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what a wholesale lenders rate sheet looks like
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Products: PageFHA Pg. 2
FHA Streamline Refinance Pg. 2
FHA High Balance Pg. 2
FHA High Balance Streamline Refinance Pg. 2
CalHFA - CHDAP 2nd Lien Pg. 3
USDA/Rural Housing Pg. 3
VA Pg. 3
VA High Balance Pg. 3
VA IRRRL/VA IRRRL High Balance Pg. 3
CHF Platinum Pg. 3
FHA Help Pg. 3
FHA Help High Balance Pg. 3
FHA/VA/USDA Price Adjustments Pg. 4
Agency (FNMA/FHLMC) Pg. 5
Agency ARMs Pg. 5
Agency Premium Pg. 5
Agency TX Home Equity Pg. 5
Agency Price Adjustments Pg. 6
Agency No MI Pg. 7
Agency No MI Adjustments Pg. 8
Agency High Balance Pg. 9
Agency No MI High Balance Pg. 9
FHLMC Super Conforming Pg. 9
Agency High Balance Adjustments Pg. 10
FNMA Homepath Pg. 11
FNMA Homepath High Balance Pg. 11
FNMA DU Refi Plus Pg. 11FNMA Homepath Price Adjustments Pg. 12
FNMA DU Refi Plus Adjustments Pg. 12
Gold Medal Jumbo Pg. 13
Silver Medal Jumbo Pg. 13
Platinum Jumbo Pg. 13
Gold /Silver Medal/Platinum Price Adjustments Pg. 14 Doc & Funding Cut-Off DatesLender Fees Last day to fund FHA/VA loans with Jan Docs 02/07/13
Underwriting Fee - Borrower Paid Transactions $990.00 Last day to fund Agency loans with Jan Docs 02/08/13Underwriting Fee - Lender Paid Transactions $990.00 Last day to Doc Streamlines for Feb Funding 02/21/13FHA Streamline/VAIRRL $590.00 Last day to Sign Streamlines for Feb Funding 02/22/13CalHFA $550.00 Last day to Draw Docs for April 1st Payment 02/27/13
Loan SubmissionsEmail: [email protected] Lock Cut-off 3:00 pm PSTPhysical Address: Lock Online www.PRMGlending.net1215 120th Avenue NE, Suite 102, Bellevue, WA 98005 Secondary Fax 951-278-5633
Extensions & Re-Locks [email protected]
Turn Times
Underwriting-Refinances Call AE Lock Expiration DatesUnderwriting-Purchases Call AE 15 Days 03/14/13Docs 24-48 Hrs 30 Days 03/29/13Funding 24-48 Hrs 40 Days 04/08/13
55 Days 04/23/13
Mortgagee Clause
Paramount Residential Mortgage Group, INC. Lock Extension PolicyIts Successors and/or Assigns 1-5 Days 0.2501265 Corona Pointe Court Ste. 301 6-10 Days 0.375Corona, California 92879 11+ Days Refer to Relock Policy
FHA HUD ID # Extended Rate Lock Terms22-94400120 40 Days .250 in fee
55 Days .500 in fee
VA Lender ID #
900115-00-00
Market Update1 Yr Libor 0.753
Approved States 1 Yr T-Bill 0.170
Arizona South Carolina 6 Mo Libor 0.457California Tennessee Prime Rate 3.250Colorado Texas 10 Yr Bond 1.860Connecticut Utah 30 Yr Bond 3.050Florida Vermont
Georgia Washington Average Prime Offer RatesIdaho 30/40 Yr Fixed 3.620Maine 15/20 Yr Fixed 2.880Maryland 10 Yr Fixed 3.890Massachusetts 1/1 ARM 2.940New Hampshire 3/1 ARM 2.890New Mexico 5/1 ARM 2.860Nevada 7/1 ARM 3.060North Carolina 10/1 ARM 3.490OregonPennsylvaniaRhode Island
PRMG WebsiteFastTrac www.PRMGlending.net
Scenario PricerFor On-line Rate/Price quotes, log on to our Scenario Pricer at: www.PRMGlending.net
Branch Production Manager: Jajean Leaf
1215 120th Avenue NE, Suite 102, Bellevue, WA 98005 (425) 455-0199
WASHINGTON WHOLESALE BRANCH
Lock Desk Info
The above fees are applied to the 30 day price.
Base Pricing Assumes Borrower Paid Compensation
Wholesale Rates effective until 3:00 pm PDT (In an occurance of a Price Change, Notification will be sent)
Table of Contents PRMG News
Page 1
Wholesale Rates effective until 3:00 pm PDT (In an occurance of a Price Change, Notification will be sent)
30 Yr Fixed 15 Yr FixedRate 15 30 Rate 15 30 Rate 15 30 FHA4.125% (6.125) (5.875) 3.500% (4.250) (4.000) 3.875% (4.375) (4.125)4.000% (6.750) (6.500) 3.375% (4.125) (3.875) 3.750% (3.875) (3.625) * Owner Occupied 3.875% (5.875) (5.625) 3.250% (3.875) (3.625) 3.625% (3.500) (3.250) * R&T to 97.75% LTV3.750% (5.375) (5.125) 3.125% (2.750) (2.500) 3.500% (3.375) (3.125) * Cash-out to 85% LTV3.625% (4.375) (4.125) 3.000% (2.750) (2.500) 3.375% (2.750) (2.500) * SFR, 1-4 Units, Condo's, 3.500% (4.250) (4.000) 2.875% (2.500) (2.250) 3.250% (2.250) (2.000) Modular Homes3.375% (3.625) (3.375) 2.750% (2.000) (1.750) 3.125% 1.875 2.125 * 640 Minimum Fico 3.250% (3.125) (2.875) 2.625% 0.500 0.750 * No Reserve Reqmts.3.125% 0.500 0.750 2.500% 0.875 1.1253.000% 0.500 0.750 FHA HIGH BALANCE
* Owner Occupied * R&T to 97.75% LTV* Cash-out to 85% LTV
3/1 ARM 5/1 ARM * SFR, 1-4 Units, Condo's, Start Rate 15 30 Start Rate 15 30 Rate 15 30 Modular Homes4.125% 1.375 1.625 3.625% (1.750) (1.500) 3.990% (4.250) (4.000) * 660 Minimum Fico 4.000% 1.625 1.875 3.500% (1.750) (1.500) 3.875% (4.000) (3.750) * Full Doc3.875% 1.875 2.125 3.375% (1.750) (1.500) 3.750% (3.625) (3.375) * No Reserve Reqmts.3.750% 2.125 2.375 3.250% (1.750) (1.500) 3.625% (3.125) (2.875)3.625% 3.125 3.375 3.125% (1.750) (1.500) 3.500% (3.000) (2.750)3.500% 3.375 3.625 3.000% (1.625) (1.375) 3.375% (2.500) (2.250) STREAMLINE PREMIUM3.375% 3.625 3.875 3.250% (2.000) (1.750)3.250% 3.875 4.125 3.125% 2.125 2.375 * 640 Minimum Fico
* AVM/2055 Required* 115% Maximum LTV/CLTV* Income Docs Not Required* SFR, 2-4 Units, Condo's, PUDs, Modular Homes* Fin Closing Cost not allowed
Rate 15 30 Rate 15 30 Rate 15 30 FHA STREAMLINE REFI3.875% (5.625) (5.375) 3.500% (4.000) (3.750) 3.875% (4.500) (4.250)3.750% (5.125) (4.875) 3.375% (3.875) (3.625) 3.750% (4.000) (3.750) * 680 Minimum Fico 3.625% (4.125) (3.875) 3.250% (3.625) (3.375) 3.625% (3.500) (3.250) * No Appraisal Required3.500% (4.000) (3.750) 3.125% (2.500) (2.250) 3.500% (3.125) (2.875) * 100% Maximum CLTV3.375% (3.375) (3.125) 3.000% (2.500) (2.250) 3.375% (2.500) (2.250) * Income Docs Not Required3.250% (2.875) (2.625) 2.875% (2.250) (2.000) 3.250% (2.000) (1.750) * SFR, Condo's, 3.125% 0.750 1.000 2.750% (1.750) (1.500) 3.125% 1.375 1.625 Modular Homes
* Fin Closing Cost allowed With appraisal option
FHA HIGH BAL STREAMLINE
* Owner Occupied * SFR, Condo's,
Repair Escrow 30 Yr High Balance 5/1 ARM Modular HomesRate 15 30 Start Rate 15 30 * 680 Minimum Fico 3.875% (4.625) (4.375) 3.625% (2.375) (2.125) * No Appraisal Required3.750% (4.250) (4.000) 3.500% (2.125) (1.875) * Income Docs Not Required3.625% (3.375) (3.125) 3.375% (1.875) (1.625)3.500% (3.000) (2.750) 3.250% (1.625) (1.375)3.375% (2.500) (2.250) 3.125% (0.500) (0.250) FHA REPAIR ESCROW3.250% (2.000) (1.750) 3.000% (0.250) 0.0003.125% 1.125 1.375 * HUD REOs Only3.000% 1.875 2.125 * SFR, 1-4 Units, Condo's
* 640 Minimum Fico * SFR, 1-4 Units, Condo's * Finance HUD Approved Repair costs on HUD REOs
FHA Flip 30 Yr Fixed FHA Flip 15 Yr Fixed
Rate 15 30 Rate 15 30 Rate 15 30
3.750% (5.125) (4.875) 3.500% (4.000) (3.750) 3.750% (4.875) (4.625)
3.625% (4.125) (3.875) 3.375% (3.875) (3.625) 3.625% (3.875) (3.625)
3.500% (4.000) (3.750) 3.250% (3.625) (3.375) 3.500% (3.750) (3.500)
3.375% (3.375) (3.125) 3.125% (2.500) (2.250) 3.375% (3.125) (2.875) FHA SHORT REFI3.250% (2.875) (2.625) 3.000% (2.500) (2.250) 3.250% (2.625) (2.375)
3.125% 0.750 1.000 2.875% (2.250) (2.000) 3.125% 1.000 1.250 * SFR only
3.000% 0.750 1.000 2.750% (1.750) (1.500) 3.000% 1.000 1.250 * AUS Approval Req.
