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Borrower-Paid Rate Sheet - For Lender-Paid rates
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Page 1 of 6
02/23/15
03/09/15
03/23/15
04/07/15
Ask your AE about our Reverse Mortgage
or contact Mark Reeve at 800-957-7644
Lock Desk Closes at 4pm Pacific time.
x2500
2/6/2015 6:57 AM
NOTE: EXTENSION REQUESTS MUST BE RVC'D BY 3PM PST
General Info
UTAH Wholesale
MORTGAGEE CLAUSE:
Admin fee: $870
Attorney fee TX, SC, VA
$200
Plaza Home Mortgage, Inc.
www.plazahomemortgage.com
Govie Streamline Fee: $595
It's Successors and/or Assigns
4820 Eastgate Mall, Suite 100
FHA ID# 1710100054
Phone: 866-338-5035
San Diego, CA, 92121
VA ID#: 9065310401
Admin-Buyout-Calculator
Fax: 602-279-2790
Branch Contacts
Lock Desk 800-277-3395
[email protected]
Dawn Meshel
Regional Manager
x1501
February Price Specials!
.25 on all loans >= $150,000
.375 on all loans >= $200,000 and FICO >=680
*.500 on all loans >=$400,000 and FICO >=720 & LTV <=75
Specials for Conventional and Government Loans only
Purchase Loans .250
**Maximum price special is .50**
**Loan Amount specials cannot be used cumulatively**
**Not eligible for jumbo loan products**
Longer Lock adjustments
(apply all to 15 day pricing)
45 day price
add .35 cost
60 day price
add .55 cost
Loan Submission
Sherry Obenstine
Dani Branigan
Sharma Wintering
Tracy Yuskus
Susan Underwood
Underwriter
Underwriter
Underwriter
Underwriter
Underwriter
x1512
x1503
x1528
x1520
x1524
[email protected]
Jen Tobler
Arcy Cruz
Melanie Danniel
Linda Verolini
Closing/Funding
Closing/Funding
Docs
CSR
x1516
x1504
x1505
x1522
[email protected]
Angie Floriano
Mandi Payne
Loan Registration
Loan Registration
x1510
x1526
[email protected]
Minimum documentation for Loan Submission
Initial 1003
Initial GFE (and any subsequent GFE's w/ c.o.c. letters)
Initial Fees Worksheet
Credit report issued in Pulse
LO name & Company name on 1003 must match NMLS exactly
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
Lock Policies
15 day Locks require prior approval
All prelocks require electronic submission within 5 business days and the full
file must be delivered within 10 calendar days or lock will be canceled.
NOTE: YSP MUST BE USED FOR BONA FIDE CLOSING COSTS
Locks that expire on weekend or holiday carry forward to next business day.
Extension fees (for unexpired locks)
Relock Fees
(for expired locks)
**NOTE: loans locked for 15 days initially cost an additional .125 when relocked.
# of days
1
1st ext
2nd ext
Early Bird Extension Bonus
0.100
0.100
0.050
5
0.175
0.175
0.125
10
0.300
0.300
0.250
15
0.550
0.550
0.375
Must be called in 3
business days prior to
expiration.
# of days
15
Worst case + .125 relock fee**
30
Worst case + .25 relock fee**
45
Worst case + .375 relock fee**
60
Worst case + .50 relock fee**
APOR Rates for the week of 2/2/15
Fixed
10yr
15yr
20yr
25yr
30yr
5yr
7yr
10yr
New locks only starting on 9-2
Only available if requested within the original lock term
Must be requested at the lock desk within 7 calendar days of orignal
lock expiration
 Subsequent extensions will be subject to regular extension fees
 Relocks and Jumbos are not eligible
 Eligible for purchase and refinance transactions
 This enhancement will replace the free 2 day extension on
purchase transactions
2.92%
3.05%
3.20%
Table of Contents
Page
2
3
4
5
6
Lock-in Information
Agency Conforming, Fixed rate
Agency Arms
DURP & LP relief
Jumbo Fixed & Arm
Government Loans
On line pricing engine (PULSE)
Email for extension requests:
Phone # for relocks/renegotiation:
[email protected]
800-277-3395
Indices
Prime
1 Mo Libor
3 Mo Libor
6 Mo Libor
12 Mo Libor
12 Mo Treasury
click here to sign up for email rates & bulletins
click here to be directed to our program guidelines
click here to be directed to NMLS website
Conforming Maximum Loan Amounts
3.250
0.171
0.256
0.362
0.629
0.2434
Government Loan Limits
(select counties only)
417,000
Arizona
2 Unit
533,850
Maricopa & Pinal
Coconino
3 Unit
645,300
Cochise & Santa Cruz
Apache
Pima
4 Unit
http://www.plazahomemortgage.com/BrokersOnly/
Note: Extensions, Relocks & Renegotiation requests: Deadline is 3PM phoenix time
Popular Links
1 Unit
Click here for detailed lock policies
5-day free lock extension
ARM
3.42%
3.05%
3.05%
3.71%
3.71%
NOTE: expired > 60 days, price
from current market, no penalty
Utah
$271,050
$362,250
$271,050
$271,050
$271,050
Salt Lake
Utah
Weber
Davis
Washington
$300,150
$271,050
$389,850
$389,850
$278,300
801,950
This information is for the use of approved mortgage lenders only and is not intended for distribution to consumers. This is not an advertisement to extend customer credit as defined by part 226.2 of Regulation Z. Interest rate, program terms and conditions are subject to change without notice. Not all products are
available in all states and for all loan amounts. Other restrictions and limitations may apply. Granting of loan is subject to the credit and policy requirements of Plaza Home Mortgage, Inc. ISAOA, 4820 Eastgate Mall, Suite 100 San Diego, CA 92121
PLAZA HOME MORTGAGE, INC.
