We Lend
Address: 88-10 136th Street, NY, NY 11418
Internal reviews
- Total loans closed with Loan Factory
- 0
- Total loans closed with Loan Factory (past 12 months)
- 0
Lender overview
Basic information
- QM program
- N/A
- Loss payee
- TBD
- CPL or subordinate clause
- TBD
Lock policies & fees
Lock policies
- Lock extension
- TBD
- Relock
- TBD
- Lock & Shop
- No
Lender's niche & overlays
- Lender's niche
- Leverage up to 90% purchase and 100% renovation, based on asset and borrower experience
- No DTI, no tax returns, no employment verification needed
- Loans funded in as few as 3–7 days
- Avg. borrower interest rate: 9–12%
Foreclosure Bailouts on Investment Properties
- Lender's overlays
For the most part, we follow AUS. Credit scores only go down to 620 on most products, down to 600 on FHA.
We Lend only on investment properties. We Lend does not finance owner-occupied properties.
Lender turn time
- Initial underwrite (days)
- 2
- CTC conditions review (days)
- 1
- Initial CD (days)
- 1
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