Orion Lending

Basic information

QM program

• Conventional
• Home One
• Home Ready
• Home Possible
• FHA
• FHA Streamline
• FHA DBA
• Doctor Loan
• VA
• VA IRRRL
• VA High Balance
• USDA
• USDA Streamline

Loss payee

MORTGAGEE CLAUSE: American Financial Network, Inc., dba Orion Lending ISAOA 770 The City Drive South, Ste. 2000 Orange, CA 92868

CPL or subordinate clause

MORTGAGEE CLAUSE: American Financial Network, Inc., dba Orion Lending ISAOA 770 The City Drive South, Ste. 2000 Orange, CA 92868

Lock policies & fees

Lock policies

Lock extension

1 day 0.03 7 day 0.15 15 day 0.3

Relock

After 30 days at current market

Lock & Shop

No

Lender's niche & overlays

Lender's niche

DPA and Grants for non FTHB and even non-perm residents

VA allows comp over 1% on BPC

P&L with NO bank statements

Real Estate Equity as Asset Depletion

DSCR down to 620 and No Ratio

Doctor/Medical Professional Loan

Allow lender credit to cover BPC.

Lender's overlays

No overlays!!!!

Lender turn time

Initial underwrite (days)

1

CTC conditions review (days)

1

Initial CD (days)

1

Reviews