Correspondent Lender Program for Mortgage Brokers

Sunset Equity Funding offers a Correspondent Lender Program (CLP) for brokers to control the loan origination process from application to closing. Sunset also offers very low rates with no upfront deposit fees. We expedite the loan cycle, so you can continue to scale your business.

  • Your Own Loan Docs (White Label)
  • Keep Your Points
  • Earn Interest Spread
  • Issue Your Own LOI
  • Keep Your Client
  • Full Support
  • Originate and Close in Your Name
  • Be a Lender!

Lending Guidelines

  • Loan Types: Bridge, Fix & Flip, Construction
  • Loan Amounts: $150,000 to $10,000,000
  • Loan-to-Value (LTV): Up to 70% ARV
  • Loan-to-Cost (LTC): Up to 90%
  • Loan Term: 6 to 24 months
  • Lien Position: 1st Only
  • No Prepayment Penalty

Correspondent Pricing Structure

Our Correspondent Partners can earn yield spread in addition to origination fees.

  • Origination Fees: 1.5 points to Sunset, 1 point to Partner, anything over 2.5 points is split 50/50
  • Interest Spread: Interest Rates range from 8.5% – 9.5%, and anything over that is split 50/50

As a Direct Lender, we have solved your money problems. Sunset CLP program enables professionals in the industry such as other Lenders and Brokers to participate in our program and fund their own deals. No need to worry about if the investor will bring the money to the funding table. Our CLP program allows you to fund your deal with a peace of mind and to further increase your business. Our CLP program has been designed to help mortgage brokers close more deals while being in controls every step of the way.

License

NMLS ID 279264, CA DRE Lic. 01773208, CFL 603C725, AZ MBL 0950788, OR ML-5474

Year Established

2005

Office Locations

6125 Washington Boulevard, Suite 300, Culver City, California 90233

Real Estate Sectors

  • Private Mortgage Lending

Customer Types

  • Private Mortgage Lenders
  • Commercial Mortgage Brokers
  • Residential Mortgage Brokers