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The lender of choice for thousands of brokers and non-delegated correspondents nationwide.

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Greg Woolsey

VP, National Wholesale Sales Manager

c: (805) 732-5258

f: (888) 708-2713

gwoolsey@financeofamerica.com
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Reduced LLPA to .10

Effective June 18th, 2018 FAM has reduced the Escrow Waiver LLPA from .25 to .10 for states outside of California.

Two-X Apex

Finance of America Mortgage is pleased to announce high LTV, no MI, QM jumbo mortgage solution with the Two-X Apex product.

What is Two-X Apex?

Two-X Apex from Finance of America Mortgage is designed to accommodate high LTV financing. With borrowing limits up to $2.5 million, a minimum credit score of 680, and no mortgage insurance requirements- Two-X Apex gives your clients the buying power of a conforming loan with the loan amounts of a jumbo. Two-X Apex may be the ideal product for clients who are well documented, have no derogatory credit and want to put less money down when purchasing their home.

Program Details:

95% maximum LTV.
No mortgage insurance for LTV’s >80%.
Credit scores down to 680.
Maximum DTI 43%.
Minimum loan amount $100,000.
Maximum loan amount $2,500,000.
Loan terms include: 20 & 30-year fixed and 5/1, 7/1 & 10/1 ARMs.
2-15 months reserves required.

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About Me

Follow Me On

Greg Woolsey

VP, National Wholesale Sales Manager

c: (805) 732-5258

f: (888) 708-2713

gwoolsey@financeofamerica.com
Download CSV

Finance of America's mission is to be America’s preferred choice for home financing options by being the industry leader in responsible lending. Committed & dedicated to achieving corporate and personal goals. Within my role I identify and executing strategic idea’s, manage change, improve operational efficiency, and lead diverse groups. With over 20 + years in sales, I have a proven track record of solving complex business problems, coaching and leading employees and achieving profitable business.

I am focused on driving incremental business through targeted market campaigns and establishing strategic partnerships to increase channel revenue. I strive to consistently pioneer ideas, resulting in sustainable business results for the wholesale mortgage lending division.

Photos from my life

Me and my family

Me and Peg

What am I reading:

I love to read biographies or true stories. My favorite thing to do is to sit in my spa with an extra water and read for hours. Currently I am reading…

All American Murder – The Rise and Fall Of Aaron Hernandez – James Patterson
All The Gallant Men – Donald Stratton
Capital Gaines – Chip Gaines

What Am I watching?

Too embarrassed to say. I am a reality show junky….to a degree. Not by design, I might add. My kids roped me into, The Bachelor, the Bachelorette and Bachelor in Paradise (to complete the trifecta). I also partake in Alaskan Bush People and to round it off, I religiously watch Survivor. When I am not watching reality TV I love to watch Shameless and old episodes of Dexter and Breaking Bad (I still have yet to see the finale of Breaking Bad)

What am I working on?

A little of everything. There is always something to fix at the house or yard work that needs done (I find that faking an injury gets me out of the yard work). My wife will tell you she does all the work but since she probably will never know that I am writing this, I can get away with taking the credit.

At Finance of America, we are dedicated to providing solutions to improve our borrowers’ financial well-being. This mission to care allows us to uniquely serve our customers and employees, with the soul and spirit of a small company, but the foundation and stability of a global financial institution.