2.625% 0.875 1.125 * 640 Minimum Fico
2.500% 1.250 1.500 * Owner Occupied
* R&T to 97.75% LTV
Rate Sheet: 122-Whls
Base Pricing Assumes Borrower Paid Compensation
GOVERNMENT
SRP Included in Base Price
Streamline Premium 30
SRP Included in Base Price
Wednesday, February 27, 2013
SRP Included in Base Price
FHAUnderwriting Highlights
SRP Included in Base Price
SRP Included in Base Price
2.00 Margin, 1/1/5 Caps
FHA Streamline 30 YR
SRP Included in Base Price
SRP Included in Base Price
High Balance - 30
Str Premium HB - 30
SRP Included in Base Price
SRP Included in Base Price
FHA Short Refi 30
SRP Included in Base PriceSRP Included in Base Price
SRP Included in Base Price
2.00 Margin, 1/1/5 Caps2.00 Margin, 1/1/5 Caps
Streamline Premium 15
SRP Included in Base Price
Page 2
Wholesale Rates effective until 3:00 pm PDT (In an occurance of a Price Change, Notification will be sent)
30 Yr Fixed 15 Yr Fixed
Rate 15 30 Rate 15 30 Rate 15 30 VA3.875% (5.000) (4.750) 3.250% (2.750) (2.500) 3.625% (2.500) (2.250)3.750% (4.500) (4.250) 3.125% (2.125) (1.875) 3.500% (2.500) (2.250) * Owner Occupied 3.625% (4.000) (3.750) 3.000% (1.875) (1.625) 3.375% (2.500) (2.250) * 100% LTV on Purchase 3.500% (3.625) (3.375) 2.875% (1.250) (1.000) 3.250% (2.500) (2.250) * Cash-out to 90% LTV3.375% (3.000) (2.750) 2.750% (0.875) (0.625) 3.125% (2.500) (2.250) * SFR, 1-4 Units, PUD,Condo's 3.250% (2.500) (2.250) 2.625% 0.750 1.000 3.000% (2.500) (2.250) * 620 Minimum Fico 3.125% 0.875 1.125 2.500% 1.125 1.375 * Full Doc3.000% 1.375 1.625 * No Reserve Reqmts.
* up to $417k Max Loan Amount
* Gift Funds Allowed* 3/1 ARM available
2.00 Margin, 1/1/5 Caps
VA HIGH BALANCERate 15 304.000% (4.125) (3.875) * Owner Occupied 3.875% (3.500) (3.250) * 100% LTV on Purchase 3.750% (3.125) (2.875) * Cash-out to 90% LTV3.625% (2.500) (2.250) * SFR, PUD, Condo's 3.500% (2.125) (1.875) * 680 Minimum Fico 3.375% (1.625) (1.375) * Full Doc3.250% (1.125) (0.875) * $417,001 Min Loan Amount3.125% 2.250 2.500 * up to $1.5m Max Loan Amount
* 3/1 ARM available
2.00 Margin, 1/1/5 Caps
VA IRRRLRate 15 30 Rate 15 30 Rate 15 303.875% (5.375) (5.125) 3.250% (3.125) (2.875) 4.000% (4.250) (4.000) * Owner Occupied 3.750% (4.875) (4.625) 3.125% (2.500) (2.250) 3.875% (3.000) (2.750) * Rate Reduction Refinance3.625% (4.375) (4.125) 3.000% (2.250) (2.000) 3.750% (2.625) (2.375) * SFR, PUD, Condo's, 2-4 Units3.500% (4.000) (3.750) 2.875% (1.625) (1.375) * 640 Minimum Fico 3.375% (3.375) (3.125) 2.750% (1.250) (1.000) * Full Doc3.250% (2.875) (2.625) 2.625% 0.375 0.625 * up to $700k Max Loan Amount
3.125% 0.500 0.750 2.500% 0.750 1.000 * 5/1 and 3/1 ARMs available3.000% 1.000 1.250
USDA/Rural HousingRate 15 30 Rate 15 30 Rate 15 30 * 100% LTV/CLTV3.750% (4.375) (4.125) 4.000% (3.000) (2.750) 3.375% (0.750) (0.500) * SFR, PUD's3.625% (3.625) (3.375) 3.875% (2.625) (2.375) 3.250% (0.500) (0.250) * 640 Minimum Fico 3.500% (3.250) (3.000) 3.750% (2.375) (2.125) 3.125% 0.000 0.250 *Max Loan Amount $417k3.375% (2.625) (2.375) 3.625% (1.250) (1.000) 3.000% 0.375 0.6253.250% (2.125) (1.875) 3.500% (0.875) (0.625) 2.875% 0.750 1.000 FHA 203K Streamline
3.375% (0.375) (0.125) 2.750% 1.125 1.375 * SFR, 1-4 Units, PUD,Condo's 3.250% 0.000 0.250 2.625% 5.000 5.250 * Max 96.5% LTV Purchase
2.500% 5.375 5.625 * 640 Min FICO2.375% 5.750 6.000 * 5/1 T and 15 yr HB available
Good Neighbor Next DoorRate 15 30 Rate 15 30
3.875% (4.625) (4.375) 4.000% (1.750) (1.500) * Special program for Law
3.750% (4.250) (4.000) 3.875% (1.375) (1.125) Enforcement Officers,
3.625% (3.375) (3.125) 3.750% (1.125) (0.875) Firefighters, EMTs and
3.500% (3.000) (2.750) 3.625% 0.000 0.250 School Teachers
3.375% (2.500) (2.250) 3.500% 0.375 0.625 * $100 Min Down Payment
3.250% (2.000) (1.750) 3.375% 0.875 1.125 * Up to 50% Discount on the
3.125% 1.125 1.375 3.250% 1.250 1.500 Sales price
3.000% 1.875 2.125 * Select HUD REOs Only
Rate 40 N/A CalHFA3.250% 0.000 * SFR, PUD's, Condo's
* First Time Homebuyers
* 96.50% LTV/105% CLTV
Rate Sheet: 122-Whls
VAUnderwriting Highlights5/1 ARM
Govt Special Programs
High Balance - 30
FHA 203K Strmline 30
SRP Included in Base Price
FHA 203K Strm HB 30
VA IRRRL - 15
Base Pricing Assumes Borrower Paid Compensation
VA IRRRL High Bal - 30
Wednesday, February 27, 2013
VA IRRRL - 30
GOVERNMENT
FHA Good Nbr 30
SRP Included in Base Price
SRP Included in Base Price
FHA 203K Strmline 15
SRP Included in Base Price
USDA - 30 Yr
SRP Included in Base Price
CalHFA- CHDAP 2nd
Borrower Paid Comp Only
Page 3
Wholesale Rates effective until 3:00 pm PDT (In an occurance of a Price Change, Notification will be sent)
Loan Amount: Loan Amount:
* Loans $100k-$139,999 0.125 * Loans $100k-$139,999 0.125
* Loans $75k-$99,999 0.500 * Loans $75k-$99,999 0.500
* Loans $50k-$74,999 0.875 * Loans $50k-$74,999 0.875
* Loans $30k-$49,999 2.000 * Loans $30k-$49,999 2.000
* Loans < $30,000 Contact Secondary * Loans < $30,000 Contact Secondary
FICO: FICO:
* Fico Scores >= 720 -0.250 * Fico Scores >= 720 -0.250
* Fico Scores 640 - 679 0.500 Miscellaneous :
Miscellaneous : * Down Payment Asst Prgrms 0.375
* Down Payment Asst Prgrms 0.375
Loan Amount:
Loan Amount: * Loans $145k-$174,999 0.125
* Loans $100k-$139,999 0.125 * Loans $125k-$144,999 0.250
* Loans $75k-$99,999 0.500 * Loans $100k-$124,999 0.375
* Loans $50k-$74,999 0.875 * Loans $70k-$99,999 0.750
* Loans $30k-$49,999 2.000 * Loans $50k-$69,999 1.125
* Loans < $30,000 Contact Secondary * Loans < $30,000 Contact Secondary
FICO: FICO:
* Fico Scores >= 720 -0.250 * Fico Scores >= 720 -0.250
* Fico Scores 660 - 679 0.250 * Fico Scores 640 - 679 0.500
* Fico Scores 640 - 659 0.500
Miscellaneous :
* Base pricing and Adjustments available in FastTrac * Down Payment Asst Prgrms 0.375
FICO:
Loan Amount: * Fico Scores >= 720 -0.250
* Loans $100k-$139,999 0.125 * Fico Scores 660 - 679 0.500
* Loans $75k-$99,999 0.500 Miscellaneous :
* Loans $50k-$74,999 0.875 * Down Payment Asst Prgrms 0.375* Loans $30k-$49,999 2.000
* Loans < $30,000 Contact Secondary FICO:
FICO: * Fico Scores >= 720 -0.375
* Fico Scores >= 720 -0.375 * Fico Scores 640 - 659 0.375* Fico Scores 640 - 659 0.375
Loan Amount:Loan Amount: * Loans $100k-$139,999 0.125
* Loans $100k-$139,999 0.125 * Loans $75k-$99,999 0.500
* Loans $75k-$99,999 0.500 * Loans $50k-$74,999 0.875
* Loans $50k-$74,999 0.875 * Loans $30k-$49,999 2.000
* Loans $30k-$49,999 2.000 * Loans < $30,000 Contact Secondary* Loans < $30,000 Contact Secondary FICO:FICO: * Fico Scores >= 720 -0.250
* Fico Scores >= 720 -0.250 * Fico Scores 640 - 679 0.500* Fico Scores 640 - 679 0.500 Miscellaneous :Miscellaneous : * State Adjust: MA only 0.750
* State Adjust: MA only 0.750
All FHA Fixed Rates (excluding FHA 203k) 104.000 All FHA ARM 103.750
Loan Amount: Loan Amount:
* Loans $100k-$139,999 0.125 * Loans $100k-$139,999 0.125
* Loans $75k-$99,999 0.500 * Loans $75k-$99,999 0.500
* Loans $50k-$74,999 0.875 * Loans $50k-$74,999 0.875
* Loans $30k-$49,999 2.000 * Loans $30k-$49,999 2.000
* Loans < $30,000 Contact Secondary * Loans < $30,000 Contact Secondary
FICO: FICO:
* Fico Scores 620 - 639 1.500 * Fico Scores 640 - 679 0.500
* Fico Scores 640 - 679 0.500 * Fico Scores >=720 -0.250
* Fico Scores >=720 -0.250 Occupancy:
Miscellaneous : * N/O/O 0.750
* Down Payment Asst Prgrms 0.375
Credit Score:
* FICO >= 720 -0.250 FICO:
Miscellaneous : * Fico Scores 640 - 679 0.250
* Down Payment Asst Prgrms 0.375 * Fico Scores >=720 -0.250
All VA programs 104.000
Loan Amount: USDA Fixed Rates 104.000
* Loans $100k-$139,999 0.125
* Loans $75k-$99,999 0.500
* Loans $50k-$74,999 0.875
* Loans $30k-$49,999 2.000
* Loans < $30,000 Contact Secondary
FICO:
* Fico Scores 640 - 659 1.000
* Fico Scores >=720 -0.250
Lender Paid Comp (Applicable to all programs):
* Plan C1 1.000 * Plan C9 3.000
* Plan C2 1.250 * Plan C10 3.250
* Plan C3 1.500 * Plan C11 3.500
* Plan C4 1.750 Additional Comp Paid By Lender (Applicable to all programs):
* Plan C5 2.000 * Plans C1 - C11 0.125
* Plan C6 2.250 * Plans C1 - C10 0.250
* Plan C7 2.500 * Plans C1 - C10 0.375
* Plan C8 2.750
Comp Plans fire based on the App date entered on the FT 1003. This should be the date submitted to PRMG or the Locked date which ever comes first.
