Mortgage Grapevine

PMAC Lending Services, Inc.

anyone sending/closing loans with this company?

we're thinking about them but would appreciate
by dblbogey2 January 10, 2013 11:13 AM

Recently reviewed their niches and they have my attention. Hope to hear some feedback as well.
by Snapper January 10, 2013 12:01 PM

Try Us!!! (same products faster turn times)

"WesLend Wholesale Highlights"

"Our Current Turn-times"

Purchases 2-3 days
Refi's 3-4 Days
Conditions 1-2 days!!!

"Freddie Mac Open Access"
660 minimum Fico
Max LTV 105% CLTV/105%
Appraisal Waivers are allow also!

"Harp 2.0 DU Refi Plus"
660 minimum Fico
Max 150 LTV/175% CLTV!!! With MI Tranfers!!! (MGIC,Radian,Genworth)
Appraisal Waivers are allow also!

"Government Loans"
640 minimum Fico FHA Fixed, Jumbo, Arms!
640 minimum Fico FHA Streamline (NO AVM PULL And No Deck Review)
620 minimum Fico VA Fixed, Jumbo, Arms!
640 minimum Fico USDA!!!

"WesLend Direct Program"

Weslend Direct-No investor overlay-Details below
WesLend Direct is a Conventional portfolio program that offers features and options that our standard
Conventional loan program does not offer. While the majority of WesLend Direct guidelines align with
the standard Conventional program, the following are additional allowances that will help more deserving
borrowers qualify for their mortgage needs:
. Using Rental Income to Qualify without a 2 year landlord history.
. 5-10 Financed Properties for N/O/O and 2nd Home transactions.
. Delayed Financing (a cash out refinance of a home recently purchased with cash) within 6 months
of the purchase date.
. Condo Project Owner Occupancy requirement of 51% (as opposed to the standard 70%).
. Transferred Appraisals allowed.
. Paying Off Revolving Debt to Qualify.
. "Flip" Transactions allowed with less than 90 days on title for the seller.
. Unpermitted Additions allowed.

"Conforming Loans"
620 minimum Fico 10, 15, 20, 25 and 30 year Term!
DTI per DU Approval!!!
(Direct to Fannie)

"Interest Only Available"
Standard Conforming and Agency
Jumbo loan amounts eligible!

"Agency JUMBO"
Fixed-15 and 30y ear term available!

"Non Conforming Jumbo"
Loan amounts up to $2,000,000!
Up to 80%LTV.
Fixed and ARM products are available!

Ken Little
Account Executive(Multiple States)
Weslend Financial Wholesale
Click Here

WesLend Lends in 35 States!!!

by klittle11111 January 10, 2013 2:52 PM

i signed up with PMAC and they talk a good game. Sending them a few files in the next 30 days so we will see
by LincolnMortgageAE January 11, 2013 7:51 PM


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