Utah Wholesale
Phone: 866-338-5035
Page 2 of 6
On borrower-paid transactions Plaza's maximum
broker compensation is the lesser of 4.5% or $20,000
on all products.
2/6/2015 6:57 AM
NEW:
Great Resources
On-Line
►
►
►
►
Plaza no longer has a hit for condos >75 LTV
on terms of 15 years and less!
Lock
Submit
Manage Pipeline
View Guidelines
www.PlazaHomeMortgage.com
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03/09/15
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04/07/15
1-Day Extension
5-Day Extension
10-Day Extension
15-Day Extension
0.100
0.175
0.300
0.550
Contact lock desk for longer lock terms
Lock Desk (800) 277-3395
CONFORMING FIXED RATES
30 Year Fixed
20 Year Fixed
15 Year Fixed
CF300
CF200
CF150
Rate
15 Day
30 Day
Rate
15 Day
30 Day
Rate
15 Day
30 Day
4.375
4.375
4.125
(4.909)
(4.734)
(4.656)
(4.481)
(4.703)
(4.528)
4.250
4.250
4.000
(4.405)
(4.230)
(4.248)
(4.073)
(4.624)
(4.449)
4.125
4.125
3.875
(3.669)
(3.494)
(3.608)
(3.433)
(4.416)
(4.241)
4.000
4.000
3.750
(3.094)
(2.919)
(3.186)
(3.011)
(4.240)
(4.065)
3.875
3.875
3.625
(2.616)
(2.441)
(2.721)
(2.546)
(4.034)
(3.859)
3.750
3.750
3.500
(1.915)
(1.740)
(2.248)
(2.073)
(3.668)
(3.493)
3.625
3.625
3.375
(1.160)
(0.985)
(1.587)
(1.412)
(3.122)
(2.947)
3.500
3.500
3.250
(0.067)
0.108
(0.768)
(0.593)
(2.643)
(2.468)
3.375
3.375
3.125
0.779
0.954
0.069
0.244
(2.207)
(2.032)
30 Yr Fixed Retained
30 Year Fixed
20 Year Fixed
15 Year Fixed
RCF30
RCF300HB
RCF20
RCF15
Rate
15 Day
Rate
15 Day
Rate
15 Day
Rate
15 Day
30 Day
4.375
4.750
4.500
4.125
(4.492)
(3.303)
(4.720)
(4.578)
(4.403)
4.250
4.625
4.375
4.000
(4.085)
(3.024)
(4.309)
(4.499)
(4.324)
4.125
4.500
4.250
3.875
(3.544)
(2.796)
(3.902)
(4.291)
(4.116)
4.000
4.375
4.125
3.750
(2.969)
(2.534)
(3.472)
(4.115)
(3.940)
3.875
4.250
4.000
3.625
(2.366)
(2.276)
(3.061)
(3.909)
(3.734)
3.750
4.125
3.875
3.500
(1.781)
(1.860)
(2.596)
(3.543)
(3.368)
Rate
4.000
3.875
3.750
3.625
3.500
3.375
3.250
3.125
3.000
10 Year Fixed
CF100
15 Day
30 Day
(4.267)
(4.092)
(4.060)
(3.885)
(3.884)
(3.709)
(3.678)
(3.503)
(3.381)
(3.206)
(2.922)
(2.747)
(2.470)
(2.295)
(2.001)
(1.826)
(1.498)
(1.323)
30 Year Fixed High Balance
CF300HB
Rate
15 Day
4.625
(3.904)
4.500
(3.527)
4.375
(3.409)
4.250
(2.905)
4.125
(2.169)
4.000
(1.594)
3.875
(1.116)
3.750
(0.415)
3.625
0.340
30 Year Fixed Super Conforming
30 Year Fixed Split MI
CF300SC
15 Day
(4.932)
(4.480)
(3.875)
(3.213)
(3.409)
(2.905)
CF300SMI
Rate
15 Day
4.375
(4.909)
4.250
(4.405)
4.125
(3.669)
4.000
(3.094)
3.875
(2.616)
3.750
(1.915)
Rate
4.875
4.750
4.625
4.500
4.375
4.250
30 Day
(4.757)
(4.305)
(3.700)
(3.038)
(3.234)
(2.730)
All adjustments apply to all conventional programs and are cumulative unless otherwise stated.
Plaza does not allow manufactured homes on agency products.
2 units
3-4 units
Condo LTV > 75% & Loan Term >15yrs; (Excludes Detached Condo w/ DU)
Investment LTV <= 75%
Property: LTV > 75% - 80%
LTV > 80% - 85%
Subordinate Financing
LTV<=65, CLTV/HCLTV >80<=95, FICO <720
LTV<=65, CLTV/HCLTV >80<=95, FICO >=720
LTV >65<=75, CLTV/HCLTV >80<=95, FICO <720
LTV >65<=75, CLTV/HCLTV >80<=95, FICO >=720
LTV >75<=95, CLTV/HCLTV >90<=95, FICO <720
LTV >75<=95, CLTV/HCLTV >90<=95, FICO >=720
LTV >75<=90, CLTV/HCLTV >76<=90, FICO <720
LTV >75<=90, CLTV/HCLTV >76<=90, FICO >=720
LTV <=95, CLTV/HCLTV >95<=97
Risk-Based Adjustments
Credit Score
620
640
660
< 620
639
659
679
LTV%
<= 60
N/A
0.500
0.500
0.000
60.01-70
N/A
1.500
1.250
1.000
70.01-75
N/A
3.000
2.500
2.000
75.01-80
N/A
3.000
3.000
2.500
80.01-85
N/A
3.250
3.250
2.750
85.01-90
N/A
3.250
2.750
2.250
90.01-95
N/A
3.250
2.750
2.250
95.01-97
N/A
3.250
2.750
2.250
>97
N/A
N/A
N/A
N/A
1.000
1.000
0.750
1.750
3.000
3.750
0.500
0.250
0.750
0.500
1.000
0.750
1.000
0.750
1.500
680
699
0.000
0.500
1.250
1.750
1.500
1.250
1.250
1.250
N/A
700
719
(0.250)
0.500
0.750
1.000
1.000
1.000
1.000
1.000
N/A
My Community
My Community 97
0.750
Loan Amounts
Loan Amount <$140k
Loan Amount <$100k
Loan Amount <$75k
0.125
0.250
0.500
High Balance/Super Conforming Cash Out
1.000
LTV >95<=97
0.500
Super Conforming ARMs - Purch, R/T >75% LTV/CLTV
0.750
Community Enrichment (O/O only)
720
739
(0.250)
0.000
0.250
0.500
0.500
0.500
0.500
0.500
N/A
(0.500)
>= 740
(0.250)
0.000
0.000
0.250
0.250
0.250
0.250
0.250
N/A
Use the above matrix for all programs excluding My Community and Home Possible programs.
