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 90% LTV with no mortgage insurance
- Personal or business bank accounts permitted
- Little or no seasoning on bankruptcy, foreclosure, short sale or loan modification (see guidelines)
- 10-Year Interest-Only and 40-year loan term available
- Non-warrantable condos permitted
- Loan amounts up to $2,000,000
- Flexible on bank NSFs and overdrafts
- Up to 2 points lender-paid compensation available without increasing the borrower’s rate
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