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MemberClose Webinar - 100% LTV Home Equity Lending (Morning)
Thursday, October 24, 2019, 11:00 AM - 11:30 AM EST
Category: Strategic Partner

With the Protequity program, you’re able to say “YES” more often.  If a loan policy that caps LTV at 80% is the only reason for not granting a loan to an otherwise qualified borrower, Protequity is the solution! Credit unions using this program have over $50 million in fully insured outstanding loan balances. These are all loans that would not have been made without the Protequity program.

Typical program uses include:

  • Approving a loan for long-time valued member with great credit but high LTV
  • Eliminating the need for the member to get PMI by utilizing an equity loan for down payment on the 1st mortgage
  • Making more home improvement loans which ultimately increase the value of the member’s primary asset

This brief webinar will provide a full overview of the program as well as insights from credit unions currently participating in the program.  Two sessions have been scheduled for your convenience.  

Register for morning class here!