Wholesale Mortgage Bankers

Address: 2650 East Imperial Highway, Brea, CA 92821

www.wholesalebankers.com

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-Out
Cash-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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