Risk-Based Adjustments do not apply to loans with amortization terms <=180 months, if both LTV<=95 & FICO >=620
Expanded Approval Programs (in addition to the risk-based adjustments above)
Credit Score
620
640
660
680
700
720
< 620
639
659
679
699
719
739
LTV%
<95
N/A
0.750
0.750
0.500
0.500
0.250
0.250
95.01 - 97
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash Out
Credit Score
620
640
660
680
700
720
< 620
639
659
679
699
719
739
LTV%
<= 60
0.250
0.250
0.250
0.000
0.000
0.000
N/A
60.01-75
1.250
1.250
0.750
0.750
0.625
0.625
N/A
2.750
2.250
1.500
1.375
0.750
0.750
75.01-80
N/A
80.01-85
N/A
3.000
3.000
2.500
2.500
1.500
1.500
LTV > 85
N/A
N/A
N/A
N/A
N/A
N/A
N/A
>= 740
0.000
N/A
>= 740
0.000
0.250
0.500
0.625
N/A
Lender Paid Mortgage Insurance (LPMI) Options
Lender-Paid MI 25yr & 30yr (CF300MIR, CF250MIR, CF30HBMIR, CF300SCMI and all ARMs)
MI Coverage
LTV
760
740-759
720-739
680-719
660-679
640-659
95.01 - 97
35
2.8
3.08
3.08
3.85
6.84
7.09
90.01 - 95
30
1.6
1.9
2.23
3.29
4.93
5.12
85.01 - 90
25
1.1
1.33
1.6
2.17
3.28
3.53
80.01 - 85
12
0.7
0.87
1.12
1.33
1.54
1.73
Lender-Paid MI 15yr & 20yr (CF200MIR, CF150MIR, CF150SCMI)
620-639
7.38
5.79
4.08
1.97
MI Coverage
LTV
95.01 - 97
35
90.01 - 95
25
85.01 - 90
12
80.01 - 85
6
620-639
6.99
4.52
1.81
1.17
760
2.62
1.25
0.87
0.55
740-759
2.9
1.46
0.91
0.6
720-739
2.9
1.88
1.19
0.87
680-719
3.57
2.66
1.26
0.91
660-679
6.45
3.79
1.42
1.09
640-659
6.7
3.96
1.54
1.13
Lender Paid MI Adjustments
Rate-and-Term Refinance
Cash Out
Second Home
Investment Property
Loan Amounts > $417,000
Loan Term = 25yr
Rate-and-Term Refinance
Cash Out
Second Home
Investment Property
Loan Amounts > $417,000
Loan Term = 25yr
FICO 740+
0.00
0.50
0.25
1.19
0.40
(0.18)
680-719
0.53
1.00
0.70
1.75
1.40
(0.28)
720-739
0.00
0.70
0.49
1.33
0.88
(0.18)
620-679
1.05
1.30
1.23
0.00
2.10
(0.39)
Note: Minimum single rate is .54
This information is for the use of approved mortgage lenders only and is not intended for distribution to consumers. This is not an advertisement to extend customer credit as defined by part 226.2 of Regulation Z. Interest rate, program terms and conditions are subject to change without notice. Not all products are
available in all states and for all loan amounts. Other restrictions and limitations may apply. Granting of loan is subject to the credit and policy requirements of Plaza Home Mortgage, Inc. ISAOA, 4820 Eastgate Mall, Suite 100 San Diego, CA 92121
PLAZA HOME MORTGAGE, INC.
Utah Wholesale
Phone: 866-338-5035
CA1012L
10/1 ARM
2.25 Margin
2/2/5 caps
Rate
4.625
4.500
4.375
4.250
4.125
4.000
3.875
3.750
3.625
15 Day
(4.796)
(4.564)
(4.362)
(4.200)
(3.900)
(3.396)
(2.866)
(2.314)
(1.670)
Page 3 of 6
30 Day
(4.621)
(4.389)
(4.187)
(4.025)
(3.725)
(3.221)
(2.691)
(2.139)
(1.495)
Adjustments Link
MANUFACTURED HOMES are not allowed.
