Full spectrum Wholesale Lender. FHA (Manual Underwrite)/Alt-A/Fannie/Freddie.
If you are a FHA Lender and there are some loans that do not go through your LP System and it is necessary that they be manually underwritten. Those are the loans that I want, your tough FHA loans. Please read carefully!
Got a story loan that you are dying to tell and it won't meet anyone's guidelines?
· Always stuck with a pre payment penalty when your Borrower swears their Score is going to 700 in several weeks? (How about no pre pay and you may do a streamline in 6 months with no costs to Borrower)
· Tired of your tough loan Borrowers having to bite on a 9% rate? (How does 7.125% on a 30 year fixed sit with you?)
· Are you always being told that you don't have enough trade lines? (Little or none may work)
· Borrower has gift funds from family member and Lender won't allow it? (Gift funds are not a problem for the entire down payment)
· Borrower may want to refi and you only have to worry about his mortgage history not their other Credit. (FHA has a streamline program that only looks at the mortgage history)
· Are you always losing a deal because your Borrower has no reserves? (No reserves are required)
· Remember FHA will do a 95% LTV Cash Out even if the property has just been listed, they wiil do that from a conventional to a FHA loan.
None of the above is a problem with Weststar’s FHA Program!
If you are not FHA Approved we will sponsor you and get you on track to getting your tough loans done that you are now discarding .
If you are a Mini Eagle and you are wondering why you cannot get your loan through the AUS System , just send me your FHA loan that you cannot get done and let me show you!
*This is a Full Doc loan scenario.
Leslie J. Kon Account Executive WestStar Mortgage Inc. 1775 Wiehle Avenue Reston VA 20190 703-200-3150 - Voice FaxTo: 866-849-0670 MailTo: lkon@weststarmortgage.com
