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Village Capital & Investment LLC
I would like to share the latest updates and offerings from Village Capital and discuss how they can benefit your team in the current market:
– 500 minimum score on FHA, with no overlays, TBD and Manual Underwriting– No minimum score on VA (no overlays); this is our most flexible product.
– Scenario Support: Send us your scenarios for FHA, VA, and USDA loans, and our underwriting team will provide a detailed review.
– Broker Protection & Retention: To support client retention and protect our brokers, we now offer credit alerts. As your volume grows, we will also provide payoff alerts and marketing lists. Because we service our loans, this further reinforces our commitment to being a true partner.
– Expanded Conventional Servicing: We are now approved to service conventional loans, which will be available to the broker channel shortly, enhancing our competitiveness across all approved loan types.
– Competitive Pricing Flexibility: We can now request rate matches from other lenders and submit requests for pricing concessions when needed.
– Special Incentive: A 0.25 bps incentive on all purchases is currently reflected in our rate sheet and portal.
Please let me know if you have time for a brief call this week to discuss how these updates can support your business.Best regards,
Ryon Long
Village Capital801-895-2593
https://3593238086.encompasstpoconnect.com/#/content/home_246927
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1 Reply
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Highly recommend Ryon Long of Village Capital. Ryon’s company, Village Capital, honored its no-lender-overlay policy on FHA loans. The borrower had a mid-score of 549 FICO, with recent late payments. However, the borrower had a 20% down payment and was approve/eligible per AUS findings. As with other mortgage lenders during tough economic times, high inflation, high mortgage delinquencies, and inflation with affordability issues on new homes, Village Capital did have a rougher-than-normal closing process, which I do not blame them for. Anyways, Ryon is a great wholesale account representative and goes above and beyond. Better than most other wholesale mortgage lender account executives. Five-star plus. Ryon is correct. Village Capital does tough deals.
https://vilcap.com/about-us/our-team
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