Qualify More Borrowers with WEI

WHOLESALE E-NEWSLETTER                                AUGUST 9, 2006     
 

In this issue:

Option ARM
  
100% SISA

100% NINA


The Federal Reserves halt mortgage rate increase ... [read more]

Highlights:

1% Option ARMs are back at WEI.   Lower Margin and Higher YSP.   It pays YSP up to 1.875 % with 1 year prepay -and- up to 3.5 % with 3 year prepay. 

See sample pricings below.

Rate (%) Margin (%) YSP (%) PP
1 3.4 1.125 6 mo H
1 3.4 1.875 1 yr H
1 3.2 3.5 3 yr H

WEI’s SISA and NINA Programs offer superb pricings similar to Full doc.
 


OPTION ARMS

Up to 90 % CLTV
 
Starting Rate at 1%

Eligibilities starts at 620 FICO

Full/Alt, SIVA, SISA available

Eligible for Primary Residence,
      2nd Home, Investment Property

Cash-out allowed for all purposes 
 
All Borrower types allowed

Loan Amount up to $ 3,000,000 for
      Primary Residence

Up to 115% Negative Amortization

Take advantage of an exceptionally competitive Option ARM pricings with WEI. 


100 %  SISA

Eligibilities starts at 620 FICO

Eligible for Primary Residence, 2nd Home

Loan Amount up to $ 2,000,000

Cash-out Refinance up to 100% CLTV

Interest Only available

Ratio up to 50% allowed


100
%  NINA

Eligibilities starts at 660 FICO

Eligible for Primary Residence, 2nd Home
 
Loan Amount up to $ 650,000

Cash-out Refinance up to 100% CLTV

Interest Only available

Ratio up to 50% allowed


WHAT SETS APART WEI FROM OTHER LENDERS?

 Aggressive & Competitive Wholesale Rates
 
 Expanded Underwriting and Quick Closing
 
 Customized Wholesale Lending Channel

 
 First Class & Attentive Lending Service
 


(240) 243-9000 -or- (800) WEI-9785

broker@weicorp.com

Broker Website at:
http://broker.weicorp.com

Wholesale Rates at:
http://rate.weicorp.com

Copyright © WEI Mortgage Corporation

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