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All Posts By

Rose Waldie

Jun 14
2

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.

Jun 09
2

Close More Jumbo in June

By | Uncategorized | No Comments

Non-QM Jumbo Loan Options

Loans up to $3,000,000

LendSure’s Jumbo loans offer more loan options so you can close larger loans this month.

  • Rates starting at 3.25%
  • 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.

May 12
2

Webinar: Originating More Jumbo Loans

By | Mortgage Professional Webinars | No Comments

Jumbo loan originations are expected to soar in the coming months. In this comprehensive webinar, our Jumbo Loan experts will guide you on how to tap into this lucrative market and start originating more Jumbo loans in the next 30 days.

  • How shake-ups in the jumbo industry have created new opportunities
  • Tapping into emerging markets
  • How to rescue your jumbo fallout deals
  • Practical strategies for lowering rates
  • Innovative income documentation strategies

LendSure offers a number of innovative Non-QM Loan Solutions to help you be successful in today’s homebuying market.  Contact your LendSure Account Executive to learn more about our Non-QM programs.

Apr 26
1
LendSure Mortgage Rate Buy-Down

LendSure Financed Rate Buy-Down

By | Featured Program

LendSure Financed Rate Buy-Down

Finance Lender or Broker Points with No Additional Cash at Closing

LendSure offers borrowers the additional flexibility to buy down their rate and finance the points.

Program features:

  • Lender and broker points can be financed into the loan (up to 2%)
  • Financed points do not raise the LTV pricing bucket
  • Up to 87% LTV when financing points (at the 85% pricing tier)
  • Borrower does NOT have to bring additional cash to close
  • Lower rate significantly lowers the borrowers’ monthly payment
  • Finance broker points for borrower-paid comp
Submit Your Scenario
Apr 15
10

Webinar: All About Bank Statement Loans

By | Mortgage Professional Webinars | No Comments

In today’s economy, self-employed borrowers have had difficulty qualifying for a mortgage because of challenges documenting their income, write-offs on their tax returns, and various other difficulties. In this brief but informative webinar, you will discover the keys to overcome these challenges while making the loan process as smooth as possible.

Discover how to:

  • Tap into this lucrative market by offering solutions designed for the unique needs of self-employed, business owners, and high-commission salespeople
  • Obtain bank statement qualifying income without a full loan package
  • Expand your market share and grow referrals by finding and marketing to local prospects
  • Address common misconceptions about loans to business owners and people with higher than average write-offs
Mar 30
9
Win More Purchase Deals With Our Unique Non QM Loan Options

Win More Purchase Deals with These Unique Non-QM Options

By | Uncategorized | No Comments

LendSure has designed loan programs that are designed to meet the needs of today’s buyers so they can make more winning offers. Check out some of our key program options.

  • Fast Funding for Fannie Fallout – We’ll accept transferred appraisals and close in 3-8 days with a full package submission.
  • Obtain an extensive, common-sense pre-qualification from an experienced in-house underwriter, not a computer-generated pre-qual.
  • 2-, 12- and 24-month Bank Statement programs
  • Buy down rate with no additional cash at closing. Secure a lower interest rate with no out-of-pocket costs
  • Investor Cash Flow – Your ratio is your income with no other income docs required.  DSCR Ratio of .75 for purchase and 1.0 for refinance. AND Qualify on 10-Year IO payment!
  • Loan amounts as high as $3,000,000
  • Cash Out up to $1,000,000
  • No reserves required for LTVs under 65%
  • Condotels and Non-warrantable Condos Financing
  • Highly competitive rates and unsurpassed funding times
  • Qualify for higher loan amounts by combining Full Doc income with Asset Depletion

Contact us today and let’s discuss your loan scenario.

Mar 28
9
Investment Properties Financing Options

Financing Options for Investment Properties

By | Featured Program | No Comments

Full Doc & 12- & 24-Month Bank Statement

  • Up to 80% LTV Purchase | 70% LTV Refi
  • Loan Amount up to $3,000,000
  • Cash Out Up to $500,000

Investor Cash Flow (DSCR)

  • Debt Service Coverage Ratio of .75 for Purchase and 1.0 for Refis
  • Up to 80% LTV
  • Loan Amount up to $1,000,000
  • Cash Out Up to $500,000

Foreign National

  • Up to 75% LTV
  • Loan Amount up to $500,000
  • Cash Out Up to $500,000

Across All Programs

  • Qualify on 10-Year Interest Only – Great for cash flow!
  • Buy Down Rate with No Additional Cash at Closing
  • No Reserves Required for LTV under 65%
  • Highly competitive rates and unsurpassed funding times
Mar 22
9

Cash out up to $1,000,000

By | Featured Program | No Comments

Whether your borrower is self-employed, a foreign national, or a property investor, LendSure offers cash-out options so that they can access the equity in their homes. LendSure offers cashout programs up to $1,000,000 and it’s available across practically all our Non-QM loan programs.

Non-QM Cash Out

  • Available across all loan programs, including 12- and 24-Month Bank Statement
  • DSCR interest only cash-out qualifies on the IO payment with loan amounts up to $1,000,000
  • Cash out can be applied to reserves
  • Available for Non-Warrantable condos
  • Exceptions to cash-out amount will be considered based on overall profile

Contact your LendSure Account Executive to talk through your borrower’s loan scenario today.

Mar 17
1

Webinar: All About DSCR Loans

By | Mortgage Professional Webinars | No Comments

Did you know that there are over 43 million investment properties in the United States?

Debt Service Coverage Ratio (DSCR) loans focus only on the cash flow of the rental properties, with no other income documents required!

Today’s property investors typically own multiple properties and are continually adding to their investment property portfolios. Learn how you can create a steady stream of purchase and refinance loans by meeting the needs of these property investors.

You’ll Learn:

  • How to calculate rental income DSCR (Debt Service Coverage Ratio)
  • Where to access property investors in your area
  • How to lower rates for property investors with our exclusive “buy down” feature – with no additional cash at closing
  • The various documentation options available and how to find the perfect fit for your borrower
  • How to offer enhanced program features not found in conforming investment property loans

Contact Us: (888) 707-7811