Whether your borrower is self-employed, a foreign national, or a property investor, LendSure offers cash-out options so that they can access the equity in their homes. LendSure offers cashout programs up to $1,000,000 and it’s available across practically all our Non-QM loan programs.
Available across all loan programs, including 12- and 24-Month Bank Statement
DSCR interest only cash-out qualifies on the IO payment with loan amounts up to $1,000,000
Cash out can be applied to reserves
Available for Non-Warrantable condos
Exceptions to cash-out amount will be considered based on overall profile
Contact your LendSure Account Executive to talk through your borrower’s loan scenario today.
Did you know that there are over 43 million investment properties in the United States?
Debt Service Coverage Ratio (DSCR) loans focus only on the cash flow of the rental properties, with no other income documents required!
Today’s property investors typically own multiple properties and are continually adding to their investment property portfolios. Learn how you can create a steady stream of purchase and refinance loans by meeting the needs of these property investors.
You’ll Learn:
How to calculate rental income DSCR (Debt Service Coverage Ratio)
Where to access property investors in your area
How to lower rates for property investors with our exclusive “buy down” feature – with no additional cash at closing
The various documentation options available and how to find the perfect fit for your borrower
How to offer enhanced program features not found in conforming investment property loans
LendSure now offers a 2-Month Bank Statement Programs come with extensive, common-sense prequalification, usually within 24 hours. You can say yes with confidence, knowing that LendSure has minimized surprises down the road.
Only 2 months of Personal or Business Bank Statements needed
12 months of 3rd Party CPA prepared P&L statements required
Available for owner-occupied properties
Highly competitive rates and unsurpassed funding times
LTV up to 70%
Loan amounts up to $3,000,000
Borrower does not have to be 100% owner of the business
Business expense ratio as low as 10%
Must be self-employed in the same business for 2 years
720 minimum credit score
Our knowledgeable Account Executives are experts in Non-QM loans and will help you find solutions for your borrowers so you can close more deals each month. Contact your LendSure Account Executive to talk through your borrower’s loan scenario.
Originate More Purchase Business and Realtor Referrals.
In today’s highly competitive housing market, having the right solutions is crucial to getting more purchase business and realtor referrals. In this brief, but jam-packed webinar, learn about:
Loans that help borrowers make non-contingent purchase offers
Generating more referrals from Real Estate Brokers
Attracting more purchase business
Emerging opportunities and how to capitalize on them
Whether your borrower is self-employed, a foreign national, or a property investor, LendSure offers cash-out options so that they can access the equity in their homes. LendSure offers cashout programs up to $1,000,000 and its available across practically all our Non-QM loan programs.
Program features:
Available across all loan programs, including 12- and 24-Month Bank Statement
DSCR interest only cash-out qualifies on the IO payment with loan amounts up to $1,000,000
Cash out can be applied to reserves (except DSCR)
Available for Non-Warrantable condos
Exceptions to cash-out amount will be considered based on overall profile
Loan Programs Designed For Self-Employed Borrowers
Offer self-employed borrowers loan programs designed around their unique needs. LendSure’s bank statement loans feature common-sense underwriting that considers the challenges of self- employed borrowers.
Program Features:
All pre-qualifications are performed by experienced, in-house professionals, usually within 24 hours
P&L statements NOT required on most programs
LTV up to 90%
Loan amounts up to $3,000,000
Multiple business bank accounts permitted
Business bank statements and personal bank statements permitted
Business expense ratio as low as 10%
Borrower does not have to be 100% owner of the business
Common-sense consideration of NSFs and overdrafts
Highly competitive rates and unsurpassed funding times
Contact your LendSure Account Executive to talk through your borrower’s loan scenario.
In today’s highly competitive home purchase market, making a non-contingent offer can make the difference in whether an offer gets accepted. Learn how LendSure’s Bridge Loan program let’s borrowers access the equity from their current home and use it for a down payment on a new property, without any monthly payments. The bridge loan pays off the mortgage on the current home while providing cash out for the new home purchase.
Webinar Highlights:
Borrowers can make non-contingent purchase offers
Since there are no monthly payments, borrowers’ DTI can qualify for the new purchase loan
Generate more referrals from Real Estate Brokers
Attract more purchase business
Generate referrals from local developers
LendSure offers a number of innovative Non-QM Loan Solutions to help you be successful in today’s homebuying market. Contact your LendSure Account Executive to learn more about our Non-QM programs.