2 units
3-4 units
Condo LTV > 75% & Loan Term >15yrs
N/O/O:
LTV <= 75%
LTV > 75% - 80%
2/6/2015 6:57 AM
CONFORMING ARMS
Rate
15 Day
30 Day
Rate
15 Day
30 Day
CA512L
CA712L
4.500
(5.114)
(4.939)
4.500
(5.062)
(4.887)
5/1 ARM
7/1 ARM
4.375
(4.864)
(4.689)
4.375
(4.849)
(4.674)
(4.422)
(4.459)
4.250
(4.597)
4.250
(4.634)
2.25 Margin
2.25 Margin
(4.156)
(4.257)
4.125
(4.331)
4.125
(4.432)
(3.953)
(3.997)
4.000
(4.128)
4.000
(4.172)
2/2/5 caps
5/2/5 caps
(3.734)
(3.732)
3.875
(3.909)
3.875
(3.907)
(3.427)
(3.377)
3.750
(3.602)
3.750
(3.552)
(3.129)
(3.001)
3.625
(3.304)
3.625
(3.176)
(2.750)
(2.521)
3.500
(2.925)
3.500
(2.696)
Rate
15 Day
30 Day
Rate
15 Day
30 Day
CA51LHB
4.500
(4.364)
(4.189)
CA71LHB
4.625
(4.526)
(4.351)
5/1 ARM
4.375
(4.114)
(3.939)
7/1 ARM
4.500
(4.312)
(4.137)
4.250
(3.847)
(3.672)
4.375
(4.099)
(3.924)
2.25 Margin
2.25 Margin
4.125
(3.581)
(3.406)
4.250
(3.884)
(3.709)
4.000
(3.378)
(3.203)
4.125
(3.682)
(3.507)
High
High
3.875
(3.159)
(2.984)
4.000
(3.422)
(3.247)
Balance
Balance
3.750
(2.852)
(2.677)
3.875
(3.157)
(2.982)
3.625
(2.554)
(2.379)
3.750
(2.802)
(2.627)
2/2/5 caps
5/2/5 caps
3.500
(2.175)
(2.000)
3.625
(2.426)
(2.251)
3.375
(1.793)
(1.618)
3.500
(1.946)
(1.771)
Loan Amounts
1.000 Loan Amount <$140k
0.125
1.000 Loan Amount <$100k
0.250
0.750 Loan Amount <$75k
0.500
1.750 Subordinate Financing
3.000 CLTV/HCLTV >95, FICO >=720
1.500
CLTV/HCLTV >95, FICO <720
1.500
Fully Amortizing, CLTV/HCLTV >90<=95, FICO >=720
0.250
Fully Amortizing, CLTV/HCLTV >90<=95, FICO <720
0.500
Fully Amortizing, CLTV/HCLTV >75<=90, FICO >=720
0.000
Fully Amortizing, CLTV/HCLTV >75<=90, FICO <720
0.250
Risk-Based Adjustments
LTV%
<= 60
60.01-70
70.01-75
75.01-80
80.01-85
85.01-90
90.01-95
95.01-97
>97
No FICO
or < 620
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
620
639
0.500
1.500
3.000
3.000
3.250
3.250
3.250
3.250
N/A
640
659
0.500
1.250
2.500
3.000
3.250
2.750
2.750
2.750
N/A
Credit Score
660
679
0.000
1.000
2.000
2.500
2.750
2.250
2.250
2.250
N/A
680
699
0.000
0.500
1.250
1.750
1.500
1.250
1.250
1.250
N/A
700
719
(0.250)
0.500
0.750
1.000
1.000
1.000
1.000
1.000
N/A
720
739
(0.250)
0.000
0.250
0.500
0.500
0.500
0.500
5.000
N/A
>= 740
(0.250)
0.000
0.000
0.250
0.250
0.250
0.250
0.250
N/A
Use the above matrix for all programs excluding My Community and Home Possible programs Loans with FICOs less than 620 must have DU or LP approval.
Risk-Based Adjustments do not apply to loans with amortization terms <=180 months, if both LTV<=95 & FICO >=620
Cash Out
LTV%
<= 60
60.01-75
75.01-80
80.01-85
LTV > 85
No FICO
or <620
N/A
N/A
N/A
N/A
N/A
620
639
0.250
1.250
2.750
3.000
N/A
640
659
0.250
1.250
2.250
3.000
N/A
Credit Score
660
679
0.250
0.750
1.500
2.500
N/A
680
699
0.000
0.750
1.375
2.500
N/A
700
719
0.000
0.625
0.750
1.500
N/A
720
739
0.000
0.625
0.750
1.500
N/A
>= 740
0.000
0.250
0.500
0.625
N/A
This information is for the use of approved mortgage lenders only and is not intended for distribution to consumers. This is not an advertisement to extend customer credit as defined by part 226.2 of Regulation Z. Interest rate, program terms and conditions are subject to change without notice. Not all products are
available in all states and for all loan amounts. Other restrictions and limitations may apply. Granting of loan is subject to the credit and policy requirements of Plaza Home Mortgage, Inc. ISAOA, 4820 Eastgate Mall, Suite 100 San Diego, CA 92121
PLAZA HOME MORTGAGE, INC.
