Brand Development releases new sales and marketing strategy

BankUnited expands residential lending lineMortgagePress.comResidential mortgages BankUnited Financial Corporation (BFC) has introduced its Growth and Advancement by Investing in Neighborhoods (GAIN) mortgage product, targeted to low- to moderate-income, first-time homebuyers and meant to expand community redevelopment initiatives. With GAIN, borrowers can obtain loan amounts of up to $417,000, 6 percent seller concessions with 100 percent loan to value and no minimum contribution from the borrower. GAIN also offers a 40-year term, low mortgage insurance requirements and no income limits on low- to moderate-income tracks. Coral Gables, Fla.-based BFC is the holding company for Florida-based banking institution BankUnited FSB. For more information, call (877) 779-2265 or visit www.bankunited.com.