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Tuesday, December 07, 2004

1st Choice Mortgage TRUE Alt A Program

Announcing the 1st Choice Mortgage TRUE Alt A Program...With minimal credit requirements, 7 different doc type options, unlimited cash out, no seasoning requirements and 80/20 financing, TRUE Alt A offers the loan solution for every borrower.

T--Tradelines. Minimum 2 trades or 3 alternative trades required with 12 month history.
R--Reduced Documentation. 7 different doc type options.
U--Underwriting Flexibility.
E--Easy. Effortless. Every Borrower. Loan programs to fit every borrower's needs.

The matrix prints nicely on the front and back of a single sheet of legal-sized paper. This will be a great tool for a loan agent's desk for future reference.

Alt A Re-Lock Policy: Loans requiring relock from Alt A+ to TRUE Alt A (and vice versa) must be relocked using worst-case pricing between original lock day plus applicable extension fees and current market.


Chris Holeman, Your Account Executive

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