Wholesale Mortgage Bankers
Address: 2650 East Imperial Highway, Brea, CA 92821
Internal reviews
6 reviews
- Total loans closed with Loan Factory
- 175
- Total loans closed with Loan Factory (past 12 months)
- 132
Lender overview
Basic information
- QM program
-
- Conventional
- Loss payee
- Fidelity Lending Solutions, Inc. DBA WMB ITS SUCCESSORS AND/OR ASSIGNS 2650 EAST IMPERIAL HIGHWAY, SUITE 110 BREA, CA 92821
- CPL or subordinate clause
- Fidelity Lending Solutions, Inc. DBA WMB ITS SUCCESSORS AND/OR ASSIGNS 2650 EAST IMPERIAL HIGHWAY, SUITE 110 BREA, CA 92821
Lock policies & fees
Lock policies
- Lock extension
- 2 Days - 0.125 7 days - 0.250
- Relock
- 0.250 for 15 days / Worst case pricing.
- Lock & Shop
- No
Lender's niche & overlays
- Lender's niche
We have the Best Non-QM / No Doc Rate
Allow lender credit to cover BPC.
- Lender's overlays
Connecticut, Delaware, District of Columbia, Hawaii, Illinois, Indiana, Iowa, New Hampshire, New York, Massachusetts, Maryland, Maine, New Mexico, Ohio, Rhode Island, South Carolina, Vermont, Wisconsin, Texas are only available for DSCR
Cash-Out w/ LTV > 50%: $300k Max Cash-OutCash-Out w/ LTV ≤ 50%: $500k Max Cash-Out
Lender turn time
- Initial underwrite (days)
- 1
- CTC conditions review (days)
- 2
- Initial CD (days)
- 1
Reviews
2.5out of 5
Based on 6 reviews
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