Slam Dunk Lender Credit on West Coast Non-QM Loans!

Industry News Non-QM Loans
March 01, 2023
Slam Dunk Lender Credit on West Coast Non-QM Loans!

(Hollywood, FL) — Attention, mortgage brokers! It’s time to kick off March Madness with some unbeatable savings. Starting March 1st, you can get 0.25 lender credit on Non-QM purchase loans locked in Arizona, California, Oregon, Nevada, and Washington. This is a basketball court-sized opportunity you won’t want to miss: take advantage of it now before the final buzzer chimes! With low lock fees and unbelievably low rates, there is no better time than now to find your hot deal on a mortgage. So, lace up your sneakers and join us for this slam dunk of an offer — valid through March 15th only.

You read that right: lock a loan with us and get a 0.25 lender credit! 

Act fast for your chance at basket-winning savings!

“We’re thrilled to be able to extend this special offer to our West Coast customers,” said Mike Majidian, Wholesale Team Manager for A&D Mortgage’s West Coast Sales. “This is a great way for us to show our appreciation and help make the process easier for those looking to purchase a home.”

With this lender credit promotion from A&D Mortgage, now is the perfect time for borrowers seeking Non-QM loans in Arizona, California, Oregon, Nevada and Washington to apply for financing. Not only will they save money with the lender credit promotion, but they’ll also benefit from the flexibility that comes with these types of loans.

Whether your clients have self-employed income or other unique circumstances that don’t fit into standard mortgage qualifications, there’s no need to worry – this promotion has them covered!

At A&D Mortgage we understand that purchasing a home can be intimidating and stressful – so why not take advantage of this amazing offer? Contact your local Account Executive today and start down the path toward homeownership!

 

For more information on A&D Mortgage, visit www.andmortgage.com today.

 

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Disclaimer: This offer is valid for any new Non-QM purchase loans locked between 3/1/23 and 3/15/23. The borrower will receive a lender credit of 0.25 bps toward closing costs at the time of closing. Properties must be located within California, Washington (business purpose loans only), Oregon, Nevada, or Arizona. Offer cannot be used in conjunction with any other published offer and its terms and conditions are subject to change without notice.

Allowed Property types include:

Prime/Super Prime:

Single Family Residences, Townhomes, Condo Warrantable/Non-warrantable (Limited Review OO: 85% (FL 75%) CLTV Max, Inv & 2nd Home:75% (FL 70%) CLTV Max ), Condotel, 2-4 Units (not available for 2nd home), PUD, SFR Rural (70 CLTV Max, Min FICO 680), Manufactured housing (70 CLTV Max, Min FICO 680), Short term rentals (70% CLTV Max), Leasehold and mixed-use.

DSCR/Foreign National DSCR:

Single Family Residences, Townhomes, Condo Warrantable/Non-warrantable (Limited Review 75% (FL 70%) CLTV Max), Condotels, 2-4 Units (80 CLTV Max), PUD, Short-Term Rentals (70% CLTV Max), Leasehold, SFR Rural (70 CLTV Max, Min FICO 680), Manufactured housing (70 CLTV Max, Min FICO 680), Multifamily property (70 CLTV Max, Min FICO 680, DSCR ≥ 1.1), Mixed Use (70 CLTV Max, Min FICO 680, DSCR ≥ 1.1)

Foreign National Full Doc

Single Family Residences, Townhomes, Condo Warrantable/Non-warrantable, Condotels, 2-4 Units, PUD, SFR Rural (70 CLTV Max, Min FICO 680), Manufactured housing (70 CLTV Max, Min FICO 680), Short-Term Rentals (70% CLTV Max), Multifamily property (70 CLTV Max, Min FICO 680, DSCR ≥ 1.1), Mixed Use (70 CLTV Max, Min FICO 680, DSCR ≥ 1.1), Leasehold.

All other property types may be considered on a case-by-case basis.

Industry News Non-QM Loans