* A West Coast based company that understands California lending. PCM is a quickly growing company founded in January 2008 and funded over $5 billion in 2011. PCM was also voted one of the Best 100 Bay Area companies to work for in 2011! * Strong Government underwriting team * PCM offers Conventional, FHA, FHA Good Neighbor, VA, USDA, Homepath, DU Refi Plus to 125% LTV, MCC, EEM's and Jumbo programs * Accessible underwriting team - they are here to help you! * Competitive pricing * 97% Conforming Conventional and 90% High Balance available * 4 MI options available: Borrower Paid, Lender Paid, Single Premium and Split MI * Support staff that has consistently one awards for customer satisfaction * A team of experienced professionals offer a wealth of experience you can count on * Program and industry trainings available to you
In addition to our wholesale channel we also offer affiliate branching opportunities for those of you who want to join the PCM team! We provide successful mortgage brokers a way to keep their presence and branding in their marketplace while gaining valuable support, enhanced service levels, increased flexibility and additional products.
For more information on our affiliate branch program, go to the affiliate tab to the left of your screen!
97% Conforming and 90% High Balance MI options available
Check out our improved MI guidelines
97% Conforming
* 680 min score * DTI per DU * Purchase and Rate/Term * Condos ok! * Fixed Rate only * Non delegated UW
95% Conforming
* Min score 620 * DTI per DU approval * Purchase and Rate/Term * Delegated UW * Condos ok!
90% High Balance
* 720 credit scores * DTI per DU approval * Purchase and Rate/Term * Delegated UW * Condos ok!
85% Cash Out Conforming
* 620 min score * DTI per DU approval * No limit to cashout amount * Delegated underwriting * Condos ok
DISCLAIMER:This information is intended for mortgage professionals only and is not an advertisement to extend credit. All rates and programs subject to change without notice.
BOOK THIS TRAINING WITH ME TODAY!
MI Training - Learn 4 different conventional MI programs
Split MI, LPMI, Borrower Paid MI and Single Premium
Book an appointment with me to come out and train you on all of our MI programs:
Split MI - Use seller credit to pay upfront premium that lowers your monthly MI payment OR include in your pricing. Helps to qualify for more OR reduce your DTI to fit guidelines.
Lender Paid MI - add into your ratesheet pricing to avoid a monthly MI payment and help qualify your borrower.
Single Premium MI - Use seller credit or borrower funds to pay one time, upfront MI fee and avoid MI payment.
Borrower Paid MI - Compare the above MI options to the standard MI option to see which is best for your borrower
I will show you how to go to the MI calculators on my website to help price out your MI payment quickly
Conventional MI may be a good alternative to FHA as MIPS have recently increased
We accept TBDs so you can prequal your borrowers with or without MI
Update your realtor presentation
Learn more about VA, USDA, EEM, Homepath and FHA programs
I offer a variety of trainings so you can update your presentation to your realtor community:
Do you need a refresher course on FHA?
Are you familiar with USDA and Homepath guidelines?
Do you want to learn more about VA?
Did you know that the Energy Efficient Mortgage allows FHA borrowers the opportunity to finance costly and valuable energy conservation improvements with their home loan? Does not affect qualifying ratios, down payment or appraisal.