First, let’s start with our biggest news we cannot wait to share. We no longer require a P&L for our business bank statement program. We will simply apply a 50% expense ratio. How’s that for easy? Combine that with our bank statement review team and you cannot find an easier or faster process anywhere. We always strive to improve our processes to make sure customer service is top-notch. This way, when you look good we look good! Our goal is to help you increase your referral base for optimal volume growth. We know a thing or two about volume growth – we doubled ours in non-QM in 2018 and expect more in 2019.
We are also pleased to announce changes to several of our programs. Reduced rates and rate adjustments are in effect across our Platinum, Portfolio Select and Investor Cash Flow programs. What a great way to start off a new month! Do not miss any opportunity to close more loans. Contact us to find out more about these programs and the borrower profile perfect for these products. You might have turned away business in the past not realizing these loans exist. Do not turn away any business in 2019 without calling us first to run through the loan scenario. Our business is based on taking your challenge and finding a solution for a quick close and a grateful borrower.
We are constantly working to improve the experience our brokers and correspondents have with our team. Stay tuned for more news soon!