EPM Wholesale Products
Conventional Loans
Guidelines
Conventional loans are loans that are not insured by the federal government. The borrower must have good credit, sustained employment, and income history, and be able to put down at least 3% of the total loan.
VA Loans
Guidelines
VA Loans are loans insured by the U.S. Department of Veterans Affairs (VA) and are a guaranteed home buyer loan for military service members, veterans, and their spouses. Borrowers can finance up to 100% of the loan amount without a required down payment.
FHA Loans
Guidelines
FHA Loans or Government-Insured Federal Housing Administration Loans are often times used for low-to-median-income buyers when buying their first property when they cannot qualify for a conventional loan.
USDA Loans
Guidelines
USDA loans are low-interest mortgages with zero down payments designed for low-income Americans who don’t have good enough credit to qualify for traditional mortgages. You must use a USDA loan to buy a home in a designated area that covers several rural and suburban locations.
EPM Wholesale Non-QM Products
Empower Investor
• 2-4 units up to 80% LTV
• Cash out up to 80% LTV
• Non-Warrantable condos, Co-Op, Rural up to 10 acres
• 1×30 on mortgage allowed
• Loan amounts up to 3 Million
• Close in trust and close in LLC
Empower Bank Statement
• FICO down to 660
• Loan amounts to 3 million
• Non-Warrantable condos, Co-Op, Rural up to 10 acres
• 1×30 allowed on mortgage
• 90% LTV on Purchase
• 85% LTV on Cash Out
• Primary Residence, Second home, and Investment Property
Empower Full Doc
• FICO down to 660
• Loan amounts up to 3 million
• Non-Warrantable condos, Co-Op, Rural up to 10 acres
• 1×30 allowed on mortgage
• 90% LTV on purchase
• 85% LTV on cash out
• Primary Residence, Second home, and Investment Property
New Loans – 2 Business Days
Clear to Close – 2 Business Days
Partial Conditions – 3 Business Days
Empower Your Clients
We offer a full array of products to help empower our partners to help every client that comes through their door.
Your Partner for Delivering More
Have a question about a loan?
We are ready to assist you with any loan scenario you may have.
“EPM is our secret weapon. If you are not using EPM you are losing out on business.”