Product Highlights
If you are one of our approved partners, you received an email from us on May 6th with a link for you to set up your login credentials for the new Equity Access portal. Once this is completed, you will have instant access to your personalized Equity Access Portal Page. Then, you will be able to upload your profile picture and watch a short instructional video to get started and offer EQUITY ACCESS to your customer base. If you cannot find the email, please contact your AE who can provide you with a new link.
EQUITY ACCESS, REMN Wholesale’s Digital HELOC Program powered by NFTYDoor, is a standalone HELOC that is available for a 1st or 2nd lien.
Features:
- Instant Income Verification for the vast majority (75%+) of W-2 borrowers.
- Option to utilize automated analysis of Bank Statements to determine Income for both W-2 and Self-employed borrowers.
- Single AVM up to $400k, if AVM fails appraisal options available starting at $160.
- Individual MLO Portal with robust functionality and real-time detailed status on all pipeline loans.
- Customizable branding for Borrower Application Page, including your company logo and MLO profile picture
Overview:
- National Coverage: Loans from $25k to $400k available across the country.
- Super-fast Closings: Some applications can close as fast as the same day! As a self-directed journey, the borrower controls the speed of the process.
- Simple Terms: Minimum FICO 640 and max CLTV up to 80% (see weekly rate sheet for details).
- Flexible Approach: Our hybrid two-track platform harnesses digital speed with an experienced operations team that allows for manual intervention when real-life loan complexities don’t allow for fully automated processing.
TO SUPPORT THE GROWTH OF YOUR EQUITY ACCESS BUSINESS, THESE RESOURCES ARE AVAILABLE TO YOU [Click Here]:
- EQUITY ACCESS Weekly Rate Sheet & Guidelines
- Training Decks
- Recent Updates
- Rate Cap Restrictions Chart
- CLTV Calculations
- Applicant Process Overview
- Video Library to the EQUITY ACCESS HELOC EXPERIENCE
- Overview of new HELOC marketing flyers added to Flyer Paradise
- Frequently Asked Questions (FAQs)