Effective immediately, HomeBridge has removed overlays for any government loan with a qualifying FICO of 600 or higher! For loans with FICO scores between 580 and 599, the only overlay will be for debt-to-income (DTI) ratios.
Removing overlays can significantly help buyers who are below the national average FICO score of 700. This change can help buyers qualify, save money and not have to meet additional lending requirements to finance a home.
This is just one of many ways that HomeBridge executive leadership is taking concrete steps to help our Originators stay ahead of the competition.
We strive to provide HomeBridge Originators with competitive products and pricing, and the Operations support to move their pipeline along. This year will see a continuing push to introduce new lending programs to expand our offerings.
This is how we empower HomeBridge Originators. Are you looking to accelerate your career? I’d love to speak with you about the opportunities available to motivated and talented Mortgage Loan Originators. Reach out to me any time by phone or email.