Utah Wholesale
Phone: 866-338-5035
Page 4 of 6
2/6/2015 6:57 AM
Rate
4.500
4.375
4.250
4.125
4.000
3.875
3.750
3.625
3.500
3.375
3.250
30 Year Fixed
RCF30DURP
15 Day
30 Day
(5.027)
(4.852)
(4.617)
(4.442)
(4.210)
(4.035)
(3.669)
(3.494)
(3.094)
(2.919)
(2.491)
(2.316)
(1.906)
(1.731)
(1.035)
(0.860)
(0.067)
0.108
0.779
0.954
1.490
1.665
CONFORMING FIXED RATES - DU Refi Plus
30yr Fixed High Balance
20 Year Fixed
15 Year Fixed
RCF30DURPH
RCF20DURP
RCF15DURP
Rate
15 Day
30 Day
Rate
15 Day
Rate
15 Day
30 Day
4.750
4.625
4.125
(4.303)
(4.128)
(5.221)
(4.703)
(4.528)
4.625
4.500
4.000
(3.904)
(3.729)
(4.845)
(4.624)
(4.449)
4.500
4.375
3.875
(3.527)
(3.352)
(4.434)
(4.416)
(4.241)
4.375
4.250
3.750
(3.117)
(2.942)
(4.027)
(4.240)
(4.065)
4.250
4.125
3.625
(2.710)
(2.535)
(3.597)
(4.034)
(3.859)
4.125
4.000
3.500
(2.169)
(1.994)
(3.186)
(3.668)
(3.493)
4.000
3.875
3.375
(1.594)
(1.419)
(2.721)
(3.122)
(2.947)
3.875
3.750
3.250
(0.991)
(0.816)
(2.248)
(2.643)
(2.468)
3.750
3.625
3.125
(0.406)
(0.231)
(1.587)
(2.207)
(2.032)
3.625
3.500
3.000
0.465
0.640
(0.768)
(1.634)
(1.459)
3.500
3.375
2.875
1.433
1.608
0.069
(0.897)
(0.722)
2 units
3-4 units
Condo LTV > 75% & Loan Term >15yrs; (Excludes Detached Condo w/ DU)
1.000
1.500
0.750
DURP w/ MI
Investment LTV <= 75%
Property: LTV > 75% - 80%
LTV > 80%
0.375
1.750
1.750
1.750
30yr Fixed >105 LTV
RCF30DURPX
Rate
15 Day
30 Day
4.500
(5.478)
(5.303)
4.375
(4.801)
(4.626)
4.250
(4.129)
(3.954)
4.125
(3.303)
(3.128)
4.000
(2.431)
(2.256)
3.875
(1.532)
(1.357)
3.750
(0.650)
(0.475)
3.625
0.528
0.703
3.500
1.808
1.983
3.375
2.967
3.142
3.250
3.990
4.165
Loan Amounts
Loan Amount <$140k
Loan Amount <$100k
Loan Amount <$75k
Subordinate Financing
CLTV/HCLTV >95, FICO >=720
CLTV/HCLTV >95, FICO <720
CLTV/HCLTV >90<=95, FICO >=720
CLTV/HCLTV >90<=95, FICO <720
CLTV/HCLTV >75<=90, FICO >=720
CLTV/HCLTV >75<=90, FICO <720
0.125
0.250
0.500
1.500
1.500
0.250
0.500
0.000
0.250
Risk-Based Adjustments
Credit Score
620
640
Maximum Cumulative Adjustments
660
680
700
720
LTV%
< 620
639
659
679
699
719
739
>= 740
(excludes lock term, loan amts, MI transfer & state adjustments)
<= 60
N/A
0.750
0.500
0.000
0.000
(0.250)
(0.250)
(0.250)
LTV >80, Owner Occupied, Loan Term <=20yrs
60.01-70
N/A
1.500
1.250
1.000
0.500
0.500
0.000
0.000
LTV >80, Owner Occupied, Loan Term >20yrs
70.01-75
N/A
1.750
1.750
1.500
0.750
0.500
0.000
0.000
2nd Home or N/O/O
75.01-80
N/A
1.750
1.750
1.750
0.750
0.500
0.000
0.000
LTV <=80%
80.01-85
N/A
1.750
1.750
1.750
0.750
0.500
0.000
0.000
85.01-90
N/A
1.750
1.750
1.750
0.750
0.500
0.000
0.000
90.01-95
N/A
1.750
1.750
1.750
0.750
0.500
0.000
0.000
95.01-97
N/A
1.750
1.750
1.750
1.250
1.000
0.500
0.500
97.01-105
N/A
3.500
2.500
2.000
1.750
1.500
1.000
1.000
105.01-125
N/A
3.500
2.500
2.000
1.750
1.500
1.000
1.000
0.000
0.750
1.750
1.750
Risk-Based Adjustments do not apply to loans with amortization terms <=180 months.
Rate
4.375
4.250
4.125
4.000
3.875
3.750
3.625
3.500
3.375
3.250
30 Year Fixed
CF300LPRR
15 Day
30 Day
(4.810)
(4.635)
(4.356)
(4.181)
(3.806)
(3.631)
(3.088)
(2.913)
(2.336)
(2.161)
(1.822)
(1.647)
(1.181)
(1.006)
(0.347)
(0.172)
0.558
0.733
1.439
1.614
CONFORMING FIXED RATES - LP Relief Refinance
15 Year Fixed
30yr Fixed High Balance
CF150LPRR
CF300LPRRH
Rate
15 Day
30 Day
Rate
15 Day
30 Day
3.875
4.750
(5.025)
(4.850)
(4.640)
(4.465)
Closing costs, financing
3.750
4.625
(4.612)
(4.437)
(4.125)
(3.950)
costs (including discount
costs) and
3.625
4.500
(4.190)
(4.015)
(3.463)
(3.288)
prepaids/escrows, are
3.500
4.375
(3.703)
(3.528)
(3.310)
(3.135)
limited to the lesser of 4%
of the current unpaid
3.375
4.250
(3.082)
(2.907)
(2.856)
(2.681)
balance of the mortgage
3.250
4.125
(2.599)
(2.424)
(2.306)
(2.131)
being refinanced or $5,000.
3.125
4.000
(2.168)
(1.993)
(1.588)
(1.413)
3.000
3.875
(1.638)
(1.463)
(0.836)
(0.661)
2.875
3.750
(0.929)
(0.754)
(0.322)
(0.147)
2.750
3.625
(0.273)
(0.098)
0.319
0.494
30yr Fixed >105 LTV
RCF30LPRRX
Rate
15 Day
30 Day
4.000
(2.338)
(2.163)
3.875
(1.586)
(1.411)
3.750
(1.072)
(0.897)
3.625
(0.431)
(0.256)
3.500
0.403
0.578
3.375
1.308
1.483
3.250
2.189
2.364
Adjustments - All adjustments apply to all conventional programs and are cumulative unless otherwise stated.
