Our Correspondent Program is specifically designed for Rural Homes and Hobby Farm properties that often fall outside traditional guidelines. The RuraLiving® home mortgage product is offered on a non-delegated correspondent basis which gives you the ability to originate and close the loan in your name while we review them for eligibility, purchase and service them. Our program is available in all 50 states to Mortgage Bankers, Banks and Credit Unions.
A few program highlights include:
Long-term competitive fixed rate options for a niche market in rural areas
Flexible appraisal requirements for rural areas
Opportunity to open up a new segment of business not only for you but your realtor contacts as well
We provide a dedicated and experienced team to help you through a simple and convenient loan process
Typical Property Characteristics:
Single Family, Primary and Secondary Residences in good condition
Home with acreage up to 160+ acres
Outbuildings – Barn, Silos, and Stables
Schedule F Income
Farm Animals
Pastureland
Click here for detailed information on our RuraLiving Home Mortgage product.
Contact one of our Correspondent Reps to learn more and to see if this program is a fit for your company. Hannah Stenzel RLS Partner Lending Specialist Direct: 507-385-4965 Mobile: 507-381-9122 Hannah.Stenzel@Compeer.com