{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/eac2fa275eb0494993f3c1d1c8173374\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/eac2fa275eb0494993f3c1d1c8173374-1b785ad12c7d22a7.gif","duration":1779.68,"title":"RFA XCEL Product Launch (23/09/26)","description":"This Loom introduces Excel, a new uninsured extension product being piloted with Ontario ABW and now expanding nationally, positioning it as near prime and designed for nontraditional borrowers. The team explains submission and routing through the same Kraken portal, with applications moved from Pat Donnelly to Maria’s team when deals are uninsured standard that fit Excel, including cases noted as Excel in deal notes. Maria details five Excel program types and key eligibility metrics, including stated income up to 65% LTV (generally three times line 150 NOA), rental up to 70% LTV with ratios up to 50 50, and owner occupied and second home up to 80% LTV with ratios up to 55 55. Rates cover five-year terms (5-year fixed and 5-year ARM) with premiums typically 5 to 25 basis points, capped at 25, and no lender fees. A Santorini incentive is referenced as running until October 15 or until the bucket is full, adding 10 basis points in compensation on every five-year term for insured, insurable, and uninsured."}