SAN DIEGO, Jan. 7, 2020 /PRNewswire-PRWeb/ -- LendSure Mortgage Corp. (http://www.LendSure.com), a leading provider of Wholesale home loans for mortgage brokers and their consumer home loan clients, is excited to announce the launch of their Bridge Loan Program. The Bridge Loan is an innovative new loan program that helps homeowners compete for homes in a tight housing market. This new loan program augments the company's comprehensive range of mortgage product offerings.
LendSure's Bridge Loan is a short-term (one year), single-payment loan which allows homeowners to access the equity in their current primary residence to use as a down payment on a new home, without monthly payments on the bridge loan. In a hot housing market, this empowers the homeowners to make a more competitive, non-contingent offer on the new home, since it won't depend on the sale of their current home.
Borrowers who receive LendSure's Bridge Loan have up to one year to sell their current home and pay off the bridge financing, without having to make monthly payments in the interim.
"This innovative program is a great way for loan originators to create more value to their real estate broker partners and their home-buying clients and empowers brokers to differentiate themselves in the market," said Todd Harris, National Sales Director at LendSure. "We are very excited to provide a loan program, backed by LendSure's responsible underwriting and solid operations, that is truly a win for loan originators, real estate brokers, and borrowers."
Mortgage brokers can learn more about LendSure's Bridge Loan program by registering for the webinar on January 15, 2020. Interested mortgage brokers and loan officers can learn more at http://www.LendSure.com.
About LendSure Mortgage Corp.
Headquartered in San Diego, California, LendSure Mortgage Corp. (http://www.LendSure.com) was founded in 2015 to help mortgage professionals better serve their clientele by offering a more comprehensive range of Non-QM loan programs to meet their needs. The company has since expanded nationally with regional centers in Ohio, Georgia, and Rhode Island.
LendSure creates home loan programs for borrowers that do not meet traditional mortgage guidelines. LendSure's focus on hands-on customer service, common-sense underwriting, innovative loan programs, and unsurpassed funding times has made it one of the nation's fastest-growing and leading Non-QM wholesale lenders.
SOURCE LendSure Mortgage Corp
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