Our Company
Strategy
Solicitation Practices
Trump Financial has established relationships with real estate attorneys, developers, financial planners and accountants throughout its lending footprint, by offering its mortgage services and products to their clientele. Trump Financial continues to expand on its current mortgage business’s referral base.
Loan Products
Trump Financial focuses primarily on the A+ / Alt A / A- products such as no income verification, stated income, no doc, interest only products, and all types of adjustable and jumbo loans. Trump Financial lends to borrowers with a minimum FICO score of 580. Loans with scores lower than a FICO score of 580, classified as B grade credit or below, are table funded relying on the underwriting of a third party investor.
In addition, Trump Financial offers loans saleable to FNMA and FHLMC buyers for purchase as well as refinancing transactions. Standard FNMA underwriting procedures will be used to determine the borrowers’ creditworthiness.
Secondary Market
Trump Financial closes loans under its name, utilizing its warehouse lines of credit, then sells loans on a flow basis into the secondary market. The Company continues to develop its secondary marketing division through bulk sale opportunities, which will lead to significant pricing improvements. Also, Trump Financial continues to broker loans to banks and other lending institutions, when appropriate and when pricing is adequate.