Loan Amounts
Loan Amount <$140k
Loan Amount <$100k
Loan Amount <$75k
LPRR w/ MI
LTV >105
Subordinate Financing
CLTV/HCLTV >95, FICO >=720
CLTV/HCLTV >95, FICO <720
LTV >65<=75, CLTV/HCLTV >90<=95, FICO >=720
LTV >65<=75, CLTV/HCLTV >90<=95, FICO <720
LTV >75<=80, CLTV/HCLTV >75<=90, FICO >=720
LTV >75<=80, CLTV/HCLTV >75<=90, FICO <720
LTV >75<=80, CLTV/HCLTV >90<=95, FICO >=720
LTV >75<=80, CLTV/HCLTV >90<=95, FICO <720
LTV >80<=90, CLTV/HCLTV >80<=95, FICO >=720
LTV >80<=90, CLTV/HCLTV >80<=95, FICO <720
LTV >90, CLTV/HCLTV >90, FICO >=720
LTV >90, CLTV/HCLTV >90, FICO <720
0.125
0.250
0.500
0.375
Condo LTV > 75% & Loan Term >15yrs
2 units
3-4 units <=80 LTV
3-4 units >80<=85 LTV
3-4 units >85 LTV
Investment Property
LTV >95<=97
LTV >97<=105
Risk-Based Adjustments
0.750
1.000
1.000
1.500
2.000
1.750
0.500
1.000
2.000
1.500
1.500
0.250
0.500
0.750
1.000
0.750
1.000
0.750
1.000
0.250
0.500
Credit Score
620
640
Maximum Cumulative Adjustments
660
680
700
720
LTV%
< 620
639
659
679
699
719
739
>= 740
(excludes lock term, loan amts, MI transfer & state adjustments)
<= 60
N/A
0.500
0.500
0.000
0.000
(0.250)
(0.250)
(0.250)
LTV >80, O/O & 2nd Home, Loan Term <=20yrs
60.01 - 70
N/A
1.500
1.250
1.000
0.500
0.500
0.000
0.000
LTV >80, O/O & 2nd Home, Loan Term >20yrs
70.01 - 75
N/A
3.000
2.750
2.250
1.250
0.750
0.250
0.000
N/O/O
75.01 - 80
80.01 - 85
N/A
N/A
3.000
3.250
3.000
3.250
2.750
2.750
1.750
1.500
1.000
1.000
0.500
0.500
0.250
0.250
LTV <=80%
85.01 - 90
N/A
3.250
2.750
2.250
1.250
1.000
0.500
0.250
90.01 - 95
N/A
3.250
2.750
2.250
1.250
1.000
0.500
0.250
95.01 - 97
>97
N/A
N/A
3.250
3.250
2.750
2.750
2.250
2.250
1.250
1.250
1.000
1.000
0.500
0.500
0.250
0.250
0.000
0.750
1.750
1.750
Risk-Based Adjustments do not apply to loans with amortization terms <=180 months.
This information is for the use of approved mortgage lenders only and is not intended for distribution to consumers. This is not an advertisement to extend customer credit as defined by part 226.2 of Regulation Z. Interest rate, program terms and conditions are subject to change without notice. Not all products are
available in all states and for all loan amounts. Other restrictions and limitations may apply. Granting of loan is subject to the credit and policy requirements of Plaza Home Mortgage, Inc. ISAOA, 4820 Eastgate Mall, Suite 100 San Diego, CA 92121
PLAZA HOME MORTGAGE, INC.
Utah Wholesale
Phone: 866-338-5035
Page 5 of 6
2/6/2015 6:57 AM
ELITE JUMBO
30yr Fixed Jumbo EJF30
Rate
15 Day
30 Day
4.375
(1.990)
(1.815)
4.250
(1.577)
(1.402)
4.125
(1.160)
(0.985)
4.000
(0.718)
(0.543)
3.875
(0.189)
(0.014)
3.750
0.416
0.591
3.625
1.162
1.337
15yr Fixed Jumbo EJF15
Rate
15 Day
30 Day
4.125
(1.515)
(1.340)
4.000
(1.325)
(1.150)
3.875
(1.144)
(0.969)
3.750
(1.012)
(0.837)
3.625
(0.807)
(0.632)
3.500
(0.542)
(0.367)
3.375
(0.232)
(0.057)
3.250
0.132
0.307
3.125
0.513
0.688
3.000
0.970
1.145
2.875
1.485
1.660
Adjustments
LTV/CLTV/HCLTV
<= 60%
60.01 - 65%
65.01 - 70%
70.01 - 75%
FICO 700-719
(0.125)
0.375
0.625
N/A
75.01 - 80%
N/A
FICO 720-739
(0.250)
0.125
0.375
0.625
1.000
FICO 740-759
(0.375)
(0.125)
0.000
0.375
0.625
FICO >=760
(0.500)
(0.375)
(0.250)
0.000
0.250
LTV
<= 60%
60.01 - 65%
65.01 - 70%
70.01 - 75%
75.01 - 80%
<= $1.0M
(0.250)
(0.250)
(0.125)
0.000
0.000
> $1.0M to $1.5M
(0.250)
0.000
0.125
0.250
0.375
> $1.5M to $2.0M
(0.125)
0.000
0.250
0.375
N/A
> $2.0M to $2.5M
0.000
0.125
0.250
N/A
N/A
C/O Refinance
0.250
0.250
0.250
N/A
N/A
2 unit
0.250
0.250
N/A
N/A
N/A
2nd Home
0.125
0.250
0.375
0.750
N/A
No Escrows (NY excluded)
0.125
0.125
0.125
0.125
0.125
15yr Fixed
0.000
0.000
0.000
0.000
0.000
