Acra has spent years developing new and stream-lined technologies while investing in a knowledgeable and customer service-oriented workforce. In any potential wholesale transaction, an Acra broker should have timely communication or service, a consistent underwrite, and competitive pricing.
The broker, in turn, can then deliver the same to the collective customer, the applicant or borrower. The customer should be able to expect, and experience, a well-articulated process, understanding any outstanding next steps, and have confidence in a timely closing.
“Consequently, and intuitively, those efficiencies have led to Acra’s ability to be at the forefront of service, product and pricing,” Gunderlock said.
Finding the best way to determine non-QM loan risk
No loan comes without some degree of risk though, even with non-QM loans. The need to guard against any adverse reactions from a loan that turns sour is front-of-mind.
“Despite well-written and thorough guidelines, unique circumstances perpetually surface. Understanding the downstream effects of those decisions is paramount to weighing our risk-based analysis,” Gunderlock said. “Ultimately, it is easier to make a loan than it is to collect. We want every borrower to be in a position to succeed.”
Source: mpamag.com