Correspondent Corner
April 11, 2019
Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our most competitive correspondent lenders in the market.
- Loan amounts range from $1,000,000 – $50,000,000
- Nationwide lending platform with a preference towards large MSA’s
- Interest only available on a case by case basis
- No prepayment penalty
- Typically requires a personal guarantor
- Aggressive interest rates are available for 3, 5, 7, and 10-year fixed-rate terms
- The lender will lock in interest rate at application