Wholesale Jumbo Product

Wholesale Jumbo Product

Hello,

   My name is Chris Tanael, I work with Drop Mortgage, in Encinitas, CA. We offer a unique purely exception based Jumbo product underwritten around compensating factors, and We are Approving New Brokers!!

  • 24 Months Business or Personal Bank Statements
  • 500K+ Loan Amounts 70-75% Ltv; 5,7,10/1 ARMs
  • Up to $10mm (able to go higher with exception)
  • 49-7.99%  (Interest Only Option)
  • Down To 620 fico(lower with exception)
  • NO SEASONING on Foreclosures, Short Sales, BK (with compensating factors)
  • DTI 60% or higher (exception based)
  • Able to close in 10-12 Business Days with TRID, makes this is a great program to save any fallout.
  • Foreign National, TIN# Or Residential in the Name of Corp. NO Fico, Foreign Funds/Reserves OK

 

  

We offer this financing on Primary, or Investment Purchases and Refinance. We were recently featured in The Wall Street Journal, and since have decided to make this great option available to be used by qualified Brokers. Lets schedule a time to speak and see if this program is something for your client base. Let’s eliminate your fallout for all near miss Jumbo Loans.

Top reasons to send deals to Drop Portfolio product 

  • Timing (Fast Closing)
  • Human “make sense” underwriting 
  • High DTI
  • Lend to a corporation
  • Hard Money type lending guidelines with Alt A rates. 
  • Interest only on non-prime

CLICK HERE TO SUBMIT A SCENARIO TODAY!!!

Regards,

 

 

 

 

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