SharperLending partners with Online Documents – NMP Skip to main content

SharperLending partners with Online Documents

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 www.famtg.com.
About the author
Published
Sep 06, 2006
More from
Tech
MISMO Gives Lenders A New Test For Mortgage AI Vendors

Two certifications move the industry’s FRAME initiative from governance guidance toward product-level validation and implementation

Aug 27, 2026
Better Turns Coinbase Partnership Into A Mortgage-Lead Channel

The lender is using a specialized crypto product to bring Coinbase customers into its broader mortgage, refinance, and HELOC funnel

Aug 27, 2026
FirstClose Brings Home Equity Workflow Into MeridianLink Mortgage

The integration reflects lenders’ growing push to originate second liens within mortgage divisions rather than separate consumer-lending operations

Aug 26, 2026
Dark Matter Moves Document Checks To The Point Of Sale

New Aiva Intelligence capability gives borrowers immediate feedback on uploaded documents, aiming to resolve problems before they become downstream conditions

Aug 24, 2026
New American Funding Extends AI Push To Borrower Calls

The lender is adding customer-facing agents across originations and its $73 billion servicing portfolio, but has not disclosed which transactions will be automated or when deployment begins

Aug 20, 2026