MARKET UPDATE BLOG
Correspondent Corner
September 6, 2018

Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our most competitive Life Insurance Company correspondent lenders in the market:

  • Loan amounts range from $500,000 – $20,000,000
  • Nationwide lending platform
  • 25-year amortizations are typical. 30-year amortizations available on a case-by-case basis.
  • Will consider non-recourse at lower LTV
  • Retail, office, industrial, and multi-family, MHP, and mini-storage properties considered
  • Rate locks at application with 1% deposit
  • Max 75% loan-to-value (LTV)
  • Ok with short-term leases or rollover, mom and pop tenancy, ground lease, and leasehold properties