Emporium TPO’s Post

Full Doc Loan Funded 🎉 This purchase loan was cleared to close in 29 days! Reach out to your Account Executive to get started on a Full Doc submission for your clients! Loan Amount- $185,000  Sub to fund-34  Sub to CtC-29 Loan Type: 30Y Fixed- Purchase  Credit Score - 689  LTV- 54%  Doc Type- 24 mo Wage Earner *Terms for illustrative purposes only

Is a Non-QM Full Doc loan right for my client?  Our Empower Full Doc program may fit small business owners, investors, or other self-employed individuals, who believe they would not qualify for a traditional agency loan.   Clients with multiple jobs, seasonal income, or commission income may qualify for Full Doc Non-QM loans.  Some scenarios we see within our Full Doc program:  Commision based sales position borrower  Full time borrower with an end of the year bonus  Multiple borrowers with different documentation  Personal Tax Return plus 12 mo P & L    Contact your Account Executive to learn more about our Full Doc Program! 

Have a client looking for a business-purpose loan? Have they been self-employed for at least a year? Emporium TPO has programs they may qualify for! Business purpose loans can come in through a number of our loan programs, including W-2s or bank statements. Reach out to an Account Executive to discover more about our options.  

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🎉 

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!