Equity Prime Mortgage
5 Concourse Parkway, Atlanta, GA 30328
https://epmwholesale.com/
Internal Reviews
(4 reviews)
Total loans closed with Loan Factory
62
Total loans closed with Loan Factory (past 12 months)
23
Lender overview
Basic information
UPDATED MORTGAGEE CLAUSE FOR FHA/VA/USDA LOANS: Equity Prime Mortgage LLC, ISAOA/ATIMA, P.O. Box 692408 San Antonio, TX 78269-2408 UPDATED MORTGAGEE CLAUSE FOR ALL OTHER LOANS: Equity Prime Mortgage LLC, ISAOA/ATIMA, P.O Box 2828 Daytona Beach, FL, 32120-2828
UPDATED MORTGAGEE CLAUSE FOR FHA/VA/USDA LOANS: Equity Prime Mortgage LLC, ISAOA/ATIMA, P.O. Box 692408 San Antonio, TX 78269-2408 UPDATED MORTGAGEE CLAUSE FOR ALL OTHER LOANS: Equity Prime Mortgage LLC, ISAOA/ATIMA, P.O Box 2828 Daytona Beach, FL, 32120-2828
Lock policies & Fees
Lock Policies
30 days extension
Yes, worst case pricing +0.25
Lender's niche & Overlays
FHA
- Down to 500 FICO
- No FICO
- Manufactured single and doublewides
- Manual Underwriting
- Competitive pricing
- DPA
- Solar program
- 580+ 96.5% LTV
- Streamlines
- 203K
VA
- Down to 500 FICO
- No FICO
- Manufactured single and Doublewides
- Manual Underwriting
- Competitive pricing
- 500 FICO - 100% LTV
- Cash out 100% LTV
- IRRRL
- VA reno
For all VA Loan Types
- Can lower LPC on a loan-by-loan basis - works great for IRRRL's
- 500 minimum score or No Score with non-traditional 3 trades
- No Maximum loan amount on VA high balance
- No maximum acreage
- Manufactured single and doublewide with no price adjustment
- Waive tax escrow on exempt borrowers, with a completed and signed tax exemption form (not available on IRRRL)
- AUS approve/eligible or refer/eligible with manual underwrite
- Up to 55% DTI allowed on R/E manual UW with 3 compensating factors, price adjustment over 50% DTI on all loan types except IRRRL
- Joint loans allowed (Veteran and non-veteran borrowers)
VA IRRRL all of the above and,
- Late mortgage payments in the last 12 months allowed, Must be current
- Mortgage only with or without a score, use 0 score if borrower score is under 580
- Can use IRRRL for VA investment property
VA 55 Max DTI
Lender turn time
3
2
1
Review - Equity Prime Mortgage
3.0
4 Google Reviews
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