The process of getting approved for a mortgage can be challenging, long and filled with anxiety. The good news is that the experienced professionals at Prosperity Home Mortgage, LLC, have a solution to speed up and streamline that process with a new offering called XLR8.
XLR8 is an expedited mortgage approval process that automatically verifies the borrowers’ assets and income with a single source, an electronic bank statement. Borrowers complete their digital application using a secure portal to electronically validate their information in minutes, cutting down on the need to gather paperwork. This invaluable offering helps your clients by reducing stress, saving time and increasing lending security.
Advantages of XLR8:
Minimize loan conditions
Simplify the mortgage process
Reduce last-minute surprises
Get to the closing table faster
Additionally, Prosperity is one of the only lenders in the Mid-Atlantic with access to this capability. Stand out from the competition by letting your clients know about this program. To learn more, speak with your Prosperity mortgage consultant or visit PHMLoans.com.
1. The XLR8 mortgage program is available on conventional loans guaranteed by the Federal National Mortgage Association (FNMA) only. Contact your mortgage consultant for more information.
All first mortgage products are provided by Prosperity Home Mortgage, LLC. (877) 275-1762. Prosperity Home Mortgage, LLC products may not be available in all areas. Not all borrowers will qualify. Licensed by the NJ Department of Banking and Insurance. Licensed by the Delaware State Bank Commissioner. Also licensed in Alabama, Colorado, Connecticut, District of Columbia, Florida, Georgia, Illinois, Indiana, Kansas, Maryland, Michigan, Minnesota, Missouri, Nebraska, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, West Virginia and Wisconsin.