We Honor Those Who Served

Nov 11 2015

TMS_Veterans.jpg

At The Money Source, we believe in providing programs and support for our Veterans and their families.

By offering specific programs with highlights that make it easy for our Veterans to realize their dream of homeownership, we can offer our gratitude for their service.

The VA program at TMS follows AUS findings on all loans down to 550 or higher FICO score. Other highlights of the program include:

  • VA cashout to 100% LTV
  • AUS Refer (Manual UW) on VA loans acceptable
  • Manufactured homes
  • VA IRRRL without appraisal to any LTV with min 620 FICO
  • VA IRRRL with an appraisal min 550 FICO
  • VA IRRRL no FICO allowed

Fill out our "Become a Partner" page on our website to become an approved correspondent and offer this program to your clients!

Topics: Correspondent, VA, NY, The Money Source, Melville, VA Loan, The Money Source Correspondent, Veterans, VA Mortgage, TMS VA, The Money Source Inc., TMS correspondent, Products and Services, Mortgages for Veterans, Pink Unicorn

We Honor Those Who Served

Nov 11 2015

TMS_Veterans.jpg

At The Money Source, we believe in providing programs and support for our Veterans and their families.

By offering specific programs with highlights that make it easy for our Veterans to realize their dream of homeownership, we can offer our gratitude for their service.

The VA program at TMS follows AUS findings on all loans down to 550 or higher FICO score. Other highlights of the program include:

  • VA cashout to 100% LTV
  • AUS Refer (Manual UW) on VA loans acceptable
  • Manufactured homes
  • VA IRRRL without appraisal to any LTV with min 620 FICO
  • VA IRRRL with an appraisal min 550 FICO
  • VA IRRRL no FICO allowed

Fill out our "Become a Partner" page on our website to become an approved correspondent and offer this program to your clients!

Topics: Correspondent, VA, NY, The Money Source, Melville, VA Loan, The Money Source Correspondent, Veterans, VA Mortgage, TMS VA, The Money Source Inc., TMS correspondent, Products and Services, Mortgages for Veterans

Meet the TMS Team - Oasis Jacob

Jul 15 2015

Oasis

Welcome to another edition of Meet the TMS Team! Today we'll introduce you to Oasis Jacob, an Underwriter for The Money Source.

Oasis works in our main office in Melville, NY and has been with the Team since September of 2014. She started in the mortgage industry in 2001 as a receptionist in a broker office and has been moving up the ladder ever since. The best thing about her job now is the people she's met and the bonds she's made with them. She loves that regardless of where everyone ends up, they will always keep in touch.

Oasis lives in Queens, NY but she's originally from the Dominican Republic and loves to visit her family members that still live there. Her favorite thing to do outside of work is spend time time with her family and go out to eat with good friends. She just loves being around family and friends.

Other fun facts about Oasis

  • Favorite TV Shows: Supernatural and The Walking Dead
  • Fun fact: She’s fluent in Spanish and could spend the whole night dancing! And could
    spend the whole day watching the ID channel!

Thanks to Oasis for sharing a little about herself!

Topics: The Money Source Inc Correspondent, Meet the Team, NY, Melville, Oasis Jacob, Meet Our TMS Team, The Money Source Inc., Meet the TMS Team, TMS correspondent, TMS Team

Supporting Our Veterans Through the VA Program

Jun 26 2015

New_TMS_VA_Social.jpg

At The Money Source, we believe in providing programs and support for our Veterans and their families.

By offering specific programs with highlights that make it easy for our Veterans to realize their dream of homeownership, we can offer our gratitude for their service.

The VA program at TMS follows AUS findings on all loans down to 550 or higher FICO score. Other highlights of the program include:

  • VA cashout to 100% LTV
  • AUS Refer (Manual UW) on VA loans acceptable
  • Manufactured homes
  • VA IRRRL without appraisal to any LTV with min 620 FICO
  • VA IRRRL with an appraisal min 550 FICO
  • VA IRRRL no FICO allowed

Fill out our "Become a Partner" page on our website to become an approved correspondent and offer this program to your clients!

Topics: Correspondent, VA, NY, The Money Source, Melville, VA Loan, The Money Source Correspondent, Veterans, VA Mortgage, TMS VA, The Money Source Inc., TMS correspondent, Products and Services, Mortgages for Veterans, Pink Unicorn

USDA Loans At The Money Source

Jun 24 2015

USDA_TMS_Updated.jpg

Our committement at The Money Source is to form a partnership with our customers. One product we offer through this partnership is the USDA loan program. USDA loans are a part of the Government's Rural Development program.

The USDA home loan program is geared toward rural areas, with certain income eligibility requirements for applicants. At TMS, we follow RHS guidelines with no overlays and offer some niches for the USDA program, which include:

  • 100% financing, no down payment with 550+ FICO
  • Manual Underwriting acceptable
  • Higher DTIs acceptable as long as RHS approved
  • Manufactured Homes allowed on new construction purchases

If you want to find out more about how you can take advantage of our USDA program, fill out our Become a Partner page! You can also visit our website for more information on The Money Source.

The Money Source Inc. is not affiliated with or acting on behalf of or at the direction of the Department of Housing and Urban Development or the Federal Housing Administration, or the Federal government.

 

Topics: USDA Loans, Homeownership, The Money Source, Grow Happiness, USDA Rural Development, USDA Loan Program, The Money Source Inc., TMS correspondent, Products and Services, Pink Unicorn

Meet the TMS Team - Anasha Persaud

Jun 12 2015

Anasha

We are pleased to introduced you to another member of our TMS Team! Today you'll meet Anasha Persaud, Underwriting Team at The Money Source.

Anasha works in our main office in Melville, NY and has been with the Team since July of 2010, so she's coming up on on her five-year anniversary! She left the paralegal world in Manhattan to join TMS and she has nothing but happy memories since she made the switch. During her time at TMS, she's developed relationships with co-workers that is just about equal to that of family, so she's really proud to be a Team member.

When she's not at work she loves to spend her free time with her family. Her two nieces and three nephews in particular, who have captured her heart and have her in the palm of their hands!

Other fun facts about Anasha:

  • Favorite TV Show: She’s not into a lot of shows, but her new favorite is “Married at
    First Sight”
  • Favorite Food: Sushi
  • Biggest Dream: A place in Manhattan!

Thanks to Anasha for sharing a little about herself!

Topics: Team, NY, The Money Source, Melville, TMS Mortgage, Meet Our TMS Team, The Money Source Inc., Anasha Persaud, TMS correspondent, TMS Team

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