Verus Mortgage Capital, a full-service correspondent investor offering residential non-QM and investor rental programs, launched a loan scenario tool that gives mortgage lenders a more efficient way to access the company's non-QM loan programs.
The tool will give mortgage lenders the ability to enter information such as their borrower's credit score, LTV, loan amount, property type and more, at which point all relevant Verus non-QM loan program results will be displayed.
“As a leading non-QM issuer, we are committed to offering lenders flexible funding options for their borrowers who don’t fit into conventional profiles and this tool is an easy way for them to see if we have a non-QM program that matches their borrowers’ needs,” said Dane Smith, President of VMC.
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