1. GRANT Clients With a Down Payment, Equity, and The Dream of Home Ownership
A webinar presented by
U S F W H O L E S A L E . N E T

2. A B O U T U S F
United Security Financial Corp was established in December Created to give borrowers an
avenue to realize the American dream. USF is currently l icensed in 48 states, with two other states pending. In a short period of t ime, USF has established a servicing portfolio close to four billion
dollars. USF is among a very l imited group of mortgage bankers chosen by HUD as a " Fair Practice Lender". This status offers an opportunity to incorporate fair housing and equal opportunity
principles into mortgage lending standards. This also gives us the chance to provide greater access to low income and minority lending programs. USF is , and will always be committed to fair lending
practices. USF is a GNMA, FNMA, and VA approved lender and this gives us more f lexible pricing and rates than many lenders out there.
U S F W H O L E S A L E . N E T

3. About USF Continued.... Accolades Milestones
We have implemented an underwriting style that allows all applicants an opportunity to qualify while allowing zero tolerance for fraud or misrepresentation. Underwriters attend regular training sessions and are required to stay current on all FHA, VA, Fannie Mae, Freddie Mac and other in- house
guidelines implemented to reduce the layering of r isk to USF. USF is careful to avoid disruptions in the mortgage markets by supplying viable securitization sources providing a unique pricing model.
This allows correspondents and brokers f lexibility in pricing and creates higher profitability margins.
Accolades
Top 100 Companies in Utah
Countrywide Recognition of Production Award
Utah State Office of Black Affairs Centennial Community Award
National Top 25 Producers National City Mortgage Award
Chase Gold Award
Milestones
FHA Approved Correspondent Lender Approved VA Lender
FHA Non- Supervised Mortgagee
USF Became a Full Eagle FHA Direct Endorsement Lender
Fannie Mae Lender
Full VA Lender Approval
Approved as an Automatic Lender by Department of Veteran Affairs
Became Ginnie Mae Issuer
years of Mortgage Lending!
U S F W H O L E S A L E . N E T

4. T H E D O W N P A Y M E N T G R A N T W I T H E A G L E C O N N E C T
Introducing
These grant funds are set aside exclusively to help buyers have the ability to own a home. As a lender you can help clients achieve the American dream of homeownership while increasing your volume. Remember with this program you can offer a loan that gives your homebuyer a small piece of equity from day one!
Down payment assistance funds are provided to homebuyers through
Eagle Connect Fund (Eagle Connect) d.b.a. LBC, LLC Funding (LBC).
LBC Funding is an approved federally chartered government lender.
U S F W H O L E S A L E . N E T

5. eagleconnect.org Conventional Loan Product
Underlying 1st Mortgage, Fannie Mae HomeReady®, 30-year Fixed Rate* No 1st Time Homebuyer requirement
3% down- Provided in Full by Eagle Connect Fund
1-Unit Single Family Primary Residence: Including Eligiblee condos, co-ops and PUDs
Reduced MI to 25%
Non-occupant Co-Borrowers/Co-signers may be permissible Up to 100% of AMI
No income limit in low income census tracts
Cash Back to Borrower: Refund of borrower's earnest deposit money Credit score to qualify
680+ Credit score may get even better pricing
eagleconnect.org
U S F W H O L E S A L E . N E T

6. eagleconnect.org FHA product No 1st Time Homebuyer Requirement
3.5% Down - Provided in Full by Eagle Connect Fund Up to 120% AMI
620+ Credit Score to Qualify
Maximum Loan Amount: Varies by County & State per FHA Guidelines Underlying 1st Mortgage FHA Loan Product 203 (b) & 203(c)
FHA 203 (b) 1-2 Unit Primary Residence
FHA 203 (c) Condo Unit Primary Residence
eagleconnect.org
U S F W H O L E S A L E . N E T

7. 95 & 97 97 95 options Conventional Loan Product
Underlying 1st Mortgage Fannie Mae Conventional, 30 Yr Fixed Rate*
1-Unit Single Family Primary Residence: Including eligible condos, co-ops and PUDs
MI 30%-35%
640+ Credit Score 97
3% Down - Provided in full by Eagle Connect Fund
NO income limits
Must be 1st time homebuyer
Up to $721,050 loan amount, varies by county and state per FNMA guidelines 95
5% Down - 3% provided by Eagle Connect Fund, 2% provided by borrower or other Gift Funds
Up to 120% AMI
No 1st time homebuyer requirement
U S F W H O L E S A L E . N E T

9. Ready to Print, Ready to Market
“Print ready” fillable flyers will be available to you through the representative contacts and webinar webpage . These flyers will be updated periodically to stay up-to-date. Flyers for co-branding with Loan Officers are also available. Simply plug in your headshot, contact info and you are ready to print

10. Standard USF mortgage FH A V A C O N V E N T I O N A L LTV 96.5%
DTI 55%
620 FICO
MMI 0.85%
UFMI 1.75%
Insured by FHA. FHA is very popular among 1st time home buyers with only 3.5% D.P required. This loan carries M.I. and has lower rates due to being insured by FHA. Primary residence only.
V A
Loan financing AVA for military members or veterans. No MI and lower rates due to VA guarantee of loan & no DP required. Primary residence only.
LTV 100%
DTI 55%
620 FICO
DP 0%
C O N V E N T I O N A L
Not insured by Government. Now allows 3% DP but will also have MI. However, MI Can drop off after 20% equity/80% LTV is reached. Not as strict on appraisals. Investments & 2nd Homes allowed.
LTV 97% DTI 43%* FICO* No UFMI

11. Download the Webinar Recordings/Powerpoint & Flyers
General Inquiry
Thank You For Joining Us!
Questions?
Download the Webinar Recordings/Powerpoint & Flyers
Or Contact A Rep
Michael Rutland Jr.
Deborah Canady
Terri Attaway
Loan Officer
Account Executive
NAREB Realtist Rep.