Skip to main content

Ideal Lending Introduces Protection+ Down Payment Protection

Apr 18, 2018
Ideal Lending Solutions has introduced Protection+, residential mortgage coverage for homebuyers that reimburses them up to their full downpayment if they need to sell at a loss due to market conditions

Ideal Lending Solutions has introduced Protection+, residential mortgage coverage for homebuyers that reimburses them up to their full downpayment if they need to sell at a loss due to market conditions. The established South Florida mortgage lender is offering it for free on owner-occupied, fixed rate 96.50 percent LTV FHA loans, and it is also available on most other loan options.
 
“We are committed to keeping our borrowers’ risk low and confidence high as they make one of the most emotional purchases of their lives,” said Wilson D. Enriquez, Florida Regional Manager at Ideal Lending Solutions, a division of American Financial Network Inc.
 
“Clearly, Ideal Lending Solutions understands the South Florida homebuying market and its consumers’ needs,” said Joe Melendez, Chief Executive Officer of Dallas, Texas-based ValueInsured, provider of +Plus Down Payment Protection. “Florida homebuyers know all too well from 10 years ago that as quickly as prices can rise, they can also fall, and their savings tied up in their homes need protection.”


 
About the author
Published
Apr 18, 2018
More Questions Than Answers At Housing Finance Climate Summit

Government officials, housing leaders, and climate scientists meet to address climate change's escalating impact on housing.

Apr 22, 2024
Maximum Acceleration, Originator Connect Network Sign Exclusive CE Agreement

Pact gives OCN guaranteed live CE at shows, creates nationwide opportunity for Maximum Acceleration

Apr 17, 2024
CMG Acquires Norcom Mortgage's Retail Side

The 25-branch addition will enhance CMG’s northeastern presence from Maryland to Maine.

Apr 12, 2024
CFPB Weighs Title Insurance Changes

The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.

NEXA Begins Search For New CFO

NEXA CEO retires the president position after Mat Grella's termination.

Apr 01, 2024
Co-Founder Mat Grella Terminated From NEXA

NEXA CEO Kortas states negotiations regarding the buyout will continue.

Mar 27, 2024