Rate Sheet: 122-Whls
VA Price Adjustments
FHA High Balance Price Adjustments
VA IRRRL High Balance Price Adjustments
Maximum Rebate/Buy
FHA Repair Escrow Price Adjustments
FHA Streamline Premium Price Adjustments
FHA $100 Down Price Adjustments
FHA Flip Price AdjustmentsFHA Short Refi Price Adjustments
Base Pricing Assumes Borrower Paid Compensation
FHA Price Adjustments
FHA Streamline Price AdjustmentsGOVERNMENT
VA IRRRL Price Adjustments
VA High Balance Price Adjustments
Compensation Level Price Adjustments
VA Price Adjustments
USDA Price Adjustments
USDA Price Adjustments Maximum Rebate/Buy
PRICE ADJUSTMENTSWednesday, February 27, 2013
FHA Price Adjustments
FHA 203K High Bal Streamline Price Adjustments
Maximum Rebate/Buy
FHA 203K Streamline Price Adjustments
Maximum Rebate/Buy
Page 4
Wholesale Rates effective until 3:00 pm PDT (In an occurance of a Price Change, Notification will be sent)
30/25 Yr Fixed 20 Yr Fixed 15 Yr Fixed
Rate 15 30 Rate 15 30 Rate 15 30 Owner Occupied4.625% (6.125) (5.875) 4.500% (6.375) (6.125) 4.250% (5.375) (5.125) * Purchase to 95% LTV4.500% (5.500) (5.250) 4.375% (6.250) (6.000) 4.125% (5.250) (5.000)4.375% (5.625) (5.375) 4.250% (5.750) (5.500) 4.000% (5.250) (5.000) * Rate and Term to 95% LTV4.250% (5.250) (5.000) 4.125% (5.250) (5.000) 3.875% (5.250) (5.000)4.125% (4.625) (4.375) 4.000% (4.875) (4.625) 3.750% (4.875) (4.625) * Cash-out to 80% LTV4.000% (4.125) (3.875) 3.875% (4.875) (4.625) 3.625% (4.500) (4.250)3.875% (4.125) (3.875) 3.750% (4.375) (4.125) 3.500% (4.125) (3.875) * SFR, 1-4 Units, Condo's 3.750% (3.625) (3.375) 3.625% (3.625) (3.375) 3.375% (3.875) (3.625)3.625% (3.000) (2.750) 3.500% (2.625) (2.375) 3.250% (3.625) (3.375) * 620 Minimum Fico 3.500% (2.125) (1.875) 3.375% (1.750) (1.500) 3.125% (3.250) (3.000)3.375% (1.375) (1.125) 3.250% (1.000) (0.750) 3.000% (2.750) (2.500) Non-Owner Occupied3.250% (0.250) 0.000 3.125% (0.875) (0.625) 2.875% (2.000) (1.750) * Purchase to 80% LTV3.125% 0.750 1.000 3.000% 0.250 0.500 2.750% (1.375) (1.125)
* R/T to 75% LTV
Agency Premium 30 3/1 Libor ARM 3/1 Libor ARM-Int Only * C/O to 60% LTVRate 15 30 Start Rate 15 30 Start Rate 15 304.375% (5.625) (5.375) 3.250% 0.000 0.250 3.500% 0.375 0.625 * SFR, 1-4 Units, Condo's 4.250% (5.250) (5.000) 3.125% 0.000 0.250 3.375% 0.375 0.6254.125% (4.500) (4.250) 3.000% 0.125 0.375 3.250% 0.500 0.750 Other4.000% (4.000) (3.750) 2.875% 0.125 0.375 3.125% 0.500 0.7503.875% (3.625) (3.375) 2.750% 0.250 0.500 3.000% 0.625 0.875 * Minimum $50k Loan amount3.750% (3.125) (2.875) 2.625% 0.375 0.625 2.875% 0.625 0.8753.625% (2.500) (2.250) 2.500% 0.500 0.750 2.750% 0.750 1.000 * Full Doc 3.500% (1.625) (1.375) 2.625% 0.875 1.1253.375% (0.875) (0.625) 2.500% 1.000 1.250 * DU & LP Approvals Accepted
3.250% 0.000 0.2503.125% 1.125 1.375 * Loans w/LTV >80% require MI
* 30 Yr Fixed Interest only also available
5/1 Libor ARM 5/1 Libor ARM-Int Only 7/1 Libor ARMStart Rate 15 30 Start Rate 15 30 Start Rate 15 303.375% (0.750) (0.500) 2.625% (1.250) (1.000) 3.750% (0.875) (0.625)3.250% (0.750) (0.500) 2.500% (1.125) (0.875) 3.625% (0.875) (0.625) AGENCY PREMIUM3.125% (1.000) (0.750) 3.500% (0.750) (0.500)3.000% (2.125) (1.875) 3.375% (1.875) (1.625) * Owner Occ to 97% LTV2.875% (2.000) (1.750) 3.250% (1.875) (1.625)2.750% (1.875) (1.625) 3.125% (1.750) (1.500) * Second Homes to 90% LTV2.625% (1.750) (1.500) 3.000% (1.625) (1.375)2.500% (1.625) (1.375) 2.875% (1.625) (1.375) * Purchase & Rate and Term
2.750% (1.500) (1.250) Refi's
* SFR, PUD's, and Condos
* 620 Minimum Credit Score2.25 Margin, 5/2/5 Caps
7/1 Libor ARM-Int Only 10/1 Libor ARM * up 417,000 Loan amountStart Rate 15 30 Start Rate 15 303.125% (1.250) (1.000) 3.250% (1.625) (1.375) * 10, 15, 20, 25 Yr Fixed also 3.000% (1.125) (0.875) 3.125% (1.375) (1.125) available
3.000% (1.125) (0.875)
Start Rate 15 30 Start Rate 15 30 Start Rate 15 30
4.375% (5.250) (5.000) 3.875% (5.000) (4.750) 3.750% (0.875) (0.625)
4.250% (4.875) (4.625) 3.750% (4.625) (4.375) 3.625% (0.750) (0.500)
4.125% (4.125) (3.875) 3.625% (4.250) (4.000) 3.500% (0.750) (0.500)
4.000% (3.750) (3.500) 3.500% (3.875) (3.625) 3.375% (0.625) (0.375)
3.875% (3.250) (3.000) 3.375% (3.625) (3.375) 3.250% (0.750) (0.500)
3.750% (2.750) (2.500) 3.250% (3.250) (3.000) 3.125% (0.625) (0.375)
3.625% (1.875) (1.625) 3.125% (2.875) (2.625) 3.000% (1.500) (1.250)
3.500% (1.000) (0.750) 3.000% (2.250) (2.000) 2.875% (1.375) (1.125)
3.375% 0.000 0.250 2.875% (1.500) (1.250)
3.250% 1.000 1.250 2.750% (0.750) (0.500)
Rate Sheet: 122-Whls
Wednesday, February 27, 2013
2.25 Margin, 5/2/5 Caps
Base Pricing Assumes Borrower Paid Compensation
2.25 Margin, 2/2/6 Caps2.25 Margin, 2/2/6 Caps
2.25 Margin, 5/2/5 Caps
Underwriting Highlights
2.25 Margin, 5/2/5 Caps
AGENCY
FNMA/FHLMC
2.25 Margin, 5/2/5 Caps2.25 Margin, 5/2/5 Caps
Agency TX Home Eq 30 Agency TX Home Eq 15 Agency TX Home Eq 7/1
Page 5
Wholesale Rates effective until 3:00 pm PDT (In an occurance of a Price Change, Notification will be sent)
Loan Amount: Credit Score:
* Loans $100k-$139,999 0.250 * Fico Scores >=740 & LTV >75-95% 0.250
* Loans $75k-$99,999 0.375 * Fico Scores 720-739 & LTV >70-75% 0.250
* Loans $50k - $74,999 0.500 * Fico Scores 720-739 & LTV >75-95% 0.500
* Loans $30k-$49,999 1.250 * Fico Scores >=700 & LTV <= 60% -0.250
Property Type: * Fico Scores 700-719 & LTV >70-75% 0.750
* 2 Units 1.250 * Fico Scores 700-719 & LTV >75-95% 1.000
* 3-4 Units 1.500 * Fico Scores 680-719 & LTV >60%-70% 0.500
* Condo >75% LTV (applicable only to terms >15 yrs) 0.750 * Fico Scores 680-699 & LTV >70-75% 1.250
Occupancy: * Fico Scores 680-699 & LTV >75-80% 1.750
* Contact Secondary on NOO for possible daily price improvements * Fico Scores 680 -699 & LTV >80% - 85% 1.500
* N/O/O up to 75% LTV 2.000 * Fico Scores 680 -699 & LTV >85% - 95% 1.250
* N/O/O LTV 75.01% to 80% 3.250 * Fico Scores 660-679 & LTV >60-70% 1.000
Subordinate Financing: * Fico Scores 660-679 & LTV >70-75% 2.250
* LTV <=65% & CLTV 80.01-95% & Fico <720 (Non IO) 0.500 * Fico Scores 660-679 & LTV >75-80% 2.750
* LTV <=65% & CLTV 80.01-95% & Fico > =720 (Non IO) 0.250 * Fico Scores 660 -679 & LTV >80% - 85% 2.750
* LTV 65.01-75% & CLTV 80.01-95% & Fico <720 (Non IO) 0.750 * Fico Scores 660 -679 & LTV >85% - 95% 2.250
* LTV 65.01-75% & CLTV 80.01-95% & Fico >=720 (Non IO) 0.500 * Fico Scores 640-659 & LTV <=60% 0.500
* LTV 75.01-95% & CLTV 76.01-95% & Fico <720 (Non IO) 1.000 * Fico Scores 640-659 & LTV >60-70% 1.250
* LTV 75.01-95% & CLTV 76.01-95% & Fico >=720 (Non IO) 0.750 * Fico Scores 640-659 & LTV >70-75% 2.750
Miscellaneous: * Fico Scores 640-659 & LTV >75-80% 3.000
* Escrow Waiver (CA Only) 0.150 * Fico Scores 620-639 & LTV <=60% 0.750
* Escrow Waiver (all other states) 0.250 * Fico Scores 620-639 & LTV >60-70% 1.500
* ARMs LTV 90.01-95% 0.250 * Fico Scores 620-639 & LTV >70-80% 3.000
* Down Payment Asst Prgrms 0.375 Additional Adds for Interest only loans
Credit Score (additional to all other adj): LTV:
* Fico Scores 680-739 0.125 * Fixed Rate w/LTV <=90% 0.750
* Fico Scores 620-679 0.250 * ARMs w/LTV <=90% 0.250
Additional Adds for Cash-out loans (Excluding the TX Home Equity)
* Fico Scores >=680 & LTV <=60% 0.250
* Fico Scores >=740 & LTV 60.01-75% 0.250
* Fico Scores >=740 & LTV 75.01-80% 0.500
Additional C/O Adds for TX Home Equity loans * Fico Scores 700-739 & LTV 60.01-75% 1.125
* Fico Scores >=740 & LTV 60.01-75% 0.250 * Fico Scores 700-739 & LTV 75.01-80% 1.250
* Fico Scores >=740 & LTV 75.01-80% 0.500 * Fico Scores 680-699 & LTV 75.01-80% 1.875
* Fico Scores 700-739 & LTV 60.01-75% 0.625 * Fico Scores 680-699 & LTV 60.01-75% 1.250
* Fico Scores 700-739 & LTV 75.01-80% 0.750 * Fico Scores 660-679 & LTV <=60% 1.500
* Fico Scores 680-699 & LTV 75.01-80% 1.375 * Fico Scores 660-679 & LTV 60.01-75% 1.750
* Fico Scores 680-699 & LTV 60.01-75% 0.750 * Fico Scores 660-679 & LTV 75.01-80% 2.500
* Fico Scores 660-679 & LTV <=60% 0.250 * Fico Scores 640-659 & LTV 75.01-80% 3.250
