ResiCentral

Basic information

QM program

• Conventional
• Home One
• Home Ready
• Home Possible
• FHA
• FHA Streamline
• VA
• VA IRRRL
• VA High Balance
• VA Jumbo

Loss payee

ResiCentral, LLC. ISAOA/ATIMA PO Box 29411 Phoenix, AZ 85038-941

CPL or subordinate clause

ResiCentral, LLC. ISAOA/ATIMA 19417 Shumard Oak Drive, Unit 102 Land O’ Lakes, Florida 34638 IN TEXAS ResiCentral, LLC, and each successor in ownership of the indebtedness secured by the insured mortgage, except a successor who is an Obligor under the provisions of Section 12(c) of the Conditions and Stipulations. ResiCentral, LLC. ISAOA/ATIMA 19417 Shumard Oak Drive, Unit 102 Land O’ Lakes, Florida 34638

Lock policies & fees

Lock policies

Lock extension

CONFORMING AND GOVERNMENT: 025 (2.5 basis points) a day. DSCR/BANK STATEMENT PREMIER PRODUCTS: .02 (2 basis point) cost per day. Available in increments of 5 days up to 30 days DSCR ELITE: .025 (2.5 basis points) a day, available in increments of 5 days up to 30 days BANK STATEMENT ELITE: .02 (2 basis points) a day 6:00PM PST Monday - Friday Lock Cutoff: Conforming/FHA/VA: 12AM PST Mon-Sun | NonQM/Jumbo: 4pm PST Mon-Fri

Relock

CONFORMING/GOVERNMENT: Available next business day after lock expiration/lock cancellation. If relocked within 30 days of expiration/cancellation, relock at worst case pricing + .250 additional cost for 15 day relock, or .500 additional cost for 30 day relock. If relocking after 30 days from expiration/cancellation can relock current market with .25 hit to pricing. NONQM/JUMBO: needs approval from Capital Markets

Lock & Shop

No

Lender's niche & overlays

Lender's niche

Aggresive Pricing on conforming/government loans.

Pricing, No Ratio DSCR, Foreign National DSCR, full doc Non-QM

Lender's overlays

At this time, ResiCentral only accepts Classic FICO scores for credit qualification. We do not accept VantageScore models.

If you have any questions, please don't hesitate to reach out to your Account Executive directly

Lender turn time

Initial underwrite (days)

2

CTC conditions review (days)

2

Initial CD (days)

1

Reviews