video1.0<iframe src="https://www.loom.com/embed/baac169893ae4d6bbbf9a7a6b3e2597a" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/baac169893ae4d6bbbf9a7a6b3e2597a-f6a0ceb6cba1ddc2.gif1648.24This Loom provides an Equitable Bank broker update focused on alternative lending and reverse mortgage product policies. For reverse mortgages, the speaker highlights best posted rates with 4.99% one-year fixed and 5.99% three-year fixed available until the end of the month, flexible prepayment penalties based on months of interest rather than a percent of balance, and 200 basis points compensation not only on initial advances but also on subsequent advances. For alternative lending, it covers income qualification for tax-at-source borrowers as salaried or self-employed borrowers, new post-commitment shared income view for bank statement deals, and policy flexibility including no minimum FICO score and the ERP program changes dropping minimum FICO to 640 and allowing higher GDS or TDS options (including up to 55 GDS TDS for salaried and up to 60 for BFS). It also reviews competitive adjustable rate mortgages and HELOC terms, and mentions broker finder fee minimums plus renewal compensation.