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Cameron

Member

April 24, 2024 at 9:54 pm in reply to: Mortgage Broker MAX Compensation

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 paid comp allows you to do is charge less than your lender paid comp you have chosen if needed to.

And charge up to the MAX allowed Via lender paid comp.

So if you choose 2.75%- MAX borrower paid comp is also 2.75%

Let me know if you have any other questions! 🙂

Cameron

Member

January 3, 2024 at 5:24 pm in reply to: NON-QM QUESTIONS & FAQ’s FROM AN AE’S POV

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!

Cameron

Member

November 9, 2023 at 7:53 pm in reply to: How real estate brokerage ruling could impact home buyers and sellers

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

Cameron

Member

November 9, 2023 at 7:52 pm in reply to: How real estate brokerage ruling could impact home buyers and sellers

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

****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 while now ) on your borrowers to get deals done, I think this will open up a chunk of the buyers market that we haven’t seen in a while.***

Cameron

Member

October 27, 2023 at 4:33 pm in reply to: NON-QM QUESTIONS & FAQ’s FROM AN AE’S POV

Thank you Gus!

For our Seconds, our MAX DTI is 50%

DTI

• 50%

• 45% with an I/O senior lien

Cameron

Member

February 29, 2024 at 6:43 pm in reply to: NON-QM QUESTIONS & FAQ’s FROM AN AE’S POV

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

Cameron

Member

February 28, 2024 at 12:08 am in reply to: NON-QM QUESTIONS & FAQ’s FROM AN AE’S POV

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

Cameron

Member

January 5, 2024 at 10:52 pm in reply to: NON-QM QUESTIONS & FAQ’s FROM AN AE’S POV

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

Cameron

Member

January 3, 2024 at 8:14 pm in reply to: NON-QM QUESTIONS & FAQ’s FROM AN AE’S POV

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,

Cameron

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