* Fico Scores 660-679 & LTV 60.01-75% 0.750 * Fico Scores 620-659 & LTV <=60% 2.000
* Fico Scores 660-679 & LTV 75.01-80% 1.500 * Fico Scores 620-659 & LTV 60.01-75% 2.250
* Fico Scores 640-659 & LTV 75.01-80% 2.500 * Fico Scores 620-639 & LTV 75.01-80% 3.750
* Fico Scores 640-659 & LTV <=60% 0.250 Max Rebate
* Fico Scores 640-659 & LTV 60.01-75% 1.250 Agency Fixed 104.000
Loan Amount:
* Loans $100k-$139,999 0.250 Credit Score:
* Loans $75k-$99,999 0.375 * Fico Scores >=740 % LTV >80% - 95% 0.250
* Loans $50k - $74,999 0.500 * Fico Scores >=740 % LTV >95% 0.750
* Loans $30k-$49,999 1.250 * Fico Scores 720 -739 & LTV >80% - 95% 0.500
Property Type: * Fico Scores 720 -739 & LTV >95% 1.000
* Condo >75% LTV (applicable only to terms >15 yrs) 0.750 * Fico Scores 700 -719 & LTV >80% - 95% 1.000
Subordinate Financing: * Fico Scores 700 -719 & LTV >95% 1.000
* LTV >75% & CLTV 76.01-95% 0.750 * Fico Scores 680 -699 & LTV >80% - 85% 1.500
* CLTV >95% 1.500 * Fico Scores 680 -699 & LTV >85% - 95% 1.250
Additional Adds for Cash-out loans * Fico Scores 680 -699 & LTV >95% 1.125
* Fico Scores >=740 & LTV 80.01-85% 0.625 * Fico Scores 660 -679 & LTV >80% - 85% 2.750
* Fico Scores 700-739 & LTV 80.01-85% 2.000 * Fico Scores 660 -679 & LTV >85% - 95% 2.250
* Fico Scores 680-699 & LTV 80.01-85% 3.000 * Fico Scores 640 -659 & LTV >80% - 85% 3.250
* Fico Scores 660-679 & LTV 80.01-85% 3.500 * Fico Scores 640 -659 & LTV >85% - 95% 2.750
* Fico Scores 620-659 & LTV 80.01-85% 4.000 * Fico Scores 620 -639 & LTV >80% - 95% 3.250
Miscellaneous: Max Rebate
* Escrow Waiver (CA Only) 0.150 Agency Premium Fixed 104.000
* Escrow Waiver (all other states) 0.250
* Down Payment Asst Prgrms 0.375
Credit Score (additional to all other adj):
* Fico Scores 680-739 0.125
* Fico Scores 620-679 0.250
Lender Paid Comp (Applicable to all programs):
* Plan C1 1.000 * Plan C9 3.000
* Plan C2 1.250 * Plan C10 3.250
* Plan C3 1.500 * Plan C11 3.500
* Plan C4 1.750 Additional Comp Paid By Lender (Applicable to all programs):
* Plan C5 2.000 * Plans C1 - C11 0.125
* Plan C6 2.250 * Plans C1 - C10 0.250
* Plan C7 2.500 * Plans C1 - C10 0.375
* Plan C8 2.750
Comp Plans fire based on the App date entered on the FT 1003. This should be the date submitted to PRMG or the Locked date which ever comes first.
Rate Sheet: 122-Whls
Compensation Level Price Adjustments
AGENCY
Agency Premium Price Adjustments
Applicable to Terms >15 Yrs
Base Pricing Assumes Borrower Paid Compensation
PRICE ADJUSTMENTS
Applicable to All Applicable to all except: Terms <=15 Yrs
Agency & Agency TX Home Equity Price Adjustments
Wednesday, February 27, 2013
Page 6
Wholesale Rates effective until 3:00 pm PDT (In an occurance of a Price Change, Notification will be sent)
Agency NO MI 30 Yr Agency NO MI 20 Yr Agency NO MI 15 Yr Rate 15 30 Rate 15 30 Rate 15 304.625% (4.375) (4.125) 4.375% (4.500) (4.250) 4.000% (3.625) (3.375) AGENCY NO MI4.500% (3.750) (3.500) 4.250% (4.125) (3.875) 3.875% (3.500) (3.250)4.375% (3.875) (3.625) 4.125% (3.500) (3.250) 3.750% (3.125) (2.875) * Maximum 95% LTV4.250% (3.500) (3.250) 4.000% (3.125) (2.875) 3.625% (2.750) (2.500)4.125% (2.875) (2.625) 3.875% (3.125) (2.875) 3.500% (2.250) (2.000) * 620 Minimum Credit Score4.000% (2.375) (2.125) 3.750% (2.625) (2.375) 3.375% (2.125) (1.875)3.875% (2.375) (2.125) 3.625% (2.000) (1.750) 3.250% (1.875) (1.625) * Purchase, Rate and Term 3.750% (1.875) (1.625) 3.500% (1.000) (0.750) 3.125% (1.625) (1.375) and Cash Out Refinances3.625% (1.250) (1.000) 3.375% 0.000 0.250 3.000% (1.000) (0.750)3.500% (0.375) (0.125) 3.250% 0.750 1.000 2.875% (1.250) (1.000)3.375% 0.375 0.625 3.125% 0.875 1.125 2.750% (0.625) (0.375)
Agency NO MI 5/1 L Start Rate 15 30 Start Rate 15 30 Start Rate 15 30
3.625% 1.125 1.375 3.750% 1.125 1.375 3.250% 0.375 0.6253.500% 1.125 1.375 3.625% 1.125 1.375 3.125% 0.625 0.8753.375% 1.250 1.500 3.500% 1.250 1.500 3.000% 0.875 1.125
3.250% 1.250 1.500 3.375% 0.125 0.3753.125% 1.000 1.250 3.250% 0.125 0.3753.000% (0.125) 0.125 3.125% 0.250 0.5002.875% 0.000 0.250 3.000% 0.375 0.6252.750% 0.125 0.375 2.875% 0.375 0.6252.625% 0.250 0.500 2.750% 0.500 0.7502.500% 0.375 0.625
Rate Sheet: 122-Whls
Base Pricing Assumes Borrower Paid Compensation
Wednesday, February 27, 2013
Agency No MI
AGENCY
Underwriting Highlights
Agency NO MI 7/1 L Agency NO MI 10/1 L
2.25 Margin, 5/2/5 Caps 2.25 Margin, 5/2/5 Caps 2.25 Margin, 5/2/5 Caps
Page 7
Wholesale Rates effective until 3:00 pm PDT (In an occurance of a Price Change, Notification will be sent)
Loan Amount: Applicable to Fixed Rate Terms:* Loans $100k-$139,999 0.250 * LTV 80.01-85% w/Fico Score >=740 0.250
* Loans $75k-$99,999 0.375 * LTV 80.01-85% w/Fico Score 720-739 0.625
* Loans $50k - $74,999 0.500 * LTV 80.01-85% w/Fico Score 700-719 1.375
* Loans $30k-$49,999 1.250 * LTV 80.01-85% w/Fico Score 680-699 1.875
Property Type: * LTV 80.01-85% w/Fico Score 660-679 3.250
* Condo >75% LTV (applicable only to terms >15 yrs) 0.750 * LTV 80.01-85% w/Fico Score 620-659 3.750
Credit Score (additional to all other adj): * LTV 85.01-90% w/Fico Score >=740 0.625
* Fico Scores 680-739 0.125 * LTV 85.01-90% w/Fico Score 720-739 1.250
* Fico Scores 620-679 0.250 * LTV 85.01-90% w/Fico Score 700-719 2.250
Occupancy: * LTV 85.01-90% w/Fico Score 680-699 2.500
* Second Home & Fico Score >=740 0.250 * LTV 85.01-90% w/Fico Score 660-679 3.875
* Second Home & Fico Score 720-739 0.500 * LTV 85.01-90% w/Fico Score 640-659 4.375
* Second Home & Fico Score 680-719 0.750 * LTV 85.01-90% w/Fico Score 620-639 4.875
* Second Home & Fico Score 620-679 1.250 * LTV 90.01-95% w/Fico Score >= 740 1.375
Subordinate Financing: * LTV 90.01-95% w/Fico Score 720-739 1.875
* CLTV 80.01-95% & Fico >=720 0.750 * LTV 90.01-95% w/Fico Score 700-719 3.250
* CLTV 80.01-95% & Fico<720 1.000 * LTV 90.01-95% w/Fico Score 680-699 3.500
Miscellaneous: * LTV 90.01-95% w/Fico Score 660-679 5.500
* Escrow Waiver (CA Only) 0.150 * LTV 90.01-95% w/Fico Score 640-659 6.500
* Escrow Waiver (all other states) 0.250 * LTV 90.01-95% w/Fico Score 620-639 7.000
* Rate & Term Refinance & Fico Score 680-719 0.500 Applicable to ARM Terms:* Rate & Term Refinance & Fico Score 620-679 1.000 * LTV 80.01-85% w/Fico Score >=740 0.250
* Down Payment Asst Prgrms 0.375 * LTV 80.01-85% w/Fico Score 720-739 0.875
* ARMs LTV 90.01-95% 0.250 * LTV 80.01-85% w/Fico Score 700-719 1.625
Applicable to Terms <= 25 Years: * LTV 80.01-85% w/Fico Score 680-699 2.125
* 25, 20, 15, 10 Year Terms -0.250 * LTV 80.01-85% w/Fico Score 660-679 3.500
Additional Adds for Cash-out loans * LTV 80.01-85% w/Fico Score 620-659 4.250
* Fico Scores >=740 & LTV 80.01-85% 0.625 * LTV 85.01-90% w/Fico Score >=740 1.000
* Fico Scores 720-739 & LTV 80.01-85% 2.750 * LTV 85.01-90% w/Fico Score 720-739 1.750
* Fico Scores 700-719 & LTV 80.01-85% 3.000 * LTV 85.01-90% w/Fico Score 700-719 2.750
* Fico Scores 680-699 & LTV 80.01-85% 4.000 * LTV 85.01-90% w/Fico Score 680-699 3.250
* Fico Scores 660-679 & LTV 80.01-85% 4.875 * LTV 85.01-90% w/Fico Score 660-679 4.500
* Fico Scores 620-659 & LTV 80.01-85% 5.375 * LTV 85.01-90% w/Fico Score 640-659 5.000
Max Rebate * LTV 85.01-90% w/Fico Score 620-639 5.500
Agency NO MI Fixed 104.000 * LTV 90.01-95% w/Fico Score >= 740 1.875
* LTV 90.01-95% w/Fico Score 720-739 2.625
* LTV 90.01-95% w/Fico Score 700-719 4.000
* LTV 90.01-95% w/Fico Score 680-699 4.500
* LTV 90.01-95% w/Fico Score 660-679 6.500
* LTV 90.01-95% w/Fico Score 640-659 7.500
* LTV 90.01-95% w/Fico Score 620-639 8.000
Lender Paid Comp (Applicable to all programs):
* Plan C1 1.000 * Plan C9 3.000
* Plan C2 1.250 * Plan C10 3.250
* Plan C3 1.500 * Plan C11 3.500
* Plan C4 1.750 Additional Comp Paid By Lender (Applicable to all programs):
* Plan C5 2.000 * Plans C1 - C11 0.125
* Plan C6 2.250 * Plans C1 - C10 0.250
* Plan C7 2.500 * Plans C1 - C10 0.375
* Plan C8 2.750
Comp Plans fire based on the App date entered on the FT 1003. This should be the date submitted to PRMG or the Locked date which ever comes first.
