thank you Gus!

This might be specific to theLender, but we actually allow you to choose your comp on our broker package.

It goes anywhere from .5% -> 2.75% – currently as of Today, NEXA is approved at 2.75%.

This can be changed quarterly if you like as well!

this also will set in place the MAX comp going borrower paid as well.

What borrower…

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hey Gus, i shot you an email – the work would need to be completed prior to application date.

Hey Gus!

At this time – we do not offer construction loans, but i have a great referral for you if you would like?

theLender will close on the new builds once completed, but my referral will do construction loans up to $50 million

Thanks for the link Ronda, FYI at theLender, We also have a 40 YR FIX & I/O option as well!

Hello Marcos,

The way pricing is with my company, this is the rate for both 30 YR & ARM’s.

please let me know if you have any other questions!

best,

Hello Everyone!

DSCR rates are now reaching Mid to low 7’s on your solid scenarios! Great start to the year!

Please drop your DSCR questions & comment if you have or know anybody that is need of DSCR

Have a great Wednesday!

Hello & Good Morning Everyone!

I wanted to create this new topic based on the recent crypto increases this week –

I am looking forward to hearing all your thoughts on what coins/token you have in your trusted portfolio & what you expect…

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**Honestly, from an Account Executives point of view, Closing costs kill deals just as much as rates can ~

Not sure why my prompt came out with codes, but here is my last statement~

****Were all getting ready for next year and hoping and wishing for the market to ease with inflation ASAP – Will this be a huge factor/reason for buyers to get back into the market? I think so, especially with the closing costs we have all been seeing ” Lately ” ( for a…

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Hello Everyone,

Here is a great read regarding Agent fees & commission caps for new buyers that you should start seeing in the near future !

This post from CBS news could be a HUGE interest to you. this is a MAJOR INSIGHT on what the Industry could come in contact with in the coming months~

” Experts said this week’s legal verdict that the…

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Thank you Gus!

For our Seconds, our MAX DTI is 50%

DTI

• 50%

• 45% with an I/O senior lien

Hello James,

back in 2021-2022 we had theNADA 100% FHA program allowing 1-4 units.

Unfortunately with the market we brought that down to 2 units-

Minimum fico is 680+

if you have a questions please let me know

thanks

Hello Everyone,

Some exciting news!!!!

NEW**** OUR GAP BRIDGE PRODUCT WILL BE ALLOWING 5-25 UNITS!

I will provide more info on Monday when it launches!

COMING NEXT WEEK!

Hey Gus,

Here is some info for ya!

A stand alone or piggyback equity second that allows homeowners to access the equity in their homes without losing their low interest rate firsts.

theSECOND

• Loan Amounts up to $550k
• FICOs starting at 660
• O/O Full Doc max 80% CLTV
• O/O Bank Statements max 80% CLTV
• N/O/O Full Doc max up to 80% CLTV
• N/O/O Bank Statement…

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Hey Gus,

We would need 12 month seasoning from most recent late – We do not allow 120 day lates for NON-QM

thanks!

Hey Gus,

We need 12 months seasoning minimum for all BK’s.

This guideline is new as we used to allow no seasoning with LTV drop-

When the market gets better so will our guidelines on this specifically ~ So maybe next year.

Hey Gus,

Scratch that – its actually 80%

80% is the Max For out 2nds if you need it for a piggy back, & even with seller carry seconds, we still would need the borrower to put down 80% of their own funds because MAX CLTV is 80%.

so no surpassing that

thanks

Hey Gus,

90% is the Max For out 2nds, & even with seller carry seconds, we still would need the borrower to put down 10% of their own funds because MAX CLTV is 90%.

so no surpassing that

thanks

Our MAX CLTV is 90% on our 2nds & Max total Lien requirement is maxed at $2.5 Million. So that will cause an issue too.