Fixed Max Rebate 30 yr - Loan Amounts <= $1,000,000
(2.125)
FL, NV
0.000
0.000
0.000
0.000
0.375
Fixed Max Rebate 15 yr - Loan Amounts <= $1,000,000
(1.750)
ARM
0.000
0.000
0.000
0.000
0.250
Fixed Max Rebate 30 yr - Loan Amounts > $1,000,000
(1.750)
Purchase
(0.375)
(0.375)
(0.375)
(0.375)
(0.375)
Fixed Max Rebate 15 yr - Loan Amounts > $1,000,000
(1.500)
30 yr Fixed, Non CA
(0.375)
(0.375)
(0.375)
(0.375)
(0.375)
ARM Max Rebate - Loan Amounts <= $1,000,000
(1.125)
Texas A6
0.500
0.500
0.500
0.500
0.500
ARM Max Rebate - Loan Amounts > $1,000,000
(1.000)
30 yr Fixed, CA
(0.250)
(0.250)
(0.250)
(0.125)
0.000
7yr ARM Jumbo EJA71
10yr ARM Jumbo EJA101
5yr ARM Jumbo EJA51
2/2/5 caps
Rate
3.750
3.625
3.500
3.375
3.250
3.125
3.000
2.875
2.25 margin
15 Day
(1.538)
(1.416)
(1.271)
(1.093)
(0.885)
(0.644)
(0.406)
(0.154)
30 Day
(1.363)
(1.241)
(1.096)
(0.918)
(0.710)
(0.469)
(0.231)
0.021
2/2/5 caps
Rate
3.875
3.750
3.625
3.500
3.375
3.250
3.125
3.000
2.25 margin
15 Day
(1.637)
(1.511)
(1.318)
(1.095)
(0.869)
(0.641)
(0.326)
0.077
30 Day
(1.462)
(1.336)
(1.143)
(0.920)
(0.694)
(0.466)
(0.151)
0.252
2/2/5 caps
Rate
4.375
4.250
4.125
4.000
3.875
3.750
3.625
3.500
2.25 margin
15 Day
(2.205)
(2.005)
(1.759)
(1.482)
(1.208)
(0.859)
(0.409)
0.063
30 Day
(2.030)
(1.830)
(1.584)
(1.307)
(1.033)
(0.684)
(0.234)
0.238
Elite Jumbo Restrictions
1. No Prelocks: Locks require full credit approval
2. Only 1 extension allowed
Lock Cutoff - 2:00 PM
This information is for the use of approved mortgage lenders only and is not intended for distribution to consumers. This is not an advertisement to extend customer credit as defined by part 226.2 of Regulation Z. Interest rate, program terms and conditions are subject to change without notice. Not all products are
available in all states and for all loan amounts. Other restrictions and limitations may apply. Granting of loan is subject to the credit and policy requirements of Plaza Home Mortgage, Inc. ISAOA, 4820 Eastgate Mall, Suite 100 San Diego, CA 92121
Page 6 of 6
PLAZA HOME MORTGAGE, INC.
Utah Wholesale
Phone: 866-338-5035
2/6/2015 6:57 AM
Rate
4.500
4.375
4.250
4.125
4.000
3.875
3.750
3.625
3.500
3.375
3.250
Rate
4.500
4.375
4.250
4.125
4.000
3.875
3.750
3.625
3.500
3.375
Rate
3.750
3.625
3.500
3.375
3.250
3.125
3.000
2.875
2.750
Rate
4.000
3.875
3.750
3.625
3.500
3.375
30 Year Fixed
FHA300
15 Day
30 Day
(5.975)
(5.800)
(5.486)
(5.311)
(5.527)
(5.352)
(5.101)
(4.926)
(4.725)
(4.550)
(4.216)
(4.041)
(3.772)
(3.597)
(3.118)
(2.943)
(3.194)
(3.019)
(2.634)
(2.459)
(1.706)
(1.531)
30 Year Fixed
VA300
15 Day
30 Day
(5.725)
(5.550)
(5.236)
(5.061)
(5.277)
(5.102)
(4.851)
(4.676)
(4.475)
(4.300)
(3.966)
(3.791)
(3.522)
(3.347)
(2.868)
(2.693)
(2.944)
(2.769)
(2.384)
(2.209)
15 Year Fixed
FHA150
15 Day
30 Day
(4.107)
(3.932)
(4.015)
(3.840)
(3.679)
(3.504)
(3.345)
(3.170)
(2.954)
(2.779)
(2.255)
(2.080)
(1.863)
(1.688)
(1.470)
(1.295)
(1.028)
(0.853)
5 Year ARM
FHA51T
15 Day
30 Day
(3.829)
(3.654)
(3.641)
(3.466)
(3.388)
(3.213)
(3.076)
(2.901)
(2.752)
(2.577)
(2.427)
(2.252)
GOVERNMENT RATES - FHA & VA
30 Year Fixed
FHA300HB/FHA300HBS
Rate
15 Day
30 Day
4.625
(4.818)
(4.643)
4.500
(4.475)
(4.300)
4.375
(3.986)
(3.811)
4.250
(4.027)
(3.852)
4.125
(3.601)
(3.426)
4.000
(3.225)
(3.050)
3.875
(2.716)
(2.541)
3.750
(2.272)
(2.097)
3.625
(1.618)
(1.443)
3.500
(1.694)
(1.519)
3.375
(1.134)
(0.959)
15 Year Fixed
VA150
Rate
15 Day
30 Day
3.750
(4.107)
(3.932)
3.625
(4.015)
(3.840)
3.500
(3.679)
(3.504)
3.375
(3.345)
(3.170)
3.250
(2.954)
(2.779)
3.125
(2.255)
(2.080)
3.000
(1.863)
(1.688)
2.875
(1.470)
(1.295)
15 Year Fixed
VA15IRRRLA
Rate
15 Day
30 Day
