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Sun West Announces the "ZERO COST/ZERO FEE" HECM
Finally, a True No Closing Cost HECM!

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.

$0 Service Fee
$0 Origination
$0 MIP
$0 Closing Costs

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.

HECM

SUNSOFT® IS SO USER FRIENDLY!

NEW IMPROVED PRICING
CLOSED-END FIXED HECM
RATE
MONTHLY SERVICING FEE 
REBATE
5.56%
None
105.000
5.49%
None
104.375

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.

Please contact your Account Executive at (800) 453-7884 for additional loyalty incentive rewards.

Thank you
Sun West Mortgage Company, Inc.
18303 Gridley Road
Cerritos, CA, 90703

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.