CRM, Verification, AI, MERS Review, Credit Monitoring Tools; Disaster Updates; STRATMOR CD Workshop

Broker and Correspondent Products NFTYDoor, an end-to-end digital HELOC platform, announced last week it is now operating as a fully independent company, enabling direct partnerships with wholesale brokers and private label correspondents. Brokers are already active on the new structure - submitting applications and closing loans today with no waiting period, supported by NFTYDoor's combination of AI-powered origination and real people on every loan. Key enhancements include minimum FICO reduced from 640 to 600, maximum CLTV increased from 80 to 90 percent, maximum loan amount increased from $500,000 to $750,000, borrower rates reduced by 100+ bps, increased compensation for partners, and a fully embedded no-cost warehouse line for private label partners. Available exclusively to partners contracting directly with NFTYDoor. More at nftydoor.com/home. “Our mascot is a pig, and there’s a reason: We love a Piggyback! Our Piggyback HELOC 2 nd can close simultaneously with a 1 st mortgage purchase or refinance. Our Post Close Piggyback HELOC can be submitted to Symmetry within 120 days after the 1 st mortgage closes. Why should you use the Symmetry Piggyback? You can break up a Jumbo loan into two loans and have the 1 st mortgage follow conventional guidelines. Our HELOC can go up to 89.99 percent CLTV on a 2nd lien primary residence up to $500k line amount. We have interest-only minimum payments during the draw period (plus annual fee) with no prepayment penalty or EPO. Lastly, our Piggybacks can utilize most of the same documentation as the 1 st mortgage, including an appraisal. Call your Symmetry Area Manager today to run through scenarios!”