Dear Valued Partner,
Expand your market and profitability by offering Sun West's FHA 203k product. With over thirty years of lending experience, Sun West is an expert in this product and has been originating and securitizing 203(k) loans nationwide since the early 90s.
The FHA 203(k) is HUD's primary program for rehabilitation of single family properties (1-4 Units). With the 203(k) Program, the Borrower gets just one Mortgage loan, at a long-term fixed (or adjustable) rate, to finance both the acquisition or refinance and the rehabilitation (repair or modernization) of the property.
Our depository institution partners, through the FHA 203(k) program, can meet their responsibilities under the Community Reinvestment Act (CRA).
Advantages of offering the Sun West's FHA 203(k) Loan:
Training and Support
If you need assistance to market, process or underwrite a 203(k) loan, the experts at Sun West will walk you through the entire loan process. We offer direct access to our DE underwriters.
After closing, we also ensure that your borrower is satisfied with our draw administration. Count on our 20 years plus experience in completing complex construction projects and managing contractors. We pride ourselves in providing the best customer service in FHA 203(k) draw administration process.
Sun West provides weekly webinars on this product see http://www.swmc.com/swmc/webinars.php. Additionally, for personalized training from our product experts, all you need to do is ask!
If you have any questions, please feel free to call on your Account Executive at (800) 453-7884.
Sun West Mortgage Company, Inc.
|This information is provided to licensed wholesale brokers only and may not be copied or distributed to customers or potential customers. All loans are subject to approval. Certain restrictions may apply. Listed pricing is a morning indication only. Program rates, prices, guidelines, fees, costs, terms and conditions are subject to change without notice.
Sun West Mortgage Company, Inc. (NMLS ID 3277) is licensed by the Department of Corporations as a California Finance Lender (License #603 0119) and is licensed by the Department of Real Estate (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; Phone: (800) 453-7884