Skip to main content

SharperLending partners with Online Documents

National Mortgage Professional
Sep 06, 2006

Funding America adds 45/30 and 50/30 to sub-prime product lineMortgagePress.comSub-prime loans Funding America LLC has announced it will now offer "45 due in 30" and "50 due in 30" loan products. The 45/30 and 50/30 loans each amortize payments over a longer period than the term of the loan and conclude with a single balloon payment after 30 years. The loans avoid sharp payment increases common with other loan types and allow the consumer to pay off both principal and interest at a fixed rate. Houston-based Funding America LLC is a wholesale provider of sub-prime and alternative loan products for the residential mortgage broker community. For more information, call (866) 782-0100 or visit
Sep 06, 2006
More from
AI Can Revolutionize Mortgage Licensing

Will AI unlock efficiency and accuracy in licensing or will it be an added compliance risk?

Sep 18, 2023
Snapdocs Promotes Michael Sachdev to CEO

Founder Aaron King becomes executive chairman.

Sep 14, 2023
Rate Table Roulette

Barrier to entry is steep in this direct-to-consumer advertorial method

Sep 07, 2023
Log In To Lock In

Meet the mortgage mavericks raking in followers on social media

Aug 29, 2023
Team Human

Tech innovations should assist — not replace — loan officers

Aug 29, 2023
When Chatbots Go Rogue

Threats are posed to customer service and needs

Aug 14, 2023