Exciting Product Enhancements
To Start The Year Strong!
The Lending Corporation is excited to announce new product enhancements right out of the gate this year! We celebrated a historical record for non-QM funding in 2024, and we’re ready to do that again in 2025.
We are committed to helping you grow your business along with us.
Here are the highlights of our product updates:
Expanded-Prime
DSCR / BPL Foreign national borrowers can now borrow in the name of an LLC. Foreign national borrowers can now submit international consumer credit reports to establish acceptable tradelines. Expanded tradeline requirements for foreign national program.
Equity Advantage - Closed-End Second
Maximum LTV for cash-out refinances now goes up to 80% with a 740 minimum FICO and maximum loan amount of $1.5 million. Reduced ownership seasoning requirements for cash-out refinances to 6 months for subject property. Added P&L only documentation with maximum LTV of 70% for purchases / 60% refinance and maximum loan amount of $2 million. Delayed financing now has no restrictions on cash-out amounts to recoup cash within 6 months.
Maximum loan amount is now $750,000. Minimum FICO down to 660. Maximum CLTV up to 80% for second homes and investment properties. P&L only option now allowed. Cash-out ownership seasoning minimum is now 6 months. Limited tradelines allowed for primary only with a CLTV of 75%. Non-warrantable condos allowed.
Non-Prime
Reduced seasoning requirements for cash-out transactions to 6 months.
Let's close your real estate transaction with ease and an on-time close and fund.
Danijella Dragas
www.thelendingcorporation.com +1 949-400-5779 ddragas@thelendingcorporation.com
Company NMLS#:2621251 Personal NMLS#:1099405
"Control risk, the returns will take care of themselves"
This flyer is a promotional advertisement for loans offered through The Lending Corporation. All loans are subject to credit approval, and the terms are subject to change. THE LENDING CORPORATION NMLS 262125
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