Our Programs
TMS is your home to a wide array of robust product offerings with minimal to no overlays. Check out a few of the other great things you get with us…
- We specialize in direct-to-agency loan securitization
- We believe in empowering our sellers to create their own guidelines and credit culture to fit the needs of their respective lending communities
- We’re redefining the way lenders and correspondent investors interact
- Our goal is for our lending partners to reach a larger number of qualified clients with superior products and tools to enable exponential growth of their businesses
CONVENTIONAL
Loans
- FNMA HomeStyle
- Down Payment Assistance Programs
- Minimum 620 FICO
- Minimum 620 FICO on High Balance Loan Amount
- Manufactured Homes (Single & Double)
- Leasehold Properties
- Construction to Perm
- Appraisal Waivers
- Allowed on DU Refi Plus
- Loans With MI Accepted From All Current Mortgage Insurers
- No LTV Restriction for Escrow Waiver
- No DTI Restrictions With AUS Approval
- No Min Number of Tradelines
- 5-10 Financed Properties
- Rental Income Allowed Without Landlord History
- Late Payments Allowed With DU Approval
- Minimal Overlays
FHA
Loans
- 203K Full Administration
- 203K Lite Administration
- Down Payment Assistance Programs
- Manual Underwriting Acceptable
- No FICO Allowed
- Minimum 550 FICO Minimum 550 FICO on High Balance Loan Amounts
- Manufactured Homes (Single & Double)
- Leasehold Properties
- Construction to Perm
- Non-Credit Qualifying Streamline Refinances
- Streamline Regardless of Current Lender/Servicer
- Investment and 2nd Home Streamlines
- Energy Efficient Mortgage (EEM)
- Section 184 – Indian Home Loan
- Section 247 – Hawaiian Home Lands
- Good Neighbor Next Door (GNND)
- Minimal Overlays
VA
Loans
- Alteration and Repair Loans
- Down Payment Assistance Programs
- Non-Delegated UW Available
- Manual Underwriting Acceptable
- No FICO Allowed
- Minimum 550 FICO
- Minimum 550 FICO on High Balance Loan Amounts
- Minimum 550 FICO (IRRRL With Appraisal)
- Manufactured Homes (Single & Double)
- Leasehold Properties
- Construction to Perm
- No FICO IRRRL
- Cashout to 90% LTV
- Minimal Overlays
USDA
Loans
- Manual Underwriting Acceptable
- Down Payment Assistance Programs
- No FICO Allowed
- Minimum 550 FICO
- Minimum 550 FICO 100% Financing
- Manufactured Homes (Single & Double)
- Manufactured Homes Allowed on New Construction Purchases
- Leasehold Properties
- Higher DTI Acceptable with RHS Approval
- Construction to Perm
- Construction to Perm Program (Pilot)
- Minimal Overlays
Jumbo Express
Program
- Minimum FICO 720
- Fixed and Arm interest rates
- $1.5M max loan amount
- W2 income only (use of rental income from other properties is allowed)
- Purchase and limited cash-out up to 80% LTV
- Cash-out refinance up to 65% LTV
- Up to $300K cash back to borrower on cash-out refinance
- Detached Single Family Resident or PUD
- Minimum loan amount is $1 greater than conforming loan limit
Ohio First DPA
Program
- Minimum FICO 620
- 30-year fixed term only
- $50,000 minimum loan amount
- 1-2 units
- Manual UW is allowed under USDA and VA loan types