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FREE WEBINAR -  NEWPORT STREAMLINE FIRST LIEN

Originate More Loans with Reduced Documentation Based on DU Findings 

JMAC Lending will hold a webinar on our new Newport DU-Based Jumbo Loan, including guideline changes to our Newport Non-Agency. Big features of the Newport Streamlined First Lien include:

  • Income, Asset and Reserve BASED ON DU Findings

  • Transferred Appraisals ACCEPTED

  • $100K to $2.5M
  • Max 45% DTI
  • Housing history: 0x30x12
  • Interest-Only Options
  • A+ Grade Pricing
  • Bankruptcy, Loss Mitigation, and Foreclosure requires 4-years seasoning for each event type; multiple foreclosures allowed but not bankruptcies
  • Min. FICO 600
  • LTVs same as base first lien matrix (A+ grade)
  • All Fixed, ARM and 40-year Interest-Only programs allowed
  • Business funds and foreign assets allowed
  • Allowance of gift funds (minimum 5% of the borrower’s own funds) regardless of LTV

WedNESDAY, SEPT. 19 AT 1:00 P.M. PST

REGISTER TODAY AS SPACE IS LIMITED

WIN A $100 AMAZON GIFT CARD

You could win a $100 Amazon Gift Card when you register and attend the Webinar. Winner will be chosen at the conclusion of the webinar. Must be in attendance to win.
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