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Rose Waldie

Webinar: Winning in a HOT Purchase Market with Bridge Loans

By | Mortgage Professional Webinars | No Comments

In today’s highly competitive home purchase market, making a non-contingent offer can make the difference in whether an offer gets accepted.

Learn how LendSure’s Bridge Financing program lets borrowers access the equity from their current home and use it for a down payment on a new property, without any monthly payments. The bridge financing pays off the mortgage on the current home while providing cash out for the new home purchase.

  • Borrowers can make non-contingent purchase offers
  • Since there are no monthly payments, borrowers’ DTI can qualify for the new purchase loan
  • Generate more referrals from Real Estate Brokers
  • Attract more purchase business
  • Generate referrals from local developers

Webinar: Panel Discussion: Tapping Into the Foreign National Market

By | Mortgage Professional Webinars | No Comments

Did you know that Foreign Nationals purchase almost $80 billion in real estate in the U.S. annually?

In this brief, but informative webinar, we’ll review the foreign national lending opportunities as well as everything you need to tap into this lucrative market and start growing your sales today.

  • How to uncover opportunities and find prospects
  • Funding with no USA credit, income or tax returns
  • Funding with no social security number
  • Strategies for evaluating foreign credit and income
  • Loan options for various residency types
  • Unique underwriting challenges and how to manage them
  • The loan features that foreign national borrowers care about most

Foreign National mortgage loans can be complex, but with LendSure’s help, you don’t have to be an underwriting expert to start originating foreign national loans.

Webinar: Panel Discussion: Emerging Opportunities in Non-QM

By | Mortgage Professional Webinars | No Comments

In this lively and interactive panel discussion, our non-qm experts will answer your questions and discuss how you can capitalize on today’s emerging lending opportunities.

  • Latest trends in today’s lending landscape
  • Loan programs that are “hot” in today’s market
  • Handling of post-COVID issues such as PPP loans, forbearances, extended unemployment benefits, and gaps in income
  • Structuring loans based on the borrower’s unique needs so you can win more deals
  • The growing appetite for Jumbo programs to serve the high-end home market
  • Positioning yourself for success post refi boom

Webinar: All About Non-Warrantable Condos and Condotels

By | Mortgage Professional Webinars | No Comments

Today’s highly competitive housing market is creating a huge opportunity for non-warrantable condos and Condotels. Learn everything you need to know to capitalize on today’s hot market and originate more business in the next 30 days.

  • How this year’s housing trends are transforming the condo market
  • Limitations on conforming condo loans
  • Which areas are “smoking hot” for condotels
  • Important guidelines that you need to know

Jumbo Just Missed – An Easier Solution with LendSure

By | Uncategorized | No Comments

Jumbo Prime Just Missed

Loans up to $3,000,000 & Rates Starting at 3.125%

LendSure offers expansive Jumbo loan options so you can close larger loans with a lot less hassle.

  • Rates starting at 3.125%
  • Pricing is LTV and FICO driven – LTV’s less than 70% – rates are in the low to mid 3’s
  • No adders for self-employed borrowers
  • Cash out – up to $2.5MM
  • Non-warrantable condos will be considered.
  • Condo-tels will be considered.
  • Unlimited properties on the borrower’s REO schedule are okay.
  • Interest Only (10 year – 40 year available)
  • RSU income is okay – (we do not have a one-size fits all approach to the use of RSU income)
  • 6–12-month reserve requirement – not 18
  • Crypto-currency will be considered on a cases-by-case basis.
  • Major credit events seasoning – 4 years
  • DTI’s to 45% – no adder, can get to 50% w/adder
  • Business Assets CAN be used for reserves.
  • If Full Package – close your loan in 10 day.  Yes, we will use the appraisal you have in hand!
  • Bank statement income okay – 12 and 24 month programs
  • Aggressive Asset Depletion Program as well
    • Use cash out for depletion income
    • Assets divided by 60 months

Contact your LendSure Account Executive to discuss your Jumbo loan scenarios.

Contact Us: (888) 707-7811