Hot Summer Promo

Earn more on all Discover ALT deals in July!

New! HOT Summer Promo pays you an automatic 10 bps more on all Discover deals submitted on or after June 1 that close in July.

Our Discover Alt team is dialled in at a TAT of 2-3 days (effective 02 June 2025) – standard for deals that require more experience and attention.

Remember to use our Deal Hub team to make sure your Discover deals are packaged for quick approvals. (And to add another 5bs to your comp on closing!)

This promo applies to all Discover solutions, including:

SCORE (Support for Credit Optimization, Rehabilitation and Education)
- SCORE deals reward your clients with up to $1,000 in mortgage payments when they improve their Beacon after closing. Program details here.
Enhanced Ratios
- 55/55% TDS/GDS up to 80% LTV
- 65/65% up to 65% LTV
- 70/70% case by case up to 65% LTV
Expanded Beacons
- Beacons as low as 500 LTV up to 75%
- Beacons 475-500 LTV up to 65%
BFS Smart
- Expanded occupations
- BFS Statement based (No NOA requirement, 12 months bank statement, SDL)
- Loans up to $2M case x case
- 35 years / Beacon ≥ 600
- 30 years / Beacon < 600 (Beacon to 550 case by case)

Review all Discover ALT highlights here.

AMP YOUR COMP by layering promos:

Deal Booster: Get 5 bps more on deals flowing through Deal Run Hub.
SCORE Program: Earn 4x MQ points (that’s 15 bps more) on all SCORE deals.
HOT Summer Promo: 10 bps more on all Discover deals submitted on or after June 1 that close in July.

You could earn up to 50 bps more on your MCAN Discover deals in July.

Current rates (effective 02 June 2025): Click here

Call your BDM. Run your deal through our Deal Hub team. Close more deals. Amp your comp.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Broker Resources

Earn more on all Discover ALT deals in July!

Related Articles

MCAN ICON 2025

Bundle your BPS!

Elevate Masterclass

Join Our Mailing List

Cookie Banner