AGENCY
Base Pricing Assumes Borrower Paid Compensation
Wednesday, February 27, 2013
PRICE ADJUSTMENTSAgency NO MI Price Adjustments
Compensation Level Price Adjustments
Page 8
Wholesale Rates effective until 3:00 pm PDT (In an occurance of a Price Change, Notification will be sent)
Agency High Bal - 30 Yr Agency High Bal - 15 Yr Rate 15 30 Rate 15 30 Rate 15 30 Owner Occupied4.375% (3.875) (3.625) 4.125% (2.875) (2.625) 3.000% 0.000 0.250 * Purchase to 90% LTV4.250% (3.375) (3.125) 4.000% (2.625) (2.375) 2.875% 0.000 0.2504.125% (2.750) (2.500) 3.875% (2.500) (2.250) 2.750% (1.625) (1.375) * Rate and Term to 90% LTV4.000% (2.875) (2.625) 3.750% (2.250) (2.000) 2.625% (1.375) (1.125)3.875% (2.875) (2.625) 3.625% (2.000) (1.750) 2.500% (1.125) (0.875) * Cash-out to 60% LTV3.750% (2.375) (2.125) 3.500% (1.625) (1.375)3.625% (1.625) (1.375) 3.375% (2.750) (2.500) * SFR, 1-4 Units, Condo's 3.500% (0.750) (0.500) 3.250% (2.625) (2.375)3.375% 0.375 0.625 3.125% (2.500) (2.250)3.250% 1.375 1.625 3.000% (2.125) (1.875)3.125% 2.125 2.375 2.875% (1.500) (1.250) Non-Owner Occupied3.000% 3.000 3.250 2.750% (0.875) (0.625) * Purchase to 65% LTV2.875% 3.875 4.125
* R/T to 65% LTV
Agency High Bal - 7/1 ARM * SFR, 1-4 Units, Condo's Rate 15 30 Rate 15 30 Start Rate 15 30
4.375% (1.625) (1.375) 3.875% (1.125) (0.875) 3.500% 0.375 0.6254.250% (1.125) (0.875) 3.750% (1.000) (0.750) 3.375% 0.375 0.6254.125% (0.500) (0.250) 3.625% (0.750) (0.500) 3.250% 0.375 0.625 Agency No MI HB4.000% (0.625) (0.375) 3.500% (0.375) (0.125) 3.125% 0.375 0.6253.875% (0.625) (0.375) 3.375% (1.500) (1.250) 3.000% (1.500) (1.250) * Minimum $50k Loan amount3.750% (0.125) 0.125 3.250% (1.250) (1.000) 2.875% (1.250) (1.000)3.625% 0.625 0.875 3.125% (1.000) (0.750) 2.750% (0.875) (0.625) * Full Doc 3.500% 1.500 1.750 3.000% (0.375) (0.125) 2.625% (0.375) (0.125)3.375% 2.625 2.875 2.875% 0.375 0.625 2.500% 0.125 0.375 * DU Approvals Only 3.250% 3.625 3.875 2.750% 1.125 1.3753.125% 4.375 4.625 * 720 Minimum Fico 3.000% 5.250 5.5002.875% 6.125 6.375
Rate 15 30 Rate 15 30 Start Rate 15 30 Owner Occupied4.625% (2.375) (2.125) 3.625% (1.375) (1.125) 3.500% 0.375 0.625 * Purchase to 90% LTV4.500% (2.250) (2.000) 3.500% (1.250) (1.000) 3.375% 0.375 0.6254.375% (2.000) (1.750) 3.375% (1.000) (0.750) 3.250% 0.375 0.625 * Rate and Term to 90% LTV4.250% (1.500) (1.250) 3.250% (0.625) (0.375) 3.125% 0.125 0.3754.125% (2.625) (2.375) 3.125% (2.500) (2.250) * Cash-out to 60% LTV4.000% (2.625) (2.375) 3.000% (2.125) (1.875)3.875% (2.250) (2.000) 2.875% (1.500) (1.250) * SFR, 1-4 Units, PUD's, Condo's 3.750% (1.750) (1.500) 2.750% (0.875) (0.625)3.625% (1.125) (0.875)3.500% (0.250) 0.0003.375% 0.500 0.750 Non-Owner Occupied3.250% 1.375 1.625 * Purchase to 65% LTV
* R/T to 65% LTV
Rate Sheet: 122-Whls
FHLMC Super Conf - 15 Yr FHLMC Super Conf - 5/1 ARM Underwriting Highlights
2.25 Margin, 5/2/5 Caps
2.25 Margin, 5/2/5 Caps
2.25 Margin, 5/2/5 Caps
Base Pricing Assumes Borrower Paid Compensation
Wednesday, February 27, 2013
FNMA/FHLMCUnderwriting HighlightsAgency High Bal - 5/1 ARM
Agency No MI High Bal 30 Agency No MI High Bal 15
AGENCY HIGH BALANCE
Freddie Mac Super ConformingFHLMC Super Conf - 30 Yr
Page 9
Wholesale Rates effective until 3:00 pm PDT (In an occurance of a Price Change, Notification will be sent)
LTV:
* N/O/O up to 65% LTV 1.750 Credit Score:
Loan Purpose: * Fico Scores >=740 & LTV 75.01-90% 0.250
* Cash-out Refi 1.000 * Fico Scores 720-739 & LTV 75.01-90% 0.500
Property Type: * Fico Scores 720-739 & LTV 70.01-75% 0.250
* 2 Units 1.000 * Fico Scores >=700 & LTV <= 60% -0.250
* 3-4 Units 1.500 * Fico Scores 700-719 & LTV 70.01-75% 0.750
* Condo >75% LTV 0.750 * Fico Scores 700-719 & LTV 75.01-90% 1.000
Subordinate Financing: * Fico Scores 680-719 & LTV 60.01-70% 0.500
* LTV <=65% & CLTV 80.01-95% & Fico <720 0.500 * Fico Scores 680-699 & LTV 70.01-75% 1.250
* LTV <=65% & CLTV 80.01-95% & Fico > =720 0.250 * Fico Scores 680-699 & LTV 75.01-80% 1.750
* LTV 65.01-75% & CLTV 80.01-95% & Fico <720 0.750 * Fico Scores 680-699 & LTV 80.01-85% 1.500
* LTV 65.01-75% & CLTV 80.01-95% & Fico >=720 0.500 * Fico Scores 680-699 & LTV 85.01-90% 1.250
* LTV 75.01-80% & CLTV 76.01-95% & Fico <720 1.000 * Fico Scores 660-679 & LTV 60.01-70% 1.000
* LTV 75.01-80% & CLTV 76.01-95% & Fico >=720 0.750 * Fico Scores 660-679 & LTV 70.01-75% 2.125
Miscellaneous: * Fico Scores 660-679 & LTV 75.01-80% 2.625
* Escrow Waiver (CA Only) 0.150 * Fico Scores 660-679 & LTV 80.01-85% 2.750
* Escrow Waiver (all other states) 0.250 * Fico Scores 660-679 & LTV 85.01-90% 2.250
* Down Payment Asst Prgrms 0.375 * Fico Scores 620-659 & LTV <= 60% 0.500
* Fico Scores 640-659 & LTV 60.01-70% 1.250
* Fico Scores 640-659 & LTV 70.01-75% 2.625
Credit Score (additional to all other adj): * Fico Scores 640-659 & LTV 75.01-80% 3.000
* Fico Scores 680-739 0.125 * Fico Scores 640-659 & LTV 80.01-85% 3.250
* Fico Scores 660-679 0.250 * Fico Scores 640-659 & LTV 85.01-90% 2.750
Max Rebate * Fico Scores 620-639 & LTV 60.01-70% 1.500
Agency High Balance Fixed 104.000 * Fico Scores 620-639 & LTV 70.01-80% 3.000
* Fico Scores 620-639 & LTV 80.01-90% 3.250
Property Type: Applicable to All:
* Condo (applicable only to terms >15 yrs) 0.750 * LTV 80.01-85% w/Fico Score >=740 0.250
Miscellaneous: * LTV 80.01-85% w/Fico Score 720-739 1.125
* Escrow Waiver (CA Only) 0.150 * LTV 80.01-85% w/Fico Score 700-719 2.375
* Escrow Waiver (all other states) 0.250 * LTV 80.01-85% w/Fico Score 680-699 2.875
* Rate & Term Refinance & Fico Score 700-719 0.500 * LTV 80.01-85% w/Fico Score 660-679 5.000
* Down Payment Asst Prgrms 0.375 * LTV 80.01-85% w/Fico Score 640-659 5.500
* LTV 80.01-85% w/Fico Score 620-639 5.750
* LTV 85.01-90% w/Fico Score >=740 0.625
* LTV 85.01-90% w/Fico Score 720-739 1.750
* LTV 85.01-90% w/Fico Score 700-719 2.250
* LTV 85.01-90% w/Fico Score 680-699 3.500
* LTV 85.01-90% w/Fico Score 660-679 5.625
* LTV 85.01-90% w/Fico Score 640-659 6.125
* LTV 85.01-90% w/Fico Score 620-639 6.625
*15 Year Terms -0.250 Credit Score (additional to all other adj):
* Fico Scores 680-739 0.125
Agency NO MI High Balance Fixed 104.000 * Fico Scores 620-679 0.250
LTV:
* N/O/O up to 75% LTV 2.000 Credit Score:
Loan Purpose: * Fico Scores 720-739 & LTV >70-75% 0.250
* Cash-out Refi 1.000 * Fico Scores >=700 & LTV <= 60% -0.250
Property Type: * Fico Scores 700-719 & LTV >70-75% 0.750
* 2-4 Units 1.000 * Fico Scores 700-719 & LTV >75% 1.000
Subordinate Financing: * Fico Scores 680-719 & LTV >60%-70% 0.500
* LTV <=65% & CLTV 80.01-90% & Fico <720 0.500 * Fico Scores 680-699 & LTV >70-75% 1.250
* LTV <=65% & CLTV 80.01-90% & Fico > =720 0.250 * Fico Scores 660-679 & LTV >60-70% 1.000
* LTV 65.01-75% & CLTV 80.01-90% & Fico <720 0.750 * Fico Scores 660-679 & LTV >70-75% 2.250
* LTV 65.01-75% & CLTV 80.01-90% & Fico >=720 0.500
Miscellaneous: FHLMC Super Conforming Fixed 104.000
* Escrow Waiver (CA Only) 0.150
* Escrow Waiver (all other states) 0.250
* ARMs w/LTV <= 75% 0.750
Additional Adds for Cash-out loans* Fico Scores >=740 & LTV 60.01-75% 0.250
* Fico Scores 700-739 & LTV 60.01-75% 0.625
* Fico Scores 660-699 & LTV 60.01-75% 0.750
* Fico Scores 620-679 & LTV <=60% 0.250
* Fico Scores 620-659 & LTV 60.01-75% 1.250
Credit Score (additional to all other adj):* Fico Scores 680-739 0.125
* Fico Scores 620-679 0.250
Lender Paid Comp (Applicable to all programs):
* Plan C1 1.000 * Plan C9 3.000
* Plan C2 1.250 * Plan C10 3.250
* Plan C3 1.500 * Plan C11 3.500
* Plan C4 1.750 Additional Comp Paid By Lender (Applicable to all programs):
* Plan C5 2.000 * Plans C1 - C11 0.125
* Plan C6 2.250 * Plans C1 - C10 0.250
* Plan C7 2.500 * Plans C1 - C10 0.375
* Plan C8 2.750
Comp Plans fire based on the App date entered on the FT 1003. This should be the date submitted to PRMG or the Locked date which ever comes first.
