Skip to main content

Ideal Lending Introduces Protection+ Down Payment Protection

NationalMortgageProfessional.com
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.”


 
Published
Apr 18, 2018
Evergrande Steadily Repays Debt While Taking On New Risk

Evergrande Chairman Hui Ka Yan has ambitious plans, signaling last Friday that the firm wants to move away from housing and focus on making electric cars. 

Industry News
Oct 26, 2021
Planet Home Lending Reports Q3 Gains In Asset Management, Servicing And Originations

The Planet Home Financial Group, LLC, parent company of Planet Home Lending, LLC and Planet Management Group, LLC reported steady growth across its servicing, correspondent and private-client channels.

Industry News
Oct 26, 2021
CFPB, DOJ And OCC Hit Trustmark National Bank For 'Deliberate' Redlining

The Consumer Financial Protection Bureau and U.S. Department of Justice, in conjunction with the Office of the Comptroller of the Currency are taking action against Trustmark National Bank for alleged redlining violations.

Industry News
Oct 25, 2021
Reports: Evergrande Group Makes $83.5M Interest Payment

Faltering Chinese development firm fends off default with payment to international bondholders.

Industry News
Oct 22, 2021
FAR Establishes Borrower Engagement Division

Finance of America Reverse LLC announced its formally established Borrower Engagement Division.

Industry News
Oct 22, 2021
Automating Appraisals No Panacea For Removing Bias

With racism 'grandfathered in' to housing prices in minority neighborhoods, a solution to 'unconscious bias' is difficult to find

Industry News
Oct 21, 2021