Dear Valued Partner,
Effective on locks dated on or after Thursday, May 27, 2010, Sun West announces improved pricing and the first ever ZERO COST / ZERO FEE HECM.
Exclusively with Sun West, you have the ability to design a HECM loan with all or any combination of the above ZERO COST/ZERO FEE terms. Offer your borrowers a custom HECM product that best fits their needs.
Create a customized HECM loan for your customer today! Simply slide the dials on the Sun West HECM calculator and you can create your first ever ZERO COST/ZERO FEE HECM in seconds.
SUNSOFT® IS SO USER FRIENDLY!
Benefit from increased Rebate (i.e. YSP/Broker Premium) with a higher monthly service fee. The Rebate increase is $25 for each dollar increase in the monthly servicing fee. For example, if you originate a fixed HECM with a $30 monthly service fee, your rebate will be $750 higher. You are free to choose any monthly service fee from $0 to $30.
Please click HERE to download our latest HECM Rate Sheet.
Sun West Mortgage Company, Inc. is licensed by the Department of Corporations under the California Residential Mortgage Lending Act and holds a California Finance Lender License (603 0119) and a Corporation Real Estate Brokers License (00793885). Refer to www.swmc.com to see where SWMC is a licensed lender. In all states, the principal licensed office of Sun West Mortgage Company, Inc. is 18303, Gridley Road in Cerritos, CA 90703; Toll Free: (800) 453-7884. All Sun West programs are subject to change without notice.