Loan Guarantee Program

Exceptional risk management option for second mortgage portfolios

The Loan Guarantee program is an equity protection program developed to handle the risk management of second mortgage portfolios related to charged-off loans. Unlike other programs without true risk transfer, it provides Credit Enhancement Insurance for your qualifying loans and, under our comprehensive policy, you will be reimbursed for any loss sustained on loans or lines made or purchased, and reported for insurance within the policy period. We will cover claims for up to 10% of your annual loan volume, and we will customize underwriting guidelines to keep the insured program consistent with existing guidelines.

Qualifying loans include:

  • Closed-End Home Equity
  • HELOCs
  • Purchase Money Seconds
  • Home Improvement
  • Residential Lot Purchase
  • Construction-to-Permanent Loans

Loan Guarantee is part of the LendingXpress suite of real estate services. Ask your SWBC representative for more information or use the link below to contact SWBC.