Hedge Commander Updated for Long-term Float Down Locks
MCM has just updated its cloud-based Hedge CommanderTM software to provide mortgage bankers with enhanced tools and systems for the pricing, hedging and origination of loans through long-term float down commitments with rate & point caps.
- Long Term Forward Builder Commitments
- Long term Float Down Spot Commitments
- One-time Close Commitments
- Lock and Shop Commitments
- Split Fee Float-Down Commitments
-All with Float Down Rate and Point Caps.
FHA/VA and Conforming fixed rate programs. Non-QM fixed programs with lender pre-approval mandatory delivery, and pricing schedule.
Time periods from 90 to 365 days in monthly increments.
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