Pembroke Pines, FL
When an independent real estate investor couldn’t qualify for a conventional loan, her broker turned to Velocity for a fast, cash-out refinance on this SFR investment property. We closed the loan in 31 days, allowing the investor to secure
Knowing that a small SFR investment property purchase with a fast turnaround would be difficult to fund using a traditional lender, the broker called Velocity. Through our FlexPerm mortgage program, we provided a 30-year, 75% LTV loan that closed
The broker moved this four-condo, blanket deal for a Venezuelan borrower from another lender due to the low cost of our foreign investor program. With no lender points, he saved the borrower a significant amount in loan origination fees.