STG Mortgage Inc.

Basic information

QM program

• Conventional
• Home One
• Home Ready
• Home Possible
• FHA
• FHA Streamline
• FHA 203(k)
• FHA DBA
• VA
• VA IRRRL
• USDA

Loss payee

STG Mortgage Inc. ISAOA/ATIMA 18401 Von Karman Avenue, Suite 440 Irvine, CA 92612

CPL or subordinate clause

STG Mortgage Inc. ISAOA/ATIMA 18401 Von Karman Avenue, Suite 440 Irvine, CA 92612

Lock policies & fees

Lock policies

Lock extension

Extensions not permitted on expired locks. Extensions only permitted on locks with <10 days remaining on lock. Extension Cost — .02 Per Day. MAX 30 Days extension per file or two extensions; whichever comes first. Expired locks are subject to worst case pricing and .25 re-lock fee.

Relock

A relock is defined as locking in revised rate lock for a loan that has been locked previously, but the lock has expired or been cancelled. A loan that does not fund by its lock expiration date and is not extended may be subject to a Relock Fee. - Re-locks requested on loans that have been expired for up to 30 days are subject to the Re- Lock Policy: - Re-locks receive worst case pricing and 0.250 re-lock fee. - By default, re-locks receive the same lock period as the previous lock. - Worst case pricing will compare the original price to the current market price, taking the lower of the two. - Any prior costs or fees will carry over to the new lock (extensions, etc.). - A loan is eligible for current market once the lock has been expired for 31 days. All Locks or Lock/Pricing Related Questions: LockDesk@stgmortgage.com Long-term locks are available!

Lock & Shop

No

Lender's niche & overlays

Lender's niche

Why_STG_Flyer

STG Mortgage To Visit Our Website & Broker Portal

Exceptional Pricing On Loan Sifter
FHA, VA, USDA, FNMA & FHLMC. (See attached flyer)
580 fico FHA & VA
2nd Mtg Piggyback and Standalone
FHA 100% DPA Pledge Zero & Zero Plus, 600 Fico, National Program, No Income Limitations, Follow AUS For DTI, Max Loan Per County Limit $726,200.
FHA WVOE Only Loan Program. Only ones to offer!!
FHA & VA Manual Underwrite.
FHA Condo Single Unit Approval.
VA $2 Million Loan Amounts.
Jumbo QM & Jumbo Non-QM.
Non-QM Full Product Line. Full Doc, 1099, Bank Statement, P&L, DSCR, Foreign National
DSCR Can Originate Out Of State If You or Broker Is Not Approved. Click This link to View Licensing Requirements Per State.
ITIN Loans Full Doc & Bank Statements. 80% LTV, No MI, Generous Credit Requirements For ITIN Profile, $2.5 Million Maximum Loan Amount.

Allow lender credit to cover BPC.

Lender's overlays

Alaska, Delaware, Mississippi, Montana, Nebraska, Vermont, Hawaii are for DSCR only.

Lender turn time

Initial underwrite (days)

2

CTC conditions review (days)

3

Initial CD (days)

1

Reviews