FHA/VA/USDA
Purpose: P = Purchase R = Rate and Term Refi C = Cash-Out Refi
Fixed, ARM, Hybrid: F = Fixed Interest Rate A = Adjustable Rate Mortage (ARM) H = Hybrid
Credit Events: BK 7 = Chapter 7 Bankruptcy BK 11 = Chapter 11 Bankruptcy FC = Foreclosure
Occupancy: O = Owner-Occupied V = Vacation Home N = Non-Owner-Occupied
Seasoning
Fixed, ARM, Hybrid
# Units
Max Loan Amount
Max LTV
Min FICO
DTI Ratio %
ARM Terms
Program Comments
BK 7 BK 11
FC
Program Name
Occ
Purp
(617) 899-1428 www.flcbmtg.com alefebvre@flcb.com
FLCBank Florida Capital Bank N.A. Lending Territory: Nationwide except AK HI
HomeReady/Home Possible
O
PR
1
726.2K 97
640
F
LPMI Available
FHA Purchase
O
P
1-4
970.8K 96.5 620
24
36
FA
5/1
$ by county, DTI per AUS
VA
O
P
1-4
726.2K 90 620
24
24
FA
5/1
DTI per AUS
Rural Housing
O
PR
1
100
36
36
F
No specific loan limit
AUS Approved Eligible.
(800) 760-1833 www.loanstreamwholesale.com wholesalemarketing@lsmortgage.com
LoanStream Lending Territory: Nationwide except KS MS NE NY VT
FHA Rate/Term Refinance
O
R
1-4
331.8K 97.5 600 55 24
36
FA
County loan limits apply
FHA Cash-Out Refinance
O
R
1-4
331.8K 80 640 55 24
36
FA
County loan limits apply
FHA Purchase
O
P
1-4
331.8K 96.5 600 55 24
36
FA
County loan limits apply
VA Purchase
O
P
1-4
1M 100 620 60 24
24
FA
County loan limits apply
600 Min FICO and great rates. Knowledgeable Account Executives and fast ops are ready to serve you.
(951) 278-0000 www.prmg.net brokerservices@prmg.net
PRMG - Paramount Residential Mortgage Group Lending Territory: Nationwide
FHA
O
PR
1-4
1.3M 98 580
24
36
FA
5/1
620 3-4 Unit
VA
O
P
1-4
1M 100 580
24
24
FA
3/1, 5/1
620 3-4 Unit
USDA
O
PR
1
1M 100 620
36
F
FHA Streamline
ON
P
1-4
2M
580
FA
5/1
620 High Balance; 620 2-4 Unit
PRMG is a leading national lender. We deliver jumbo, FHA, VA and conventional products with a high focus on purchase, pricing and service.
Machine learning models training on millions of data points, sample documents and workflows can flag anomalies, assess borrower risk and even predict which loans are more likely to close. This helps lenders and brokers work more efficiently and close loans faster. Given the scale of the mortgage market, there is significant data to be gathered in all parts of the process. Analyzing this data can better train models and generate insights to further improve efficiency. With a stronger foundation optimized by smart workflows, collabora- tion and transparency will become the industry’s new currency. Instead of exchanging static files and emails with partial or incorrect information, brokers, platforms and stakeholders will be able to share data in real time through secure APIs. File audits will be completed once and appended with a digital certificate that can follow the loan throughout its lifetime, eliminating the need for redundant checking activities. Individual loan aggregators, investors and servicers will be able to save countless hours of worktime, allowing individuals and teams to spend more time on higher-value activities or better customer service. By investing in smart platforms, mortgage originators can save thousands of dollars in origination costs per loan. Across the entire U.S. mortgage market, this translates to billions in potential savings.
These cost savings will in turn enable originators to scale up their lend- ing efforts and pass along savings to consumers. Mortgage wholesalers, aggregators, diligence firms and investors can also save thousands of dollars per loan by avoiding the time and resources spent on duplicate audit review, and loan servicers can in turn save hundreds of dollars per loan by automating their workflows. ● ● ● The mortgage industry is overdue for a foundational reinvention, but the good news is that the technology to make that possible is available right now. The convergence of cloud-based, AI-driven and collaborative platforms offers a path forward that is faster, more secure and more cost-effective. This will ultimately expand U.S. homeownership by making mortgages more accessible and affordable. Some of the biggest mortgage players are already making moves, and those who embrace technology today will define the standards of efficiency, accuracy and trust that others must follow tomorrow. The mortgage process of the future won’t be measured by paperwork or processing days. It will be defined by data, intelligence and collaboration. The revolution is already underway. ●
21
Scotsman Guide | February 2026
Made with FlippingBook interactive PDF creator