Locks (0.250) <= Financed Properties N/A Escrow Waiver CA N/A Escrow Waiver Non-CA N/A 2-4 units N/A Condo, LTV > 75, >15yr Term N/A Non-Owner, LTV <= N/A Non-Owner, LTV All LTV High Balance Cash out (Add to above cash out grid) Non-Owner, LTV > Subordinate Financing (All Terms) Lender Paid MI LTV CLTV < <= Refer to Page 3 for Adjustors <= Pricing Specials (All other adjustments apply) Purchase Special!! All Fixed Rate Products (except Jumbo) Limited Time Only!! Must Lock by Aug-31 CA51L CA71L CA51LHB CA71LHB Max net price (Premium) Conv. Fixed Std, Bal (4.5%), HiBal (3.5%). All ARM programs (2.5%). Prices and Rates shown assume Borrower Paid Compensation. Page 2 of 6

3 3-Day Day Day Day Day Lock term (Purch Only): Adjust 30-day Price 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, Conventional Mortgage Insurance Lender Paid MI LTV/FICO Price Adjustments ** ** 35% Coverage Only <= Lender Paid MI Feature/FICO Price Adjustments RT Refi Cashout Unit >$417k NOO n/a n/a 2nd Home Single Premium Borrower Paid MI RT Refi Cashout <= Unit >$417k nd Home Split Premium Borrower Paid MI Upfront Premium Upfront Premium All 0.50% 0.75% 1.00% 1.25% 0.50% 0.75% 1.00% 1.25% All Monthly Premium Monthly Premium <= <= 85 RT Refi RT Refi Cashout Cashout 1-4 Unit >$417k Unit >$417k 2nd Home nd Home DU Refi Plus Programs Radian MI Rate Finder - Click Here MGIC Rate Finder Click Here 30/25/20yr Fixed 15yr Fixed 30/25/20yr Fixed 15yr Fixed LTV <= 105 LTV <= 105 LTV LTV (2.600) (2.469) (2.588) (2.490) (1.850) (1.719) (2.088) (1.990) (1.845) (1.713) (2.107) (2.010) (1.095) (0.963) (1.607) (1.510) (0.974) (0.842) (1.479) (1.382) (0.224) (0.092) (0.979) (0.882) (0.137) (0.006) (0.874) (0.777) (0.374) (0.277) (0.294) (0.197) C30DURP C15DURP C30DURP105 C15DURP105 30/25/20yr Fixed 15yr Fixed LTV > 125 LTV > 125 Rate 15-day 30-day Rate 15-day 30-day Price Adjustments (1.850) (1.719) (1.838) (1.740) < $50k $50k < $75k $75k < $100k$100k < $125k $125 <$225K $225K (1.095) (0.963) (1.357) (1.260) (0.224) (0.092) (0.729) (0.632) (0.124) (0.027) Refi Plus Price Adjustments DU RefiPlus Caps do not apply: Non-Owner, LTV <= Escrow Waiver CA Non-Owner, LTV C30DURP125 C15DURP125 Escrow Waiver Non-CA Non-Owner, LTV > >4 financed properties units Condo, LTV > 75 (30yr) DU Refi Plus Price Adjustment Caps Primary Residence <= > 105 2nd Home & NOO <= > 105 <= 20 year Term <= 20 year Term > 20 Year Term > 20 Year Term DU Refi Plus LTV/FICO Price Adjustments (>15yr Terms) DU Refi Plus LTV/FICO < 15yr Terms FICO <= > > (0.250) ALL (0.250) Refi Plus Sub. Fin. (All Terms) (0.250) LTV CLTV < Any > Prices and Rates shown assume Borrower Paid Compensation. Max net price (Premium) DU Refi Plus (4.5%). Page 3 of 6

4 Not Available RS ID: AZ, CO, DC, FL, GA, ID, IL, IN, KY, 3-Day Day LA, MA, MD, MI, MO, NC, MN, MT, 7-Day Day ND, NH, NJ, OH, OK, PA, SC, TN, TX, 45 Day Lock term (Purch Only): TX (Govt) (0.250) Adjust 30-day Price TX (Conv) (0.250) Conventional Freddie Mac LP 30 & 25 YR Fixed LP 30 & 25 YR Fixed LP 20 YR Fixed LP 20 YR Fixed LP (6.767) (6.796) (8.117) (8.146) (6.026) (6.052) (3.956) (3.982) (6.514) (6.543) (4.332) (4.361) (5.334) (5.359) (3.264) (3.289) (5.914) (5.943) (3.732) (3.761) (5.061) (4.975) (3.291) (3.205) (6.560) (6.408) (4.578) (4.426) (4.895) (4.806) (3.350) (3.261) (6.060) (5.909) (4.659) (4.508) (3.910) (3.824) (2.615) (2.529) (5.424) (5.274) (3.973) (3.823) (3.191) (3.107) (1.796) (1.712) (4.713) (4.564) (3.262) (3.113) (2.440) (2.309) (1.245) (1.114) (4.076) (3.883) (2.775) (2.582) (2.152) (2.023) (1.501) (1.372) (3.427) (3.235) (2.382) (2.190) (1.315) (1.186) (0.663) (0.534) (2.675) (2.482) (1.480) (1.287) (0.352) (0.225) (1.869) (1.677) (0.674) (0.482) (1.535) (1.333) (0.290) (0.088) (0.892) (0.692) (0.048) C30LP