{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/8139b8c1dfc34cf897080dcdd099e726\" frameborder=\"0\" width=\"640\" height=\"480\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":480,"width":640,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":480,"thumbnail_width":640,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/8139b8c1dfc34cf897080dcdd099e726-c7253a96ea7a0903.gif","duration":2929.52,"title":"ABW US LENDING PROGRAM LAUNCH - 05/07/2025","description":"Hello Team!\n\nI’m excited to share key takeaways from our recent Zoom meeting launching our US Lending Program Partnership with NEO Home Loans, powered by Better Mortgage, with Ryan Grant copied on this email. This collaboration equips you to serve clients purchasing US properties, especially in \"snowbird states,\" while upholding compliance and enhancing our brand’s value. The recording of the call is linked here CLICK HERE and available on our ABW Agent Intranet for your reference. I’ve also attached two flyers: one client-facing for you to share with clients, and another designed for you, explaining why partnering with NEO is ideal for clients seeking real estate-secured financing in the US.\n\nNEO’s Unique Approach\n\nNEO Home Loans, led by Ryan Grant, emphasized their \"Art of Homeownership\" platform, which prioritizes long-term client relationships over one-time transactions. NEO commits to helping clients build generational wealth for 30 years through ongoing support, including goal-setting, liability management, and annual financial reviews, ensuring homes remain valuable assets.\n\nHow This Partnership Works\n\nReferral Process: Refer clients interested in US properties to abw-us@neohomeloans.com, where NEO’s team—Heath Riddle, Tim, or Megan Garant—will take over. A direct application portal is expected within 30 days.\n\nCompliance Reminder: As Canadian brokers, you are not licensed to provide US-specific advice. Your role is to refer clients to NEO quickly, avoiding US guideline discussions. You may observe NEO’s client consultations and receive updates but cannot facilitate US transactions.\n\nClient Experience: NEO acts as an extension of A Better Way Mortgage Group, delivering a seamless experience. Clients benefit from lifelong support via NEO’s client success managers, with regular check-ins and tailored guidance.\n\nCompensation: Through our marketing agreement with NEO, you’ll receive an average of 50 basis points per funded deal, processed via payroll at Mortgage Architects or DLC, ensuring compliance with US regulations prohibiting direct referral fees.\n\nNEO’s Offerings\n\nNEO provides a range of US mortgage products:\n\nQualified Mortgages (Fannie/Freddie, 6-7% rates): For conventional lending, including credit-challenged or low-down-payment borrowers.\n\nNon-Qualified Mortgages (8-9% rates): For clients qualifying via bank statements or investment property cash flow.\n\nPrivate Lending (10-11% rates): Referred to specialized lenders for unique cases.\n\nForeign Nationals: NEO offers wholesale lending with flexible down payments and qualifications for Canadian clients.\n\nThey also support HELOCs (up to $500,000) and investment properties, including short-term rentals like Airbnb, treated as standard investment financing.\n\nKey Operational Details\n\nTurnaround Times: Complete packages are processed within 24-48 hours; foreign national deals may take 48-72 hours. Initial client outreach occurs within hours.\n\nMortgage Terms: Most US loans are 30-year fixed with no prepayment penalties on standard mortgages. NEO ensures terms align with clients’ short- and long-term goals.\n\nGuidelines: NEO will provide detailed qualification guidelines within the next 24-48 hours to help you identify suitable candidates. If unsure, email NEO with client details, avoiding sensitive documents (e.g., tax returns) due to privacy laws.\n\nSupport Team: NEO’s operations experts, Barbara Phillips and Darcy Gonzalez, ensure smooth execution, handling complex cases like visa statuses and foreign income.\n\nMarketing and Collaboration\n\nAttached are two flyers: the client-facing flyer highlights our partnership for your clients, while the broker flyer explains why NEO is the right choice for US financing referrals. If you need additional materials (e.g., social media posts, videos), let us know, and we’ll coordinate with NEO. NEO will share consultation recordings and invite you to client meetings to experience their process firsthand.\n\nNext Steps\n\nRefer Clients: Use abw-us@neohomeloans.com for US-related inquiries, providing as much background as possible (without sensitive documents) to streamline NEO’s outreach.\n\nStay Informed: An email with marketing materials, guidelines, and a process outline is forthcoming. NEO will provide monthly product updates, and we’ll refine the referral process collaboratively.\n\nFeedback: Share opportunities for improvement with us or NEO directly. Your input is vital to this partnership’s success.\n\nWhy This Matters\n\nThis partnership extends our commitment to exceptional client service across borders, leveraging NEO’s expertise and long-term focus to align with A Better Way Mortgage Group’s values. By referring clients to NEO, you provide unparalleled support, earn compensation, and avoid the industry’s price-driven \"race to the bottom.\"\n\nThank you for attending the meeting and embracing this opportunity. Review the attached flyers, access the call recording at CLICK HERE or on the ABW Agent Intranet, and let’s make this partnership a success for our clients and our business."}