| Specialty (HIGHLIGHTED = UPDATED NICHES) | Lender YELLOW=NEW LENDER |
YOU CANT LOCK UNTIL LOAN IS APPROVED |
American Financial Resources *** FHA LENDER ONLY*** |
| We do Conventional, FHA and VA loans Min. fico for FHA full doc and streamline is 620 regardless of DU findings. Min fico for conventional is 660 We accept loans run thru fannie mae DU only no LP allowed, and no manual uw allowed. We don’t do 203 K (rehab) loans Turn times are 2-4 days for purchases and 3-5 days for locked refi’s. Sales support team available to answer scenario questions and product/program questions. Experienced staff of UW,s in conforming, FHA and VA, with common sense uw. Uw will call Lo’s to discuss files if issues arise. Receive (.125) points extra for FHA and VA full doc loans for fico >=720 Receive (.250) extra for Conforming loans with fico >=700 , <=60 LTV We include upfront MIP in high cost test. |
Assurity Financial Services, LLC *** FHA LENDER *** *** VA LENDER *** VA Sponsor ID: 2390640000 |
| Purchase Special: 95% 1st time Home Buyers/700 min. fico $417,000 max loan SFR & PUDS 41 Max DTI 2 mos. Reserves 3% Seller Concessions DU Approve/Eligible Only Agency Conforming LTV/FICO Matrices attached. FHA Fixed Rate 15-30 year term 100% Financing USDA Rural Development (Call ReP) |
Bank of Ann Arbor *** USDA LENDER *** |
| We are USDA-RD only! No FHA or any other programs. We only do USDA-RD Nationally and we are one of the biggest and we are the best. All income eligibility must be checked at: http://eligibility.sc.egov.usda.gov All properties must be checked for eligibility at: http://eligibility.sc.egov.usda.gov |
CNB National Lending, LLC *** USDA-RD LENDER *** |
| Programs currently offered: Conforming fixed DU Refi Plus max ltv 105% cltv 110% (Loans with MI not allowed) No max DTI with AUS approval Guidelines attached to rates sheets!! |
Caliber Funding |
| Crescent does, Conventional (FNMA and FHLMC), FHA, VA and RD | Crescent Mortgage Company *** FHA LENDER *** *** VA LENDER *** 64023500000 VA |
| we need a 720 score for all jumbos THEY HAVE THE DU REFI PLUS PROGRAM |
Fifth Third *** FHA LENDER *** |
| We are doing only government lending here at FGMC we offer manual underwriting on FHA and VA loans. Min. credit score for purchase = 530 1x Close Construction to perm loans No min. score requirement for refis FHA 203Ks rehab - manual and DU approval (min. 580 score) Manufactured homes (min. 620 score) |
First Guaranty Mortgage Corporation *** FHA LENDER *** |
| MANUAL FHA UW ONLY | First American Mortgage Trust *** FHA LENDER ONLY*** |
| We ONLY accept VA and conventional | Franklin American *** VA LENDER ***(8753184811) |
| FYI-THEY ORDER FIELD REVIEWS ON MANY APPRAISALS | Freedom Mortgage *** FHA LENDER *** ""VA LENDER #5550111701 |
| Automated FHA UW only…..NO MANUAL UW | GSF Funding *** FHA LENDER *** |
| THEY HAVE THE DU REFI PLUS PROGRAM | ICON Residential Capital |
| They do NOT do CONDOS on FHA They will use credit for 120 days (LONGEST of any lender) Locks only have to be good thru the CLOSING, not funding |
M&I Home Lending Solutions *** FHA LENDER *** |
| *FNMA Home Path (call rep for more details) - 97%, OO, Purchase, No MI, No Appr, 660 Fico (3% down my be gift from relative) - 90%, NOO (Investment), No MI, No Appr, 660 Fico (5% down payment may be a gift) - 95%, NOO (Second Home), No MI, No Appr, 660 Fico (5% down may be a gift) ***Home must be approved for HomePath Financing. Check website www.homepath.com to see if home qualifies |
Nationstar Mortgage *** FHA LENDER *** |
| Plaza Home Mortgage *** FHA LENDER *** ***USDA LENDER*** ***VA LENDER*** (9065310000) |
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| upto 75% only on CONFORMING | POLARIS HOME FUNDING CORP *** FHA LENDER *** ***USDA LENDER*** |
| PANAMERICAN | Presidents First *** FHA LENDER *** |
| AGGRESSIVE MANUAL ONLY LENDER….CALL AE | Security Atlantic *** FHA LENDER *** |
| THEY HAVE THE DU REFI PLUS PROGRAM | SecurityNational Mortgage Company (SNMC) *** FHA LENDER *** |
| We do 1 day off the market No hits down to 60K For streamlines, they will allow resubordination per FHA guidelines, i.e., on a streamline without appraisal, you're not stuck with CLTV restrictions..... Village, Polaris both use the original loan amount and limit you to 100 or 120% CLTV. Pricing is OK to competitive if you lock upon conditional or full approval (up to .5% over standard rate) and there is another .125 available with 720+ scores. |
University Lending Group *** FHA LENDER *** |
| Construction and Rehab LENDER we require a minimum 660 middle score We have a refinance product that is based on a t-bill ARM (1 year) for clients that must use bank statements for income verification. I don’t have a 30/15 fixed offering. |
United Midwest Savings Bank Construction and Rehab LENDER |
| 24/48 Hour Approvals (Streamlines & Approve/Eligible) 24 Hour Condition Clearing Close 24 hours after ctc |
United Wholesale Mortgage *** FHA LENDER ONLY *** |
| PORTFOLIO LENDER All of our loans are full doc only (50% dti). All of our loans are owner occupied only. 98% of our loans are 650+ mid score (we also have some subprime options for scores under 650). We have no MI on ANY of our loans. We go to 90% LTV (1st or 2nd position). We have no bump to rate and very few restrictions on cash out, to 90%. In fact, we don't even consider it cash out unless it is cash in hand. We have no bump to rate for interest only (ARMs and HELOC). We lend on properties one day off the MLS. Escrows are always optional. There is no fee to waive them and they are provided at no charge if requested. |
US Bank |
| Turn timers consistently 2-3 days in underwriting. No cap on broker fees/points Mid 50 DTIs on good deals/Refer/Elig (I get these done a lot) 1 score ok Co-borrower with no score – need App/Elig Manual UW with no price hit. We have a commercial division as well. Chapter 13 buyouts ok We don’t add conditions on top of your approved eligible findings Consumer lates are ok with explanations Do not have to pay collections |
Village Capital & Investment *** FHA LENDER*** |