Equity Wave Lending, Inc

Basic information

QM program

N/A

Loss payee

loss payee provided at docs on every loan since private money

CPL or subordinate clause

N/A

Lock policies & fees

Lock policies

Lock extension

Rates are generally a range that we quote. Programs are short erm 2 & 3 Yr Interest Only

Relock

N/A

Lock & Shop

No

Lender's niche & overlays

Lender's niche

Stated Income Stated Asset Business Purpose Short Term Loans for Self-Employed or Real Estate Investors on NOO and OO, 1st and 2nd TDs

Lender's overlays

Max LTV/CLTV 60% Refinance

Max LTV 65% Purchase

Stated Income/Assets

Commercial & Mixed Use ONLY for CA

Lender turn time

Initial underwrite (days)

1

CTC conditions review (days)

1

Initial CD (days)

10

Reviews