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 1^st 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 afternoon class here!