Smartie Pants
12 or 24 months of these are used to qualify self-employed borrowers on the Smart Self program.
What are bank statements?
Rithm acquired this mortgage company in 2021 which gave us the operating system we use today in Wholesale, H2O.
What is Caliber Home Loans?
This underwriting leader shares a nickname with a pop music superstar.
Who is Jennifer Lomanno (or J-Lo)?
This is the maximum LTV for a standard FHA 203b loan.
What is 96.5%?
This is the precious metal for which our premier SmartVest product is named.
What is Platinum?
Rithm's headquarters are on Broadway, a street on this island?
What is Manhattan?
These two underwriting AVPs are affectionately referred to as the "Icias" (Ishas) by their manager, Jevon Staffieri.
Who are Tricia Thompson and Felicia Repolio?
This is the percent of the loan amount that FHA charges up front as their mortgage insurance premium.
What is 1.75%?
This is the lowest possible expense factor that can be used on a Smart Self loan when documented by a CPA letter.
What is 15%?
This subsidiary of Rithm Capital provides appraisal management and valuation services.
What is eStreet Appraisal Management?
She isn't a deity, but she shares initials with one and has been know to perform miracles on loans. Her only fault is she's a St. Louis Cardinals fan.
Who is Jennifer Corcoran (JC)?
The VA charges this percentage of the loan amount to first time users of their entitlement as a fee to guaranty the loan.
What is 2.15%?
This is the minimum debt service coverage ratio on a SmartVest when the LTV is no more than 70% and the credit score is no less than 720.
What is .80?
Rithm recently announced an acquisition of this asset management firm with $34 billion in assets under management.
What is Sculptor Capital Management?
This Wholesale leader may mispronounce your name, but he's as genuine and caring as they come.
Who is Anton "Tony" Kottenbrock?
This is the automated underwriting system used for USDA loans.
What is GUS?