C30LPHB C20LP C20LPHB 15 YR Fixed LP 15 YR Fixed LP 10 YR Fixed LP 10 YR Fixed LP (3.215) (3.111) (1.770) (1.666) (3.215) (3.111) (1.770) (1.666) (2.708) (2.608) (1.263) (1.163) (2.708) (2.608) (1.263) (1.163) (2.138) (2.041) (0.693) (0.596) (2.138) (2.041) (0.693) (0.596) (1.536) (1.438) (0.091) (1.536) (1.438) (0.091) (0.893) (0.812) (0.893) (0.812) (0.354) (0.273) (0.354) (0.273) C15LP C15LPHB C10LP C10LPHB LTV/FICO Price Adjustments (>15yr Terms) <= < $50k (0.250) $50k < $75k (0.250) $75k < $100k (0.250) $100k < $125k >$125K -150k >$150 <$ $275K Price Adjustments Cashout Price Adjustments Purchase Money 30 Day Locks (0.250) <= Financed Properties N/A Escrow Waiver CA N/A Escrow Waiver Non-CA N/A 2-4 units N/A Condo, LTV > 75, >15yr Term N/A Non-Owner, LTV <= N/A Non-Owner, LTV All LTV High Balance Cash out (Add to above cash out grid) Non-Owner, LTV > Subordinate Financing (All Terms) Lender Paid MI LTV CLTV < <= Refer to Page 4 for Adjustors <= Pricing Specials (All other adjustments apply) Purchase Special!! All Fixed Rate Products (except Jumbo) Limited Time Only!! Must Lock by Aug-31 CA51L CA71L CA51LHB CA71LHB Max net price (Premium) Conv. Fixed Std, Bal (4.5%), HiBal (3.5%). All ARM programs (2.5%). Prices and Rates shown assume Borrower Paid Compensation. Page 4 of 6

5 AZ, CO, DC, FL, GA, ID, IL, IN, KY, 3-Day Day LA, MA, MD, MI, MO, NC, MN, MT, 7-Day Day ND, NH, NJ, OH, OK, PA, SC, TN, TX, 45 Day Lock term (Purch Only): Adjust 30-day Price Conventional ARMS DU & LP 5/1 LIBOR ARM (DU) 7/1 LIBOR ARM (DU) 5/1 LIBOR ARM (DU) 7/1 LIBOR ARM (DU) Standard Balance Standard Balance High Balance High Balance (2.045) (1.916) (2.336) (2.207) (1.691) (1.562) (1.799) (1.670) (1.758) (1.629) (1.996) (1.867) (1.346) (1.217) (1.431) (1.302) (1.440) (1.311) (1.626) (1.497) (0.970) (0.841) (1.031) (0.902) (1.091) (0.962) (1.224) (1.095) (0.570) (0.441) (0.632) (0.503) (0.711) (0.582) (0.822) (0.693) (0.169) (0.040) (0.171) (0.042) (0.307) (0.178) (0.358) (0.229) Margin:2.25 Caps:5/2/5 Margin:2.25 Caps:5/2/5 C5/1LBDU C7/1LBDU C5/1LBHBDU C7/1LBHBDU 5/1 LIBOR ARM (LP) 7/1 LIBOR ARM (LP) 5/1 LIBOR ARM (LP) 7/1 LIBOR ARM (LP) Standard Balance Standard Balance High Balance High Balance (2.045) (1.916) (2.336) (2.207) (1.691) (1.562) (1.799) (1.670) (1.758) (1.629) (1.996) (1.867) (1.346) (1.217) (1.431) (1.302) (1.440) (1.311) (1.626) (1.497) (0.970) (0.841) (1.031) (0.902) (1.091) (0.962) (1.224) (1.095) (0.570) (0.441) (0.632) (0.503) (0.711) (0.582) (0.822) (0.693) (0.169) (0.040) (0.171) (0.042) (0.307) (0.178) (0.358) (0.229) Margin:2.25 Caps:5/2/5 Margin:2.25 Caps:5/2/5 C5/1LBLP C7/1LBLP C5/1LBHBLP C7/1LBHBLP LTV/FICO Price Adjustments (>15yr Terms) <= < $50k $50k < $75k $75k < $100k $100k < $125k >$125K -150k >$150 <$ $275K Price Adjustments Purchase Money 30 Day Locks Cashout Price Adjustments 5+ Financed Properties <= Escrow Waiver CA N/A Escrow Waiver Non-CA N/A 2-4 units N/A Condo, LTV > 75, >15yr Term N/A Non-Owner, LTV <= N/A Non-Owner, LTV N/A Non-Owner, LTV > All LTV High Balance Cash out (Add to above cash out grid) High Balance (ARMs) Subordinate Financing (All Terms) LTV/FICO Price Adjustments (<=15yr Terms) LTV CLTV < <= <= <= Pricing Specials (All other adjustments apply) Purchase Special!! All ProLPcts (except Jumbo) Limited Time Only!! Must Lock by Jul-31 Max net price (Premium) Conv. Fixed Std, Bal (4.5%), HiBal (3.5%). All ARM programs (2.5%). Prices and Rates shown assume Borrower Paid Compensation. Page 5 of 6