Rate Sheet: 122-Whls
Applicable to Terms <= 25 Years:
FHLMC Super Conforming Price Adjustments
Applicable to Terms >15 Yrs
Max Rebate
Max Rebate
Base Pricing Assumes Borrower Paid Compensation
Wednesday, February 27, 2013
PRICE ADJUSTMENTS
Applicable to All Terms
Compensation Level Price Adjustments
AGENCY
Agency High Balance Price Adjustments
Applicable to Terms >15 Yrs
Agency NO MI High Balance Price Adjustments
Page 10
Wholesale Rates effective until 3:00 pm PDT (In an occurance of a Price Change, Notification will be sent)
30 Yr Fixed 15 Yr FixedRate 15 30 Rate 15 30 Rate 15 304.250% (4.375) (4.125) 3.875% (3.875) (3.625) 4.125% (1.750) (1.500) Homepath Conforming4.125% (3.750) (3.500) 3.750% (3.625) (3.375) 4.000% (1.750) (1.500) Owner Occupied4.000% (3.250) (3.000) 3.625% (3.250) (3.000) 3.875% (1.500) (1.250) * Purchase to 97% LTV3.875% (2.875) (2.625) 3.500% (2.750) (2.500) 3.750% (1.000) (0.750) * SFR, 1-4 Units, Condo's 3.750% (2.375) (2.125) 3.375% (2.500) (2.250) 3.625% (0.375) (0.125) * No Mortgage Insurance3.625% (1.750) (1.500) 3.250% (2.250) (2.000) 3.500% 0.500 0.750 * Max DTI 50%3.500% (0.875) (0.625) 3.125% (1.750) (1.500) 3.375% 1.375 1.625 * No Mortgage Insurance3.375% (0.125) 0.125 3.000% (1.125) (0.875) 3.250% 2.125 2.375 * 620 Minimum Fico 3.250% 0.750 1.000 2.875% (0.500) (0.250) 3.125% 3.000 3.250 Non-Owner Occupied3.125% 1.875 2.125 2.750% 0.125 0.375 3.000% 3.875 4.125 * Purchase to 85% LTV3.000% 2.750 3.000 2.875% 4.750 5.000 * SFR, 1-4 Units, Condo's 2.875% 3.625 3.875 2.750% 5.625 5.875 * 620 Minimum Fico 2.750% 4.500 4.750 * Purchase to 85% LTV
* Max DTI 50%
Homepath High Balance Rate 15 30 Rate 15 30 Rate 15 303.000% (1.375) (1.125) 3.375% (1.125) (0.875) 2.750% (0.875) (0.625) Owner Occupied2.875% (1.250) (1.000) 3.250% (1.000) (0.750) 2.625% (0.625) (0.375) * Purchase to 90% LTV2.750% (1.125) (0.875) 3.125% (1.000) (0.750) 2.500% (0.375) (0.125) * SFR, 1-4 Units, Condo's 2.625% (1.000) (0.750) 3.000% (0.875) (0.625) * No Mortgage Insurance2.500% (0.875) (0.625) 2.875% (0.750) (0.500) * Max DTI 50%
2.750% (0.625) (0.375) * 660 Minimum Fico
Non-Owner Occupied* Purchase to 65% LTV* SFR, 1-4 Units, Condo's * 740 Minimum Fico * Max DTI 50%
Rate 15 30 Rate 15 304.250% (4.875) (4.625) 3.625% (4.250) (4.000)
4.125% (4.375) (4.125) 3.500% (3.750) (3.500)4.000% (3.875) (3.625) 3.375% (3.625) (3.375) * Max LTV 125%3.875% (3.875) (3.625) 3.250% (3.375) (3.125) * Max CLTV 125%3.750% (3.375) (3.125) 3.125% (3.000) (2.750) * No Mortgage Insurance3.625% (2.625) (2.375) 3.000% (2.500) (2.250) * 660 Min Fico, Owner Occ3.500% (1.875) (1.625) 2.875% (1.750) (1.500)3.375% (1.000) (0.750) 2.750% (1.125) (0.875)
Rate 15 30 Rate 15 30
4.250% (4.875) (4.625) 3.625% (4.000) (3.750)
4.125% (4.250) (4.000) 3.500% (3.500) (3.250)4.000% (3.625) (3.375) 3.375% (3.375) (3.125)3.875% (3.625) (3.375) 3.250% (3.125) (2.875)3.750% (3.125) (2.875) 3.125% (2.750) (2.500)3.625% (2.375) (2.125) 3.000% (2.250) (2.000)3.500% (1.500) (1.250) 2.875% (1.500) (1.250)3.375% (0.375) (0.125) 2.750% (0.875) (0.625)
Rate 15 30 Rate 15 30
4.250% (4.250) (4.000) 4.000% (3.625) (3.375)
4.125% (3.625) (3.375) 3.875% (3.250) (3.000)4.000% (2.875) (2.625) 3.750% (2.875) (2.625)3.875% (2.625) (2.375) 3.625% (2.250) (2.000)3.750% (2.125) (1.875) 3.500% (1.625) (1.375)3.625% (1.500) (1.250) 3.375% (0.875) (0.625)3.500% (0.750) (0.500) 3.250% (0.125) 0.125
3.375% 0.125 0.375 3.125% 1.625 1.875
Rate Sheet: 122-Whls
20 Yr >105% LTV
2.25 Margin, 5/2/5 Caps
30 Yr >105% LTV
Underwriting Highlights
DU Refi Plus
7/1 Libor ARM
DU Refi Plus 2.030 Yr Fixed <=80% LTV 15 Yr Fixed <=80% LTV
30 Yr 80.01%-105% LTV 15 Yr 80.01%-105% LTV
Base Pricing Assumes Borrower Paid Compensation
Wednesday, February 27, 2013
High Balance - 5/1 ARM
2.25 Margin, 5/2/5 Caps
5/1 Libor ARM
AGENCY
HomepathUnderwriting HighlightsHigh Balance - 30 Yr
2.25 Margin, 5/2/5 Caps
Page 11
Wholesale Rates effective until 3:00 pm PDT (In an occurance of a Price Change, Notification will be sent)
Applicable to all except: Terms <=15 Yrs
Loan Amount: Credit Score:
* Loans $100k-$139,999 0.250 * Fico Scores >740 & LTV >75 0.250
* Loans $75k-$99,999 0.375 * Fico Scores 720-739 & LTV >70-75% 0.250
* Loans $50k - $74,999 0.500 * Fico Scores 720-739 & LTV >75 0.500
* Loans $30k-$49,999 1.250 * Fico Scores >=700 & LTV <= 60% -0.250
Property Type: * Fico Scores 700-719 & LTV >70-75% 0.750
* 2-4 Units 1.000 * Fico Scores 700-719 & LTV >75% 1.000
* Condo & LTV >75% (excluding 15 Yr term) 0.750 * Fico Scores 680-719 & LTV >60%-70% 0.500
LTV: * Fico Scores 680-699 & LTV >70-75% 1.250
*LTV >80%-85% 1.000 * Fico Scores 680-699 & LTV >75-80% 1.750
*LTV >85%-90% 1.750 * Fico Scores 680-699 & LTV >80-85% 1.500
*LTV >90%-95% 2.500 * Fico Scores 680-699 & LTV >85-95% 1.250
*LTV >95% 3.250 * Fico Scores 680-699 & LTV >95-97% 1.000
*LTV >95% (w/o Sub Fin, in addition to above) 0.500 * Fico Scores 660-679 & LTV >60-70% 1.000
*LTV >90%(ARMs Only) 0.250 * Fico Scores 660-679 & LTV >70-75% 2.000
Occupancy: * Fico Scores 660-679 & LTV >75-80% 2.500
* N/O/O up to 75% LTV 1.750 * Fico Scores 660-679 & LTV >80-85% 2.750
* N/O/O > 75% - 80% LTV 2.000 * Fico Scores 660-679 & LTV >85-95% 2.250
* N/O/O > 80% LTV 2.500 * Fico Scores 660-679 & LTV >95-97% 1.750
Subordinate Financing: * Fico Scores 640-659 & LTV <=60% 0.500
* LTV <=65% & CLTV 80.01-90% (Non IO) 0.500 * Fico Scores 640-659 & LTV >60-70% 1.250
* LTV 65.01-75% & CLTV 80.01-90% (Non IO) 0.750 * Fico Scores 640-659 & LTV >70-75% 2.500
* LTV 75.01-80% & CLTV 90.01-95% (Non IO) 1.000 * Fico Scores 640-659 & LTV >75-80% 3.000
Miscellaneous: * Fico Scores 620-639 & LTV <=60% 0.500
* Escrow Waiver (CA Only) 0.150 * Fico Scores 620-639 & LTV >60-70% 1.500
* Escrow Waiver (all other states) 0.250 * Fico Scores 620-639 & LTV >70-80% 3.000
Credit Score (additional to all other adj):
* Fico Scores 680-739 0.125 * All Homepath programs 104.000
* Fico Scores 620-679 0.250
Applicable to All:
Property Type: Credit Score:
