New 20-Year Loan Terms Available

We’re happy to announce that one of our best lenders, LightStream, is bringing back 20-year loan terms. This loan option was previously available on our platform and we received overwhelmingly positive feedback on it. Now, we’ve been able to turn it back on after a brief hiatus. 

What does this mean for you?

• Your customers can get lower payments when financing a larger purchase
• This will help you sell more jobs and close more deals

About LightStream

LightStream is the online consumer lending division of Truist Bank – one of the nation’s leading financial services companies. LightStream offers innovative lending products that provide customers with highly competitive and fixed-rate financing. Customers can avail of an easy, fast, and virtually paperless loan process at the comfort of their own home.

Pros

• Highly-competitive rates for qualified borrowers
• No origination fee or prepayment penalty fees
• Loan amounts can range from $5,000 to $100,000

Cons

• LightStream prefers borrowers with a significant credit history
• Smallest loan amount you can apply for is $5,000 which is a bit high compared to other lenders