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 details ⇒

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