Correspondent Corner
October 18, 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 $5,000,000 – $50,000,000
- Nationwide lending platform with a preference towards large MSA’s
- 25-year amortizations are typical. Interest only is available on a case-by-case basis.
- Non-recourse with recourse carve-outs
- Retail, office, industrial, multi-family, and hospitality loans will be considered
- Rate locks at application
- Variable rate loans along with 3-20 year fixed rate loans are available
- Forward pricing (rate lock up to a year in advance) is available
- Aggressive interest rates are available for high-quality transactions