Foundation Mortgage Launches July Broker Challenge

VoM News Desk | July 3, 2025 | 12:03 AM IST | Breaking News, Business, World | Follow on Google News

Foundation Mortgage Launches July Broker Challenge

A 25 bps pricing incentive awaits the Top 5 brokers by volume and loan count

(Miami Beach, FL) – Foundation Mortgage, a leading Non-QM lender known for its broker-first service model, has launched its Stars, Stripes & Submissions Broker Challenge—a limited-time July pricing incentive built to reward brokers for delivering funded loans in June.

This special promotion, timed to align with Independence Day and the company’s record-breaking first half of 2025, offers brokers the chance to earn exclusive pricing credits on eligible Non-QM loans locked in July.

Promo Overview
Brokers who closed and funded Non-QM loans in June 2025 are automatically eligible to receive the following pricing incentives in July:
12.5 bps for $250K–$399K in funded volume
25 bps for $400K–$749K in funded volume
37.5 bps for $750K+ in funded volume

In addition, any Bank Statement loans under $750K funded in June will receive an extra 12.5 bps, up to a maximum of 37.5 bps total.

Pricing credits apply to eligible Non-QM loans locked and funded between July 1 and July 31, 2025 and are applied automatically by Foundation’s Lock Desk.

“We wanted to recognize our brokers not just with recognition, but with real value,” said Marc Halpern, Chief Executive Officer at Foundation Mortgage. “They delivered outstanding production in June, and this promotion is our way of turning that momentum into margin. It’s fast, fair, and reflects our commitment to keeping brokers competitive in every market cycle.”

This incentive applies to all Foundation Non-QM programs, including DSCR, Bank Statement, Asset Utilization, ITIN, 1099, Foreign National, and other alternative documentation options.
The company continues to emphasize common-sense lending, flexibility, and broker success as it scales Non-QM nationwide.

The Stars, Stripes & Submissions Challenge aligns with Foundation’s ongoing mission to equip its broker network with competitive programs, responsive support, and industry-leading technology.

“2025 has already been an exceptional year,” Halpern added. “This promotion is about keeping that momentum going—and showing appreciation for the brokers helping us build success on a rock-solid Foundation.”

VoM News Desk

VoM News is an online web portal in jammu Kashmir offers regional, National & global news.