• What States is Logan lending NonQM in?
• For NOO business purpose loans, we are now in ALL STATES
• For Consumer purpose TRID OO and 2^nd homes ALL STATES except  Massachusetts, New Hampshire,  & New York 

 What is Logan lending on?

• Consumer Purpose
• 1-4 units OO (Full/ Alt Doc)
• 2^nd Homes; including for Foreign Nationals (Full/Alt Doc)
• Business Purpose
• 1–4-unit investments;  including for Foreign Nationals (Full/Alt Doc or DSCR)
• 5-8 Residential (DSCR Only)

 What are Logan’s income documentation types?

• Full Doc
• Alt Doc (Bank Statement, P&L, 1099, Asset Qualification)
• DSCR
• 
  
• What property types does Logan finance?
• SFR (NO manufactured homes)
• Townhome/Pud
• Condo Warrantable and Non-Warrantable
• Multi- Family Apartment and Condo complexes <=8 units 

• What occupancy types does Logan lend on?
• OO
• NOO

What are Logan’s NICHES?

 I was the 1^st rep to build Logan and with 20+yrs in the mortgage lending space structuring deals.

• We are Top 3 NonQm Lender Month over month based on volume.
• 5-8 Units
• Interest only option products for clients
• TRID (Owner Occ) and Non-TRID Loans (Investment Only)
• Non-warrantable condos
• 1 yr. or 12 mo. income calculation
• Non-occupant co-borrowers allowed
• LLCs or Corporation vesting allowed (Investment Only)
• Over conforming balances with credit events <7, >2 years
• Gifts permitted for down payment and closing cost even on investment properties
• Cash-out proceeds can be used as reserves on most programs
• Escrow Waiver
• No Cash out limits <=60% LTV...our clients have pulled out millions in equity!!!
• First time homebuyer is ok!
• First time investor is ok!
• Allow for 0x30x6 and 1x30x12 for housing on most programs
• Unlimited financed properties allowed
• Seasoning!!!
• R/T Refinance out of hard money NEXT DAY with new value
• Cash out – We ROCK as we are Only 6month seasoning to use new appraised value

Our Support Structure is developed to allow your staff to be successful with Logan regardless of individual experience levels.  We provide to your staff:

• Exception Desk – FAST, direct to parent and seek to make loans with comp factors work. We make exceptions on a good % of the loans we close. Ask me what types work and don’t.
• Condo Desk-      This desk will review any condos warrantable or non-warrantable and will lets your staff know if we can finance a project.
• Income Desk -   We will calculate the income on any bank statement loan for your firm before the loan is originated.  This is an UW quality income analysis that your staff can count on for an accurate DTI.
• Appraisal Desk- This Desk will review any appraisal in advance to assist with any questions regarding uniqueness of a property or values.        
• UW Training-     We can provide your UW’s and operations staff with trainings on how our programs works and on-going access to our UW trainers.
• Sales Training-  Our Sales trainers will train your sales managers and LO’s on the products and programs and help structure loans on an ongoing basis.
• Closing Docs-     Our closing docs are in Ellie Mae docs and we will review your first set of loan documents in advance to ensure completeness
• Marketing-         We offer a private label marketing department on all marketing materials.