Dunmor

Basic information

QM program

N/A

Loss payee

1st Mortgagee- Loss Payee- to read as Follows: Statebridge Company, ISAOA/ATIMA, P.O. Box 7086 Troy, MI 48007-7086 Loan #

CPL or subordinate clause

CPL information to include BARH Dunmore, LLC address 10960 Wilshire Blvd., Suite 805, Los Angeles, CA 90024

Lock policies & fees

Lock policies

Lock extension

Available upon request

Relock

Available upon request

Lock & Shop

No

Lender's niche & overlays

Lender's niche

Dunmor is a direct lender specializing in loans for professional real estate investors. Our rates are some of the most competitive in the private lending space.  We simplify the borrowing process by requiring fewer documents than banks offering a balance of cost and convenience.

• Bridge Loans

• Up to 80% LTAIV

• Fix and Flip Loans

• Up to 93% LTC and up to 100% of rehab costs and up to 75% LTARV

• New Construction Loans:

• Up to 90% LTC 

Additional Info:

• Business purpose loans only
• Non-Owner Occupied only
• Will qualify primarily based on experience and FICO
• Single family, 1-4 units,  multifamily (5+ units) and mixed use (with more than 51% residential)
• Max Loan Amount:

• Single Family: up to $15m (depends on project's state)
• 2+ Units: up to $20m

Rehab and Ground Up Construction for 1-4 Residential and Multi-Family

Lender's overlays

We lend on investment property, non-owner only closing in an Entity. Short term financing 6-36 months. DSCR program available for long term rental options

Lender turn time

Initial underwrite (days)

1

CTC conditions review (days)

1

Initial CD (days)

1

Reviews