4.500
(3.911)
(3.736)
4.000
(4.301)
(4.126)
3.500
(3.176)
(3.001)
3.000
(1.286)
(1.111)
30 Year Jumbo Fixed
VA30JIRRLA
*Program Requires an AVM*
Rate
15 Day
30 Day
4.750
(5.074)
(4.899)
4.625
(4.285)
(4.110)
4.500
(3.980)
(3.805)
4.375
(3.678)
(3.503)
4.250
(3.307)
(3.132)
4.125
(3.197)
(3.022)
4.000
(2.829)
(2.654)
3.875
(2.466)
(2.291)
3.750
(2.022)
(1.847)
Rural Housing Full Doc & Rural Refinance Pilot
USDA RH 30 Yr (USDARH30 & USDARH30P)
Rate
15 Day
30 Day
4.500
(5.975)
(5.800)
4.375
(5.486)
(5.311)
4.250
(5.527)
(5.352)
4.125
(5.101)
(4.926)
4.000
(4.725)
(4.550)
3.875
(4.216)
(4.041)
3.750
(3.772)
(3.597)
3.625
(3.118)
(2.943)
30Yr Fixed - FHA Streamline
FHA30S
Rate
15 Day
30 Day
4.500
(5.725)
(5.550)
4.375
(5.236)
(5.061)
4.250
(5.277)
(5.102)
4.125
(4.851)
(4.676)
4.000
(4.475)
(4.300)
3.875
(3.966)
(3.791)
3.750
(3.522)
(3.347)
3.625
(2.868)
(2.693)
3.500
(2.944)
(2.769)
3.375
(2.384)
(2.209)
30 Year Fixed
VAJ30IRRRL
30 Year Fixed
VA300IRRRL
Rate
15 Day
30 Day
4.625
(5.535)
(5.360)
4.500
(5.230)
(5.055)
4.375
(4.928)
(4.753)
4.250
(4.557)
(4.382)
4.125
(4.447)
(4.272)
4.000
(4.079)
(3.904)
3.875
(3.716)
(3.541)
3.750
(3.272)
(3.097)
3.625
(2.618)
(2.443)
3.500
(2.174)
(1.999)
30 Year FHA 203(k)
FHA30KS & FHA30K
Rate
15 Day
30 Day
4.750
(3.699)
(3.524)
4.625
(2.910)
(2.735)
4.500
(2.605)
(2.430)
4.375
(2.303)
(2.128)
4.250
(1.932)
(1.757)
4.125
(1.822)
(1.647)
4.000
(1.454)
(1.279)
3.875
(1.091)
(0.916)
3.750
(0.647)
(0.472)
3.625
0.007
0.182
15 Year Fixed
VA150IRRRL
Rate
3.625
3.500
3.375
3.250
3.125
3.000
2.875
2.750
2.625
2.500
2.375
15 Day
(3.515)
(3.179)
(2.845)
(2.454)
(1.755)
(1.363)
(0.970)
(0.528)
0.518
0.965
1.416
Rate
4.750
4.625
4.500
4.375
4.250
4.125
4.000
3.875
3.750
3.625
15 Day
(5.074)
(4.285)
(3.980)
(3.678)
(3.307)
(3.197)
(2.829)
(2.466)
(2.022)
(1.368)
FHA 203(k) Streamlined:
Supplemental Origination
Fee -
Greater of $350 or
1.50% of the total
cost of renovations
30 Day
(3.340)
(3.004)
(2.670)
(2.279)
(1.580)
(1.188)
(0.795)
(0.353)
0.693
1.140
1.591
30 Year Fixed
RFHA30BTW
Rate
15 Day
4.500
(4.980)
4.375
(4.678)
4.250
(4.307)
4.125
(4.197)
4.000
(3.829)
3.875
(3.466)
3.750
(3.022)
3.625
(2.368)
3.500
(1.924)
3.375
(1.479)
3.250
(0.956)
3.125
1.051
FHA ID# 1710100054
VA ID# 9065310401
Adjustments
25 Year FHA & VA
20 Year FHA & VA
VA Streamline: FICO 620-659
VA Streamline: FICO 660-699
FHA Streamline: FICO 640-679
FHA Streamline: FICO 620-639
FHA/VA Full Doc & USDA: FICO 640-679
FHA/VA Full Doc & USDA: FICO 620-639
0.125
0.500
1.125
0.125
0.500
1.000
0.500
1.000
FHA Full Doc: FICO 600-619
FHA Full Doc: FICO 580-599
1.250
1.750
0.250
(0.750)
FHA/VA Full Doc, FHA Streamline & USDA: FICO 680-719
Community Enrichment (O/O only)
Loan Amounts
>= $125,000
$100,000 - $124,999
$75,000 - $99,999
$50,000 - $74,999
<$50,000
Min FICO of 620 required for VA
Base
0.125
0.250
0.375
0.750
2nd Home or Non-owner Streamline
Min FICO of 620 required for FHA Streamline
Use FHA High Balance for base loan amts >417,000
Manufactured Homes are not allowed
0.500
For FHA's Back to Work use code RFHA30BTW
This information is for the use of approved mortgage lenders only and is not intended for distribution to consumers. This is not an advertisement to extend customer credit as defined by part 226.2 of Regulation Z. Interest rate, program terms and conditions are subject to change without notice. Not all products are
available in all states and for all loan amounts. Other restrictions and limitations may apply. Granting of loan is subject to the credit and policy requirements of Plaza Home Mortgage, Inc. ISAOA, 4820 Eastgate Mall, Suite 100 San Diego, CA 92121