theLender was created to make a difference. As a group of proven industry leaders who recently founded one of the largest and fastest growing Wholesale mortgage companies in the USA, we aim to change the stagnant landscape of wholesale
mortgage – one partnership, one loan, and one day at a time.
PRODUCTS
Here’s some of our top QM mortgage products: FHA, Veterans (VA), USDA (Rural) and Conventional Mortgages.
FHA Approved Mortgage
- Minimum credit score: 550 AUS approved, 580 manual
- Non-Credit Qualifying Streamline refinances allowed
- Gift funds allowed for down payment and closing costs
- Cash out 80% LTV
VA Mortgage
- Minimum credit score: 580 AUS approved, 620 manual
- Cash-out up to 100% LTV
- Foreclosure/Short Sale/Bankruptcy <2 years allowed with AUS Approval
USDA Mortgage
- Minimum credit score: 620
- 100% maximum LTV
- No maximum loan amount
- Rate/Term refinances allowed
Conventional Mortgages
- 620 min score
- Fannie Mae
- Freddie Mac
- Standard and High Balance
- Home Ready
- Home Possible
2-1 Buydown
2-1 Buydown
- Use Seller concessions to temporarily buydown rate.
- 1st year reduced interest rate by 2%
- 2nd year reduced interest rate by 1%
- 3rd and beyond interest rate resets to original qualifying rate.
- Loan is qualified off pre buydown rate.
Eligible for Conventional Primary and Second home purchase transactions
- Min fico 620
- Standard Balance and High Balance
- 1-4 units eligible (Primary)
- SFR, Condo & PUD
Eligible for FHA Owner occupied purchase transactions
- Min fico 580 for max ltv up to 96.5%
- Min fico 550 for ltv’s up to 90%
- 1-4 Units eligible
- SFR, Condo & PUD
ANNOUNCEMENTS
Credit Policy Announcement
Temporary Conventional Credit Updates
Temporary Appraisal Inspection Relief
FHA Loans
Temporary Appraisal Inspection Relief
USDA Loans
