Published on March 21, 2019
Written by The Servion Group
Last year, we had a special program called $2K18 that was available to partners around the country. The results were so good that we’ve decided to extend the program for 2019 (so it’s called $2K19 now, of course).
It’s a special $2,000 credit that must be used to improve a borrower’s monthly economic situation. It’s available to our partners in the retail, correspondent, or delegated channels.
The idea is to apply the credit in whichever way results in the greatest payment reduction for the borrower. The $2,000 credit can be used for any of the following:
Any remaining portion can be used for closing costs.
A worksheet detailing how the $2,000 credit was used must be submitted prior to final approval in order to utilize the offer and receive the credit at the time Servion purchases the loan.