CONVENTIONAL FINANCING

• Agency Fixed-rate Programs

  • 10- to 30-year fixed and high balance

  • 6- and 12-month extended lock options

  • 2-1 buydowns available

  • Lock and Shop 60- and 90-day options

ADDITIONAL CREDIT FLEXIBILITIES - CONVENTIONAL

• Direct agency seller-servicer

• Manufactured homes including single-wide

• Manual underwrites with extenuating circumstances considered

• Financed properties follow agency guidelines

• HomeReady / HomePossible

• Homestyle Renovation loans referral option 

  • In-house reno draws

  • Reno Specialist handles the referrals 

• Family First Mortgage Program

  • Purchase a home for aging parents as primary residence

  • Purchase a home for handicapped or disabled children as primary residence

FHA FINANCING

• Minimum credit score: 500

• Minimum credit score high balance: 640

• Scorecard AUS “approve/eligible” or LP “accept”

• Programs

  •  Fixed-rate – 15- to 30-year fixed and high-balance options

  •  6- and 12-month extended lock options

  •  2/1 Buydowns available

• FHA Streamline

  •  Scores down to 600 

  •  No score requirement for NFM-to-NFM serviced loans

NFM SECURITY PRODUCT – NON-AGENCY REIT/PLS

• Alternative outlet for GSE eligible loans

• Lower LLPA’s compared to GSE’s

• Utilize agency AUS for credit underwriting

• Great outlet for second homes and investment properties

IN-HOUSE NON-QM PRODUCTS AVAILABLE

• In-house underwriting support and scenario desk

• Non-warrantable condos

• 12- and 24-month bank statement

• Investor DSCR Program (professional investor – LLC allowed)

• Agency “Just Miss” and asset-based alt-doc programs

• Closes in our name

ADDITIONAL CREDIT FLEXIBILITIES - FHA

• Manufactured and modular homes

• HUD REO

• HUD with repair escrows

• FHA 203K Renovation Loans (Full and Streamline)

VA FINANCING

• Minimum credit score: 580

• VA Jumbo: 640 to $1M; 680 to $1.5M

• Scorecard AUS “approve/eligible” or LP “accept”

• Cash out refinance max LTV 90% 

• Programs:

  •  15 to 30-year fixed and high-balance / jumbo options

  •  Extended Lock options available

  •  2/1 Buydowns available

• VA IRRRL

  •  Scores down to 620

  •  No score requirement for NFM-to-NFM serviced loans

  •  No AVM and unlimited LTV options

ADDITIONAL CREDIT FLEXIBILITIES - VA

• Manufactured homes

• Vet/Non-Vet joint transactions

• VA Renovation Loans

USDA FINANCING

• Minimum credit score: 580

• Purchase and refinance

• Programs:

  •  Fixed-rate

  •  30-year fixed

  •  2/1 buydowns available

NFM 2^ND MORTGAGE OPTION

• Fixed closed-end 2nds and home equity lines available

• Delegated underwriting

• Closes in our name

NON-COMFORMING JUMBO

• NFM Jumbo Program – delegated – very aggressively priced

• LTV’s up to 90% 

• Unlimited cash-out options

• Jumbo Express – Automated underwriting  (AUS) options

• Jumbo loan options up to $5M

• Non-delegated options available

AGENCY AND NON-AGENCY ARM OPTIONS

• 2^nd Home ARM down to $50k

  • Delegated – very aggressively priced

• Agency ARM options – Pricing can vary depending on market

• NFM Platinum

  • Aggressively priced $400k to conforming loan limits

  • Options available up to $5M

BROKER HIGHLIGHTS

• 5^th Street Capital

  • Non-QM, bank statements, complex income, foreign income/borrowers, unique properties, non-warrantable condos

• ACC Mortgage

  • ITIN, Foreign National, Non-QM, DSCR

• AAG Reverse

  • Reverse mortgages

• Angel Oak

  • Non-QM Bank Statement, Asset Qualifier, DSCR, Jumbo 90%

• Carrington

  • Government outlet for loans we cannot lend on 

• Flagstar Bank

  • Construction-to-perm- jumbo and conventional options

• Lendsure

  • Non-QM

• Luxury Mortgage

  • Jumbo “Just Miss”

• Quontic Bank

  • Non-QM

• Quorum Federal Credit Union

  • Referral (not broker) of HELOC transactions

• Symmetry Lending

  • HELOC transactions