Expanded Approval Loans Offer Greater Mortgage Flexibility
LendSure Expanded Approval Loans
LendSure’s “Expanded Approval” enhanced loan programs feature higher LTVs, larger loan sizes, mortgage rating tolerance and highly competitive pricing to help you serve more borrowers.
- Up to 85% LTV
- 12-Month or 24-Month Bank Statement Program with pre-underwriting in as little as 24 hours
- Personal or business bank accounts permitted
- Little or no seasoning on bankruptcy, foreclosure, short sale or loan modification (see guidelines)
- Full Doc, Full Doc Self Employed, Bank Statement, or Asset Depletion/Qualifier
- Non-warrantable condos and condotels permitted
- Loan amounts up to $3,000,000
- Cash-Out up to $500,000
- Flexible on bank NSFs and overdrafts
- Up to 2.5 points lender-paid compensation available without increasing the borrower’s rate (up to 82% LTV)