Correspondent Corner
June 27, 2019
Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our most competitive Life Insurance correspondent lenders in the market.
- Loan amounts range from $500,000 – $20,000,000 with a focus on $2,000,000 – $10,000,000
- Nationwide lending platform
- All property types considered
- 25-30 year amortizations are available
- Interest only for low leverage deals
- Flexible prepayment penalty available
- Non-recourse and partial recourse available on ≤50% LTV