* 2-4 Units 1.000 * Fico Scores >740 & LTV >75 0.250
* Condo & LTV >75% 0.750 * Fico Scores 720-739 & LTV >70-75% 0.250
LTV: * Fico Scores 720-739 & LTV >75-80% 0.500
*LTV >80%-85% 1.000 * Fico Scores >=700 & LTV <= 60% -0.250
*LTV >85%-90% 1.750 * Fico Scores 700-719 & LTV >70-75% 0.750
Occupancy: * Fico Scores 700-719 & LTV >75-90% 1.000
* N/O/O up to 75% LTV 1.750 * Fico Scores 680-719 & LTV >60%-70% 0.500
Subordinate Financing: * Fico Scores 680-699 & LTV >70-75% 1.250
* LTV >75%-90% & CLTV >75%-90% w/FICO <720 1.000 * Fico Scores 660-679 & LTV >60-70% 1.000
* LTV >75%-90% & CLTV >75%-90% w/FICO >=720 0.750 * Fico Scores 660-679 & LTV >70-75% 2.000
Miscellaneous:
* Escrow Waiver (CA Only) 0.150
* Escrow Waiver (all other states) 0.250
Credit Score (additional to all other adj):
* Fico Scores 680-739 0.125 * All Homepath programs 103.000
* Fico Scores 620-679 0.250
Applicable to all except: Terms <=15 Yrs
Loan Amount: Credit Score:
* Loans $100k-$139,999 0.250 * Fico Scores >=720 & LTV <= 60% -0.250
* Loans $75k-$99,999 0.375 * Fico Scores 700-719 & LTV <= 60% -0.250
* Loans $50k - $74,999 0.500 * Fico Scores 700-719 & LTV >60% 0.500
* Loans $30k-$49,999 1.250 * Fico Scores 680-699 & LTV >60-70% 0.500
Property Type: * Fico Scores 680-699 & LTV >70-95% 0.750
* Condo & LTV >75% 0.750 * Fico Scores 680-699 & LTV >95% 0.500
LTV: * Fico Scores 660-679 & LTV >60-70% 1.000
*LTV >95%-97% 0.500 * Fico Scores 660-679 & LTV >70-75% 1.500
*LTV >97% 1.000 * Fico Scores 660-679 & LTV >75-95% 1.750
*LTV >105% 2.000 * Fico Scores 660-679 & LTV >95% 1.250
Subordinate Financing: Miscellaneous:
* CLTV 75.01% - 90% & Fico <720 0.250 * Escrow Waiver (CA Only) 0.150
* CLTV 90.01% - 95% & Fico >=720 0.250 * Escrow Waiver (all other states) 0.250
* CLTV 90.01% - 95% & Fico <720 0.500 * State Adjust: 30 Yr term in MA only 0.250
* CLTV >95% 1.500 * State Adjust: 20, 15, 10 Yr terms in MA only 0.750
DU Refi Plus Fixed & DU Refi High Balance Fixed 104.000
Lender Paid Comp (Applicable to all programs):
* Plan C1 1.000 * Plan C9 3.000
* Plan C2 1.250 * Plan C10 3.250
* Plan C3 1.500 * Plan C11 3.500
* Plan C4 1.750 Additional Comp Paid By Lender (Applicable to all programs):
* Plan C5 2.000 * Plans C1 - C11 0.125
* Plan C6 2.250 * Plans C1 - C10 0.250
* Plan C7 2.500 * Plans C1 - C10 0.375
* Plan C8 2.750
Comp Plans fire based on the App date entered on the FT 1003. This should be the date submitted to PRMG or the Locked date which ever comes first.
Rate Sheet: 122-Whls
PRICE ADJUSTMENTSHomepath/Homepath EA I Price Adjustments
Wednesday, February 27, 2013
Maximum Rebate/Buy
DU Refi Plus 2.0/DU Refi Plus HB 2.0 Price Adjustments
Base Pricing Assumes Borrower Paid Compensation
AGENCY
Applicable to All:
Applicable to All
Homepath High Balance Price Adjustments
Applicable to All
Compensation Level Price Adjustments
Maximum Rebate/Buy
Maximum Rebate/Buy
Page 12
Wholesale Rates effective until 3:00 pm PDT (In an occurance of a Price Change, Notification will be sent)
GM 30 Yr Fixed GM 15/10 Yr Fixed GM 3/1 & 3/6 ARM
Rate 15 30 Rate 15 30 Start Rate 15 30 * 1-2 Unit, Purch/R&T to 65% LTV
4.125% (0.500) (0.250) 3.750% (0.875) (0.625) 3.000% (0.375) (0.125)4.000% (0.125) 0.125 3.625% (0.750) (0.500) 2.990% (0.375) (0.125) * Condos and Attached Puds to 65%LTV
3.990% (0.125) 0.125 3.500% (0.500) (0.250) 2.875% (0.250) 0.0003.875% 0.250 0.500 3.375% (0.250) 0.000 2.750% (0.125) 0.125 * 3-4 Unit, Purch/R&T to 55% LTV
3.750% 0.750 1.000 3.250% 0.125 0.375 2.625% 0.000 0.2503.625% 1.250 1.500 3.125% 0.625 0.875 2.500% 0.250 0.500 * Minimum Ln Amt $417,0013.500% 1.875 2.125 3.000% 1.000 1.250 2.375% 0.500 0.750 * SFR, 1-4 Units, Condo's 3.375% 2.500 2.750 2.990% 1.125 1.375 2.250% 0.750 1.000 * Maximum Ln Amt $2mil3.250% 3.125 3.375 2.875% 1.500 1.750 2.125% 1.125 1.3753.125% 3.875 4.125 2.750% 2.000 2.250 2.000% 1.375 1.625 * Cash-out to 65% LTV3.000% 4.625 4.875 2.625% 2.500 2.750 1.990% 1.375 1.6252.990% 4.625 4.875 2.500% 2.875 3.125 * 1-4 Units,Low & High-Rise 2.875% 5.375 5.625 2.375% 3.500 3.750 Condos, PUDs
2.250% 4.000 4.250
GM 7/1 & 7/6 ARM GM 10/1 & 10/6 ARM * Owner Occ & Second HomesStart Rate 15 30 Start Rate 15 30 Start Rate 15 30
3.125% (0.875) (0.625) 3.250% (0.875) (0.625) 4.125% (1.500) (1.250) * 700 Minimum Fico Required3.000% (0.750) (0.500) 3.125% (0.500) (0.250) 4.000% (1.375) (1.125)2.990% (0.750) (0.500) 3.000% 0.000 0.250 3.990% (1.375) (1.125) * 45% Maximum DTI2.875% (0.500) (0.250) 2.990% 0.000 0.250 3.875% (1.250) (1.000)2.750% (0.125) 0.125 2.875% 0.375 0.625 3.750% (1.125) (0.875) * Full Doc2.625% 0.250 0.500 2.750% 0.750 1.000 3.625% (0.750) (0.500)2.500% 0.625 0.875 2.625% 1.125 1.375 3.500% (0.375) (0.125) * 1st Time Homebuyer allowed2.375% 1.000 1.250 2.500% 1.625 1.875 3.375% 0.000 0.2502.250% 1.375 1.625 2.375% 2.000 2.250 3.250% 0.375 0.625 * No Minimum Tradeline Reqmts.
2.125% 1.750 2.000 2.250% 2.500 2.750 3.125% 0.875 1.1252.125% 2.875 3.125 3.000% 1.250 1.500 * Non Arms Length Trans. Ok2.000% 3.375 3.625 2.990% 1.375 1.625
2.875% 1.750 2.000
SM 30/20 Yr Fixed SM 15 Yr Fixed
Rate 15 30 Rate 15 30 * 1 Unit, Purch/R&T to 80% LTV
4.625% (0.875) (0.625) 4.000% (1.750) (1.500)4.500% (0.500) (0.250) 3.875% (1.250) (1.000) * Condos to 80%LTV4.375% (0.125) 0.125 3.750% (0.875) (0.625)4.250% 0.250 0.500 3.625% (0.375) (0.125) * Minimum Ln Amt $30k4.125% 0.625 0.875 3.500% 0.000 0.2504.000% 1.000 1.250 3.375% 0.500 0.750 * Maximum Ln Amt $2mil3.875% 1.375 1.625 3.250% 0.875 1.1253.750% 2.000 2.250 3.125% 1.375 1.625 * SFR, Condo's, PUDs
3.000% 1.750 2.0002.875% 2.250 2.500 * Owner Occupied Only2.750% 2.625 2.875
* 720 Minimum Fico Required
* 40% Maximum DTI
SM 5/1 ARM * Full Doc
Start Rate 15 30 Start Rate 15 30 Start Rate 15 30
#VALUE! #VALUE! #VALUE! 3.875% (1.750) (1.500) 4.125% (1.875) (1.625) * 1st Time Homebuyer allowed
4.125% (3.000) (2.750) 3.750% (1.375) (1.125) 4.000% (1.500) (1.250)
4.000% (2.625) (2.375) 3.625% (1.000) (0.750) 3.875% (1.125) (0.875) * No Minimum Tradeline Reqmts.
