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Get Approved

ALTERNATIVE
FINANCING SIMPLIFIED

Built for Mortgage Brokers

TURNAROUND TIMES YOU CAN DEPEND ON

Scenario Review
12 Hours

Loan Setup
24 Hours

Underwriting
48 Hours

Condition Review
48 Hours

Docs
48 Hours

LOAN PROGRAMS

NON-QM POWERED BY COMMONSENSE

Eligibility Question

A BETTER EXPERIENCE

THE SIMPLE PROCESS BROKERS ARE LOOKING FOR

SOLVE

Eligibility Tool

Computer showing simulation of SOLVE tool

Scenario Pricer

PRICE

Mortgage Loan Scenario Price tool

PRESENT

Loan Option Breakdown

Mortgage Loan Option Presentation tool

CASTOR SUCCESS STORIES

EMPOWERED BROKERS EQUAL HAPPY CLIENTS

Happy Retired Couple

John & Cindy

Loan: $750,000 Purchase

Scenario: Retired couple could not attain financing due to their lack of employment.

John and his wife Cindy, are both retired and could not attain financing due to their lack of employment.  With $1.25M between them in retirement and stock accounts, they were concerned about paying cash for a home for $1,000,000.  Depleting most of their savings to be a “Cash Buyer” would only leave them $250,000 for retirement.

 

Castor Financial’s No Ratio Program allows applicants to customize loan terms that work for them if their assets equal or exceed the amount financed.

 

John and Cindy elected to put $250,000 down and finance $750,000, preserving $1,000,000 in investments that would produce a great return. Now they had peace of mind for their retirement, a mortgage payment that fit their budget, and a tax write-off to offset their annual retirement earnings.

BROKER SUPPORT

HOW CASTOR SUPPORTS BROKER BUSINESS

Innovative Products

Castor Financial breaks the mold with innovative loan products designed for flexibility. Our programs allow borrowers to combine income streams, including bank deposits and asset depletion calculated, with no minimum asset requirement for depletion. This empowers individuals to qualify even if traditional W-2 income falls short. Plus, with the option for interest-only payments and extended 40-year terms, Castor unlocks financial possibilities for a wider range of borrowers.

 

Simple Process

Castor Financial streamlines the loan submission process, saving you valuable time. In just three easy steps, you can get your loans moving forward: simply upload the necessary files, review the application, reissue credit, and let Castor handle the rest. No need to run an income check – our innovative process takes care of that. Castor's dedicated team will even rework loans after submission to ensure everything is optimized, keeping you focused on closing deals.


 

Exclusive Tools

Castor Financial empowers brokers with exclusive tools to streamline the loan qualification process. The innovative SOLVE tool simplifies eligibility assessment, calculating business bank statement income and asset depletion calculation. The PRICE tool allows brokers to instantly price loan scenarios with various configurations. PRICE even generates a 3-option PRESENTATION output, enabling brokers to effortlessly showcase different loan options and empower informed decisions with their borrowers.
 

Concierge Service

Castor Financial understands that navigating the Non-QM landscape can be challenging. That's why we offer dedicated support that goes beyond the typical account executive support. Submit loans with confidence – our team will meticulously review your submissions and we'll take a proactive approach, working alongside you to rework scenarios to increase their chances of passing underwriting. We're committed to your success, no question is too big or too small – we're here to empower you to close more deals and unlock new possibilities for your borrowers.
 

Ready To Get Started?

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