Foundation Mortgage offers July pricing incentive for brokers
Florida-based
lender
Foundation
Mortgage
announced
on
Wednesday
the
launch
of
its
Stars,
Stripes
&
Submissions
Broker
Challenge
—
a
limited-time
pricing
incentive
for
July
that
was
created
to
reward
brokers
for
delivering
funded
loans
in
June.
The
promotion
offers
mortgage
brokers
the
chance
to
earn
exclusive
pricing
credits
on
eligible
nonqualified
mortgages
(non-QMs)
that
are
locked
in
July.
Brokers
who
closed
and
funded
non-QM
loans
in
June
2025
are
automatically
eligible
to
receive
the
following
pricing
incentives
in
July:
-
12.5
basis
points
for
$250,000
to
$399,000
in
funded
volume -
25
bps
for
$400,000
to
$749,000
in
volume -
37.5
bps
for
$750,000
or
more
in
funded
volume
In
addition,
any
bank-statement
loans
of
less
than
$750,000
that
were
funded
in
June
will
receive
an
extra
12.5
bps
of
discounts
in
July,
up
to
a
maximum
of
37.5
bps
total.
Pricing
credits
apply
to
eligible
non-QM
loans
locked
and
funded
between
July
1-31.
“We
wanted
to
recognize
our
brokers
not
just
with
recognition,
but
with
real
value,”
said
Marc
Halpern,
CEO
of
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.”
The
incentives
apply
to
all
Foundation
non-QM
programs,
including
debt-service-coverage
ratio
(DSCR),
bank-statement,
asset
utilization,
Individual
Tax
Identification
Number
(ITIN),
1099
and
foreign
national
loans,
among
others.
“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.”