6 Zone 2 Extensions Fee Buyout State Adjusters AZ, CO, DC, FL, GA, ID, IL, IN, KY, 7 Day Extension LA, MA, MD, MI, MO, NC, MN, MT, 14 Day Extension ND, NH, NJ, OH, OK, PA, SC, TN, TX, Jumbo Programs - Series 1 $417,000 up to $2,000,000 30yr Fixed 15yr Fixed 5/1 LIBOR ARM 7/1 LIBOR ARM Rate Rate* 45-day Rate Rate* 45-day Rate Rate* 45-day Rate Rate* 45-day (2.500) (2.293) (1.485) (1.734) (2.348) (1.980) (1.235) (1.422) (1.973) (1.668) (0.985) (1.109) (1.598) (1.293) (0.735) (0.797) (1.098) (0.918) (0.485) (0.484) (0.598) (0.543) (0.235) (0.172) (0.098) (0.168) J30S1 J15S1 J5/1LBS1 J7/1LBS1 *With Interest Rate Reduction Option Jumbo Restrictions.25% Rate Reduction is available on all Jumbo Loan Programs. Contact your AE for details. Jumbo FICO / LTV Adjusters Other Jumbo Adjusters FICO <= Refinance Fixed: ARM: (0.375) (0.375) Investment Property (N/A 5/1 ARM) (0.375) (0.375) & 4 Unit Property (0.250) ALL: (0.125) > $417,000 - $625, (0.125) > $625,500 - $2MM Jumbo Programs - Series 2 $417,000 up to $2,000,000 30yr Fixed 15yr Fixed 5/1 LIBOR ARM 7/1 LIBOR ARM Rate 30-day 45-day Rate 30-day 45-day Rate 30-day 45-day Rate 30-day 45-day J30S2 J15S2 J5/1LBS2 J7/1LBS2 FICO/LTV Adjusters Applies to All s Feature/LTV Adjusters (All s) FICO <= <= >= 760 (0.375) (0.250) Purchase (0.250) (0.250) (0.125) (0.125) (0.250) (0.125) nd Home N/A (0.125) Cashout Ref N/A N/A 2-4 Units N/A N/A Co-op* all LTV's Other Adjustments <= Escrow Waiver(except CA,NC, DC) ~ 1MM State (CA) >1 ~ 1.5MM State - Other (Except CA, NV) >1.5 ~ 2.0MM N/A N/A State (NV) >2.0 ~ 2.5MM N/A N/A N/A Max Net Price Program <= 1MM > 1MM Rate Add-Ons 30 Yr Fixed (1.500) (1.500) Conforming Balance (In Addition to Above) 0.25% 15 Yr Fixed (1.500) (1.500) Non-Warrantable Condo Not Available 1.00% 5/1 and 7/1 ARM (1.000) (1.000) Condotel Not Available 1.25% Jumbo Programs - Series 3 $417,000 up to $2,000,000 5/1 LIBOR ARM 7/1 LIBOR ARM Rate 30-day 45-day Rate 30-day 45-day (2.790) (2.640) (1.700) (1.550) (2.565) (2.415) (1.525) (1.375) (2.340) (2.190) (1.350) (1.200) (2.115) (1.965) (1.175) (1.025) (1.890) (1.740) (1.000) (0.850) (1.665) (1.515) (0.775) (0.625) (1.440) (1.290) (0.500) (0.350) (1.200) (1.050) (0.225) (0.075) (0.953) (0.802) JR51 JR71 J30S3 J15S3 FICO/LTV Adjusters Feature/LTV Adjusters FICO <= <= >= 740 (0.250) (0.125) (0.125) 2-Unit n/a n/a (0.125) nd Home n/a n/a Condo >$1.5MM Cash Out Adjusters Escrow Waiver Fee (All Series 3) FICO <= >= n/a n/a Max Net Price / Eligible States n/a n/a Max Premium n/a n/a Eligible Prices and Rates shown assume Borrower Paid Compensation. All Jumbo program changes are subject to worst case pricing. Jumbo Max net price (Premium): Fixed up to $1M 102 (2%), over $1M (1.5%). ARMs up to $1M (1.5%), over $1M 101 (1%). Prices and Rates shown assume Borrower Paid Compensation. All Jumbo program changes are subject to worst case pricing. are subject to change without notice. Additional terms and conditions may apply. This is not an advertisement as defined in Regulation Z, section NMLS # Page 6 of 6