Velocity Mortgage has been providing lending options to brokers since 2004. We are a direct, wholesale lender offering ‘No Income Verification' loans on investment residential, and commercial pr...
Velocity Mortgage has been providing lending options to brokers since 2004. We are a direct, wholesale lender offering ‘No Income Verification' loans on investment residential, and commercial properties. We do not require tax returns or income statements. We finance Investor 1-4s, Multifamily, Mixed Use, Retail, Office, Warehouse, Self-storage, and more. We are great for all types of investors including self employeed business owners. We are a Par lender, not hard money; we charge no origination points, but we allow our brokers to make up to 5 points on every deal with up to 2 points in YSP. We offer 30 years fully amortized loans with the option of either a ‘3 Year Fixed' or ‘8 Year Fixed'. By offering streamlined programs and maintaining an unmatched dedication to service, Velocity continues to successfully provide mortgage brokers with the financing options they need to fill the gap between institutional banks and hard money lenders. Contact us today to find out how we can bring value to your business at 866.505.FUND (3863) or [email protected]
Founded Year
2004
Organization Website
velocitymortgage.com
Organization Languages
English
Organization Revenue
25000
Alexa Ranking
558202
Current Technologies
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Job Functions
Sales
Accounting
Operations
Education
Business Development
Finance
Marketing
Human Resources
wholesale lender
nonbank commercial lending
mortgages up to 5 million
no tax returns required
par pricing
investment residential loans
direct
broker rebate available
no income verification loans
small balance commercial loans
not hard money
no balloons
commercial real estate
Rick Favela's Work History and Education
Velocity Mortgage Capital
Senior Vice President, Director of Special Servicing