Emporium TPO

The independence celebration continues with a Cash Out Refinance Interest Only loan funded in 24 days! If you have a loan scenario like this funded loan, contact an Account Executive to start with Emporium TPO. Loan Amount- $298,926  Loan Type: 30Y Interest Only – Cash Out Refinance  Sub to fund: 24 days Sub to Ctc: 19 days  Credit Score: 718  LTV: 64%  DSCR- 1.66  *Terms for illustrative purposes only

"Where liberty dwells, there is my country." — Benjamin Franklin  Happy Independence Day from Emporium TPO🎉 

Emporium TPO is closed tomorrow, July 4th, in observance of Independence Day. We will reopen with normal business hours on Friday, July 5th. 

Have clients looking for their first investment property? Keep Emporium TPO’s DSCR loans in mind! DSCR loans are specifically designed to assist real estate investors in financing their properties, income utilized for qualification is based on the rent cash flow generated by the investment property. Our DSCR program permits first time investors! Contact an Account Executive today to learn more about DSCR loans! 

Did you know @EmporiumTPO can be found on all social media platforms? 📱  Be sure to follow us everywhere to keep up to date on our programs, Account Executives, and more! 

Alt Doc Bank Statement mortgage program is an excellent option for self-employed borrowers who need an alternative method to show the true cash flow of their business.  Borrowers do not have to own 100% of the business. Our Business Bank Statement program provides a loan solution to help borrowers qualify from their credit history and their Business Bank Statements. Get started with your first submission with bank statements! Reach out to an Account Executive today. 

Emporium TPO is dedicated to stimulating, anticipating, and embracing change. Our products are no different. We strive to provide innovative mortgage solutions for those whose needs aren’t best met with conventional financing. We are dedicated to serving professional mortgage brokers!  Book a discovery call with any of our Account Executives to learn more about partnering with Emporium TPO! 

The Alt Doc program is a solution for self-employed business owners or other clients with at least 12 months of P&Ls available. This purchase loan was cleared to close in 16 days! Visit our website for more products and info on our Account Executives Loan Amount: $750,000  Loan Type: 30Y Fixed - Purchase  Sub to CTC: 16  Sub to Fund: 22  Credit score: 731  LTV: 39.4%  Doc Type: P&L  *Terms for illustrative purposes only 

Have a self-employed borrower wanting to use P&Ls? Profit and Loss (P&L) Statement mortgages offer a solution to business owners or other clients with at least 12 months of P&Ls available. Our Empower Ease Alt Doc program allows us to determine the monthly qualifying income of your clients based solely on P&L statements prepared by a licensed third-party CPA or tax preparer*. This means no tax returns, transcripts or bank statements are needed to qualify under this program.  Ready to submit a P&L loan with Emporium TPO? Contact an Account Executive to learn more.  *Some Restrictions May Apply

Are you frequently encountering borrowers that fall into one of these categories?  -1099 Income Earners  -P&L borrowers  -Social Media Influencers  -Gig Workers  -Individuals with Multiple Jobs  -One-Year Self-employed Professionals    -First Time Investors  -Seasoned Real Estate Investors  -Investors with Short-term Rentals  -Including Airbnb & VRBO Hosts* Qualifying for conventional loans is not something everyone can do. There are different routes to achieve a mortgage for home or investment. Our Non-QM products may be the answer.     Contact your Account Executive to learn more about our programs!  *not affiliated with Airbnb or VRBO.