As the economy keeps sliding down, this problem will only get bigger. To solve this situation, you can offer a securities based mortgage to qualified buyers. 

By offering a stock based mortgage, you can increase revenues and profits while providing a creative solution to qualified borrowers. Of course, this kind of lending is not for everyone. However, for those who qualify, it can become a useful solution. 

When your customers use a stock based mortgage, the securities (stocks, bonds, mutual funds) that back the loan are the main factor on whether they obtain the financing. In other words, your borrower may have terrible credit or even bankruptcies and still qualify for the stock loan. 

These are some of the benefits of using a stock based mortgage:   

 No loan limit – Ideal for jumbo loan and super-jumbo loans 

 Below market interest rates – Rates range from 2 1/2% to 4 1/2% 

 High loan values – From 35% up to 80% 

 Non recourse loan – The borrower holds no personal responsibility 

 Quick response – Once we have the necessary information, the borrower will have an answer within 24 hours. The entire process can be completed within ten days.  

 Flexible terms at loan maturity – renew, refinance or pay off the loan 

The securities based mortgage is an interest-only loan with lower interest rates than a conventional loan. In addition, the stock secured loan lasts between 3 and 10 years; enough time for borrowers to clean their credit history and obtain new financing. 

To learn more about how a stock based mortgage can help you increase your profits by offering a valuable alternative to your clients, contact us. We are here to assist you in anyway we can.