I am interested in
---Branch Manager PositionLoan Originator Position
Most property types except Co-ops, condohotels. Some property types are not eligible for certain programs. Some property types also require the loan to be underwritten at the investor.
Underwriting turn times are less than 2 days, generally 24 hours. Most loans close between 21 to 27 days depending on the loan and contributing variables.
Yes, we have seasoned processors that will provide you with a needs list within 1 day.
The cost is $595 per closed loan and is collected on the LE/CD.
Yes, we offer in house underwriting. Some programs or properties might require 2nd level review. Plus, You have access to discuss files with your underwriters.
We have a transition team to help you.
1 or 2 units
(No luxury items)
$35,000 cap includes required contingency and re-inspections.
Home must be safe, sound and structurally secure according to conventional standards prior to closing.
· Total acquisition cost including all construction related expenses
· Or from the ‘as completed’ value of the home
*Please Note: Details above constitute a condensed overview of guidelines and are not an exhaustive list. Consult your Loan Officer for all restrictions and guidelines pertaining to your situation as not all guidelines are listed.