3.875% (2.375) (2.125) 3.500% (0.625) (0.375) 3.750% (0.750) (0.500)
3.750% (2.000) (1.750) 3.375% (0.250) 0.000 3.625% (0.375) (0.125) * Gift Funds allowed
3.625% (1.750) (1.500) 3.250% 0.125 0.375 3.500% 0.000 0.250
3.500% (1.375) (1.125) 3.125% 0.500 0.750 3.375% 0.375 0.625
3.375% (1.125) (0.875) 3.000% 0.875 1.125 3.250% 0.750 1.000
3.250% (0.750) (0.500) 2.875% 1.250 1.500 3.125% 1.125 1.375
3.125% (0.500) (0.250) 2.750% 1.625 1.875 3.000% 1.500 1.750
3.000% (0.125) 0.125 2.625% 2.000 2.250 2.875% 1.875 2.125
2.875% 0.125 0.375 2.500% 2.375 2.625 2.750% 2.250 2.500
2.750% 0.500 0.750 2.375% 2.750 3.000 2.625% 2.625 2.875
Platinum 30 Yr Fixed Platinum 15 Yr Fixed Platinum 5/1 ARMRate 15 30 Rate 15 30 Start Rate 15 30 * Purch/R&T to 80% LTV
4.625% (3.375) (3.125) 3.750% (3.125) (2.875) 3.625% (2.500) (2.250)
4.500% (3.125) (2.875) 3.625% (3.000) (2.750) 3.500% (2.375) (2.125) * Cashout Refi to 75%LTV
4.375% (2.875) (2.625) 3.500% (2.750) (2.500) 3.375% (2.125) (1.875)
4.250% (2.500) (2.250) 3.375% (2.375) (2.125) 3.250% (2.000) (1.750) * Minimum Ln Amt $417,001
4.125% (2.250) (2.000) 3.250% (2.000) (1.750) 3.125% (1.750) (1.500)
4.000% (1.875) (1.625) 3.125% (1.625) (1.375) 3.000% (1.375) (1.125) * Maximum Ln Amt $2mil
3.875% (1.375) (1.125) 3.000% (1.250) (1.000) 2.875% (1.125) (0.875)
3.750% (0.875) (0.625) 2.875% (0.875) (0.625) 2.750% (0.750) (0.500) * SFR, Condo, PUD, 2-4 units
3.625% (0.375) (0.125) 2.750% (0.375) (0.125) 2.625% (0.500) (0.250)
3.500% 0.250 0.500 2.625% 0.125 0.375 2.500% (0.125) 0.125 * Owner Occupied and SH
* 700 Minimum Fico Required
* Full Doc
Platinum 5/1 IO ARMStart Rate 15 30 Start Rate 15 30 Start Rate 15 30
3.625% (1.500) (1.250) 4.125% (2.500) (2.250) 4.125% (1.500) (1.250)
3.500% (1.375) (1.125) 4.000% (2.375) (2.125) 4.000% (1.375) (1.125)
3.375% (1.125) (0.875) 3.875% (2.250) (2.000) 3.875% (1.250) (1.000)
3.250% (1.000) (0.750) 3.750% (2.000) (1.750) 3.750% (1.000) (0.750)
3.125% (0.750) (0.500) 3.625% (1.750) (1.500) 3.625% (0.750) (0.500)
3.000% (0.375) (0.125) 3.500% (1.375) (1.125) 3.500% (0.375) (0.125)
2.875% (0.125) 0.125 3.375% (1.125) (0.875) 3.375% (0.125) 0.125
2.750% 0.250 0.500 3.250% (0.750) (0.500) 3.250% 0.250 0.500
2.625% 0.500 0.750 3.125% (0.375) (0.125) 3.125% 0.625 0.875
2.500% 0.875 1.125 3.000% 0.125 0.375 3.000% 1.125 1.375
Rate Sheet: 122-Whls
2.25 Margin, 2/2/5 Caps 2.25 Margin, 2/2/5 Caps
2.25 Margin, 2/2/6 Caps
2.25 Margin, 5/2/5 Caps 2.25 Margin, 5/2/5 Caps
OLYMPIC JUMBO/SILVER MEDALUnderwriting Highlights
SM 7/1 ARM SM 10/1 ARM
2.25 Margin, 5/2/5 Caps
OLYMPIC JUMBO/GOLD MEDALUnderwriting Highlights
Wednesday, February 27, 2013
Base Pricing Assumes Borrower Paid Compensation
GM 5/1 & 5/6 ARM
GENERIC JUMBO / CONVENTIONAL NON-CONFORMING
2.25 Margin, 2/2/5 Caps
PLATINUM JUMBOUnderwriting Highlights
2.25 Margin, 5/2/5 Caps
Platinum 10/1 ARM Platinum 10/1 IO ARM
2.25 Margin, 5/2/5 Caps 2.25 Margin, 5/2/5 Caps 2.25 Margin, 5/2/5 Caps
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Wholesale Rates effective until 3:00 pm PDT (In an occurance of a Price Change, Notification will be sent)
Loan Amount: Loan Amount:
* Loans <=$1.0mil & LTV <=60% & FICO <720 -0.250 * Loans <=$1.0mil & LTV <=60% & FICO <720 -0.250
* Loans <=$1.0mil & LTV <=60% & FICO >=720 -0.625 * Loans <=$1.0mil & LTV <=60% & FICO >=720 -0.750
* Loans <=$1.0mil & LTV >60%-65% & FICO <720 -0.125 * Loans <=$1.0mil, LTV >60%-65%, FICO <720 -0.125
* Loans <=$1.0mil & LTV >60%-65% & FICO >=720-750 -0.500 * Loans <=$1.0mil, LTV >60%-65%, FICO >=720 -0.750
* Loans <=$1.0mil & LTV >60%-65% & FICO >750 -0.625 * Loans >$1mil-$1.5mil & LTV<=65% -0.750
* Loans >$1.0mil-<=1.5mil & FICO >= 750 -0.625 * Loans>$1m-$1.5m,LTV>60%-65%,FICO>=720-750 -0.625
* Loans >$1.0mil<=1.5mil & LTV<=60% & FICO 720-750 -0.375 * Loans >$1.5mil-$2mil & LTV <=60%, FICO >750 -0.500
* Loans >$1.0mil<=1.5mil & LTV>60%-65% & FICO 720-750 -0.250 * Loans >$1.5mil-$2mil, LTV >60%-65%, FICO >750 -0.375
* Loans >$1.5m-$2m, LTV >60%-65%, FICO 720-750 0.125 * Loans >$1.5m-$2m,LTV <=60%,FICO >=720-750 -0.375
* Loans >$1.5mil-$2mil & LTV <=60%, FICO >750 -0.250 * Loans >$1.5m-$2m,LTV>60%-65%,FICO>=720-750 -0.250
Loan Purpose: Occupancy:
* Cash-out Refi 0.250 * Second Home 0.500
Occupancy: Loan Purpose:
* Second Home 0.500 * Cash-out Refi & LTV <=60% 0.250
Property Type: * Cash-out Refi & LTV >60% 0.375
* 3-4 Units 1.000 Property Type:
*Detached/Site Condo 0.250 * 2 Units 0.250
Miscellaneous: * 3-4 Units 1.000
* Escrow Waiver 0.250 *Detached/Site Condo 0.250
* Purchase Bonus -0.250 Miscellaneous:
* Escrow Waiver 0.125
* Purchase Bonus -0.250
* Gold Medal Fixed w/Ln Amt <=$1mil (0.875) * Gold Medal ARM's w/Ln Amt <=$1mil (0.875)
* Gold Medal Fixed w/Ln Amt >$1mil-$1.5mil (0.750) * Gold Medal ARM's w/Ln Amt >$1mil-$1.5mil (0.750)
* Gold Medal FIxed w/Ln Amt >$1.5mil-$2mil (0.500) * Gold Medal ARM's w/Ln Amt >$1.5mil-$2mil (0.500)
Credit Score: Loan Amount:
* FICO 740-779 & LTV 70.01-80% 0.375 * Loan Amount $140k-$417k 1.000
* FICO 720-739 & LTV 60.01-70% 0.375 * Loans $100k-$139,999 0.750
* FICO 720-739 & LTV 70.01-80% 0.750 * Loans $75k-$99,999 0.875
* Loans $50k - $74,999 1.000* Loans $30k-$49,999 1.750
Applicable to all except: Terms <=15 Yrs
Balance Change/Tolerance: Credit Score:
* Loan amount change $45,001-$75,000 0.125 * Fico Scores >=740 & LTV/CLTV <=60% (0.250)
* Loan amount change $75,000-$150,000 0.250 * Fico Scores >=740 & LTV/CLTV 60.01% - 65% (0.125)
Property Type: * Fico Scores 700-739 & LTV/CLTV <=60% (0.125)
* 2 -4 Units & LTV/CLTV >70% 0.500 * Fico Scores >=780 & LTV/CLTV 77.51-80% 0.375
Occupancy: * Fico Scores 740-779 & LTV/CLTV 75.01-77.50% 0.250
* Second Home & LTV/CLTV <=60% 0.250 * Fico Scores 740-779 & LTV/CLTV 77.51-80% 0.500
* Second Home & LTV/CLTV 60.01-65% 0.375 * Fico Scores 720-739 & LTV/CLTV 75.01-77.50% 0.625
* Second Home & LTV/CLTV 65.01-75% 0.500 * Fico Scores 720-739 & LTV/CLTV 77.51-80% 1.250
Loan Purpose: * Fico Scores 700-719 & LTV/CLTV 75.01-77.50% 0.875
* Cash Out & LTV/CLTV 70.01-72.50% 0.875 * Fico Scores 700-719 & LTV/CLTV 77.51-80% 1.500
* Cash Out & LTV/CLTV 72.51-75% 1.000
Miscellaneous:
* DTI >40% & LTV/CLTV 72.51-77.50% 0.125
* DTI >40% & LTV/CLTV 77.51-80% 0.250
* Escrow Waiver 0.250 (Price cap is after all LLPAs but before Lender Paid Comp)
* State Adjust (FL/NV/AZ) 0.250 * Platinum Fixed Rate (1.000)
* Platinum 10/1 ARM (0.750)
* Platinum 5/1 or 7/1 ARM (0.750)
Lender Paid Comp (Applicable to all programs):
* Plan C1 1.000 * Plan C9 3.000
* Plan C2 1.250 * Plan C10 3.250
* Plan C3 1.500 * Plan C11 3.500
* Plan C4 1.750 Additional Comp Paid By Lender (Applicable to all programs):
* Plan C5 2.000 * Plans C1 - C11 0.125
* Plan C6 2.250 * Plans C1 - C10 0.250
* Plan C7 2.500 * Plans C1 - C10 0.375
* Plan C8 2.750
Comp Plans fire based on the App date entered on the FT 1003. This should be the date submitted to PRMG or the Locked date which ever comes first.
Rate Sheet: 122-Whls
Applicable to All:
Applicable to All:
Platinum Jumbo Adjustments
Maximum Rebate/Buy Maximum Rebate/Buy
Silver Medal Price Adjustments
Maximum Rebate/Buy
Compensation Level Price Adjustments
PORTFOLIO
Base Pricing Assumes Borrower Paid Compensation
PRICE ADJUSTMENTS
Applicable to Fixed Rate Loans Applicable to ARM Loans
Gold Medal Price Adjustments
Wednesday, February 27, 2013
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